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Oil

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marbs:
I got a sac in a few weeks, about the effect of Oil price rise on the economic objectives.

We need to relate it to a few economic objectives.

What economic objectives do you recommend relating?
How would I go about it? Is there any useful links?

AppleXY:
Oil Prices is directly affects price stability (obviously :P) , possibly efficient resource allocation amd Full employment (could) :)

costargh:
Price stability is the best one to focus on if you had to choose one

This MIGHT be helpful
Watch the videos

http://news.sbs.com.au/insight/

marbs:
Thanks cost and apple.

Price Stability seems an obvious one, and something easy to find info on...

I'm also considering full employment and eco growth

AppleXY:
Lowered economic growth and lowered price stability are the main two direct effects of higher crude oil prices.


It indirectly affects Full Employment and efficient resource allocation (minimises efficiency, less output, resources are not used to their maximum due to inflated crude oil prices).

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