The article:
https://www.reuters.com/world/china/chinas-fiscal-revenue-growth-picks-up-2023-2024-02-01/
Write a 750-800 word commentary using this article on the key concept, economic wellbeing.
The commentary must:
· explain the links between the article, the key concept (economic wellbeing) and economic theory from Macroeconomics.
· demonstrate economic insights into the implications of the article (that is, it should discuss events from the point of view of an economist).
The commentary should use relevant, labelled economic diagrams to illustrate wherever necessary.
It must use economic terminology throughout. It must refer to and use the key concept, “economic wellbeing” throughout the commentary.
And, the economic theory should be applied to the article throughout the commentary with effective economic analysis.
Judgements are done on the information provided in the article which are supported.
This is the success criteria:
· Relevant, accurate and correctly labelled diagrams are included, with a full explanation.
· Economic terminology relevant to the article is used approximately throughout the commentary.
· Relevant economic theory is applied to the article throughout the commentary with effective economic analysis.
· A key concept is identified and link to the article is fully explained.
· Judgements are made that are supported by effective and balanced reasoning.
SAMPLE WORK OF MICROECONOMICS attached
