RBA: Topical Talks
In this free professional development event for teachers, Head of Economic Analysis, Bradley Jones, will speak on The
Economic Effects of COVID-19 and the Recovery.
The COVID-19 pandemic gave rise to a historically large and rapid shock to the economy. This presentation will trace out the evolution of the shock, its unique elements, and what we have learned along the path to recovery.
Thursday, 13 May 2021, 3.45 pm – 4.45 pm (AEST)
You can still book for your students to attend one of our Online Student Talks in May:
Monetary Policy and Current Economic Conditions (aimed at Years 11 and 12)
Introduction to Economics (aimed at Years 9 and 10)
Register here: https://www.rba.gov.au/education/book-a-talk/
Express interest now to attend this online event at: https://www.rba.gov.au/education/professional-development/topical-talks
Ahead of the end of financial year, the ATO has prepared a range of resources to help teachers and education professionals this tax time.
It’s important that everyone understands what they can and can’t claim at tax time and how to best prepare and lodge their returns, especially after a challenging year.
Annual Shann Memorial Lecture 2021
Monetary Policy During Covid with Guy Debelle (RBA) The UWA Business School Economics Department is pleased to invite you to attend this year's Shann Memorial Lecture, Monetary Policy During Covid, on Thursday 6 May.
The RBA Deputy Governor will discuss the actions the Bank has taken over the past year and the impact they are having on the Australian economy and financial markets. There will also be the opportunity for Q&A.
Dr Guy Debelle commenced as Deputy Governor of the Reserve Bank of Australia on 18 September 2016. He is Deputy Chair of the Reserve Bank Board and Chair of the Reserve Bank's Risk Management Committee. Prior to his current role, Dr Debelle was the Assistant Governor (Financial Markets).
Date: Thursday 6 May 2021
Time: 5:00pm - 6:15pm
Venue: Wesfarmers Lecture Theatre, UWA Business School
Hackett Drive, Entrance 4
35 Stirling Hwy, Perth WA 6009
Free to attend, registrations essential
EconoBites are 'bite sized' items that you can use with your students. The emphasis is on applications of Economics to current situations or
events that are relevant to the syllabus content for a particular year. Check out the two latest EconoBites for Year 11 and 12 Economics
teachers and students.
Chinese Trade Sanctions on Australian Goods
Ginger prices skyrocket to record highs amid worldwide shortage Read More…
The Reserve Bank of Australia (RBA) is undertaking research to provide insights into Australia’s economic teachers, the challenges they face
and how the RBA can support. The Bank would be grateful if you would please complete the survey and ensure those in your communities of
practice and networks also participate. The RBA is hoping to obtain a representative picture, which can be applied to best support
teachers going forward. Therefore, it is in our collective interest that as many ETAWA members complete the survey. The short
questionnaire will explore the challenges faced by Economics teachers, and what could be done to better promote and support the teaching and
learning of Economics in Australia.
The survey has just launched at: https://www.surveymonkey.com/r/economics-teachers4
To celebrate HASS Week 2021, and promote the study of Economics and Business, the Economics Teachers’ Association of Western Australia is running an Economics-themed political cartoon competition. The cartoons can be based on one of three themes relating to the current economic climate:
The Western Australian Year 10 Economics and Business textbook from E & B Education titled Economic Performance and Living standards
is now available.
The key topics are:
New Current Economic Conditions video
Following this month’s Statement on Monetary Policy, a video summarising Current Economic Conditions has just been released. RBA Economist Tomas Cokis takes students through the latest developments in the Australian economy.
The RBA has just released a new Explainer covering ‘Drivers
of the Australian Dollar Exchange Rate’.
This explores the different factors that lead to changes in the Australian Dollar exchange rate over time. It completes the RBA’s
suite of exchange rate Explainers, which can be accessed on our Explainers page. Videos on this topic will be released in the coming month.
Vale Chris Stone
On the 7th January 2021, Chris Stone the elected President of the Economics Teachers’ Association of Western Australia (ETAWA) passed away suddenly. The Association extends its condolences to Chris’ family and friends. As a life member of the Association, Chris was a role model and highly respected Economics and Humanities and Social Sciences teacher. His contribution extended beyond the classroom as a curriculum and textbook writer, and through his work in assessment and moderation. Chris made a difference in education and his knowledge, wisdom and enthusiam for teaching economics will be greatly missed.
For 2021, the RBA have scheduled an extensive series of online talks throughout the academic year, via Zoom. There are two talk types to
Monetary Policy & Current Economic Conditions (aimed at Years 11 and 12) – An economist will share insights on how the RBA conducts monetary policy, and current conditions in the Australian economy. A recent graduate will also share insights on his or her career path and role, discussing the benefits of studying Economics. Introduction to Economics (aimed at Years 9 and 10) – An economist will provide an introduction to the economy, the role of the RBA, and the benefits of studying economics.
Talks from February to May 2021 have now been uploaded to the website. Teachers can register for any of the talks and will be sent a link nearer the time, which they will be able to share with their students.
As with all the RBA’s resources, talks and events are free.
Registrations can be made at: https://www.rba.gov.au/education/book-a-talk/ Read More…
WHERE Online - Microsoft Teams
WHEN Friday 5 February 2021, 7.30am - 8.45am
Due to the current five-day lockdown impacting the Perth Metropolitan area, this event has now moved online and is free to access. Read More…
Year 10, 11 and 12 students would all benefit from reading and interpreting the latest graph/chart of consumer spending from illion, in partnership with economists at AlphaBeta. Tab 1 shows the initial decline in consumer spending and then the impact of the policy measures that have increased spending. Tab 2 shows the wide variation between spending categories. Andrew Charlton from AlphaBeta was interviewed on ABC TV in August 2020 about the impact of Victoria's Stage 4 lockdown on the flow of goods. Will a similar impact be felt following the NSW lockdown for Christmas? Read More…
Here are two more videos that the RBA has recently added to their website. Gross Domestic Product - Gigi Lovicu explains the concept of GDP. He covers the three main measures of GDP and what is not included in GDP. The section on what’s not included would be useful when Year 10 students are looking at measures of economic activity and wellbeing. The section about the three main measures and how they are used is interesting and probably best presented to Year 11 students in the macro economics unit Read More…
The RBA has recently added more videos to their website. The following pair by Gian-piero (Gigi) Lovicu would be excellent to use in Year 10 Economics and Business when students start to look at graphs (also known as charts) that represent economic data for inflation, unemployment and economic growth.
Reading and Interpreting Charts
Gigi talks about the components of charts that are created from economic data and the things to consider when interpreting them. [Part 1, Part 2] Read More…