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RBA Competition

RBA Competition 2011

The UNSW Economics Society (EcoSoc) is running an essay competition for students studying Economics at any accredited university in Australia in 2011. The competition is run by EcoSoc in conjunction with our sponsor, the Reserve Bank of Australia. With not only cash prizes on offer but also the chance to work at the Reserve Bank of Australia, you should apply today! Entries close 11.59 pm (AEST) on Friday 26th August, 2011.

The Question:

The Economics of Natural Disasters

There have been a number of major natural disasters domestically and abroad in 2011. In addition to the significant human and social consequences of natural disasters, there can also be notable effects on the broader economy. Essays should:

(a) provide an overview of the aggregate economic impact of natural disasters, distinguishing between the short-run and long-run effects on the economy, including consequences for the capital stock, productivity, economic growth, and inflation; and

(b) discuss the implications for monetary and fiscal policy

Prizes:

First Prize: $1500

Second Prize: $750

Best Entry from a First Year Student: $500

Highly Commended: Certificate(s) of Commendation

Encouragement Awards: Certificate(s) of Encouragement

Words of Encouragement:

“The competition is an important way to encourage new interest and talent into the field of economics in Australia. We hope that students researching these topics will gain insights into the issues facing policy-makers today and will want to extend their economic studies”

                                                                       Mr Glenn Stevens
Governor, Reserve Bank of Australia

Downloads:

Click here for the RBA Economics Competition Information Kit 2011

Contact Us:

If you have any questions, please first read the detailed information set out in the Competition Information Kit. If you still have questions, email Auvik Pal.

Send completed submissions to: