To help you develop your monetary policy decision, we’ve brought together a series of team resources.
To compete in the Monetary Policy Challenge, teams need to understand what price stability, inflation (and deflation) are, and how monetary policy acts to control inflation in the New Zealand economy.
When setting monetary policy it is important to consider what the future path of the economy might look like. Economists use forecasting to build up a picture of how demand and inflation pressures may evolve in the future.
This section explains some of the economic terms you're likely to come across while participating in the Monetary Policy Challenge. It also provides some tips on understanding and using statistics.
The following materials will assist you in developing your team’s decision and online presentation slides:
Policy assessment considerations - A basic guide to setting out the analysis for your decision that identifies some key areas you should include.
Judging criteria for presentations
Presentation tip sheet - These tips can help fine-tune your presentation skills and ensure your Power Point slides are of a high standard.
National final presentations - See examples of previous Monetary Policy Challenge presentations.
The data provided will help you formulate your Official Cash Rate decision and policy assessment.