Articles submitted by current students.
Arguably, this was one of the biggest weeks for economies internationally and domestically this year. Starting with the Australian economy, the change in PM is expected to have a substantial impact on business confidence, at least in the short term, judging from the historical spikes experienced in the two Rudd/Gillard transitions.
Even with potentially favourable short-term […]
Coming from over 30 years ago, this weeks article is by no means new. However, the ideas it discusses are still avidly debated even today within economic spheres. It investigates the differences between three forms of time utilised by economists; the standard logical time oft used in microeconomics, the rarer historical time familiar to some […]
Next week the highly anticipated decision by the US Federal Reserve is expected to be made, with all signs pointing to an increase in the Federal Funds Rate. Still, despite the strong market consensus, signs of volatility remain with many investors and speculators uncertain of the exact outcome from Fed Chair Janet Yellen.
Last week the […]
This is a very unique article espousing the belief that if you compartmentalise an individual’s life into distinct time frames then the choices they make which might appear irrational are infact rational. Now while that might sound a bit confusing if you read the article it’s sure to give you a brand new perspective on […]
Domestically, the biggest news this week came with the release of the GDP figures for the June quarter. At just 0.2% it’s half of the expected 0.4% figure and the worst single quarter result in 4 years, bringing annualized growth down to 2%. The ABS said that “reduced mining and construction activity, coupled with a […]