HI5003 Economics for Business

 

STUDENT ASSESSMENT OVERVIEW

 

ASSESSMENT TYPE	DUE DATE		WEIGHT	LENGTH
Tutorial and /or seminar activity	Weekly	individual	10%
	contribution
	Week 6 – Upload Soft		15%	1000 words
Individual Paper	copy  on  BB  By  FRI
	5pm
	Week  10	–  Upload	25%	2500 words
Group Assignment	Soft copy on BB By FRI
	5pm
Final Exam	Exam Week		50%	2 hrs and 10 minutes

Tutorial and Seminar Activity

Students need to come prepared in the class for the relevant topics covered during each week and engage themselves. These marks are rewarded to students on the basis of their attendance, weekly discussion and attempting some short quizzes both written and oral during the semester.

Individual and Group Assignments

Your assignment must be completed and submitted on time in the prescribed format and via the online Safe Assign portal. Late penalties will apply to overdue assignments.

 

HI5003 Economics for Business

 

Business Presentations

You are expected to arrive for any presentation ahead of time. If you are late for your presentation, you may not be eligible to present and may not receive any marks. Where a business presentation involves a group, it is expected that all group members are present. Unless your lecturer advises otherwise, students are expected to dress in business attire. NOT APPLICABLE TO THIS UNIT

 

Class Tests - NOT APPLICABLE TO THIS UNIT

Final Examinations

Each trimester concludes with the final examinations that are held during a designated examination period. You are expected to be present for the final examinations, which are held during Examination Week, the exact dates/times and venues are announced via your Blackboard. For each subject you will be allocated a designated seat in one of the examination venues. Your examination venue and seat will be confirmed by the end the teaching period of each trimester via your Blackboard.

STUDENT ASSESSMENTS DETAILS

 

 

1. 
   

   Tutorial and/or seminar activity: Discussion of Issues

   
   

ASSESSMENT

 

Weighting:                       10%

1

 

Every lecture session begins with a discussion of Issues in Economics for Business.

 

You will be assessed on the frequency (how many) and quality (how good) of your contributions to those discussions over the trimester.

 

TOTAL

10%

 

2. 
   

   Individual Paper Assessment criteria

   
   

 

	Due:	Week 6 (FRI 5pm)	ASSESSMENT
	Weighting:	15%
	Length:	Maximum 1000 words	2
	Newspaper Analysis (Written report):		15%

 

 

• Choose ANY One topic from the following list:

 

• Australia’s stand on Renewable energy

 

• Demand and supply of ANY resources in Australia which includes human resource also

 

• Oligopoly, Monopoly and Duopoly structures in any ONE or TWO industries in Australia and its affect in the market

 

• Growth in Australian Agricultural sector for Export market

 

• Costs of Production in any one or two industries in Australia

 

 

• Evaluate your chosen topic from economic perspectives. You should include

The essence of the story (1 to 2 paragraphs): Introduce the issue, who is interested in it and why.

The economic analysis (3 to 4 paragraphs): Explain how you can present the issue in terms of economic concepts and theories you have learnt in class.

Explain your view (2 to 3 paragraphs): Explain what actions you would recommend to the key players and/or policy holders.

Explain how the above analysis supports your conclusion (1 to 2 paragraphs).

• You may provide graphs/charts/diagrams where necessary to enhance your presentation style.

 

• Students need to submit ONLY the SOFT COPY of the assignment and upload on BB by that time.

 

• References (between 4 to 6 which includes academic and news and media)

 

 

 

Marking Criteria

• Critical thinking skills

 

• Clarity of writing and ability to express your ideas

HI5003 Economics for Business

 

• Ability to use economic concepts and theories in the context of the news article.

 

 

 

TOTAL

15%

 

3. Group Assignment: Assessment criteria

 

Due:	Week 10 (FRI 5 pm)	ASSESSMENT
Weighting:	25%
Length:	2500 Words	3
Group Assignment (Written report):		25%

 

1. Organize yourselves into groups by Week 2 and give your group details to your lecturers. Each group is to have Four or Five members depending upon the class size.

 

2. This group assignment’s will be assessed on the basis of the following criteria:

 

• The current research on the topic

 

• Analysis of the topic and the application

 

• Student’s showing their understanding and current debate by different governments, economists and the industry.

 

3. Choose any ONE topic out of the following list:

 

• Industry reforms in Tourism, Meat and Livestock, Agriculture and hospitality in Australia. Choose any one industry out of these and discuss the reforms in that industry.

 

• GDP and Economic growth in Australia last 5 years

 

• Unemployment during last 5 years and its effect on Australian economy and government policy towards reducing unemployment

 

• Fiscal Policy of Current Australian Government

 

• NBN policy of Australian government and its issues

 

 

 

4. Following is the structure of the essay:

 

• Introduction 300 words

 

• Body 2000 words discussing and analyzing the research and the application

 

 

 

HI5003 Economics for Business

 

- Conclusion 200 words. Final comments on the topic and group’s findings (Pl
see the list of topics and structure under additional readings)
- References may be 6 to 8 both academic and media/news
TOTAL
The use of Harvard referencing is expected and will be assessed.	25%
Students need to submit ONLY the SOFT COPY  of the assignment and
upload on BB by that time.

 

 

 

4. Final Examination Assessment criteria

 

		ASSESSMENT
Weighting:	50%
Length:	2 hours and 10 minutes	4

 

The final examination will be drawn from the material presented in lectures. In preparation you should find the discussion issues from each of our formal sessions useful in assessing your own preparedness for the examination.

 

More detail will be provided during the trimester.

 

The exam is scheduled during the regular examination period. It is a CLOSED BOOK EXAM

 

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