EC201 Video Coursework: MT 2022
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EC201 Video Coursework: MT 2022
Purpose of the assignment:
The video component of EC201 is designed to offer economics students an opportunity to develop research skills, as well as digital and presentation skills, all of which are valued by employers. The videos can also be showcased and discussed in the context of an internship interview, for example. The MT 2022 video counts for 2.5% of your overall score.
Your Task:
You are required to work individually (and entirely on your own) to produce a video of no more than ten minutes in length on the following theme:
Part I: How does our understanding of individual savings decisions differ when viewed from the perspective of neoclassical consumer theory, as opposed to behavioural economics? How does this difference inform policy design?
Part II: Make one recommendation to help individuals make better savings decisions and explain why your proposal would be effective. [Note: you can take inspiration from existing market solutions or policies from any country, or else devise your own idea!].
Slides can help you structure your ideas and organise the presentation . However, you may prefer something other than slides in your video – images, animation…anything audio-visual that you feel will enhance your video presentation.
Criteria of assessment:
Your video will be marked on the basis of:
(a) Clarity of argument;
(b) Reference to relevant theory (covered in EC201)
(c) Reference to relevant related literature;
(d) Evidence of independent research and accurate citations.
You can draw on course reading and conduct your own literature search (for example, through Google Scholar). There is a section on the form to cite your sources.
Top Tip: get the correct citation of a source by clicking on the quotation mark underneath the listing on Google Scholar. Any referencing style is fine, provided you are consistent.
To get you started, why not watch Raj Chetty’s take on the issue:
https://www.youtube.com/watch?v=lHUixsZehL0
The following Vox EU article might also be helpful, alongside links found the lecture slides:
Choi, James, et al. "Nudges to nudge up the savings rate." Vox, CEPR Policy Portal (2012).
The question is fairly broad so feel free to narrow your focus if you wish (for example, you can focus on particular types of savers, or savings for a particular purpose etc).
Filming your coursework video:
For recording your videos, we recommend Loom for Education. This is a screen capture service that is very easy to use. You can seamlessly create videos of your screen, with your voice commenting over it. The videos are hosted on the Loom platform, where only people with a link can access them.
To register visit https://www.loom.com/education. If you register with your LSE email account, you will automatically be granted free access. Download the app on your machine, and you are ready to go. You can launch it from the Start Menu on Windows, or from the
Application list on a Mac. Don’t leave registration to Loom to the last minute as it might take a while to verify your education account on the basis of your LSE email address.
Through Loom for Education you can easily share your video by sharing the link provided by Loom on their platform, or you can download the video and store it somewhere else
(Dropbox, One Drive etc.). If you delete the video from Loom, then the Loom link will no longer work – so be careful. If you share from another platform, ensure access is password free, so your class teacher can freely access the video.
You can film slides or other visual content with audio narration, or you can film yourself presenting. A feature that makes Loom especially nice to use is that you can (if you wish) embed a little video of yourself speaking in a circle within the presentation. This makes the recording more personal and engaging. Note, the circle can be moved to wherever you want, though top right or bottom right tends to cover less content.
Loom has customisable privacy settings. For the purposes of the EC201 Coursework please share via a link. Only those with the link can see the recording. You may want to disable/enable comments and Emoji reactions. That is up to you. If they are disabled, then people can watch the video but not comment on it.
IMPORTANT NOTE: Loom has an iPad app, which when tested in the past appeared to have several buggy features. It might have improved since then, but to be safe we do not recommend using Loom directly on an iPad. If you want to use an iPad to record a video, we recommend that you mirror on a laptop, or use an alternative screen capturing app.
You can also film using your LSE Zoom account via lse.zoom.us if you wish. Zoom recordings are deleted from the server after 90 days, however, so if you choose to use Zoom, please retain a copy by downloading your video from Zoom and storing it on a separate drive.
Coursework submission:
There is a dedicated Moodle portal for you to submit your coursework. Note, you are required to provide a link to each video in the provided video submission form (not upload the video itself). The form can be found on Moodle.
We hope you enjoy creating the video!
2023-08-29