SU Macroeconomic Impact of COVID-19 in Australia Essay

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TaskYou are required to: Assess the macroeconomic impact of the COVID-19 pandemic on the Australian economy.Your essay can include the following illustrative features: Up to two (2) figures (diagrams, graphs, or tables) in total. You can use a mixture of diagrams, graphs, and tables provided the total number is no more than two. You can include more than one variable in a graph or table. You must produce your own figures rather than “cut and paste” from other sources.

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ECON7021 Individual Assignment Part 2
Macroeconomic Impact of COVID-19 in Australia
Assessment Task
Analyse the macroeconomic impact of the COVID-19 pandemic for Australia
Weighting
15% of course (100 marks reweighted to 15%)
Word Limit
700 words excluding cover sheet and reference section
Due Date
8 October 2021, 5 pm
Marking Rubric
Blackboard > Assessment > Individual Assignment > Individual Assignment
Part 2 > Marking Rubric
Submission
Turnitin via course Blackboard site (see details on page 5)
Academic Integrity
UQ has strict rules against cheating, including “colluding with other students
on individual assessment items”. You must read and be familiar with these
rules. (Please refer to PPL 3.60.04 Student Integrity and Misconduct)
Context
The COVID-19 pandemic has forced most countries to pursue social distancing practices, close
borders for international travel, and shut down business venues such as cafes, restaurants, gyms,
and cinemas for public gatherings. As a result, governments and central banks worldwide have
taken various policy actions to limit the contraction of their economies and speed up their recovery.
The International Monetary Fund’s (IMF) World Economic Outlook Update for July estimated global
economic growth for 2020 at -3.2% (compared to a 0.1% global contraction during the 2009 Global
Financial Crisis). In April’s World Economic Outlook, the IMF called the contraction “unprecedented
in living memory in its speed and synchronised nature”.
The World Economic Outlook Update projects the world economy to grow by 6% in 2021.
However, the IMF notes unequal vaccine access is splitting the recovery into two blocs: “those that
can look forward to further normalisation of activity later this year (almost all advanced economies)
and those that will still face resurgent infections and rising COVID death tolls”. The IMF also
caution that their projections are dependent on the pandemic path, adequate fiscal and monetary
policy support to “provide a bridge to vaccine-powered normalisation”, and financial conditions.
1
Task
You are required to:
•
Assess the macroeconomic impact of the COVID-19 pandemic on the Australian economy.
Your essay can include the following illustrative features:
•
Up to two (2) figures (diagrams, graphs, or tables) in total. You can use a mixture of
diagrams, graphs, and tables provided the total number is no more than two.
•
You can include more than one variable in a graph or table.
•
You must produce your own figures rather than “cut and paste” from other sources.
PLEASE NOTE: You must use the assignment template on Blackboard > Assessment >
Individual Assignment > Individual Assignment Part 2 > Assignment Template.
The formatting requirements are:
•
Font type: Arial
•
Font size: 11
•
Line space: 1.5
•
700 words excluding the cover sheet and references
•
Referencing style: UQ Harvard
The assignment template includes the cover sheet. You must include this cover sheet with your
submissions. A penalty will be applied if you fail to do so.
Do not write your essay on the cover page. Instead, the first page of your essay should be the
page after the coversheet (as it is in the template).
2
Assignment Structure
The following is your guide to researching and writing your essay.
1. Macroeconomic impact of COVID-19 in Australia (Maximum 700 words)
Use economic models and theories covered in this course (e.g., AD-AS model and neoclassical
growth model) to explain how the COVID-19 pandemic affects the demand and supply side of
the Australian economy.
TIPS:
•
You could discuss the Australian government’s non-economic responses to the
pandemic (e.g., social distancing and closing the international borders) and how it
affects the economy.
•
You could contrast the economic effects of different shocks (COVID-19 versus Global
Financial Crisis) by comparing different indicators (e.g., GDP growth and
unemployment) at the “peak” of the crisis.
2. References
References and citations must be in UQ Harvard style.
TIPS:
•
Use various sources (rather than just one or two) and use credible sources, e.g., official
government websites and the World Bank’s WDI indicators.
•
Consult the UQ Harvard referencing style guide.
•
You must reference sources that you use for your text, graphs, or tables.
•
You must reference even when you have paraphrased the original content.
•
If you directly quote the original content word by word, it must be in quotation marks.
•
When to paraphrase and when to quote? This guide from the University of Adelaide
may be helpful to you.
3
Accessing Data
Your primary data sources should be:
(a) Australian Government agencies and central bank, such as:
•
Australian Bureau of Statistics
•
Reserve Bank of Australia
•
Australian Treasury
(b) Multinational agencies, e.g., The World Bank, United Nations, IMF, Bank for International
Settlements.
Data from secondary sources may be used as a supplement only if those data are not available
from any primary sources. Using non-primary data can lead to loss of marks when primary
source data is available.
The World Bank’s World Development Indicators (WDI) database contains most national data
collected by national and multinational agencies, and you may use it as a primary data source.
Here are some YouTube tutorials on how to extract data from the WDI:
https://www.youtube.com/watch?v=JGJhI_YqFuI (7 March 2019)
https://www.youtube.com/watch?v=f_B1t4BRQ94&t=64s (22 September 2018)
https://www.youtube.com/watch?v=MKANl-ZWUTY (9 March 2017)
PLEASE NOTE:
•
Do not falsely claim that specific data are not readily available from a primary source
without doing your due diligence. Only national or multinational agencies have the
capacity to collect data at the national level (e.g., GDP and unemployment rate).
Therefore, it is doubtful that these data are available from a secondary source but not
from a primary source.
•
If you use data from a source (e.g., a report) that indicates it drew the data from a
government statistical bureau, your data is from a secondary source, not a primary
source. However, if you go to the government statistical bureau and extract the same
data (and verify what you read is indeed accurate), then it is considered to have come
from a primary source.
•
WDI data are on an annual basis. For monthly or quarterly data, you need to access
statistics directly from the country’s statistical bureaus.
4
Submitting Your Assignment
•
Your essay must be submitted as a Microsoft Word document through Turnitin on
Blackboard to check for plagiarism. While most instances of plagiarism are unintentional
(e.g., forgot to close a quotation mark), the originality report will reveal any form of
plagiarism (intentional or unintentional).
Your essay should have a similarity index value of 15% or less. From the originality report,
the marker will check whether any part of your essay is potentially plagiarised from other
sources. Therefore, you should carefully review the originality report before your final
submission.
•
After uploading your essay, you must click on the Submit to Turnitin button. Due to a
recent Turnitin update, you will no longer receive email copies of submission receipts.
Instead, download your digital receipt in your Assignment inbox to confirm successful
submission (refer to the Turnitin Student guide). UQ ITS rule: No digital receipt, no
submission.
•
The deadline for submission is based on the time your assignment has been successfully
uploaded on Turnitin as recorded by Turnitin, not the time you tried to upload it.
•
Many students fail to meet the deadline because they have internet connection problems
on their side, but they mistake it as an IT problem of UQ. If UQ has any internet connection
problems, there will be a record of it.
•
The only way to guarantee not missing the deadline is to submit your assignment well
before the deadline.
•
Having more in-text citations and references will reduce the number of words for the main
body. But having too few in-text citations and references will lessen the credibility of the
essay. Therefore, you need to balance the two.
•
There is a penalty if the number of words exceeds the word limit (see Rubric for details).
Where the number of words exceeds the limit, then besides the penalty as specified in the
Rubric, the marker will not read the words over the word limit before the Reference section.
5
Outstanding (5)
Good (4)
Meets Expectations (3)
Below Expectations (2)
You provide a basic comparison of the
economic situation before and after the
pandemic, and a basic explanation of
the role of the pandemic.
You provide a limited comparison of
Does not meet ‘below expectations’
the economic situation before and after criteria or evidence of plargarism.
the pandemic, and a limited
explanation of the role of the pandemic.
30
Your use of figures, data, facts,
citations to support your argument is
sufficient.
Your struggle with using appropriate
Does not meet ‘below expectations’
figures, data, facts, citations to support criteria or evidence of plagiarism.
your argument.
20
You demonstrate a limited
Does not meet ‘below expectations’
of economic models and theories from understanding of economic models and understanding of economic models and criteria or evidence of plargarism.
the course and how they can be
theories from the course and how they theories from the course and how they
applied to this task.
can be applied to this task.
can be applied to this task.
30
10
You provide a coherent, logical and
Macroeconomic
impact of COVID- insightful comparison of the economic
situation before and after the
19 in Australia
You provide a coherent and logical
comparison of the economic situation
before and after the pandemic, and a
pandemic, and an excellent explanation good explanation of the role of the
pandemic.
of the role of the pandemic.
Figures, data and Your use of figures, data, facts and
citations to support your argument is
facts
excellent and spot-on.
Your use of figures, data, facts,
citations to support your argument is
good.
Serious Fail (1)
Economic models You demonstrate a comprehensive and You demonstrate a good understanding You demonstrate a basic
thorough understanding of economic
models and theories from the course
and how they can be applied to this
task.
% Weight
Writing and
presentation
Your writing is fluent and lively,
complemented by correct grammar and
spelling throughout. There are obvious
and logical connections between your
discussion points, enhancing the
structure, synthesis and readability of
your essay. Your essay is
professionally presented and submitted
in an entirely appropriate format.
No/negligible errors are present.
Your writing is fluent but not always
interesting, complemented by mostly
correct grammar and spelling
throughout. There are obvious
connections between your discussion
points, adding to the structure,
synthesis and readability of your essay.
Your essay is professionally presented
and submitted in an appropriate format.
At most one or two minor errors are
present.
Your writing flows well in most places
but is not always interesting. Mostly
correct spelling and grammar are used
throughout, with minor errors and the
occasional major error. Ideas/themes
have been developed, but connections
are not always obvious. This
sometimes impacts the flow and
readability of your essay. The
formatting of your essay is appropriate
but some improvements would improve
its presentation. A few errors are
present.
Your writing tends to be disjointed.
Does not meet ‘below expectations’
Spelling and/or grammar is consistently criteria or evidence of plagiarism.
incorrect, hindering your essay’s ‘flow’
and readability. The formatting of your
essay is not consistent and has a lot of
room for improvement. Several errors
are present.
Adhering to
instructions
Your essay strictly follows all the
instructions in terms of word count, the
cover sheet, the total number of figures,
etc.
Your essay fails to follow the
instructions on one of the following
items: the word count, the cover sheet,
the total number of figures, etc.
Your essay fails to follow the
instructions on two of the following
items: the word count, the cover sheet,
the total number of figures, etc.
Your essay fails to follow the
Does not follow four or more
instructions on three of the following
instructions or evidence of plagiarism.
items: the word count, the cover sheet,
the total number of figures, etc.
5
Referencing
Citations/referencing is clear and
consistently accurate, and in the UQ
Harvard style.
Citations/referencing is relevant and
mostly accurate. Citations/references
are consistent with the UQ Harvard
style.
Minor inconsistencies & inaccuracies in
the citations/referencing.
Citations/references are largely
consistent with the UQ Harvard style.
Citations/references are present but
have significant inconsistencies and
inaccuracies and/or are not consistent
with the UQ Harvard style.
5
Citations/referencing are seriously
inaccurate or absent.
ECON7021 Individual Assignment Part 2
Macroeconomic Impact of COVID-19 in Australia
COVER SHEET
Name:
Student number:
Declaration:
I, ___________________________________, hereby declare that this report is my own work and
all materials from other sources are fully and properly referenced.
I, ___________________________________, hereby declare that I have completed Parts A and B
of the UQ Academic Integrity Modules (AIM).
Word count (excluding this cover sheet and Section 2 References):
1
1. Macroeconomic impact of COVID-19 in Australia
2. References
2
Business Information Systems
Lecture 1
1
Acknowledgement
of Country
RMIT University acknowledges the people of the Woi
wurrung and Boon wurrung language groups of the
eastern Kulin Nations on whose unceded lands we
conduct the business of the University. RMIT
University respectfully acknowledges their
Ancestors and Elders, past and present.
RMIT also acknowledges the Traditional Custodians
and their Ancestors of the lands and waters across
Australia where we conduct our business.
Teaching Team
Course
Coordinator
Tutors
Illiya Ananiev
Bianca Ananiev
Dr Carmine Sellitto
Dr Elizabeth Tait
Course Support
Officer
Judy Tolson
Mojdeh Shirazi-Manesh
Adrian van Raay
Corinna Box
•
•
3
Steven Wolff
Caroline Mahon
Did You Know? Preparing for the New, Global
Economy

Slide4 4
ISYS 2056
Foundation course in all
Bachelor of Business Degrees
Slide5 5
Course Outcomes
Upon successful completion of this course, you will be able
to achieve the following course outcomes:
• Use business analysis tools and models built in standard
desktop applications to enhance problem understanding,
design of usable systems and decision quality.
• Apply a range of technologies and data visualisation
techniques to effectively communicate business
recommendations to intended audiences
• Critically analyse global information systems issues with
a view to designing solutions that adhere to professional
and ethical standards.
Slide6 6
How much Time/Effort?
FOR EACH TOPIC:
1. ONE hour Lecture
2. TWO hours Workshop
3. At least FOUR hours reading/activities
(including preparatory reading and selfchecking exercises)
4. Another THREE hours assessment preparation
Invest TEN hours per topic
Hopeful Return on Investment: High Distinction
7
A typical BIS week
Practical
Workshop
Homework
8
Assessment Tasks
•
Assessment task one Week 6- 30%
? The assessment covers weeks 1-5 lectures and workshops
•
Assessment task two
? business report- April 30th 30%
? The assessment covers weeks 1-7 lectures and workshops
•
Assessment task three Week 12
? online assessment with 40%
? The assessment covers weeks 6-11 lectures and workshops
Slide9 9
Digital Learning Materials
•
Course website
? Lecture notes
? Workshop materials
? Additional readings if appropriate
•
Internet
? Explore the available of specific digital resources when required.
Slide1010
IT Application Tools
•
Excel 2013 or other versions
? Get to know Excel at https://edu.gcfglobal.org/en/excel2016/gettingstarted-with-excel/1/
? This is covered in details in the workshops in weeks 2-5
•
Access
? Get to know Access at https://support.microsoft.com/en-gb/office/videoget-to-know-database-objects-020bfb91-394e-4555-84a4-5b0fd673e6d6
? This is covered in details in workshops in weeks 8-11
Slide1111
Business Information
Systems
INTRODUCTION:
IT for Business
12
The Role of IT in Business – Today
•
•
•
•
•
•
•
Creating office documents, maintaining schedules etc
Allowing employees to communicate with each other and with
customers/suppliers
Capturing business transactions
Providing information about an organisation’s business operations
to support and assist managers
Evaluating options to help managers make decisions
Emulating human expert decision-making
Monitoring the competitive environment for strategic planning
Slide1313
Data, Data Everywhere!
• Ability to analyse
more data
Volume of
data
gathered
every minute
Source:
https://www.
domo.com/le
arn/dataneversleeps-7
• Data comes from
lots of different
sources and
different formats
• Data can be
‘mashed up’ and
used in new ways.
• Concerns about
ethics/privacy
14
The contribution of digital technologies to the
Australian economy is forecast to grow from $79
billion in 2014 to $139 billion in 2020… To
position the Australian economy to take full
advantage of the opportunities presented by new
technologies, we must ensure that the
workforce is equipped with the ICT skills
required for innovation and growth.
Australia’s Digital Pulse 2016 Deloitte
15
A Changing
information
Landscape
•
•
•
•
•
•
16
Recognition of the importance and
value of information/data as an
organisational asset
‘Self-Service’ approach
Relevant, timely and contextualised
Information to support decisionmaking
Presentation and sharing of data with
key stakeholders
Governance, security and regulatory
issues
Data Management and Curation
Graduate Employment
Attributes
17
But I don’t like technology…
Don’t do this…
18
Business Information Systems in Society
https://theconversation.co
m/heat-detecting-dronesare-a-cheaper-moreefficient-way-to-findkoalas-140332
https://theconversation.com/bann
ing-news-links-just-days-beforeaustralias-covid-vaccine-rolloutfacebook-thats-just-dangerous155550
19
The instability of Digital Data
Books- a stable form
of record
Digital Data- unstable
20
Business and Government Challenges
• Businesses increasingly keep
their records digitally
• Government records also
produced and stored
electronically
• How do we ensure these are
preserved and maintained in
the longer term?
21
Challenges
• Storage
• Retrieval
• Standards
• User
Engagement
22
resources
New forms ofand
Participation
23
Visualisations
• New ways of
interacting with
Data
• Engaging wider
audience
• Enhanced
understanding?
http://melbourneurbanforestvisual.com.au/
24
Some
Heroes:
Dan
Bricklin –
Father of the
Spreadsheet
Daniel Singer “Dan” Bricklin (born 16 July
1951).
• While a student at Harvard Business
School, Bricklin co-developed VisiCalc in
1979,
• It ran on an Apple II computer.
• VisiCalc is widely credited for fuelling the
rapid growth of the personal computer
industry.
• VisiCalc allowed the user to change any
cell, and have the entire sheet automatically
recalculated.
• This turned 20 hours of work into 15
minutes and allowed for more creativity.
25
Some Heroes:
Bill Gates –
Co-founder of William Henry “Bill” Gates III (born
October 28, 1955)
Microsoft
• Gates is the former chief executive and
•
•
•
•
current chairman of Microsoft,
Gates is one of the best-known
entrepreneurs of the personal computer
revolution
Gates was an active software developer
in the early years, particularly on the
company’s programming language
products.
Windows – Microsoft launched its first
retail version of Microsoft Windows on
November 20, 1985.
Now more well known for his
philanthropic work
Slide2626
Steven Paul “Steve” Jobs (February 24,
1955 – October 5, 2011) was an American
entrepreneur and inventor, who was the cofounder, chairman, and CEO of Apple Inc.
• Through Apple, he was widely recognized
as a charismatic pioneer of the personal
computer revolution
• During his influential career in the
computer and consumer electronics
fields, he transformed one industry after
another, from computers and
smartphones to music and movies…
Slide2727
Some Heroes:
Steve Jobs –
Apple Visionary
Some Heroes: Tim Berners-Lee – Father of the Web
Sir Timothy John “Tim” Berners-Lee, (born 8 June
1955),
•
He proposed an information management system
in March 1989
•
implemented the first successful communication
between a Hypertext Transfer Protocol (HTTP)
client and server via the Internet sometime around
mid November.
•
Berners-Lee is the director of the World Wide Web
Consortium (W3C), which oversees the Web’s
continued development.
•
He was honoured as the “Inventor of the World
Wide Web” during the 2012 Summer Olympics
opening ceremony.
•
Known for speaking out about ‘fake news’ and
other negative aspects of the Internet
Slide2828
best known as the
inventor of the World
Wide Web.
Mark
Zuckerberg
– Hero or
Villain?
Mark Elliot Zuckerberg (born May 14,
1984) is an American computer programmer
and internet entrepreneur.
• He is best known as a co-founder of the
social networking website Facebook (
Feb 2004).
• Together with his college roommates
and fellow Harvard University students
Eduardo Saverin, Andrew McCollum,
Dustin Moskovitz and Chris Hughes,
Zuckerberg launched Facebook from
Harvard’s dormitory rooms.
• As of April 2013, Zuckerberg is the
chairman and chief executive of
Facebook, Inc. and in 2017 his personal
wealth was estimated to be US$63
billion.
July 12 2019
F.T.C. Approves Facebook Fine of $5 Billion

Slide2929
Jack
Dorsey–
Hero or
Villain?
•
Dorsey attended the University of
Missouri–Rolla for two-plus years (1995–
97) before transferring to New York
University, but he dropped out in 1999 one
semester short of graduating
•
He first came up with the idea that he
developed as Twitter while studying at
NYU
•
In mid 2000 Dorsey and a colleague Biz
Stone decided that SMS text suited a
status-message approach to a business
they were involved in, and built a
prototype of Twitter in about two weeks
In Twitter’s short history, it went from 5,000
tweets per day in 2007 to 500million tweets
per day in 2013
30
Some Heroes: Grace Hopper – Cobol
Grace Brewster Murray Hopper
• (December 9, 1906 – January 1, 1992) was an
•
•
American computer scientist and United
States Navy rear admiral.[
One of the first programmers of the Harvard
Mark I computer, she was a pioneer of
computer programming who invented one of
the first compiler related tools.
She popularized the idea of machineindependent programming languages, which
led to the development of COBOL, an
early high-level programming language still in
use today- a programming language written in
English.
31
Some Heroes: Ada Lovelace
Ada Lovelace 1815- 1852
•
•
•
•
•
English mathematician and
writer
Mostly remembered for her
work on Charles Babbage’s
Analytical Engine
First to recognise the
application beyond
calculcation
Published the first algorithm
intended to be carried out by a
computer
Widely regarded as a visionary
and one of the first to
recognise the potential of
computing
32
Some Heroes: Katherine Johnson
Katherine Johnson (August
26, 1918 – February 24, 2020)
• American mathematician
and writer
• NASA employee were
critical to the success of
the first and subsequent
U.S. crewed spaceflights
• A fictionalised account of
her work was presented in
the in the 2016 film Hidden
Figures.
• In 2019, Johnson was
awarded the Congressional
Medal of Honour.
33
Australian Heroes: Atlassian
Mike Cannon-Brookes and Scott Farquhar
Atlassian is best known for its issue
tracking application, Jira, and its team
collaborationwiki product, Confluence.
The group has over 3,000 employees
serving more than 130,000 customers and
millions of users.
On 10 December 2015 Atlassian made
its initial public offering (IPO) on the
NASDAQ stock exchange under the
symbol TEAM, putting the market
capitalisation of Atlassian at $4.37 billion.
Atlassian Founders Mike Cannon-Brookes
and Scott Farquhar were rated 6th & 5th
richest Australians in 2019
34
34
https://www.afr.com/rich-list
Hero of IT???? -Satoshi Nakamoto Developer of Bitcoin
Satoshi Nakamoto is a pseudonym of
either a person or a group of people
who developed Bitcoin, authored its
white paper and deployed Bitcoin’s
original
reference
implementation.
Satoshi published a paper, titled
“Bitcoin: A Peer-to-Peer Electronic
Cash System” in October 2008 and
released the first software that
launched the Bitcoin network in January
2009. The question of who Satoshi
Nakamoto is has still not been
answered and has generated a lot of
different theories and speculations.

35
35
Challenge
Investigate online the following contributors to the development of the present
world of Business IT . Match the people to their key contribution (draw a
connecting arrow.
Person
Achievement
Abu Abdullah Al-Khwarizmi
Charles Babbage
Edgar Codd
Jack Dorsey
J Presper Eckert
Douglas Englebart
Grace Hopper
Josef Marie Jacquard
Ada Lovelace
Larry Page and Sergey Brin
Blaise Pascal
Richard Stallman
Linus Torvalds
Alan Turing
“Father of the Computer” – built the first mechanical computer
First modern computer language (COBOL) and the term “computer bug”
First programmable loom – forerunner of programmable computers
Developer of the Linux operating system
Often considered the world’s first computer programmer
Co-founders of Google
The inventor of the mechanical calculator
Advocate for the free software movement (open source software)
Mathematician, whose name is associated with the “algorithm”
Known as the creator of “Twitter”
Considered the father of Computer Science and Artificial Intelligence
Inventor of the computer mouse
Inventor of the relational model that underpins the modern database
Co-invented the first general-purpose electronic digital computer (ENIAC)
Slide3636
Thank you- see
you next week!
37
ISYS2056
Business Information Systems
Data Visualisation for good business
decisions
1
Lecture Outline
•
•
•
•
•
The challenge of big data
Data analysis and data visualisation
Data visualisation examples
Visualising and exploring business data using Excel
(Charts, Sparklines, Conditional Formatting, Pivot Tables
and Pivot Charts)
The future of data visualisation
2
Slide
2
Big Data Analytics
3
Slide
3
The Five-Step Approach to Business Problem
Solving
Problem Analysis
Step 1
What kind of problem exists?
Understand The Problem
Step 2
Fact collection to obtain better information
Decision Making
Step 3
The process of selecting the best optional solution
Solutions Design
Step 4
Develop the proposed solution taking physical, logical and
people factors into account
Implement
Step 5
Put the proposed solution into practice. Evaluate the
performance and modify
Slide 4
4
Information Visualisation
In a way, we’re all visual
now. Every day, every
hour, maybe even every
minute, we’re looking and
absorbing information via
the web. We’re steeped in
it. Maybe even lost in it.
So perhaps what we need
are well-designed, colorful
and – hopefully – useful
charts to help
us navigate. (McCandless
2012)
5
Evolution of Data Visualisation
•
•
•
•
•
Humans have a powerful capacity to process visual information.
Since the advent of science, we have employed intricate visual strategies to
communicate data, often utilising design principles that draw on these basic
cognitive skills.
In a modern world where we have far more data than we can process, the
practice of data visualisation has become even more important.
From scientific visualisation to pop infographics, designers are increasingly
tasked with incorporating data into the media experience.
Data has emerged as such a critical part of modern life that it has entered into
the realm of art, where data-driven visual experiences challenge viewers to
find personal meaning from a sea of information, a task that is increasingly
present in every aspect of our information-infused lives.
WATCH IN YOUR OWN TIME
http://www.youtube.com/watch?v=AdSZJzb-aX8 (7.48)
6
Slide
6
Dr John Snow- mapping the Cholera Epidemic 1854
7
Henry Beck- London Underground
8
Information Design
•
A lot of people see design as just a way to make
your graphics look pretty. That’s certainly a part
of it, but design is also about making your
graphics readable, understandable and usable.
You can help people understand your data
better… You can clear clutter, highlight
important points in your data or even invoke an
emotional response (Yao, 2012, p341).
9
The Power of Visualisations
https://informationisbeautiful.net/visualizations/best-inshow-whats-the-top-data-dog/
10
Selfie City http://selfiecity.net
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Visualisations can also be bad…
http://viz.wtf/
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Visualisation in Business; Dashboards
13
Telling stories with Data
https://www.youtube.com/watch?v=jbkSRLYSo
jo
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Data Visualisation
• Data visualisation is the visual representation of data, to facilitate the
exploration of that data, to generate insights that can increase
understanding, and to inform decision making
•
“By visualizing information, we turn it into a landscape that you can
explore with your eyes – a sort of information map. And when you’re
lost in information, an information map is kind of useful”
•
The whole is greater than the sum of the parts
• Identify patterns and themes – Instead of summarising, think about
going from a great variety and volume of data and connecting to
another
Reference: Gary Flake: Is Pivot a turning point for web exploration?
http://www.ted.com/talks/gary_flake_is_pivot_a_turning_point_for_web_exploration (6.25)
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Data Visualisation – What? Why? How?
? what – Data visualisation is not a single tool but rather a set of
techniques which can make use of various tools and services. It
involves displaying data sets in visual, including video, formats.
? why – The aim is to reveal patterns by presenting the data in
particular ways ( eg, by context or business). It underpins the
growing use of infographics, especially in the media, to
communicate key information quickly and in an easily
comprehensible format.
? how – While creating data visualisations traditionally required
sophisticated technical skills, tools including Excel are now
appearing which make it possible for non-specialists to create
these kinds of visualisations.
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16
Data Visualisation to improve Decision-Making
• Interactive charts and graphs improve managers capacity for
effective decision-making and planning. For example, charts and
graphs can improve:
– Descriptive analytics
• Identify areas that need attention or improvement.
• Understand what factors influence your customer.
– Predictive analytics
• Predict which products will be in demand. Know which
products to place where.
• Predict sales volumes.
– Prescriptive analytics
• Discover how to increase revenues or reduce expenses in
the future by adjusting the details of how you run your
business today
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Guidelines for Creating Data Visualisations
•
To generate the best visuals for displaying your data:
? Understand the data you are trying to visualise,
including its volume and variety (the uniqueness of
data values in a column)
? Determine the message you want to communicate
? Know your audience
? Use a visual that conveys the information in the best
and simplest form
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The Beauty of Data Visualisation – David McCandless (TED)
•
•
•
Data visualisation can not only improve your understanding of masses of figures – it can
produce images of great beauty. “Information is beautiful”
You can see figures, relationship and patterns, that scale visibly, easily using your eyes.
“Data is the new soil” “Visualisation is a form of knowledge compression” WATCH IN
YOUR OWN TIME https://www.youtube.com/watch?v=DxqncA9_hP0
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