-Options Week Reflection-
This week was Options Week. We learnt about public speaking, interviewing and surveying. The week was to prepare us for our options trails on Friday. The options trail was a day where we had to interview and survey people as a part of our team project. Our team’s theme was Money & Business and we focused on Australia’s economy and retail within Melbourne. Our options trail consisted of three main parts, Interviewing, Surveying and Observing/Auditing. We started by visiting the Spencer Street Outlet Centre and taking notes on the shops that were there (the number of customers, prices, brands, level of quality). After this, we visited the shops at Crown Casino and compared them to the shops that we had just visited. We found that the Crown shops were much more expensive and the items were generally better quality. The shops were much less busy and were often empty. We also did lots of surveys with normal people and shop workers. Then we went back to school and interviewed Mr. Wittick about Australia’s economy. He gave us lots of interesting information and explained a lot to us. Afterwards, we went to Melbourne Central where we did more surveys and observed the shops.
Do you think Australia’s economy will improve or worsen in the years to come?
The question i chose to write about was whether or not i think Australia’s economy will improve or worsen in the future. I chose this question because I felt that we were able to gain a lot of information about it from our options trail interviews, surveys and observations.
In the weeks leading up to the options trail, we did a lot of research about Australia’s economy and money in Melbourne. I took notes from lots of articles about Australia’s imports, exports, living costs and transport. Reading these made me think that Australia’s economy is very stable, especially in comparison to many other countries.
On the day of our options trail, we gathered a lot of data by surveying shop workers and the general public. We found that most people thought our economy was reasonably stable and most said that they think the economy effects them personally. We also interviewed Mr Wittick, one of the uni high economics teachers. He talked to us for almost half an hour about Australia’s economy and how it works. He seemed quite positive about Australia’s economy and said that our economy will be fine in the future if we keep working and exporting.
After all the time we spent learning about the economy, I have come to the conclusion that I personally think Australia’s economy will improve in the years to come. Our country is a great place to live and work in and I think there will always be a high demand of overseas workers and students wanting to come to Australia prepared to work hard for us. Therefore I think Australia’s economy will improve in years to come.