macroeconomics

BCO124 MACROECONOMICS Cecilia Simkievich

Midterm Assessment: INDIVIDUAL VIDEO PRESENTATION Deadline: 12th March 2021 at 18.00h CET (week 7) Task brief:

You must choose ONE of the following countries and prepare a video presentation regarding the country’s macroeconomic situation:

1. Greece 2. USA 3. Germany

The presentation must be done individually.

The presentation must contain the following contextual elements:

1. General country profile (location, population, currency, what it is famous for, etc.) 2. Macroeconomic situation during 2005-2019:

o Total nominal GDP o Total real GDP o GDP per capita o Real GDP growth rate o Inflation rate o Unemployment rate o Government debt o Trade Balance (Exports & Imports)

3. Focusing on the previous set of indicators, discuss the effects that the 2008 global crisis has had on the country’s economy

Weight: 40% of your overall grade for this course

Formalities:

• Length: 10 minutes • Format: PowerPoint presentation using the record option – record your audio as well as the presentation slides

and save the file with your audio narration! You are allowed to use other video recording options, too. Please check the link How to record a Power point Presentation in Moodle.

• The presentation must be uploaded on Turnitin at ‘Presentation submission point’. • Images/graphs etc. are allowed and encouraged to make your reasoning and arguments more visual and

explicative • References must be added to the end (referencing websites, articles, books etc.) • Harvard’s referencing style is mandatory

Outcomes: This assignment assesses the following learning outcomes of the course:

• apply macroeconomic terminology and assess macroeconomic policy suggestions; • evaluate real life situations with practical application of the acquired tools and knowledge.

RUBRICS Exceptional 90-100

Good 80-89

Fair 70-79

Marginal fail 60-69

Knowledge and Identification of the main issues

30%

Identifies and demonstrates a sophisticated understanding of the main macroeconomic concepts and indicators.

Identifies and demonstrates an accomplished understanding of the main macroeconomic concepts and indicators.

Identifies and demonstrates acceptable understanding of some of the main macroeconomic concepts and indicators.

Does not identify or demonstrate an acceptable understanding of the main macroeconomic concepts and indicators.

Facts, data sources and application

30%

Student applies fully relevant knowledge to the situation provided. The presentation does not contain any factual mistakes, data sources are relevant.

Student applies mostly relevant knowledge to the situation provided. The presentation does not contain any factual mistakes, data sources are mainly relevant.

Student applies some relevant knowledge to the situation provided. Some minor misunderstandings may be evident. The presentation contains one-two factual mistakes, data sources are somewhat relevant.

Student applies little relevant knowledge to the situation provided. Misunderstandings are evident. The presentation contains more than two factual mistakes, data sources are irrelevant.

Evaluation 10%

Student assembles a coherent response to the situation, providing a range of support and justification that leads to a well- reasoned conclusion.

Student assembles a good response to the situation, providing support and justification that lead to a well-reasoned conclusion.

Student assembles a fair response to the situation, providing some support and justification that lead to a well-reasoned conclusion. Minor misunderstandings may be evident.

Student’s response to the situation lacks coherence. Limited support and justification are provided that may or may not be well linked to the conclusion.

Communication, visual effects

30%

Student communicates ideas extremely clearly and concisely. Compliance with the guidelines on length and other formalities are taken into account.

Student communicates ideas clearly and concisely. Compliance with the guidelines on length and other formalities are taken into account.

Student communicates ideas fairly clearly and concisely. Compliance with the guidelines on length and other formalities are taken into account.

Student attempts to communicate ideas clearly and concisely, with some problems. Student does not follow the guidelines on length and other formalities.