Question

Throughout the whole of this course, we have looked at the insights of many real-world economists. For this task, assume you have been invited to organise an online webinar event for the Economic Society of Australia (ESA), which is the peak professional organisation for economists in Australia.

This is your chance to invite any economist (from Australia or any other country in the world) and interview them on an economic topic of your choice.

The topic must obviously relate to economics, and should be a topic or issue that you have been inspired to learn more about now that you have studied this economics course. This can relate to any of the material that we have covered since the beginning of the course.

(For this particular task, you may choose to source some external information to find out more about the work and biography of your potential guest economist and the topic you are inspired to learn more about. You should include references to any external information sources that you use.)

1. Write a short proposal which outlines the topic of your webinar event. The proposal should describe your topic and explain how this topic is relevant or meaningful to people in today’s society. (2-4 sentences)

2. Prepare a short biography of the economist who you are planning to invite, which highlights the way that their work and expertise relates to the topic. Include a link to a suitable website to the economist’s professional profile page or another suitable website related to their affiliation or work (2-4 sentences)

3. Prepare 3 questions about this economic topic that you plan to ask your guest. (3 sentences)

Answer 1

a) Thank you for providing me with this opportunity, today I'm here to organise a online webinar event for the economic society of Australia and the topic for the event is "The reserve bank policy action and the balance sheet" . This would help people know how banks are dealing with the pandemic that is ongoing in the world and what steps government are taking to overcome the situation.

b) I would like to invite very honourable economists Mr. Raghuram govinda rajan born on 3 feb 1963. He is an Indian economists and the Katherine dusak Miller distinguished service professor of finance at University of Chicago booth School of business. In 2003 and 2006 he was the chief economists and director of research at international monetary fund.From Sept 2013 to Sept 2016 he was 23rd governer of RBI. In 2015 he also became vice chairman at bank for international settlements.

c) Sir I would request you to answer my questions as :

1. How government will improve our gdp rate ?

2. Does any bank policy would help in improving our economic status ?

3. Does government needs to give of all of its share to private sector for maintaining economy?