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CFS Economics

GROUP RESEARCH PRESENTATION (10%)

In your assigned group you will make a MP4 video, using Microsoft PowerPoint, that explores an externality of a product. Group Presentation Objective: •    To work collaboratively to explore and research one product that is either produced or consumed that creates either a positive or negative externality of consumption or production. •    To use your knowledge of externalities to explain the concept of market failure and illustrate this concept using relevant economic graphs. •    To explain, using real world solutions, how externalities can be internalised, illustrating this concept using relevant economic graphs. •   To evaluate the effectiveness of the internalisation strategies you have identified.

The product you choose to complete this assessment must NOT relate to cigarettes / beekeeping / factory air pollution.

CONTENT:

Your Microsoft PowerPoint presentation should include:

(The following slide pages are examples, you don’t have to follow the same)

•   Introduction

o Slide 1:  Title Page.

o Slide 2:  Identify the students contributing to the video presentation.

o Slide 3:  Identify the product and the externality you will investigate. For example:

education - positive externality of consumption, or hydroelectricity - positive externality of production.

•   Part A

o Slide 4:  Define the term ‘externality’ .

o Slide 5:  With reference to your chosen externality, identify the third party involved and explain the spillover cost or benefit.

o Slide 6:  Research and explain the extent of the spillover cost or benefit by providing some relevant, up-to-date research. For example: research data on the benefits of

educating young people up to the age of 18 years of age in NZ /research data on greenhouse gases in NZ. Acknowledge the source of this research in your

presentation.

•   Part B

o Slide 7:  Define market failure.

o Slide 8:  Graphically represent the externality of your product. Clearly label all relevant parts of your graph.

o Slide 8:  Explain, with reference to your graph, the market failure occurring.

•   Part C

o Slide 9:  Graphically represent government internalisation of externality, explain the method of internalisation refer to the graph.

o Slide 10:  Explain the advantages and disadvantages of the above method of internalisation.

o Slide 11:  Research and explain a second method of internalisation that currently use or could be used by the government to internalise the externality.

o Slide 12:  Explain the advantages and disadvantages of the second method of internalisation.

•   Reference List

o Microsoft Word File: Provide a reference list using APA format (7th  Edition) for your   sources of information. This Microsoft Word File also needs to be submitted to Teams Assignment.

o Final Slide:  Copy and paste the reference list using APA format (7th  Edition) from the Microsoft Word File to the last slide of your Presentation.

MICROSOFT POWERPOINT VIDEO (MP4): Your video should:

•     Include a narrative from all members of the group. Every member of the group must present on the video.

•     State the name of the group member presenting on every slide.

•     Use a common theme throughout your PowerPoint presentation. Save your PowerPoint file in your Teams - Group Presentation channel to allow all members of the group to access the   same PowerPoint.

•     Include images / research data / news articles - all sources should be acknowledged. Use Unsplash or Pixabay to find suitable images that do not require attribution.

•     Include relevant economic graphs, you need to draw the economic graphs digitally and cannot screenshot from of any the material.

•     Provide at least two pieces of relevant, up-to-date research related to the externality you have chosen. For example: economic data or newspaper articles.

•     Use topic related economic language.

•     Use proper presentation skills, use appropriate annotation or animation.

•     Include a Reference List acknowledging the source of your information, using APA format (7th Edition). At least two sources are required in your reference list.

Length:

Your presentation should be between 4-8 minutes - no longer.

Research:

•    All students have free access to the NZ Herald Premium edition while using internet access at school:https://www.nzherald.co.nz/

MICROSOFT WORD REFERENCE LIST: Microsoft Word should:

•     Include a reference list using APA format (7th  Edition) for your sources of information.

RECORDING IN MICROSOFT POWERPOINT

Check that your ribbon in PowerPoint includes RECORD on the ribbon.

Record Tab

If your ribbon does not have the RECORD function go to:

   File

   Options

   Customise Ribbon

   Tick - Record

GROUP FORMATION & GUIDELINES

•    Your teacher will not entertain any request for group members to change. One of the objectives of the assignment is to learn to work with members of a team to complete a piece of collaborative

work.

•    Your group should allocate tasks and share the workload.

•    You must upload your Microsoft MP4 file and Microsoft Word file into Teams - Assignment by the deadline.

•    Your group will be assessed on the Microsoft MP4 file submitted in Teams Assignment.

•    Read the RUBRIC mark scheme carefully - this states how you will be assessed.

SUBMISSION DETAILS

•  Upload your Microsoft MP4 file and Microsoft Word into the Assignment set up in Teams.

•  Late submissions will be penalised.

24 hours late	10%
48 hours late	20%
72 hours late	30%
More than 72 hours late	0%