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Here's a great video looking at the world's two largest economies and the divergent paths they may be on.In general the US looks to be thriving economically with China facing many significant challenges. In any
case as many Snr students approach Unit 3 - international economics, this video may help explores concepts such as factor endowment,
global trade, competitive and comparative advantage and of course trade policy. Much of this of course adds insight to very substantial
questions regarding Australia's level of reliance on trade.
This looks to be another excellent conference put on by UQ exploring the importance of the Humanities in shaping well-rounded, culturally
adaptable students in an AI-driven world.
From UQ:
This one day event will focus on the importance of Artificial Intelligence in the Humanities and the Arts, highlighting the intersection of religion, English, history, language, music, and the arts. We’ll discuss how these subjects enhance critical thinking, cultural intelligence, and adaptability in an AI-driven future. Participants will explore barriers and enablers of students’ learning experiences,
reinforcing the message that even in an age of AI, the future is human.
Event Date:
23 Janurary 2025: 9am to 3pm
Registration: 1 October 2024–21 January 2025
The Economics Society of Australia has shared a wonderful paper on the destinations of Economics graduates. They are also holding a keynote speaking webinar in November with Professor Ian Li of Curtin University.
From ESA
How do economists fare in the job market? Are declining enrolments in high school and university driven by poor labour market outcomes
for economics graduates?
This study examines the labour market outcomes of Australian economics graduates, at the bachelor and postgraduate levels. We observe
strong employment prospects for graduates in economics after graduation, in terms of full-time employment and salaries. Obtaining a
postgraduate qualification appears to pay off, with master’s and PhD graduates experiencing more favourable employment outcomes than
bachelor’s graduates. Substantial proportions report being overqualified for their jobs although this proportion is comparable to those
reported for the broader Australian graduate labour market. Reassuringly, those initially overqualified transition out and
over-qualification reduces in the longer term. Most economics graduates become economists, but many others enter a wide array of other
occupations. Of those who start out in non-economist professions, there is a 42 per cent chance that they transition to economist roles
after 2.5 years. In summary, an economics degree leads to favourable employment and earnings and should still be considered an attractive
choice for prospective students.
The full
paper is here,
with webinar registration below.
There are many advantages for teachers who are members.
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