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ECON7350: Applied Econometrics for Macroeconomics and Finance

Video Presentation

Due date: 12 June 2023, 3:59pm

Instructions

You are commissioned to provide a short video report—up to 5 minutes—to the Board of the Reserve Bank of Australia (officially, the Reserve Bank Board).  The video should include the following.

1. A summary and analysis of your findings in Research Reports 1 and 2.

2. Policy recommendations for the Board:

(a) based on your forecasts of inflation;

(b) that consider the possible effects of unanticipated cash rate shocks on inflation,

unemployment and real GDP.

Please submit your video presentation using Blackboard by clicking on the “Video Pre- sentation Submission Link” (in the  Assessment / Video Presentation” folder).  The link below shows how to submit your video presentation in Blackboard.

https://web.library.uq.edu.au/library-services/it/learnuq-blackboard-help/kaltura-

media/submit-video-or-audio-assignment-kaltura

The due date is 3:59 PM on 12 June 2023.

Presentation

The sequencing of your video could look like the following.

1. Summary and analysis of findings (about 2 minutes).

2. Recommendations (about 2 minutes).

Your video must not be longer than 5 minutes. You can choose how to present your video. This could be a narration over slides, speaking directly to the camera, or both.  Please see the link below on how to record video assignments using Zoom.

https://web.library.uq.edu.au/library-services/it/learnuq-blackboard-help/learnuq- assessment/recording-video-assignments-zoom

Marking Rubric

 

Excellent (81%-100%)

Good (61%-80%)

Meet Expectations (50%-60%)

Below Expectations to Fail (0%-49%)

Summarise and Analyse

(30 points)

You have clearly identi-  fied and comprehensively analysed the results and implications.

You have identified and appropriately analysed the results and implica- tions.

You have analysed the  relevant results and im- plications.

Better analysis would enhance your discus- sion.

Provide recom-

mendations to

the Board

(30 points)

You have provided in-     sightful, realistic and       convincing policy rec-     ommendations for the     Board to consider. There

is a very clear connection between your results, in- terpretation, and your     recommendations.

You have provided use- ful and relevant pol-     icy recommendations.

There is some connec- tion between your re-  sults, interpretation,    and your recommenda- tions.

You have provided    some potentially use- ful policy recommen- dations for the Board to consider. Most of  recommendations are

useful, but lacking con- nection to the results   and interpretation.

Your recommendations often reflect a discon-   nect with the results    and interpretation. Be- cause of this, it will be difficult for the Board  to use your policy rec- ommendations.

Communication (40 points)

The video presentation    provides a comprehen-    sive summary and is log- ically structured. Main   points are clearly empha- sized, effectively placed   and presented.

The video presenta-      tion is conventionally    structured. Main points are apparent, suitably   placed and presented.

The video presenta-       tion is structured. Main points can be deduced   but are not always ap-  parent. Placement and  presentation of points    do not interfere with     understanding.

The video presentation is loosely structured.   Main points are not     always clear. Place-     ment and presentation of points sometimes     interfere with under-   standing.