Policy Brief Project S2 2019 Policy Brief Project S2 2019 Criteria Ratings Pts This criterion is linked to a learning outcomePart A Presentation of Indicator 1 2.0 to >1.5 Pts Full marks - Excellent...

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Hi
I would like to help me on this assignment
Just on part (B) From(recommendation) and Economic rationale.Part A was done.
Please I need high marks on it so please follow the instructions and the Rubrics carefully. and do forget to start from recommendation until the end of assignment depending on part ( A) which is already done.
Attached to you the files


Thank you



Policy Brief Project S2 2019 Policy Brief Project S2 2019 Criteria Ratings Pts This criterion is linked to a learning outcomePart A Presentation of Indicator 1 2.0 to >1.5 Pts Full marks - Excellent Clear labelling of the axis, scale, the time period and an indicator. Graph is visually appealing and neatly presented. 1.5 to >1.0 Pts Satisfactory Graph presented with clear labelling of the axis, scale, the time period and an indicator but lacks visual clarity or not neatly presented. 1.0 to >0.5 Pts Partial marks - unsatisfactory Table/graph presented, but a lack of critical information (such as labels, axis, scale etc) 0.5 to >0 Pts Zero marks - not present Table/figure not presented 2.0 pts This criterion is linked to a learning outcomePart A Observations of Indicator 1 4.0 to >3.0 Pts Full marks - Excellent Problem identified and communicated through advanced use of knowledge accumulated in the course at an excellent level; narrative presented is strongly linked to the data. 3.0 to >2.0 Pts Satisfactory Problem identified and communicated through advanced use of knowledge accumulated in the course at a satisfactory level; narrative presented is moderately linked to the data; lacks detailed discussion. 2.0 to >1.0 Pts Partial Marks - unsatisfactory Problem identified and communicated through advanced use of knowledge accumulated in the course at an undesirable level; narrative presented is only weakly linked to the data 1.0 to >0 Pts Zero marks - not present Observations and comments are absent. 4.0 pts This criterion is linked to a learning outcomePart A Presentation of Indicator 2 2.0 to >1.5 Pts Full marks - Excellent Clear labelling of the axis, scale, the time period and an indicator. Graph is visually appealing and neatly presented. 1.5 to >1.0 Pts Satisfactory Graph presented with clear labelling of the axis, scale, the time period and an indicator but lacks visual clarity or not neatly done. 1.0 to >0.5 Pts Partial marks - unsatisfactory Table/graph presented, but a lack of critical information (such as labels, axis, scale etc) 0.5 to >0 Pts Zero marks - not present Table/figure not shown 2.0 pts This criterion is linked to a learning outcomePart A Observations of Indicator 2 4.0 to >3.0 Pts Full marks - Excellent Problem identified and communicated through advanced use of knowledge accumulated in the course at an excellent level; narrative presented is strongly linked to the data. 3.0 to >2.0 Pts Satisfactory Problem identified and communicated through advanced use of knowledge accumulated in the course at a satisfactory level; narrative presented is moderately linked to the data; lacks detailed discussion. 2.0 to >1.0 Pts Partial marks - unsatisfactory Problem identified and communicated through advanced use of knowledge accumulated in the course at an undesirable level; narrative presented is only weakly linked to the data 1.0 to >0.0 Pts Partial marks - unsatisfactory Problem identified and communicated through advanced use of knowledge accumulated in the course at an undesirable level; narrative presented is only weakly linked to the data 0.0 Pts Zero marks - not present Observations and comments are absent. 4.0 pts This criterion is linked to a learning outcomePart B Subject Line 1.0 Pts Full marks - Excellent The subject is brief and appropriately descriptive 0.5 Pts Partial marks - satisfactory The subject is overlong and/or insufficiently descriptive 0.0 Pts Zero marks - not present The subject line is absent. 1.0 pts This criterion is linked to a learning outcomePart B Executive Summary 3.0 Pts Full marks - Excellent The core message succinctly and accurately summarises the brief as required by the template. The language used in the summary is appropriate and the recommendations are clearly explained. 2.0 Pts Satisfactory The core message partially summarises the brief. There may be a lack of clarity, omissions and/or inaccuracies 1.0 Pts Partial marks - unsatisfactory The core message does not effectively summarise the brief and/or the message is overlong. 0.0 Pts Zero marks - not present Executive summary is absent. 3.0 pts This criterion is linked to a learning outcomePart B Recommendations 3.0 Pts Full marks - Excellent Recommendation(s) are clearly and concisely stated with no extraneous information. 2.0 Pts Satisfactory The recommendation(s) substantially address the problem identified. Recommendation(s) may be lacking in clarity, and/or contain some extraneous information. 1.0 Pts Partial marks - unsatisfactory The recommendation(s) are insufficient to address the problems identified and/or substantially deviate from the requirements of the task. 0.0 Pts Zero marks - not present The recommendation(s) are absent. 3.0 pts This criterion is linked to a learning outcomePart B Economic Rationale 15.0 to >10.0 Pts Full marks - Excellent Begins by providing the context for the brief. Effective use of subheadings to organise the explanations for the recommendation(s). The key information and justifications are presented clearly and concisely. 10.0 to >6.0 Pts Satisfactory The key information provides the context for the brief. The rationale for the recommendation(s) is present and supported by logical argument, but lacking in clarity. The key information may lack clarity, includes extraneous elements. 6.0 to >1.0 Pts Unsatisfactory Economic rationale fails to support recommendation(s). The arguments presented are weak in relation to problems raised in section A. Contains significant assertions unsupported by key observations. Significant logical flaws present and/or substantially mispresents the economic rationale behind the recommendation(s). 1.0 to >0 Pts Zero marks - not present Economic rationale section is absent. 15.0 pts This criterion is linked to a learning outcomePart B Structure and Organisation of Overall Brief 2.0 to >1.5 Pts Full marks - Excellent Structure and sequence are used effectively to help integrate ideas or support logical argument. Soundly structured throughout. 1.5 to >1.0 Pts Satisfactory Ideas are sequenced in a logically satisfying way; connections between different themes or sections are well made. 1.0 to >0.5 Pts Partial marks - unsatisfactory Sequence and structure are illogical and difficult to follow. Introductory and concluding sections used ineffectively. 0.5 to >0 Pts Zero marks - not present Not structured to make sense; could be better organised and more tightly focused upon the topic. Instances of irrelevance or confusion. 2.0 pts This criterion is linked to a learning outcomePart B Language use of Overall Brief 2.0 to >1.5 Pts Full marks - Excellent Powerful, confident and precise use of language; mastery of style and tone. 1.5 to >1.0 Pts Satisfactory Language use demonstrates precision and expressiveness as well as clarity. 1.0 to >0.5 Pts Unsatisfactory Language is generally unsound and unclear throughout. 0.5 to >0 Pts Zero marks - not present Not clear enough to be understood; largely confused or unclear expression. Spelling, punctuation & grammar generally unsatisfactory. 2.0 pts Total points: 38.0 Page 1 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 1 of 8 ECON 1010 – Macroeconomics 1 Policy Brief Project (40 marks) 1. Overview We have developed the analytical tools that economists use when discussing policy options and have discussed its likely impacts on the economy in theory. In this assignment you take the role of the policy advisors, employed by government departments or big corporations (your clients are therefore the government and its ministers and big corporate organisations) to apply those skills and expertise knowledge accumulated in this course so far. As an expert’s role in the government /corporation decision making process, your task has the following two objectives: Analysis: Experts are responsible for analysing the economic scenario (depicting the likely impact of the policy on the economy), using the specialised knowledge and the technical expertise in the discipline. Communication skills: Experts must communicate their finding and recommendations effectively to the decision-makers in government – ministers, senior public servants – and executives of corporations as an independent/third party observer. This assignment is designed to help you develop the skills of critically interpreting and analysing macroeconomic data and effectively communicating your findings to the targeted audience. Page 2 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 2 of 8 There will be three parts to this assignment: Part A: Diagnostics (macroeconomics data collection and interpretations) Task: You apply knowledge to the macroeconomics data and present a diagnostic analysis of the economy. Make important observations and assess the current situation of the economy; finally, identify if economy is ‘stable’ or showing any signs of ‘economic downturn’ or any other problem. Part B: Policy brief report Task: Based on your ‘Diagnostics’ in Part A, you suggest the ‘Policy Recommendations’. These recommendations must be backed by proper justification and rationale. As the last step, communicate everything (diagnostics, policy recommendations, justification/rationale) effectively to your client in the form of a policy brief. Policy briefs aim to be practical and well-researched to make it useful and worthwhile for your clientele. Part C: Micro-credential (Information Literacy) Task: You are required to complete the micro-credential (Information Literacy) which will help enhance your skills in searching for, organising and interpreting information. 1. Submission In principle, you need to form a group with a size of TWO(2) students. All group members must be enrolled in the same tutorials (a strict requirement). In the case that you would like to form a group with a student from a different tutorial or you like to submit as the individual work, you will need to seek approval from the course coordinator, explaining the valid reasons (please email to [email protected]) Turnitin: As you upload your work to Canvas, note that it will be automatically transferred to the Turnitin1 website and screened for plagiarism. See below for the university policy on academic plagiarism and penalties; https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity There is Turnitin checking tool available in Canvas. The benchmark for good submission is less than 50% of similarity. If the similarity report indicates over 50%, we will investigate the presence of any academic plagiarism on the submitted assignment. If there is a severe offence, we will pose the penalties following the university policy outlined above. So, please check the similarity before you submit the final version.2 1 https://en.wikipedia.org/wiki/Turnitin 2 Please note that it is fairly easy for us spot any plagiarism from the following websites; Trading Economics - https://tradingeconomics.com/ mailto:[email protected] https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity https://tradingeconomics.com/ Page 3 of 8 ECON1010, 2019S2, Policy Brief Instructions Page 3 of 8 2. Grading This assignment is worth of 40 marks. Grade allocations are summarised in the following table: (see rubric outlining marking criterion is provided on Canvas). In the case of group submissions, the marks are equally distributed (ie, marks for the group will become each member’s marks). For this reason, we expect the equal contributions of each member of the group to this project. Please also note that Part C for Micro-credential is an individual task (and marked individually). 3. Formatting requirements: Your assignment must be typed using Student template. The system will reject
Answered Same DayOct 04, 2021ECON1010

Answer To: Policy Brief Project S2 2019 Policy Brief Project S2 2019 Criteria Ratings Pts This criterion is...

Kushal answered on Oct 08 2021
148 Votes
Executive Summary
Following the financial crisis, in Singapore the output growth significantly declined and tha
t led to a sharp decrease in the CPI inflation across the categories. To spur the growth in the following years and increase the inflation to sustainable levels, government needs to cut the policy rates. A decrease in the policy rates will increase the consumer spending and will act as a deterrent to the savings, which will lift the inflation and GDP growth.1
Recommendations-
The central bank should resort to the cuts in the policy rates. The Singapore government should also resort to the more expansionary fiscal policy, which will spur growth. The government can loosen up the reserve requirements of the banking by decreasing the Cash Reserve Ratio and Statutory Liquidity ratio which will induce the borrowings and subsequently growth. The government can also increase the minimum labour wages to spur the cost push inflation.
Economic rationale-
The suggested policy recommendations are the clear course of action for either government or the central bank, to revive the growth and inflation....
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