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Macroeconomic Objectives
Economics · Year 11 · Economic Management and Policy · 4.º Período

Macroeconomic Objectives

Students examine the Australian Government's key macroeconomic objectives, including sustainable economic growth, price stability, and full employment. They discuss the potential conflicts between these objectives.

ACARA Content DescriptionsACARA Senior Secondary Economics (Unit 4) - Government economic objectivesACARA Senior Secondary Economics (Unit 4) - Conflicts between objectives

About This Topic

Students examine the Australian Government's key macroeconomic objectives, including sustainable economic growth, price stability, and full employment. They discuss the potential conflicts between these objectives.

Key Questions

  1. What are the primary economic goals of the Australian Government?
  2. How is price stability defined by the RBA?
  3. Why might achieving full employment conflict with controlling inflation?

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Edited by Adriana Perusin, Editor-in-Chief, Flip Education