Referencing Styles : APA Discuss the unemployment rate, types, issues, and government policy of Australia and comment unemployment in various states of Australia. You need to specify in different region like NSW, WA, Tasmania, Qld or SA. 1. A broad understanding of the principles of macro and micro economics in a variety of business environments 2. An understanding of productivity and its influence on business and national economic performance 3. An understanding of the likely impacts of fiscal and monetary policy and how they influence business decisions 4. A well- developed understanding of the language of economics and the tools of the economist . Organize yourselves into groups. Each group is to have Four or Five members. 2. Groups need to choose a topic from the list of topics provided by the lecturer and write an essay on the chosen topic. (This list is placed under additional readings on your BB) The list contains some micro and macro areas which would help students to understand the various topics and their relevance in the real life. 3. This group assignment’s will be assessed on the basis of the following criteria: - The current research on the topic - Analysis of the topic and the application - Student’s showing their understanding and current debate by different governments, economists and the industry. Unemployment is the main topic