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ECON1021E ASSESSMENT ACTIVITY G –Commentary 2 Economics
ECON1021E ASSESSMENT ACTIVITY G –Commentary 2
Economics
Student Surname:
Student Given Name: Student ID:
Teachers Name: Cameron McLeod Due Date: 15th April 2016
| Performance Criteria | Above Satisfactory | Satisfactory | Not Satisfactory | Marks | |||||||
| Summary ofArticles | Main ideas of the article are clearly identified and outlined. | Main ideas of the article are clearly identified and outlined. | The chosen article does not identify and/or relate to major policy issues for the Australian economy. | ||||||||
| The student has made connections between the article and a major policy issue/s for the Australian economy. | The student has been able to make some connections between the article and a major policy issue/s for the Australian economy. | The student has not been able to make logical connections between the article and a major policy issue/s for the Australian economy. | |||||||||
| 2½-3 marks | 1-2 marks | 0 –½ mark | |||||||||
| Impact on AustralianEconomy | The student has made connections between the article and a major policy issue/s for the Australian economy. | The student has been able to make some connections between the article and a major policy issue/s for the Australian economy. | The student has not been able to make logical connections between the article and a major policy issue/s for the Australian economy. | ||||||||
| 1½ -2 marks | ½ mark | 0-½ mark | |||||||||
| Entire Commentary
Linkage |
The student has clearly linked the research to key macro-economic concepts and policies.Links are logical and demonstrate an understanding of the interrelationships within the economy.
|
The commentary links a minimum of two (2) articles by in text referencing to related economic concepts. Links are logical and demonstrate an understanding of the economic concepts. | The commentary links a maximum of one (1) article by in text referencing to related economic concepts. Links may be confusing and fail to demonstrate an understanding of the economic concepts. | ||||||||
| 1½-2 marks | 1 mark | 0- ½ marks | |||||||||
| References
Synthesis:
Prediction &/OR Conclusion |
The commentary has more than four (4) intext references, which have been used correctly | The commentary has a minimum of four (4) intext references, which have been used correctly. | The commentary has a maximum of three (3) in text references. Intext references are not always used appropriately to support the argument being presented. More than 1 major systematic formatting error is identified. | ||||||||
| The reference list contains more than four (4) references formatted correctly. | The reference list contains a minimum of four (4) references formatted correctly. | The reference list contains a maximum of three (3) references. Some references are from non-academic sources. More than 1 major systematic formatting error is identified. | |||||||||
| 1 mark | ½ mark | 0 marks | |||||||||
| A prediction of economic consequences due to a sector decision/s has been attempted. The prediction is based on established economic knowledge. | A prediction of economic consequences due to a sector decision/s has been attempted. The prediction is based on established economic knowledge. Some inconsistencies or minor inaccuracies are permissible. | A prediction of economic consequences due to a sector decision/s has not been attempted. If a prediction has been attempted, then it is not based on established economic knowledge or contains significant inconsistencies and inaccuracies. | |||||||||
| The student has been able to use evidence from the sources to draw a conclusion relating to at least one sector/s decision. Arguments are logical well supported at times. | The student has been able to use some evidence from the sources to draw a conclusion relating to at least one (1) sector/s decision. Arguments are for the most part logical but may lack clarity or are not well supported at times. However, the overall findings can still be understood. | The student has not been able to use evidence from the sources to draw a conclusion relating to at least one sector/s decision. Any arguments presented lacks logic and clarity. No clear statement of an overall finding is provided. | |||||||||
| 1½ -2 marks | 1 mark | 0-½ mark | |||||||||
Teachers Comments: Total /10
Teachers Signature:
Date:
Economics Commentary Two
Trimester Two, 2016
Weighting: 10 %
Due: 15th April 2016
Length: 250-500 words
*****Attach an A4 copy of the news articles to the commentary.*****
Find 2 articles from published news media [eg. newspaper, magazine or internet] on an economic issue of your choice. The issue must be relevant to the Australian economy.
Criteria on which this assessment will be marked are:
- A brief summary of the main ideas contained in the articles. [1 paragraph only]
- A discussion of three economic impacts/policies raised in the articles.
- The provision of relevant in-text citations and a list of references.
You may explain in detail the effect of the economic event on specific economic objectives. You may consider one or more of the following:
- Economic Growth
- Full Employment
- Price Stability
- External Stability
- Impact on the sectors of the circular flow diagram.
- Impact on components of aggregate demand.
Suggestions for topics:
- The NBN: its costs and benefits
- The crises in the housing industry
- The slowdown in the mining boom
- Government businesses that are privatised e.g. Telstra.
- Changes in major industries eg. Car industry.
- Changes in exchange rates.
- Taxation Reform e.g. the repeal of the carbon tax
- Industrial Relations Reform
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