Demonstrate excellent understanding of and explain financial markets in Australia and internationally and the financial institutions that operate in these markets. Demonstrate excellent analysis on how interest rate adjustments impact USA and Australian banking systems More than adequate research on the impact of interest rate adjustments on USA/Australia banking system. More than adequate justification for statements Demonstrate outstanding understanding of and explain financial markets in Australia and internationally and the financial institutions that operate in these markets. Demonstrate outstanding analysis on how interest rate adjustments impact USA and Australian banking systems Extensive and relevant research on the impact of interest rate adjustments on USA/Australia banking system. Well-supported, insightful and original statements

Level 5 (HD) Demonstrate outstanding understanding of and explain the term structure of interest rates the main instruments of money and capital markets. Demonstrate outstanding analysis on the impact of changes in official interest rate in the USA and in Australia. Extensive and relevant research on interest rate adjustments in USA and in Australia. Well-supported, insightful and original statements. Demonstrate an understanding of and explain financial markets in Australia and internationally and the financial institutions that operate in these markets. Demonstrate an understanding of and explain financial markets in Australia and internationally and the financial institutions that operate in these markets. Failure of understanding of and explain financial markets in Australia and internationally and the financial institutions that operate in these markets. No analysis on how interest rate adjustments impact USA and Australian banking systems Limited or irrelevant research on the impact of interest rate adjustments on USA/Australia banking system. No justification for statements

Level 3 (CR) Demonstrate good understanding of and explain the term structure of interest rates the main instruments of the money and capital markets. Demonstrate good analysis on the impact of changes in official interest rate in the USA and in Australia. Adequate research on interest rate adjustments in USA and in Australia, Adequate justification for statements Level 4 (DI) Demonstrate excellent understanding of and explain the term structure of interest rates the main instruments of the money and capital markets. Demonstrate excellent analysis on the impact of changes in official interest rate in the USA and in Australia. More than adequate research on interest rate adjustments in USA and in Australia. Well-supported statements.

APPENDIX 2 Rubric - Group Assignment-Impact of Interest Rate Changes in USA and in Australia L03 Demonstrate an understanding of and explain the term structure of interest rates the main instruments of the money and capital markets. Below Expectations Level 'I (NN) Failure of basic understanding of and explain the term structure of interest rate the main instruments of the money and capital markets. No analysis on the impact of changes in official interest rate in the USA and in Australia. Limited or irrelevant research on interest rate adjustments in USA and in Australia No justification for statements Meets ExpectationsLevel 2 (PA) Demonstrates basic understanding of and explain the term structure of interest rates the main instruments of the money and capital markets. Demonstrate some analysis on the impact of changes in official interest rate in the USA and in Australia. Basic research on interest rate adjustments in USA and in Australia. Basic justification for statements

Max mark Introduction 1 US Federal Reserve increase in official interest rate 5 Reserve Bank of Australia increase in official interest rate 5 Justification in increasing interest rates 3 Conclusion 1 Referencing and supporting technical indicators 3 Discretionary (e.g. Spelling, grammar, presentation, etc.) 2 Total 20 marks

Instructions Refer to the Unit Outline for instructions under Assessment Strategy and Rationale. Read Appendix Two — Rubric Criteria. You research essay will need to have the following structure and framework: 1. Introduction. 2. Body of your essay-various paragraphs to construct your arguments and develop analytical analysis. 3. Conclusion. 4. Harvard Referencing System. The assignment has to be typed, double-spacing. Note: Students may be subject to academic dishonesty review and subsequent consequences if the turnitin similarity index is relatively high, say over 20%, depending on the sources of the similarities.