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Problem Description: The commuting time in cities around the world has been rising. Taking Australia as an example, workers spent an average of almost 66 minutes traveling to and from work each day in 2017. The long-duration of commuting has implications for workers’ labour force participation and productivity. More importantly, the impact of th
Learning Objectives: Analyse the concept of a nation’s balance of payments to examine the economic importance of changes in a nation’s net foreign wealth position. Synthesize and evaluate theories of exchange rate determination. Assess the policy options available in an open macroeconomic environment. Evaluate the extent to which macro
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Part A: Report to the Australian Productivity Commission Problem Description: In a well-functioning labor market, individuals with the same product attributes should be paid equally. The existence of a public-private pay gap thus has implications for the labor market, provision of public goods, and equality. Higher wages in the public sector for
Aligned subject learning outcomes SL01: examine and describe the key drivers, risks, and opportunities influencing global and international marketing practices; SL02: apply marketing skills and knowledge to recommend innovative marketing strategies and programs for an international organization. Course Learning outcomes CL01: Demonstrate essent
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1. Design a table where Time is an input variable, and calculate the distances moved by Alex and Betty. Assume a distance lead of 120 meters by the Betty at time = 0, and the speeds of Alex and Betty to be 4 m/s and 2 m/s, respectively. Use Goal Seek to find the time and distance at which the two meet. 2. Alex and Betty are now in a room. Calculat
Case Study Fitbit: the perfect fit for consumer motivation The health and fitness industry is big business. In 2015, Australians alone are estimated to have spent $8.5 billion on gym memberships, sports equipment, and the latest fitness trends. In addition, one study has revealed that in 2015 over 6 million Australians had made a New Year's resolut
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Assessment 1: Individual Written Essay You are expected to draw on a minimum of FIVE (5) peer-reviewed or respected journal articles (e.g., Harvard Business Review) to underpin your arguments presented in this essay. Process Undertake wide-ranging reading to ensure that you have a proper grasp of the topic that you have chosen. Ensure that yo
Assignment Questions: Question 1: Define and describe empathy quality? Question 2: Explain, evaluate this quality? In what ways is this quality a strength? Provide specific examples where this quality has been displayed. Question 3: Why do you possess this quality, what are the personal qualities, attributes, and experiences on which this is bas
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Assignment Questions: Question 1 1. Economists consider the commodity market as a form of perfect competition. Give ONE example of this type of market structure and discuss the characteristics. 2. List THREE different types of barriers of entry into an industry. Question 2 1. Study the following table and answer the questions: At what price i
Assignment Questions: Question 1 At a certain stage, an easily communicable disease has spread to infect 1 % of the population in a closed community. A fairly accurate diagnostic screening test is being developed for the disease, recording a positive result for 90 % of tested diseased individuals while giving a false result for 5 % of tested indivi
