On 24 February, the Economics students in Years 11 and 12 participated in a seminar with the Reserve Bank of Australia. Two RBA economists, Emma Chow and Jack Harden presented on the role of the RBA in the economy, the current performance of the Australian economy as well as their own career paths that have taken them to the RBA. They were able to share their own insights as well as the thinking of the bank regarding such important topics as the direction of interest rates, the impact of the Trump administration on global trade patterns and the future of manufacturing here in Australia.
They were also able to explain the balancing act that the RBA tries to achieve between managing inflation on one hand whilst still trying to achieve full employment on the other. Our students then had an extended period where they were able to ask Emma and Jack a wide range of questions concerning many aspects of the bank as well as their own careers. Emma and Jack were very down-to-earth presenters and related well to our students. It was inspiring to hear that they have both come from backgrounds not too dissimilar to our own students and now enjoy roles at such a prestigious institution.
Students came away from the seminar with a new appreciation of the RBA as well as a better understanding of the importance of economics in their lives.
Mr Craig Moore – Junior Sub School Leader | Economics