Submissions are now being called for the 2012 RBA/ESA Essay Competition. The competition is open to undergraduate students studying economics at any accredited university in Austra-lia. The competition is run by the Reserve Bank of Australia, the Economic Society of Australia (ESA), and the UNSW Economics Society.
The RBA/ESA Essay Competition provides undergraduate students with an opportunity to develop analytical, communication and research skills. In addition, entrants are given a chance to demonstrate these skills to potential employers.
Submissions for the competition are due by Friday, 24 August 2012, shortly after the mid-year Australian university breaks in July. We encourage students to submit their entries as soon as possible to avoid potential clashes with peak periods in the academic year.
TITLE: CHINA’S ECONOMIC PERFORMANCE
China’s economic growth over the past 30 years has been rapid, with its share of global out-put rising from 2 per cent in 1980 to 13½ per cent in 2010. China has surpassed Japan as Australia’s major trading partner in recent years, accounting for 23 per cent of the value of Australia’s exports and 15 per cent of Australia’s imports in 2010.
What are the main forces driving economic growth in China? Discuss the relative importance of productivity growth, investment and capital accumulation, demographic factors and eco-nomic policy. What are the prospects for future growth and what are the implications for Aus-tralia?
ENTRIES CLOSE: 11.59 pm (AEST) on Friday 24th August 2012
- First Prize: $2 000
- Second Prize: $1 000
- Best Entry from a First Year Student: $500
Note: In the event that a first year student wins First or Second Prize, the ‘First Year’ Prize will be awarded as a Third Prize. The Judging Panel reserves the right not to award some or all of the prizes should entries not be of a sufficiently high standard.
ELIGIBILITY FOR ENTRY: Eligible entrants must be undergraduate students currently enrolled at any accredited university in Australia. Members of the Executive of the Economic Society of Australia, the UNSW Economics Society and those who currently have a direct financial relationship with the RBA are not eligible to submit an entry.
(a) Applicants are required to submit their essays in English.
(b) Essays must be typed in 12pt font with one-and-a-half line spacing.
(c) The author’s student number, but not their name, should appear at the top or bottom of every page of the essay.
(d) Only one entry per person is allowed.
(e) All work must be submitted by individuals, group work is not allowed.
(f) Essays must be referenced to academic standards (including any data used)
(g) The essay must be original and not have been submitted for credit elsewhere. The arguments and ideas in each essay should be well developed. Entrants are ex-pected to include their own ideas and relevant research.
(h) Each essay must be submitted with a completed entry form.
(i) Essays and entry forms must be submitted electronically and in the format of a major word processing software package (e.g. MS Word or Lotus Notes).
(j) Submissions must be e-mailed to: firstname.lastname@example.org.
WORD COUNT: Essays should be no more than 2000 words excluding references, but in-cluding footnotes, tables, charts and appendices. Brevity is valued and the Judging Panel’s decision on this issue will be final.
EVALUATION OF ESSAYS: All entries will be judged on how well the essay addresses the competition question, critical analysis, structure, and writing style. All decisions made by the Judging Panel are final. Please see attached Scoring Sheet as a guideline.
DEADLINE: Entries close at 11.59 pm (AEST) on Friday, 24 August 2012.
PUBLICATION RIGHTS: Submission of the essay gives the Reserve Bank of Australia and the Economics Society of Australia the right to publish the essay on their websites or in print, with due credit given to the author of the essay.
THE JUDGING PROCESS:
(a) All entries will initially be screened to ensure eligibility. The short-listed entries will then be evaluated by the Judging Panel.
(b) A comprehensive and systematic blind marking method will be employed. As such, infor-mation that easily identifies the entrant will not be attached to essays during the marking process.
(c) Short-listed entries will be evaluated by the Judging Panel, consisting of one RBA Economist, one member of the Economic Society of Australia, and two members of aca-demic staff from the UNSW School of Economics.
(d) The entries will be judged on five specific criteria: engagement with the question, struc-ture, critical analysis, conclusion, and writing style as defined in the attached Scoring Sheet.
(e) The Scoring Sheet and Entry Form will be kept strictly confidential by the RBA and by members of the Judging Panel.
(f) The Judging Panel will use its discretion in determining whether an entrant qualifies as a ‘first year student’ if a complication presents itself.
(g) The Judging Panel retains full discretion to disqualify participants who fail to comply with the rules. The Judging Panel reserve the right to refine any of the rules as is seen fit and their interpretation of the rules will be final. Where possible, reasonable notice will be provided to the parties affected.
(h) If you have any questions or concerns about the judging process, please contact us by e-mail as soon as possible to request clarification (email@example.com).
WINNERS: All prize winners will be notified by the end of September 2012. A presentation ceremony hosted by the Reserve Bank of Australia will be held at the bank’s head office in Sydney in October 2012.
Download: entry form
For queries/ submissions: firstname.lastname@example.org