“This task requires students to present on contemporary economic issues. Students will apply their knowledge to a real-life case study considering relevant economic theories in their invigilated presentations during the exam period.”
Essentially I have to make a speech and presentation about contemporary economic issues. The speech needs to be
around 10-15 minutes (to note i do talk pretty slow). Also attached is the assessment guide, aswell as the other documents they gave.
ALSO TO Note: It is mandatory to provide demand, supply, and other graphs where appropriate to support your presentation.
Your presentation should cover the following aspects:
a) The impact of Labor’s proposed aged care package on the demand of aged care services:
(i) changes in demand; (ii) changes in quantities demanded, in the short-run, and in the long run, respectively.
b) The impact of Labor’s proposed aged care package on the supply of aged care services: (i) changes in supply;
and (ii) changes in quantities supplied, in the short-run and in the long-run, respectively.
c) The impact of the proposed aged care reform on employment in the aged care sector and flow-on effects on
other sectors (be specific on these sectors) based on your analysis in a) and b).
d) The “winners” and the “losers” in the aged care reform as recommended by the Royal Commission, from the
perspective of business activities, in view of your analysis in a), b) and c).
e) Specify ALL your assumptions and their limitations where appropriate.
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