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Macroeconomics: Understanding the Australian Economy

Year

2011

Producer

VEA

Country of Origin

Australia

Duration

00:20:00

Product Code

VEA11030000

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Description

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.

Key Product Data

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Production Year
2011

Duration
00:20:00

Producer
VEA

Country Of Origin
Australia

Level
Middle Secondary to Senior Secondary

Product Code
VEA11030000