Please note that Trade data is available on Highlands / All Summative Assessment / S IA2 Research Assignment - Economic Report.
Please also note that you need a balanced variety of sources for your assignment, so be sure to include information obtained from websites, database articles, Economics text books, as well as any suitable Library books.
Aims
To help you understand the basics of the economics relevant to the problem or issue.
To help you find and understand the relevant economic theory, content and terminology related to the problem or issue.
1.1 Class Textbook (hard copy)
Consult your own textbook: Doug Cave and others, Economics for the Real World Unit 4, 4th ed.
1.2 Other Economics Textbooks and Booklets (hard copy)
Tim Dixon and John O'Mahony, Australia in the Global Economy, 2018
1.3 Economics Dictionaries (hard copy and digital)
Use a variety of dictionaries for KEY terms and concepts.
1.4 Economics Newsletters
See Plain English Economics Newsletters on Highlands - 2018 and 2019
See also AES Student Bulletin for 2018 and 2019 series (introductory and advanced)
Reserve Bank Bulletin
1.5 Key Economic Organisations
KEY ORGANISATIONS
Australian Department of Foreign Affairs and Trade (DFAT) | Organisation for International Economic Co-operation and Development (OECD) |
Australian Trade Commission (AUSTRADE) | International Monetary Fund (IMF) |
Australian Bureau of Statistics (ABS) | Australian Bureau of Agricultural and Resource Economics and Science (ABARES) |
Reserve Bank of Australia
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Productivity Commission (PC) |
World Trade Organisation (WTO) | Foreign Investment Review Board (FIRB) |
World Economic Forum |
Currency: Timeliness of the information
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Relevance: Importance of the information for your needs
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Authority: Source of the information
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Accuracy: Reliability and correctness of the information
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Purpose: Reason the information exists
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Aims:
To help you source more up-to-date economic information and real world examples
To help you provide historical and/or up-to-date quantitative (statistical) evidence and qualitative evidence as support for your economic arguments.
2.1 Media, Newspapers, TV Programs and News Clips (mainly electronic)
Look for newspaper and journal articles from The Australian, The Courier-Mail and the Sydney Morning Herald in the recommended databases like Australia New Zealand Reference Centre.
The Australian (in ANZ Reference Centre database and also a direct link in Databases area of Library pages)
Sydney Morning Herald (in ANZ Reference Centre database and also a direct link in Databases area of Library pages)
ABC Landline (TV Rural affairs program)
ABC News Online (and in Clickview video catalogue)
ABC 7.30 Report (TV show also in Clickview video catalogue)
Four Corners (TV show also in Clickview video catalogue)
2.2 Statistical Sources (mostly web-based)
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Reserve Bank of Australia (Chart Pack)
ABARES (Australian Bureau of Agricultural, Resource Economics and Science)
SEE ALSO the Library Databases.
2.3 Government Departments, Statutory Authorities, Regulatory Agencies and Public Corporations (web-based)
Australian Government entry point
Austrade
Try this link: Austrade Export Markets and Countries
ABARES (Australian Bureau of Agricultural Resource Economics and Science).
RBA (Reserve Bank of Australia Chart Pack)
SEE ALSO the Library Databases.
2.4 International Organisations / Forums (web-based)
WTO (World Trade Organisation)
1. Use 'Ctrl F' (Control + Find) to search for particular terms easily in a long document, whether from a website or a database article.
2. Use the Boolean command to put double inverted commas around phrases to limit and improve your results eg "energy drinks problems".
2. Use a Google command to limit results to a CERTAIN DOMAIN
eg ethanol site:gov
3. To check the authority of a website when it is not clear who the author / authority is, go to the end of the URL in the Google search box, cut back to the first forward slash (/) and hit 'Enter'. This will take you to the Home Page of the website, and you can see the full name of the source.
4. Use a Google command to limit results to the MOST RECENT: After you get your results, choose the Google Menu Bar, and choose 'Tools'. Then on the far left, at the drop-down menu next to 'Any Time', you can choose 'Within the last year' (or less, if you prefer), but generally, you can choose 'Custom Range' at the bottom, as often the last 3 years would be sufficient for a recent search.
The ENTIRE collection of resources provided by the BBC Library can be searched on ONE single, powerful search platform, which retrieves print books, eBooks, database articles and websites. Click HERE for assistance.
Australia and New Zealand Reference Centre
AVAILABLE FROM HOME DURING COVID-19 PERIOD 2020, BUT NORMALLY ONLY ACCESSIBLE FROM SCHOOL. Digital edition of the newspaper is an interactive and searchable replica of the current and archived issues (6 months) of the print edition.
Login: bbclibrary@bbc.qld.edu.au
Password: Toowong1
The Australian: Farm exports hit by drought, natural disasters, offshore competition
ABARES: ABARES assesses impact of floods on agricultural, mining commodities
ABC News: ABARES forecasts four-year low for farm production amid drought and trade wars
IBIS World:Fire, Floods And Drought: Australia’s Agriculture Industries
Look up the Informit database as well.
Dept of Agriculture and Water Resources : Key Facts - Biosecurity
Australian Government: Biosecurity Inspection and Quarantine
ABC News: Biosecurity Outbreaks in Australia - A Short History
Department of Primary Industries and Regional Development: Biosecurity Alert - White Spot in Prawns
Ecos: Battle Against White Spot Disease in Australian Prawns
Department of Agriculture: Fact sheet: Biosecurity policy determination for bananas
ABC News: US-China trade wars a 'serious' threat to Australian economy, expert warns
Australian Financial Review: Australia to 'pay the price' for US-China trade war
Institute of Public Affairs: Nobody Wins in a Global Trade War
Reserve Bank: Spillovers to Australia from the Chinese Economy
Australia Must Play the Peacemaker in the US-China Trade War
Australia Must Act to Avoid the Consequences of the US-China Trade War
​​​​​​​Retrieved from Informit database.
Australian Parliamentary Library: China’s ‘One Belt, One Road’ initiative
Australia-China Relations Institute: Australia and the Belt and Road Initiative
From New Internationalist. Nov/Dec2019, Issue 522, pp. 24-25. Accessed via Points of View Reference Centre database.
Accessed from ANZ Reference Centre database.
Accessed via ANZ Reference Centre database.
Accessed via subscription to Australian Financial Review Online.
By Peter Harcher, in the journal 'Quarterly Essay'
Quarterly Essay. 2019, Issue 76, p1-89. Accessed via Australia / New Zealand Points of View Reference Centre database.
Please note the bias of a site like this.
Department of Foreign Affairs and Trade: Composition of Trade 2018
SBS: Australia's trade explained - Top imports, exports and trading partners
Australian Financial Review: The sectors that will pay the price for Australia poking the panda
ABC News: Australia's fortunes are linked to China's economy — for better or worse
The Conversation: Australia Depends Less on Chinese Trade Than Some Might Think
Commodity.com: Australia Trade: These Are The Top Commodity Imports & Exports
Reserve Bank: Australia's Deepening Economic Relationship with China: Opportunities and Risks
Scanned from 'Australia in the Global Economy' by Tim Dixon and John O'Mahony.
Scanned from the textbook: 'Economics From the Ground Up', by Romeo Salla, Timmee Grinham and Christopher Christies.
Please be aware of possible bias from this newspaper.
Lowy Institute: Budget 2019: the race to the bottom for foreign aid
Australian Financial Review: Why money won't solve the challenges of foreign aid
The Guardian: Foreign aid declines further in Australian budget, with focus on Pacific
ABC News: Asia is 'doing better', so a review is asking why we should keep giving foreign aid
IbisWorld Database: Supermarkets and Grocery Stores in Australia
USDA Foreign Agricultural Service: Australia - Retail Foods Report 2019
Retail World: Spotlight on Australia's Supermarkets and Grocery Industries
RealCommercial: Kaufland is coming: German supermarket giant reveals first three Melbourne sites
The Australian Business Review: Supermarket giants beware: Kaufland is coming
Bowen Consulting: How big data is set to change and impact the grocery industry in Australia
BankWest: Bankwest Future of Business: Focus on Supermarkets 2019 release
Inside Retail Australia: Winds of Change - Is Kaufland a Cause for Concern?
Reserve Bank of Australia: A Balance of Payments August 2019
Sydney Morning Herald: If You Think Surpluses are Always Good, Prepare for Great=News
ABC News Fact Check: Has the Coalition Government doubled net debt?
The Guardian: The Government Needs to Get Into More Debt - Our Grim Economy Depends On It
Scroll down to the section on foreign investment.
Beef Central.com: Foreign ownership of Australian farmland grows
Gizmodo: New Report Shows The World Is Awash With Fossil Fuels. It’s Time To Cut Off Supply
The Conversation: Labor’s reset on climate and jobs is a political mirage
Sydney Morning Herald: Brown coal in sharp decline as power plants close and renewables rise
Nikkei Asian Review: Coal Expected to be Australia's Most Valuable Export in 2018-2019
Accessed from EbscoHost's datatabase 'Research Starter'.
Harvard Business Review: The State of Globalisation in 2019, And What It Means for Strategists
The Economist: Globalisation Has Faltered - It Is Now Being Reshaped
Scanned from the textbook: 'Australia in the Global Economy: Year 12 HSC Economics'. By Tim Dixon and John O'Mahony.
Scanned from the textbook 'Economics from the Ground Up' by Remeo Salla, Timmee Grinham, and Christopher Christies.
Accessed by ANZ Reference Centre database.
Accessed by ANZ Reference Centre database.
Accessed from ANZ Reference Centre database:
Accessed from ANZ Reference Centre database.
ANZ Points of View Australia database: Globalisation Overview
ANZ Points of View Australia database: Point - Globalisation is a Good Thing
This is part of a chapter in a textbook on the Market Economy, by Tim Dixon and John O'Mahony.
Australian Competition and Consumer Commission (ACCC): When and How to Intervene in Markets
Department of Prime Minister and Cabinet: Government Intervention in a Market
AFR: Market intervention not the solution to energy woes: AEMO (Australian Energy Market Operator)
AUSTRADE: FDI (foreign direct investment) inflows to Australia buck global trends
AUSTRADE: 2019 Benchmark Report positions Australia as ideal investment destination
ABS: International Investment Position, Australia: Supplementary Statistics, 2018
Reserve Bank of Australia: Recent Trends in Australian Capital Flows
Scroll down to page 12 in this Economics textbook to read about Australia's Financial Flows
This is a section from one of our excellent Economics textbooks.
Australian Industry Group: Australian Manufacturing in 2019 - Local and Global Opportunities
Thursday, 22 June 2019.
Tuesday, 8 January 2019.
Friday 19 July 2019.
Scroll down to the second table for information on exports.
Scroll down to Table 2: Industry of Exporter to see Manufacturing data.
Retrieved from Australia New Zealand Reference Centre database.
Manufacturer's Monthly: Tackling the challenges of manufacturing in a time of change
Process Technology: Australia's top 100 manufacturing companies revealed
Sydney Morning Herald: How to Finish Off Manufacturing - Become the World's Biggest Gas Exporter
Written before the election, but worth reading for the problems the article exposes.
The Guardian: Tax office may apply 40% tax against multinationals for diverting profits
Retrieved from ANZ Reference Centre database.
From Tuesday 24 September.
From Friday 22 February 2019.
ARNet.com: Home or away? Australian channel weighs up offshoring
The Outsourced Accountant: Understanding Offshoring Benefits, Risks & Challenges
Diversify Offshore Staffing Solutions: Five Reasons Why Companies Offshore their Business
Sydney Morning Herald: Business leader 'fears for future' as policies push manufacturing offshore
Newcastle Herald: Off$hore $iphon - the taxing business of offshoring profits
News.com: Huggies Huggies ends local manufacturing with closure of Sydney factory
Working Mouse: Top 20 Risks Associated With Outsourcing Offshore
From Tuesday 20 August 2019
This is an American article, and only involves IT services, but it may prove useful. Accessed from ANZ Reference Centre database.
New York Times: Why Has Australia Fallen Out of Love With Immigration?
Sydney Morning Herald: Australians do not want any more migrants: ANU poll
Accessed from ANZ Reference Centre database.
Accessed from Gale Expanded Academic database.
Accessed from ANZ Reference Centre database.
Accessed from ANZ Reference Centre database.
Accessed from ANZ Reference Centre.
Accessed from ANZ Reference Centre.
Accessed from ANZ Reference Centre.
Accessed from Ebsco Research Starter database.
Productivity Commission: How should Australia respond to increased global protection?
UNSW Newsroom: How will the US-China trade war affect Australia?
The Australian: Caught in the Crossfire - What do the Trade Wars mean for Australia?
Accessed from Australian Financial Review of April 10 2019.
AUSFTA
DFAT: AUSFTA (Australia-United States Free Trade Agreement)
RCEP (Regional Comprehensive Economic Partnership)
The Economic Times: Why India needs to rethink its decision to opt out of RCEP
TPP (Trans Pacific Partnership)
Possible Australia-United Kingdom Free Trade Agreement Post-Brexit
Investopedia: Definition of Economic Bottleneck
An Assessment of Australia's Future Infrastructure Needs 2019 - Executive Summary
An Assessment of Australia's Future Infrastructure Needs 2019. This is a huge 642-page report.
DFAT: Infrastructure, trade facilitation and international competitiveness
Accessed from ANZ Reference Centre database.
Accessed from ANZ Reference Centre database.
From the Australian newspaper, accessed from ANZ Reference Centre database. Note that this is a 2011 article, but it may still have some relevant information.
General Waste
Department of the Environment and Energy: National Waste Policy Action Plan 2019
Department of the Environment and Energy: Waste Exports
Assemble Papers: Global Garbage - Where Does Our Recycling Go?
The Guardian: One Year On - Where Is Australia's Recycling Going Now?
Inside Waste.com: The State of Waste in Australia - A 2019 Review
The Guardian: Indonesia Sends Rubbish Back and Says Its Too Contaminated to Recycle
Hazardous Waste
Department of the Environment and Energy: Hazardous Waste in Australia 2019
World Health Organisation: Electronic Waste
Victorian Government: What is E-Waste?
Mismanaging Australia's Nuclear Waste - Retrieved from Informit database.
The New Daily: Increased oil supply from the US brings down Q3 petrol prices (November 2019)
Macquarie University: Why do petrol prices fluctuate so much?
Australian Institute of Petroleum: International Market Watch (October 2019)
Accessed from subscription to Australian Financial Review Online
Accessed from Gale in Context: World History database.
Accessed from subscription to Australian Financial Review online.
Accessed from ANZ Reference Centre database.
DFAT - you can access these tabs:
Try these links:
DFAT Fact Sheets for Countries and Regions
DFAT Countries, Economies and Regions
THIS IS AN ESSENTIAL SITE TO VISIT!