Linking Economic Concepts and Models to Real-Life Events in Macroeconomics

Summary of Relevant Newspaper Article

1. Macroeconomics events occur around us every day. This assignment aims to provide association between what you learn from economic models and concepts in class with real—life events happening around you.
2. Search through newspapers for ONE article that is relevant to the economics concepts discussed in class. This article will provide the focus of your discussion. You are also required to attach this article to your final report. You may also choose other news articles and reports to help you in discussing the news event concerned. Pe ow kr-f•cic Coo ct-t° be fblin tica.Ne „vt; c)t.kfeeS:
3. News events which you may consider include events relating to Gross Domestic Product (GDP), inflationary economy, recessionary economy, fiscal policy and/or monetary policy.
4. Summarise the article first. Analyse the article and identify linkage between the economics models and concepts you have learnt in class with the discussion in the article.
5. Where applicable, draw diagrams to support your discussion. Your report should be about 1,200 words (+1- 10%), inclusive of the summary.
6. More marks will be awarded for reports whichprovide more detailed discussion and in-depth analysis with adequate referencing to the economic concepts and models.