Hardly a day goes by when we do not hear or read about 'consumer spending down', 'Australian dollar rising,' or 'business sentiment at a five-year low.' But what do these terms actually mean? And what does it have to do with our everyday lives? This excellent program explores the nature and purpose of macroeconomic activity in contemporary Australia, the implications for our standard of living and our long-term economic prosperity. It will assist learners to understand the nature and importance of the Australian Government's key economic goals, including low inflation, strong and sustainable economic growth, full employment, external stability and equity of income distribution.
Hardly a day goes by when we do not hear or read about 'consumer spending down', 'Australian dollar rising,' or 'business sentiment at a five-year low.' But what do these terms actually mean? And what does it have to do with our everyday lives? This excellent program explores the nature and purpose of macroeconomic activity in contemporary Australia, the implications for our standard of living and our long-term economic prosperity. It will assist learners to understand the nature and importance of the Australian Government's key economic goals, including low inflation, strong and sustainable economic growth, full employment, external stability and equity of income distribution.
General Note
Originally released by Video Education America (VEA), 2011.
Streaming video file encoded with permission for digital streaming by Infobase on January 19, 2017.
Content Note
Macroeconomic Activity (3:04); --Inflation (2:35); -- Economic Growth (3:08); -- Employment (2:39); -- External Stability (3:02); -- Equity of Income Distribution (3:27); -- Credits: Macroeconomics (0:36); .