How does high inflation lead to a recession in the country? Explain the role of the Government and the Central Bank to address the economic recession problem by using appropriate fiscal and monetary policies?

FoMLSS / Accounting, Finance and Economics AFE4001-B Business Economics

Coursework Assessment (002): 2000 words maximum

Submission Date: 3pm, Monday,9 May 2023

INFORMATION TO CANDIDATES

  1. Submit your assignment electronically through Canvas using the Assignments menu.
    1. Failure to submit, or submitting after the deadline without an authorised extension, will be considered as a non-submission and you will receive a mark of zero.
  2. Following submission your work will be checked for plagiarism using Turnitin.
    1. You can review the similarity report generated by Turnitin after you have submitted. Go to Assignments and click on the assignment where you have submitted. Click on the Similarity Score Icon to see the similarity report.
    2. The similarity score indicates the percentage of your work that is the same as other sources. A high score may indicate that the work is not original and has been copied.
    3. Please use your UB number as the submission title if the assignment requires an individual submission.
    4. Your assignment will only be accepted if it is one of the approved file types. The permissible formats are limited to the following file extensions: .doc, .docx, .txt, .pdf.
    5. You are advised to plan your work carefully and back-up your work. Computing problems will NOT be accepted as reasons for non-submission.
    6. Note the maximum word limit of 2,000 words. Excessive assignments will be penalised according to section 8.9 of Regulation 2 - Regulation Governing Undergraduate Awards: “Assessed work which exceeds a specified maximum permitted length will be subject to a penalty deduction of marks equivalent to the percentage of additional words over the limit. The limit excludes bibliographies, diagrams and tables, footnotes, tables of contents and appendices of data.”
    7. The final mark and the feedback for your assignment will appear on Canvas under Grades tab no later than 20 working days after the deadline submission. You should receive an email notification when your mark and feedback have been released (Check in your Account Settings under Notifications to ensure this email is generated. You can also change your settings to receive a text message notification if you wish).

COURSEWORK: ANSWER BOTH QUESTIONS

  1. How does high inflation lead to a recession in the country? Explain the role of the Government and the Central Bank to address the economic recession problem by using appropriate fiscal and monetary policies. Are there any potential problems with such policies? (1000 words) (50 marks)

2 What is the rationale for international trade? Provide a critical assessment of traditional and modern theories of international trade in promoting international trade. Why would a country promote protectionism? (1000 words) (50 marks)

100% Plagiarism Free & Custom Written, Tailored to your instructions