Learning!outcomes!addressed: 1. To!understand!and!explain!basic!economic! principles 2. To!apply!economic!principles!to!solving!economic! problems 5. To!develop!verbal!and!nonEverbal!communication! skills!to!communicate!the!understanding!of! economic!principles 6. To!understand!the!broader!social!consequences! of!economic!decisions!making Submission Date!to!present in!class!will!be communicated!during!the! study!period.! Presentation!conducted!in Week!5.! Weighting 10!% Total)Marks 100 marks Context: The! aim! of! the! Media! Watch! assignment! is! to! provide! students! with! the! opportunity! to! develop! and! demonstrate! their! critical! literacy! skills.! Students! are! required! to! outline! the! argument!in!a!case!study!and!then!develop!a!critique!of!that!argument. Students!will: • Develop!oral!communication!skills • Develop!knowledge!of!an!economic!concept!and!use!that!knowledge!to!critically!analyse!an! argument • Develop!the!ability!to!assess!the!broader!social!and!economic!impacts!of!decision!making!by! firms. ECON2002_Assessment!1_Micro!Media!Watch_T3!2015_F2F.Docx Page!2 of!7 Instructions: Format: A!Powerpoint!show!comprising!ten slides. Materials: The!newspaper!articles!to!be!analysed!in!this!assignment!will!be!provided!on! Blackboard. You!are to!write!a!600!to!1,000!word!paper!that!addresses!the!following!five!tasks!that!need! to!be!undertaken!for!this!assignment.!You!should!write!this!paper!as!a!series!of!notes!added! to!the!PowerPoint!slides. You!are!then!required!to!present!your!analysis!in!class. You! do! NOT need! to! write! a! paper! nor! submit! anything! in! writing; your! mark! will! be! determined! solely! by!your! presentation.! BUT! notes!attached! to! the! PowerPoint! slides!will! help! you! to! focus! your! thoughts! and improve! your! presentation.! The! presentation! is! to! consist!of!10!PowerPoint!slides.! This! assignment requires! you! to! undertake! five! tasks! in! order! to! analyze! the! chosen/allocated! newspaper!article.!Each! of! these! five! tasks! relates! to!a! stage! in! Bloom's! Taxonomy.!The!first!three!sections!of!this!assignment!should!focus!on!one!concept!only!!You! must!tightly!structure!your!presentation!so!that!you!address!each!of!the!following!five!tasks! in!order. • Task)1:)Identify)the)key)economic)concept that!is!discussed!in!this!article!and!then! outline!the!reason!for!selecting!the!chosen!article.!The!aim!of!this!section!is!to!see!if! students!can!identify!the!key!economic!concept!being!addressed!in!the!article!and!to! locate!that!concept!in!the!course!curriculum.!In!this!"introduction"!you!must!clearly! state; o The!title!of!the!article o The!source!of!the!article o The!author The!date!the!article!was!published Why!you!chose!the!article!for!your!presentation A!brief!summary!of!the!article The one key! economic! principle! that! links! the! article! to! the! course Bloom's)Taxonomy)domain:)Knowledge,)action)word)identify. • Task) 2:) Review) the) key) economic) issue) or) concept that! is! covered! in! the! article.! (Illustrate) with) diagrams) where) necessary).! This! section! should! be! a! very! brief! review! of! the! key! economic! concept! that! is! explored! in! the! article,! i.e.! all! that! is! expected!here!is!a!short!paraphrase!of!the!material!from!a!relevant!textbook.!There! should!be!no!reference!in!this!section!to!any!material!in your!chosen!article. Bloom's) Taxonomy) domain:) Understand,) action) word) paraphrase. • Task) 3:)Outline) the)main) the) economic)argument or!perspective!developed!in! the! article.! (Illustrate) with) diagrams) where) necessary).! This! section! should! be! an! ECON2002_Assessment!1_Micro!Media!Watch_T3!2015_F2F.Docx Page!3 of!7 application!of!the!concept!reviewed!in!the!previous!section. Bloom's)Taxonomy)domain:)Analyse,)action)word)explain. • Task) 4:) Develop) a) counterVargument,! or! develop! an! alternative! explanation,! or! develop! an! argument! from! a! different! theoretical! perspective,! to! the! one! that! is! presented! in! the! article! (Illustrate)with) diagrams)where) necessary).!Or,! if! there! is! another! side! to! this! story! outline! that! argument.! Or,! propose! an! alternative! explanation!or!alternative!solution,!to!the!one!proposed!in!the!article.!This!section!is! intended!to!be!another!application!of!an!economic!theory.!You!may!wish!to!use!the! theory! reviewed! and! applied! in! parts! (2)! and! (3)! or! you! may! wish! to! base! this! discussion!on!another!economic!concept. Most%of%the%articles%chosen%for%this%assignment%present%two%sides%to%an%argument.%So,% the%best%thing%to%do%is%to%explore%both%sides%of%the%argument. Bloom's)Taxonomy)domain:)Evaluate,)action)word)critique. • Task)5:)Briefly)discuss)the)broader)social)implications of!either!the!message!in!the! article!or!the!counter!argument/alternative!explanation!that!you!develop!in!Section! 4.! (Illustrate) with) diagrams) where) necessary).! This! discussion! should! be! brief! and! address!one!of! the! following!key!issues,!unemployment,!employment!GDP!growth,! inflation,!equity,!inequity,!efficiency,!effectiveness,!poverty,!the!environment. Bloom's)Taxonomy)domain:)Create,)action)word)integrate. Hints! about! what! I! am! looking! for! in! tasks! 4! and! 5! for! each! presentation! have! been! added!to!the!bottom!of!each!article. The!most!common!mistake!that!students!have!made!in!the!past!is!to!conflate!Tasks!2!and! Tasks!3.! • Task! 2! is! simply! a! general! review! of! the! relevant! economic! theory! or! concept.! It! should!just! be!a! paraphrasing! of! the! textbook.!There! should! be! no!mention! of! the! specific!case!study!in!task!2! • Task!3!is!an!application!of! the!general!material! reviewed!in!Task!2.!It!is!where!you! use! the! material! in! the! textbook! to! explain! the! argument! developed! in! the! case! study/newspaper!article. The!second!most!common!mistake!that!students!make is!with!Task!5,!they!are!often!unable! to!draw!a!link!between!their!specific!case!study!and!a!broader!social!or!economic!problem,! ask!your!learning!facilitator!for!help. ECON2002_Assessment!1_Micro!Media!Watch_T3!2015_F2F.docx Page!4 of!7 Learning Rubrics Assessment) Attributes Fail)(Unacceptable) Pass (Functional) Credit (Proficient) Distinction (Advanced) High)Distinction (Exceptional) Content,!Audience! and!Purpose 20 Does!not!meet!minimum!standard Demonstrates!no!awareness!of!context! and/or!purpose!of!the!assignment. 0#$ 9 Meets!minimum! standard Demonstrates!limited! awareness!of!context! and/or!purpose!of!the! assignment 10$12 Moves!beyond! minimum!standard Demonstrates! consistent!awareness! of!context!and/or! purpose!of!the! assignment. 13$14 Exceeds!minimum! standard Demonstrates!an! advanced!and! integrated! understanding!of! context!and/or! purpose!of!the! assignment. 15$16 Exceeds!minimum! standard!and!exhibits! high!levels!of! independence Consistently! demonstrates!a! systematic!and!critical! understanding!of! context!and!purpose! of!the!assignment. 17$20 Knowledge!and! understanding Limited!understanding!of!required! concepts!and!knowledge Key!components!of!the!assignment!are! not!addressed. Knowledge!or! understanding!of!the! field!or!discipline. Resembles!a!recall!or! summary!of!key!ideas.! Often! conflates/confuses! assertion!of!personal! opinion!with! information! substantiated!by! evidence!from!the! research/course! Thorough!knowledge! or!understanding!of!the! field!or!discipline/s.! Supports!personal! opinion!and! information! substantiated!by! evidence!from!the! research/course! materials. Demonstrates!a! capacity!to!explain!and! apply!relevant! concepts. Highly!developed! understanding!of! the!field!or! discipline/s. Discriminates! between!assertion! of!personal!opinion! and!information! substantiated!by! robust!evidence! from!the! research/course! materials!and! extended!reading. A!sophisticated! understanding!of!the! field!or!discipline/s. Systematically!and! critically!discriminates! between!assertion!of! personal!opinion!and! information! substantiated!by! robust!evidence!from! the!research/course! materials!and! extended!reading.! ECON2002_Assessment!1_Micro!Media!Watch_T3!2015_F2F.docx