Assessment 3: Analysis of Economic Data

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BUS505-2021S1 Week 12 Assessment 3: Analysis of Economic Data
Start Due Post Marks Title Date Date Date Available Assessment 8 Mar 13 17 Jul 3: Analysis of 2021 Jun 2021 35 Economic Data – 2021 – A3 00:00 23:59 00:00 Summary: Summary:
Analysis of Economic Data (1500 words) Students collate and analyse recent, publicly available economic data that may impact on the conduct of a business. Such data may include unemployment statistics, consumer confidence indicators, interest rate data, etc. Students should discuss their collated data in terms of possible impacts on, and implications for, businesses, (e.g., difficulty in obtaining appropriate staff, costs of borrowing for capital investment, the need to adapt and/or adjust business models, etc.). This task is staged in three parts, whereby students are prompted to prepare a component of the task through the semester, before submission of the final report in Week 13.
Tips: • Select your macroeconomic data • Analyse Your Data, and Identify Patterns and Trends • Analyse Impacts on Business Strategy and Operation
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