The American Dream In The Great Gatsby Analysis - 758 Words

The American dream is a idea that anyone can reach prosperity and success by determination and hard work. Everyone has equal opportunity to achieve this dream. This may not be the case in this tragic love story, The novel The Great Gatsby by Fitzgerald. By corruption, unfaithfulness, and entitlement we see a different view of the American Dream. Through the characters and plot in the novel, The Great Gatsby, Fitzgerald suggests the pessimistic view that the American Dream of social mobility is a modern fallacy. In the first place, Gatsby’s unrealistic American Dream signifies the longing and the ugliness of the American dream. His determination to be rich and be with Daisy is unachievable. A literary device that Fitzgerald uses in the†¦show more content†¦Gatsby says â€Å"Her voice is full of money.† A literary device that Fitzgerald uses here is Personification. Daisy’s voice is compared to money. Money is something that people want and long for. Just like Gatsby wants and longs for Daisy. Even Daisy hopes her daughter would be a â€Å"beautiful fool,† She hopes her daughter will be seen for her beauty rather than her brains. This shows how the America dream is not only being obsess with money but also with looks. Daisy is willing to jeopardize her happiness for the upper social class. Daisy tells Nick, â€Å"I’m glad it’s a girl. And I hope she’ll be a fool-that’s the best thing a girl can be in this world, a beautiful little fool.† Fitzgerald portrays this time the 1920’s with empty quest of pleasure. In addition, Daisy and Tom’s capability to escape consequences of Myrtles death symbolize the narcissistic and power of the wealthy social class. The American dream that Daisy and Tom are living has corrupt them. After Daisy marries Tom they lived in Santa Barbara. Tom gets in a car crash with other woman, his mistress. They leave Chicago because he cheats and Tom is back to his old ways. Daisy and Tom run away when things get bad. They don’t have many values and their money allows them to move on and start over. As Fitzgerald has clearly shows that people with money don’t take responsibility for their actions. This suggest that because they are rich they have a different set of rules then anyone else. Identically, Tom andShow MoreRelatedThe American Dream In The Great Gatsby Analysis1497 Words   |  6 PagesFitzgerald’s novel, the Great Gatsby is one of the most meticulously written story of all time. This book incorporates different themes, yet the shadiness of the American Dream is the most significant one. The American Dream designates that one starting very low on their economic or social status and getting success and wealth trough their arduous work. Having a big house, a nice car and a happy family show the success of the American Dream. This dream is also shown by the concept of a self-madeRead MoreThe American Dream In T he Great Gatsby Analysis749 Words   |  3 PagesThe Great Fantasy Idealism is the paramount theme in â€Å"The Great Gatsby.† Each of the characters have a craving for self-definition and a high position in society. The story is shaped by the ideals each of these characters hold. These ideals allude to the American Dream, along with the superficiality and corruption associated with it. Fitzgerald uses Jay Gatsby as a medium to portray hopeless romanticism, fantasy fueled ambition, and failure to achieve self-contentment. Gatsby is characterizedRead MoreThe American Dream In The Great Gatsby Analysis1744 Words   |  7 Pagesthe American Dream From a distance, the American dream is a hopeful one- that anyone, regardless of race, class, or gender, can become successful and wealthy if they possess ambition and the ability to work hard. However, when scrutinized, this rosy view clearly shows ignorance towards societal issues such as misogyny, racism, and income inequality and instead focuses on the notion of having an extravagant home, fancy cars, and a happy family- all of which symbolize the great American dream. FitzgeraldRead MoreAnalysis Of The American Dream In The Great Gatsby1142 Words   |  5 PagesThe American Dream is one of the most prevalent themes in The Great Gatsby. It is essentially the belief that, regardless of social class, anyone can become wealthy and famous. In the novel, Jay Gatsby attempts to reunify with Daisy Buchanan by achieving great wealth, but he fails and dies having been unsuccessful in his mission. Though it may appear to some that Gatsby, the main character of the novel, has achieved the American Dream, it turns out to be a massive illusion. When, following Gatsby’sRead MoreThe American Dream In The Great Gatsby Analysis906 Words   |  4 PagesTorres Mrs. Heffelman English 11 September 26, 2017 The American Dream can mean a lot of different things depending on who is asked. Some will answer that it is the freedom of religion or the ability to move between class. Others define it as the ideal that every US citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative. For Jay Gatsby and many others, the American Dream is about gaining wealth and material possessions in the attemptRead MoreThe American Dream In The Great Gatsby Analysis1367 Words   |  6 Pagesidea of the American Dream, where qualities of hard work and ambition are shown. The novel The Great Gatsby by Scott Fitzgerald embodies many themes; however the most significant one relates to the corruption of the American dream. The American Dream is defined as someone starting low on the economic or social level, and working hard towards prosperity and or wealth and fame. By having money, a car, a big house, nice clothes and a happy family symbolize s the American dream. This dream also representsRead MoreThe American Dream In The Great Gatsby Analysis1428 Words   |  6 PagesThe Great Gatsby by F. Scott Fitzgerald contains many themes; however, the most noteworthy one identifies the American dream. This Dream likewise speaks to that people, regardless of who he or she is, can emerge to rich in life through their own works. The dream is spoken to with the aid of the mind of an unbiased man or woman, who strives to perform an objective to become tremendously effective. The Great Gatsby is a novel that indicates what happened to the American Dream in the 1920s, which wasRead MoreThe American Dream In The Great Gatsby Analysis903 Words   |  4 PagesThe American Dream: A Fruitless Endeavour The 1920’s, famously known as the Jazz Age, was a major turning point in America’s soaring economy. However, as a result, amassing wealth in exorbitant amounts and throwing extravagant parties became socially acceptable and the conservatism and the old-fashioned values of the 19th century were left behind. The roaring twenties also coincided with the prohibition period which saw bootleggers make millions off the sale of contraband and brought life to undergroundRead MoreThe Great Gatsby American Dream Analysis761 Words   |  4 Pagesobtained. In The Great Gatsby, F. Scott Fitzgerald suggest that the American Dream is an illusory, the people who pursue it are Gatsby, Daisy, Tom, and Myrtle, and this pursuit is ultimately unattainable. In the roaring twenties known as the Jazz Age, many people wanted to become rich, most people were bootleggers and Wall Street stock brokers. Alcohol was illegal and the Wall Street stocks were higher than ever before. The Great Gatsby is an extended critique of the American Dream. And this critiqueRead MoreThe Great Gatsby And The American Dream Analysis1086 Words   |  5 Pagesâ€Å"The American Dream is that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.† This quote by James Adams shows the concepts of a dream that is linked to hard work and opportunity. In Scott Fitzgerald’s The Great Gatsby and Ridley Scott’s American Gangster, Gatsby and Frank portrays the theme of the destructive nature of dreams. The Great Gatsby follows the story of a charming yet mysterious man named Gatsby

Sigmund Freud, The Father of Psychoanalysis - 939 Words

The father of psychoanalysis. Formerly known as a boy born to a poor wool merchant. Sigmund Freud was born to parents Jakob and Amalia, who at the time had not a single penny to their name. Freud graduated from high school with honors, and was fluent in many languages. At age 17 he attended the University of Vienna, with interests in law. However, he joined the university medical faculty, where he studied physiology, philosophy, and zoology. In 1881 he graduated with an MD. One year later he joined Vienna General Hospital where he got started in his medical career. In 1884 he published a paper on the palliative effects of cocaine, which had been led into courtesy of his work in cerebral anatomy. This also led to his first book On the Aphasias: A Critical Study, which stemmed from his work on aphasia. While at the hospital, Freud had the opportunity to work for Theodor Meynert’s psychiatric clinic, as well as a locum at the asylum, which increased his interest in clinical work. During this three year period he published substantial amounts of research which opened up the opportunity to become a University lecturer in neuropathology. Freud entered private practice specializing in nervous disorders after resigning from the hospital in 1886. He became married to Martha Bernays the same year, and they had six children together, all born between 1887 and 1895. Freud visited Paris to study with Jean-Martin Charcot in October of 1885. Charcot was conducting scientific researchShow MoreRelatedSigmund Freud : The Father Of Psychoanalysis1615 Words   |  7 PagesSigmund Freud One very famous, significant leader who left a famous legacy was Sigmund Freud who helped thousands of people with mental illness with his psychoanalysis theories, by talking and being straight forward into the point on how a person can overcome their illness, he once said, â€Å"If you want to live a life be prepared for death† . Sigmund Freud was born on May 6, 1886 in Germany and died on September 23, 1939 and was an Austrian neurologist. During the years he was working he became famousRead MoreSigmund Freud : The Father Of Psychoanalysis1420 Words   |  6 Pages Sigmund Freud is an Austrian neurologist who is credited as the father of psychoanalysis. He became a doctor of medicine at the University of Vienna in 1881. He was the one to create psychoanalysis, which is a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst. While creating this, he developed therapeutic techniques, like the use of free association. Overall, Sig mund Freud is possibly the most influential person in psychology history. Sigmund FreudRead MoreEssay on Sigmund Freud: The Father of Psychoanalysis1580 Words   |  7 Pages Sigmund Freud, also known as the father of psychoanalysis, was born May 6th of 1856 in Freiberg, Moravia. A few years later he moved to Vienna, Austria and years after to England. Sigmund Freud was known for connecting psychological issues with sexual issues. Freud demonstrated a broad perspective on things involving dreams, religion, and cultural artifacts. He focused on different states of the mind, such as unconsciousness. Freud relied on a local sexual repression issue to create theoriesRead MoreLiterature Review. Sigmund Freud, The Father Of Psychoanalysis,1497 Words   |  6 PagesLiterature Review Sigmund Freud, the father of psychoanalysis, was a physiologist, medical doctor, psychologist, and influential thinker of the early twentieth century (Thornton, 2011). Freud is one of the commonly known superstars in the field of psychology, quickly becoming famous for his study of the unconscious. Freudian Psychology is a form of analysis that is derived from the work of Mr. Freud, largely focusing on his most profound concept, psychoanalysis. Psychoanalysis is an approach to personalityRead MoreSigmund Freud s Theory Of Psychology1283 Words   |  6 PagesSigmund Freud (1856-1939), is a pioneer in the field of psychology in various ways. His dedication to his field helped shape the minds of many nineteen-century contemporary schools of thought. Most notably, Freud’s work in psychoanalytic theory, according to Tan (2011) earned him the title of, â€Å"father of psychoanalysis† (p. 322). Moreover, Tan Taykeyesu (2011) report that Freud’s genius is not just in psychoanalysis, but also when we â€Å"think Oedipus complex, infantile sexuality, and repression†Read MoreSigmund Freud Essay1721 Words   |  7 Pagesâ€Å"Man is a wolf to man.† These are the words that surprised millions when Freud first opened the discussion of human nature (Freud). Sigmund Freud, born in 1856 and died in 1939, was known to be the father of psychoanalysis (Jones). He lived his whole life trying to reach into the human unconsciousness and unravel the puzzle of life, human personality, and human nature (Chiriac). Sigmund Freud was influenced by the environment post World War I, and influenced the world through his theories and hisRead MoreAnna Freud1216 Words   |  5 PagesANNA FREUD Anna Freud Anna Freud Selecting a woman that made significant contributions to the field of psychology between the years 1850 and 1950 is not an easy task as there is more than one woman who made significant contributions to the field of Psychology. Out of those talented women Anna Freud, overshadows her colleagues. Anna can be considered to have a fascinating background, which influenced her later development of unique theoretical perspectives. Her father, Sigmund Freud famousRead MoreSigmund Freud s Theory Of Psychology1568 Words   |  7 Pages Freud Sigmund Yifan Wang Current issues in history Vanier College 2014-11-11 Freud Sigmund In the 19th century, people progressed toward a new era of scientific revolution with new inventions and technologies. Doctors find treatment to heal cancer and people lives longer than before. On the other hand, Freud Sigmund the Jewish psychiatrist offered a new cure to mental illness that individual suffers from (The European Graduate School, 2012). Although he may have the most of influenceRead MoreEssay on The Comparison of Sigmund Freud and B.F. Skinner892 Words   |  4 PagesThe Comparison of Sigmund Freud and B.F. Skinner One name that jumps out at the mention of psychology, or the study there of, is the name of Sigmund Freud. Sigmund Freud is also known as the â€Å"Father of Psychoanalysis.† Freud was also known for having the tendency to trace nearly all psychological problems back to sexual issues. Although only parts of his theory of psychosexual development are still accepted by mainstream psychologists, Freuds theory of the Oedipal Complex has become a culturalRead MoreAnna Freuds Role in the History of Psychology1527 Words   |  7 PagesAnna Freud, born in 1895, was the daughter of Sigmund Freud, the well-known founder of psychology and the psychoanalytic theory. Anna Freud’s work with her father and his friends and associates as well as her own personal studies, curiosities, and analyses lead her to cofound psychoanalytic child psychology. An appealing woman who did not have much of a formal education, Anna Freud, had an extensive background in psychology, an interesting th eoretical perspective, and many contributions to the

Bullying and Its Effects on Individual’s Education Free Essays

The purpose of the research in this work is to answer the question, â€Å"Does bullying effect an individual’s education? First bullying will be defined in the perimeter of the educational environment. The author of this work takes the stance that bullying does most positively affect an individual in terms of their quality of education and in fact does continue to affect the individual who receives and even the one who perpetrates the bullying behavior. Inclusive in the research will be the stated ‘signs’ of bullying behavior taking place, preventative measures that are stated to be effective, types of bullying behavior, and common myths surrounding those who are bullies. We will write a custom essay sample on Bullying and Its Effects on Individual’s Education or any similar topic only for you Order Now Some important facts about violence in schools are stated to be that first, that 1/3 of all injury death that occurs in the United States are due to intentional school violence. Interestingly, as violence has risen quite sharply in society it has also rise in schools and in areas surrounding and related to school. During the school years from September 1992 through May 2000 the National School Safety Center in their Report on School Associated Violence† (Education World, nd) Unhealthy relationships in the family and school personnel’s’ exposure to ‘violent television, films as well as games containing some of the elements that seem to contribute to violence in-school behavior. Bullying can take place both directly and indirectly. Bullying is defined as the repeated exposure to negative actions on the part of a student or even on the part of a group of students toward another individual. Stated as being inclusive in this behavior are the factors of aggressive behavior, intentional harm doing, it is done on a repetitious basis and occurs in a relationship on an interpersonal level â€Å"characterized by an imbalance of power.† (Colorado.edu Website, nd) The definition proposed by Tattum and Tattum (1992) states that â€Å"Bullying is the willful, conscious desire to hurt another and put him/her under stress? Therefore, the individual that desires to hurt another individual is a bully. But, those who are not in actuality bullies are those that think better of committing such actions. Bullying may be physical or it may occur on a psychological level. It is suggested by Olweus that an â€Å"imbalance of power† exists when bullying occurs and in fact contributes to the occurrence. As stated bullying behavior may be ‘direct’ bullying or ‘indirect’ bullying. Direct bullying is an open attack on the individual. Inclusive are physical attacks such as hitting, kicking, pushing, and choking. Attacking someone verbally or through harassment such as calling of names, threatening behavior, taunting behavior, teasing in a cruel and malicious manner, spreading rumors and slandering are all inclusive. Indirect bullying is often difficult to detect much more so than direct bullying. Indirect bullying is characterized by social isolation and social exclusion on an intentional basis, making faces and obscene gestures as well as manipulation of friendships and relationships. III. Common Myths Surrounding Bullying Myth 1: Insecurity and low self-esteem is suffered by bullies and they in turn pick on others towards the end of making themselves feel more secure. Fact: Self-esteem among bullies are average to above-average however they do have temperaments that are aggressive as well as a ‘lack of empathy and poor parenting.’ (Starr, 2000) Myth 2: Bullies are looking for attention however; ignoring the bully will stop the behavior. Fact: control is what the bully seeks and they tend to cease their bullying when ignored however if adults do not address the issue of bullying the bully generally is propelled toward another level of bullying. Myth 3: Boys will act like boys. However bullies general remain bullies and eventually get involved in a life of crime. Fact: Of all those finishing middle school that are bullies sixty percent will have committed at least one crime by the age of 24. Fact: Outgrowing bullying does not actually occur but it is redirected by the individual doing the bullying. 60 percent of bullies will have committed a crime by the age of 24. Myth 5: Standing up for themselves is something that needs to be learned by victims of bullies. Fact: Bullies generally pick those who are younger or weaker to bully and those who don’t have the skills on a social level for the development of friendships that are important and are unable to effectively deal with social situations on their own. Fact: Victims are generally chosen to be bullied due to their being â€Å"sensitive, anxious, and not likely or unable to retaliate, not due to differences on a physical level. (Starr, 2000) Myth 6: The environment in large classrooms and large schools are conducive to bullying. Fact: There has been no established link between the size of the educational facility and instances of bullying. In fact there is some research that contains findings that there is less and not more bullying in larger schools. Myth 7: The largest part of bullying occurs somewhere other than school grounds. Fact: Most bullying occurs on school grounds. Myth 8: Only a small number of students are affected by bullying. Fact: In the U.S. 25% of students are victims of bullying and 20% are bullies. It has been estimated by the National Association of School Psychologists that 160,000 children don’t attend school each and every day to avoid being bullied. Myth 9: If bullying is a problem in the classroom the teacher is aware of it. Fact: Reports by the victims of bullying instances are done only reluctantly out of fear of being retaliated against, due to embarrassment and because most bullies tend to justify their behavior. Myth 10: Sticks and stones will break your bones but names will never hurt you is an adage that should be followed by victims of bullying. Fact: Problems that affect students for life are low self-esteem and depression as well as suicide and mental health issues. IV. Preventative Measures in Counteracting Bullying in School Four basic principles for prevention of bullying and victim problems are stated as follows: â€Å"Awareness and warm, positive involvement of adults inclusive of teachers, principals, school counselors, and parents.† (Safe Schools Fact Sheet, Colorado.edu) Set and stick to firm limits as to what behavior is unacceptable firmly stating that bullying is not allowed or acceptable in the school. Consistent application of â€Å"non-hostile, nonphysical negative consequences for rule violation and unacceptable behavior; and â€Å"Encourage adults to act as authorities and position role models in students’ academic learning and social relationships in school.† (Safe Schools Fact Sheet, Colorado.edu) The Results and Outcomes of Bullying Behavior and Victims It is clearly without question that the victims of bullies have lifelong problems and issues that result from being bullied. Stated long-term effects on victims are that depression exists as well as low self-esteem. Clinical implications are stated to be a â€Å"risk factor for poor psychological health† (Rigby, 2003). The risk is stated to be greater if the â€Å"bullying is severe and prolonged and if the victim lacks adequate social support.† (Rigby, 2003) Further stated by Rigby (2003) is that â€Å"Various strategies or treatments may be considered to reduce the changes of a child’ further involvement in bullying that may worsen the condition. These include assisting victimized children to develop self-protective assertiveness skills and working therapeutically with bullying children to establish a greater awareness of the consequence of their antisocial behavior.† Other findings are that victims of bullying behavior have higher rates of absenteeism than those who do not experience bullying at school. Long-term adjustment is also affected by being bullied at school as well as the victim of bullies developing an aversion to the environment of school. (Rigby, 2003) In Factsheet Number 18 entitled, â€Å"The Emotional Cost of Bullying† it is stated that bullying can affect the physical and mental health of a child in a serious way. Children who are bullied â€Å"lack confidence, feel bad about themselves, have few friends and spend playtime alone. They may find it hard to face going to school and difficult to concentrate on their work. They may complain of various physical symptoms as a result of their upset. They may worry and try to avoid going to school. Others become very anxious, find it hard to sleep and may feel depressed, or even suicidal. These problems can carry on long after the bullying has stopped.† (Factsheet #18, Mental Health Growing Up)A large-scale study conducted in England and Wales found that children who suffer from being bullied are more likely to wet the bed and to not sleep well along with feeling irritable, nervous, and panicky after being bullied. Recurring memories of the incidences were stated by 32% of victims in the study and 29% of the victims found concentrating hard for them to do Interestingly the bullies also have long-term effects as well. Stated is that students who bully are also likely to engage in antisocial and delinquent behaviors such as vandalism, shoplifting, drug use, and truancy. This is particularly true of boys that bully. Bullies are also more likely (4 times more likely) to be convicted of crimes by the age of 24. Finally physical bullying is considered to be a risk factor on a moderate level for serious violence acts between the ages of 15 to age 25. 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Dissecting Models Forecasting Performance †MyAssignmenthelp.com

Question: Discuss about the Dissecting Models Forecasting Performance. Answer: Introduction The objective of this study is to analyze economic growth of Australia in the last 3 to 5 years. Australian economy is considered as most developed and biggest mixed market nations around the globe. This nation is the second wealthiest economy as measured by wealth per persons. The total wealth of Australia in the year 2016 resulted to AUD $8.9 trillion and hence it was 14th biggest economy in terms of nominal GDP[1]. In addition, this nation ranked 20th as accounted by PPP adjusted GDP and was ranked 25th and 20th in terms of exporter and importer. Over the last 3 to 5 years, Australia record for uninterrupted GDP growth after the recessionary phase. This economy is mainly controlled by the service sector that contributes to 61.1% of real GDP and employs 79.2% of workforce in the nation. This country has the highest natural resources value that values at US $19.9 trillion in the last year. Despite huge decrease in growth of mining sector during recessionary phase, this nation remain s resilient as well as stable over the recent decades. The Australian Securities Exchange in the nation is 16th biggest stock exchange as accounted by domestic market capitalization and has largest market for interest rate derivatives in Asia[2]. This nation has a vivacious free- market democracy that records to huge economic growth unmarred by the recessionary phase for the last 3-5 years. Therefore, economic growth of this nation has been analyzed with the help of macroeconomic indicators that includes GDP growth rate, unemployment rate, rate of inflation and balance of trade. Economic growth of Australia in the last 3 to 5 years Australia has been considered as one of the wealthiest country in Asia Pacific and enjoys huge economic expansion over the last 3 to 5 years. This nation is highly competitive in technology, service and manufacturing sector as compared to other nations. In addition, mining as well as agriculture industry are considered as vital export source and has a huge contribution in the overall income of the country. Australia encourages foreign competition and hence prolongs to be vigorous investment destination. Recent statistics reflects that though the government debt of this nation has been increasing since financial crisis, it records to lower amount as compared to other developed nations. The political environment of Australia is stable as the nation has transparent political processes, sturdy legal system and proficient governance. Moreover, the nation has effective measures of anti-corruption and hence judicial system operates impartially. Furthermore, the regulatory environment in Au stralia is the most efficient as well as transparent and is favorable to the entrepreneurship. This nations labor market is highly flexible and this contributes to increase in employment. Moreover, this economy has recovered from slowdown owing to global recession and has grown with positive trend rate over the last 3- 5 years. Although the different industries in Australia contribute to the growth of the economy, they have sizeable differences in their business performance. Recent study reflects that mining and financial sector output grew at faster rate as compared to manufacturing industries output at an average rate. The economic condition of Australia is analyzed by using macroeconomic indicator given below: GDP growth rate- Gross domestic product (GDP) refers to the monetary measurement of the value of products and services that is manufactured within the country during a given time period. This macroeconomic indicator aids in accurately indicating the size of the Australian economy and hence GDP growth rate is taken as best macroeconomic indicator of determining economic growth. GDP of the nation fluctuates owing to business cycle. If the economy expands and GDP rises, inflationary pressures rise in rapid way because of full utilization of labor and resources. It has been opined by (), GDP is estimated by the summation of consumer spending, government purchases, investment and net exports. Over the last 3 to 5 years, Australias annual GDP growth rate has shown huge variation due to changes in consumer expenditure, business investment, government spending and exports. During the last 5 years, the GDP of Australia expanded owing to rise in expenditure of the Australian government. Consum er expenses were considerably restrained though confidence of consumer was high. Furthermore, the households of this nation became highly vigilant in their financial behavior, less borrowing and huge savings. In the last few years, the savings rate of household had increased by near about 4%. In addition, investment in the housing sector also increased at modest speed despite ageing population growth. The reason behind considerably high housing cost, rigidities in supply process of housing and developers difficulties in attaining finance. Business investment also increased at high levels during this period. It has been from the recent statistics that the investment of this nation declined during the global financial crisis but has recovered after the recessionary phase. As a result, the business expanded at high pace due to increase in productivity of good owing to huge investment. Investment in mining industries contributes to about one three-fourth percent of the nations GDP at present period and over the last 5 years it had reached to 3% of countrys GDP. Moreover, the exports also increased at higher pace in the mining capacity. Higher price of exports has moved the balance of trade into surplus and this resulted to unusual economic condition in this nation. Although the GDP of this nation increased at faster rate, few states including Queensland lagged with considerably weak growth rate in sales as well as consumption in retail sector[3]. However, Queensland experienced low growth in demand for products while othe r nations demand grew at high rate in the past five years. This state also suffered from overhang in the market of property after the exuberance period. Currency exchange rate also influenced GDP growth rate of Australia. Swings in prices of coal as well as iron had vital impact on the economy of Australia as accounted by export revenues as well as real incomes. Ageing population growth contributes to growth in Australian economy that was reflected by 0.4% in GDP per capita. The figure reflects that during the period 2012-2016, the annual GDP growth rate in this nation has shown slight variation[4]. The figure below reflects the GDP growth rate in the year 2014 and 20105 recorded slight low growth rate in comparison with other year. Unemployment rate- The rate of unemployment refers to the workforce share that becomes jobless with respect to total population and is expressed in percentage. It has been considered as lagging indicator that increases or decreases in variable economic conditions. The unemployment rate increases if the economy health of the country is in bad phase[5]. In addition, if the growth rate of the economy rises at healthy rate, jobs becomes considerably plentiful and this increase the employment rate of the nation. The Okuns law state that unemployment rate of a particular nation is negatively related with GDP of the nation. This means that if the rate of unemployment rises above the target level that is 5%, then the GDP of the nation falls at high rate. This adversely affects the economic health of the nation[6]. The above graph reflects that the unemployment rate of Australia has remained stable over the years but it remained above the target level of 5%. In the year 2015, the rate of unemployment increased to 6.3% as full time jobs in the nation decreased at faster rate. But in the current year, the unemployment rate fell to 5.7% owing to rise in part-time work in this nation. There are few reasons that increased the unemployment rate in this nation that includes Decline in expenditure of public during the recessionary phase shifted the workers of the Australia to other nations and thus ending up high unemployment. Implementation of new technology by the companies led to increase in jobless rate as the laborers quit jobs as they faced difficulties in adopting with the technology. Another reason of unemployment in Australia is the shutdown of industry. This had made numerous Australians jobless during this period[7]. For example in South Australia huge people were jobless as insufficient industry was unable to absorb these jobless workers. However, it has been noted that the federal government of Australia could not prepare advanced planning methods to make transition of workforce into other job. Offshoring is another vital cause of unemployment in this nation. It increased during the years as other nations offered incentives on tax to other countries in order to shift the factories there. However, the workers of Australia have adapted to this as many manufacturing sector adopted this practice for increasing their productivity. Therefore, the government of Australia must plan proper policies in order to reduce unemployment rate in the nation. Since 2011, the rise in unemployment had been concentrated mostly among male laborers who accounts to high employment percentage in mining as well as other cyclical sectors[8]. One type of unemployment that mainly arises in Australia is frictional unemployment. This occurs when one laborer leaves one job and searches for another job for more than four weeks. Furthermore, structural unemployment also occurs owing to sustained weakness in demand for labour. Inflation rate- Inflation rate refers to the rate at which the price level of products as well as services increases considerably in a nation over a specific time period[9]. As the price level rises for the products, each currency unit purchases less commodities and this outcomes in decrease in purchasing power in terms of each currency unit. One index that helps the economy in measuring inflation rate is Consumer price index (CPI). Australia usually measures their inflation rate with the help of consumer price index. Inflation influences the nation both positively and negatively. The adverse impact of inflation includes rise in opportunity cost, uncertainty in rate of inflation that might discourage investment as well as savings. On the other hand, the positive effects involve declining real burden of people as well as private debt by maintaining nominal rate of interest above zero. This facilitates the central bank of the nation in adjusting interest rate for stabilizing the econom y by reducing unemployment rate owing to nominal wage inflexibility. Economist believes that hyperinflation generally occurs due to excessive growth in supply of money within the country[10]. Low rate of inflation attributes to variation in real demand for commodities or availabilities of supply of goods during scarce situations[11]. Thus, the government of respective nations implements contractionary monetary policy by changing their interest rates with the help of open market operations and reserve requirements of banking. One of the main aim of Australian government is keep the inflation rate low. The RBA sets the target of inflation rate in Australia by 2-3%. Therefore, higher inflation rate above this target level disrupts equity in income distribution, undermines trade competitiveness and living standards of people in Australia[12]. In addition, lower inflation rate below this set target level highlights that the productive capacity of this nation has been wasted. The average rate of inflation in this nation had been stable over the past few years and records to 3%. The graph below denotes that the rate of inflation of Australia had been lower in the year 2012 and 2013, which reflects that it is below the target level of inflation rate[13]. The Australian Bureau of Statistics (ABS) highlights that inflation rate had increased during these two years due to rise in prices of housing, tobacco and medical services. The two factors that influence the inflation rate of this country are given below: Increase in demand-side condition that might lead to demand inflation Low supply-side developments leading to cost inflation Australia had experienced demand inflation over the last 3 to 5 years. As the circular flow model of Australian economy is five sectors, the demand-side factors resulted in increase in aggregate demand causing demand inflation[14]. As a result, consumer confidence increased that led the Australians to decrease their savings and increase their expenditure. In addition, the business confidence also became stronger and as a result, the companys benefitted in increasing their sales and attaining higher profit.[15] Moreover, it also resulted to rapid increase in Australians household income and enhanced private consumption expenditure. The RBA lowered the interest rate for encouraging the entrepreneurs and households borrowings. Furthermore, as the inflation rate in this nation remained stable, it had no adverse effect on the business. Adoption of policies by the Australian government aids to maintain inflation in the nation. Australian government uses aggregate demand policies for slowing demand inflation during the last 5 years. They increased their interest rate to meet excess spending as well as remove products commodities shortages and reduce demand inflation in the country[16]. In addition, Australian government adopts aggregate supply policies for producing huge output from less input. Therefore, they tried to reduce tariff protection in order to decrease production cost. In addition, as the Australian market has oligopoly and monopoly market structures, competing policies tried to reduce production cost and increase efficiency among the firms[17]. They also adopted tax reform policies for decreasing tax rates in order to decrease business cost. Moreover, immigration has been encouraged over the last few years and this facilitates to ease shortaghe of laborer.Overall, it has been noted that Australian govern ment had adopted proper monetary policy in order to maintain inflation arte in the country and this led to rise of economic growth of the country. Balance of trade- the Balance of trade (BOT) refers to the subtraction between exports and imports of the nation during specific period[18]. It has been noted that, if export value is higher than import value, then it is termed as trade surplus. On the other hand, if the import value is greater than export value of goods , then it is called as trade deficit. BOT has been considered as the key component of nations GDP and thus, deficit in trade reduces GDP and trade surplus increases GDP[19]. Trade deficit increases high debts of the nation or inflation from the nations central bank in order to maintain the levels of domestic currency. Recent statistics reflects that trade surplus exists in this nation as this helps the country to improve their economic growth. It has been noted that most of the industries has huge export value as compared to import value. For example, this nation top five industry that contributes in huge export are- Iron ore , natural gas, beverages etc. On the othe r hand, top five industries that has high import value are- tourism, vehicles, refined petroleum and freight services[20]. Therefore, trade plays a vital role in economic growth of the nation. Trade improved the GDP growth rate of Australia in the last 3 to 5 years. It accounted for 21 %of GDP and this means that the commodities manufactured in this nation are mainly traded in international countries. Thus, BOT has huge significance in Australia[21]. These includes- It helps the nation in clarifying its rank in foreign exchange It also helps the nation in revealing the nature, features and size of this country It facilitates the business in evaluating the economic conditions of the country It also highlights the competitiveness in international markets within the nation[22]. Conclusion From the above study, it can be concluded that Australia has shown good economic growth performance over the last 3 to 5 years. The macroeconomic indicators reflects that the country has maintained stable economic growth rate even though there was huge growth variation across various industries existing in the nation. This benefits of economic growth had spread widely among the states and across distribution of peoples income. Australian government also plays vital role in improving economic conditions of the country. The policies adopted by the government helps the Australian economy to recover from recessionary phase. Even the change in tax structure contributed to expansion of business in this nation. Contractionary monetary policy adopted by RBA also helped the economy in maintaining stable inflation in the nation. At present, the country is now operating to high capacity and this improves the nations productivity and sustains economic growth. 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