ECON1011 Economics for Business Semester 1, 2023

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ECON1011 Economics for Business

Semester 1, 2023

“Critique a Celebrity” Assessment

Instructions and Marking Criteria

Overview

You will choose a quote from a celebrity (e.g., politicians, social media influencers) made last year. This quote should be related to one of the five main topics covered in this course. Evaluate the validity of the claim(s) made in the chosen quote using economic concepts or theories you have learnt in this course. You will then make a one-minute TikTok-style video explaining to your audience whether the celebrity’s claim is valid, and why.

Celebrity quote eligibility

The quote you choose must be:

1. Made publicly by a well-known public person – this can be a traditional celebrity (e.g., politicians, activists, famous artists or athletes, etc.) or a social media celebrity, defined to be any account/channel with over 10,000 followers (alternatively, a quote in a post with over 100,000 likes is acceptable);

2. Originally published (i.e., not a re-post) in traditional or social media between 1^st January 2023 and 1^st April 2024;

3. Made in English;

4. Related to one of the five main topics covered in this course (i.e., Housing crisis, Cost of living, Climate change, Inequality, Migration), and in the cases of the first two issues (Housing crisis and Cost of living), be related to the Australian context.

If you submit an ineligible quote at the issue identification stage (see below), you will lose the marks on quote eligibility. However, if you use an ineligible quote in the video submitted, you will receive zero (0) for the entire video.

Submission

You need to submit two (2) items in relation to this assessment.

1. Issue identification (10%)

You are asked to identify contemporary economic issues that are being discussed in the public domain. Using the template provided on the course Blackboard site, provide basic background information and a link to your chosen quote (or attach a pdf in the case of a traditional media article). Relate the quote to the topic you have identified.

Save your filled out template in .docx or .pdf.

2. One-minute video (25%)

Upload a one-minute video of your critique using the submission link on the course Blackboard site. In your video, you should:

(a) Introduce the quote you are critiquing;

(b) Identify a claim in the quote as an economic statement;

(c) Explain the economic concepts in the statement you have identified in (b); and

(d) Correct (if the claim is wrong), qualify (if the claim is partially correct) or validate (if the claim is correct) the claim you have identified in (b).

Your video should target the typical TikTok (or similar) audience. However, for your ease, you may assume that they some basic economic knowledge covered in ECON1011.

Your video should not exceed one minute. You have a 10-second buffer at the end to wrap up – but no new economic contents can be introduced during this buffer. Markers will stop watching at 1 minute 10 seconds.

You can use creative artworks (e.g., images, music) in your video if you have the copyright to use them in your work and make appropriate attributions (see Referencing, below). It is not necessary for you to visually appear in the video. Other people can appear in your video, but they must be over the age of 18 years and sign a Consent Form (see below).

The video should be saved in .mp4 format (recommended resolution: VGA) and upload through the submission link on the course site Blackboard by Friday, 24^th May 2024 15:00 (i.e., 3:00pm) AEST. Please see Submit a Video or Audio Assignment with Kaltura for submission instruction instructions.

If you have references, attributions, or consent, fill out the References, Attributions, Consent, or Topic change Form available on Blackboard and submit the completed template as a .docx or .pdf file via the separate submission link on Blackboard.

For both items, you can re-submit as many times as you wish prior to their respective due date.

Changing your quote or topic between submissions

You can change your quote or topic after the issue identification is submitted. However, in such case, you will not receive feedback on your new choice of quote or topic. Course staff will not check the eligibility of your new choice for you. If your new quote is ineligible, you will receive zero (0) for your video.

If you have changed your quote or topic after the outline, fill out the appropriate section of the References, Attributions, Consent, or Topic change Form (available on Blackboard) and submit it via the form submission link. Do NOT submit the form via the video submission link. The revised issue identification template will not be marked but will provide the relevant background information for your markers.

Late submissions

Requests for the granting of extensions must be made online via my.UQ with supporting documentation before the submission due date/time.  If an extension is approved, the new agreed date for submission will be noted on the application and the student notified through their student email. Extensions cannot exceed the number of days you suffered from a medical condition, as stated on the medical certificate.

Where an extension has not been previously approved, a penalty of 10% of the maximum possible mark allocated for the assessment item will be deducted per day for up to 7 calendar days, at which point any submission will not receive any marks unless an extension has been approved. Each 24-hour block is recorded from the time the submission is due.

Marking criteria

The whole assessment (issue identification and the final video) is worth 35% of the course total marks.

Issue identification (10 marks total):

Criteria		Marks
Verifiable link/pdf of the quote provided		2
Quote made by an eligible person		2
Quote published within the specific timeframe		2
Related topic appropriately identified		4
	Total	10

One-minute Video (25 marks total):

Criteria		Marks
Content		15
Identification of an economic statement	5
Explanation of economic concepts	5
Correction/qualification/validation of claim	5
Presentation		10
Organisation and clarity	5
Engagement	5
	Total	25

See Appendix A, below, for detailed marking criteria and standards.

Referencing and attributions

If you use the ideas or works of others in your submission you must reference them. This is an academic requirement – you may be liable for plagiarism if you do not acknowledge the resources you have used. See UQ’s Guide on plagiarism.

Since you are submitting a video, you will not have in-text references. However, you should put your reference list in the Reference section of the References, Attributions, Consent, or Topic change Form (available on Blackboard) and submit it along with your video. Please use APA 7^th referencing style – see UQ Library’s guide on APA 7^th.

There is no need to reference lecture slides from this course, nor do you need to reference the quote you are critiquing – because its bibliographical information would have been included in your issue identification submission already.

Likewise, if you have used creative artworks that are not created by you, you should fill out the Attributions section of the References, Attributions, Consent, or Topic change Form.

Tips

· Be precise! Pick one claim in your quote and work only on it. Don’t be ambitious.

· Don’t spend time repeating the whole quote unless it helps. You can display it on screen to save time.

· Do NOT try to shorten your video by playing it at a higher speed. Past markers of similar assessment items told us that those videos are inaudible.

· We understand that people have accents. It should be emphasised that English accent, beyond being understandable, is NOT a marking criterion. However, if you are worried, consider captioning your video.

· Likewise, we understand that you are students. As such, the technical quality of your aids, beyond being clear and effective, is not a marking criterion. For instance, hand-drawn graphs are considered just as good as computer generated graphics.

· If you want to use creative works (e.g., images) in your video, try searching Creative Commons. See UQ Library’s guide on finding and using media.

Academic integrity

You are expected to maintain academic integrity and appropriate conduct. This expectation includes and extends to the digital realm. Unacceptable behaviours include, but are not limited to:

· Plagiarism;

· Fabrication of quotes, references or documents;

· Illegal use of copyrighted materials; and

· Soliciting or aiding and abetting contract cheating.

Academic and general misconduct will be handled in accordance with UQ’s policy regarding student misconduct.

Use of generative artificial intelligence (generative AI)

This assessment has been designed to be challenging, authentic and complex.  Whilst students may use AI technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference AI use may constitute student misconduct under the Student Code of Conduct.

Academic integrity pledge

By submitting your assessment item, you indicate your commitment to UQ’s academic integrity pledge as summarised in the following declaration:

“I certify that I have completed this assessment in an honest, fair and trustworthy manner, that my submitted answers are entirely my own work, and that I have neither given nor received any unauthorised assistance on this assessment.”

Appendix A: Marking Criteria and Standards

Issue identification (10 marks total)

Criteria and Mark	2	0
Verifiable link/pdf of the quote provided (2)	A valid link or pdf of the quote is provided.	Link or pdf defunct or not provided; or the quote is not made in English (making it not verifiable by course staff).	Marks on these three criteria can only be 2 or 0: either the quote meets the eligibility standard, in which case 2 marks will be given; or it does not, in which case 0 mark will be given.
Quote made by an eligible person (2)	The quote is made publicly by an eligible person as stated in the assessment instructions.	The quote is not made publicly by an eligible person.
Quote published within the specific timeframe (2)	The quote is originally published between 1st January 2023 and 1st April 2024.	The quote is originally published outside of the period between 1st January 2023 and 1st April 2024.
Criteria and Mark	4	3	2	1	0
Related topic appropriately identified (4)	Topic clearly identified to be one of the five topics covered in the course. Clear explanations on why the quote is related to the topic identified.	Topic identified to be one of the five topics covered in the course. Reasonable explanations on why the quote is related to the topic identified.	Topic identified to be one of the five topics covered in the course. Tenuous explanations on why the quote is related to the topic identified.	Topic identified to be one of the five topics covered in the course. Unclear explanations on why the quote is related to the topic identified.	No topic identified or the topic identified is not one of the five covered in the course.

One-minute Video (25 marks total)

Content
Criteria and Mark	5	4	3	2	1	0
Identification of an economic statement (5)	A claim in the quote is precisely rephrased using economic language. Appropriate economic concept(s) identified.	A claim in the quote is faithfully rephrased using economic language. Relevant economic concept(s) identified.	A claim in the quote is roughly rephrased using economic language. Relevant economic concept(s) identified.	The rephrasing the claim(s) in the quote in economic language is inaccurate. Logical gaps in the identification of related economic concept(s).	The rephrasing the claim(s) in the quote in economic language is fundamentally flawed. Inappropriate or tangential economic concept(s) identified.	Failure to connect the quote to a relevant economic concept. No economic concept identified.
Explanation of economic concepts (5)	Appropriate economic explanations competently delivered. Reasoning careful, logical and demonstrates sound knowledge of underlying economic concepts.	Relevant economic explanations satisfactorily delivered. Reasoning logical and demonstrates adequate knowledge of underlying economic concepts.	Reasonable attempt to give a relevant economic explanation. Minor gaps in reasoning, demonstrating some knowledge of underlying economic concepts.	Limited attempt to give an economic explanation. Apparent flaws in reasoning, demonstrating limited knowledge of underlying economic concepts.	Erroneous attempt to give an economic explanation. Illogical reasoning, demonstrating flawed understanding of economic concepts.	No attempt to give an economic explanation. Incomprehensible reasoning, demonstrating no understanding of economic concepts.
Correction, qualification, or validation of claim (5)	Convincing conclusion of the validity of claim drawn from earlier explanations. Mindful of assumptions that may affect validity.	Reasonable conclusion of the validity of claim drawn from earlier explanations. Little attention to underlying assumptions.	Plausible conclusion of the validity of claim drawn from earlier explanations. Underlying assumptions not mentioned.	Doubtful conclusion of the validity of claim drawn from earlier explanations. Weakness of the conclusion perceptible.	Spurious or irrelevant conclusion of the validity of claim. Weakness of the conclusion apparent.	No or erroneous conclusion of the validity of claim. Weakness in the conclusion blatant.
Presentation
Criteria and Mark	5	4	3	2	1	0
Organisation and clarity (5)	Video tightly organised. Main points clearly emphasized. Arguments and evidence effectively placed and presented. Clear expressions.	Video conventionally organised. Main points apparent. Arguments and evidence suitably placed and presented. Effective expressions.	Video organised. Main points can be deduced but not always apparent. Placement and presentation of arguments and evidence does not interfere understanding. Meaning of expressions apparent but language not always fluent.	Video loosely organised. Main points not always clear. Placement and presentation of arguments and evidence sometimes interfere understanding. Meaning of expressions not always clear.	Video poorly organised. Main points obscure. Arguments and evidence are hampered by digressions that interfere understanding. Meaning of expressions unclear.	Video chaotic. Main points unidentifiable. Arguments and evidence are scattered, inhibiting understanding. Expressions incomprehensible.
Engagement (5)	Video is captivating. Messages are conveyed in a relatable manner.	Video is interesting. Messages are conveyed in a pleasant manner.	Video is uninspiring. Messages are conveyed in a routine manner.	Video is bland. Messages are conveyed in forgettable manner.	Video is boring. Messages are conveyed in a banal manner.	Video is excruciating. Messages are conveyed in an offensive manner.