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ECON1000IntroductoryEconomicsTrimester3A2018SingaporeCampusINT5.pdf
Acknowledgement of Country We respectfully acknowledge the Indigenous Elders, custodians, their descendants and kin of this land past and present. The Centre for Aboriginal Studies aspires to contribute to positive social change for Indigenous Australians through higher education and research.
Unit study package code: ECON1000
Mode of study: Internal
Tuition pattern summary: Note: For any specific variations to this tuition pattern and for precise information refer to the Learning Activities section.
Lecture: 1 x 2 Hours Weekly Tutorial: 1 x 1 Hours Weekly
This unit does not have a fieldwork component.
Credit Value: 25.0
Pre-requisite units: Nil
Co-requisite units: Nil
Anti-requisite units: Nil
Result type: Grade/Mark
Approved incidental fees: Information about approved incidental fees can be obtained from our website. Visit fees.curtin.edu.au/incidental_fees.cfm for details.
Unit coordinator: Title: Dr Name: Andrew Brennan Phone: +618 9266 2868 Email: [email protected] Location: Building: 408 - Room: 3008
Teaching Staff: Name: Cheng-Lung Wang Phone: +65 65938000 Email: [email protected] Location: Building: SING - Room: SING
Administrative contact: Name: Ann Tan Phone: +65 65938000 Email: [email protected] Location: Building: SING - Room: SING
Learning Management System: Blackboard (lms.curtin.edu.au)
Unit Outline
ECON1000 Introductory Economics Trimester 3A, 2018
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 1 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Syllabus Introduction to economic concepts and principles, Demand and supply analysis, Elasticity ,Economic Efficiency, Market failure, Introduction to macroeconomics, Unemployment and inflation, Model of aggregate demand and aggregate supply, Global markets.
Introduction “The ideas of economists ... are more powerful than is commonly understood. Indeed the world is ruled by little else.” John Maynard Keynes
Welcome to ECON1000 Introductory Economics and the School of Economics and Finance. Introductory Economics (ECON1000) is a one semester course that offers an introductory flavour of economics. The course aims to cover key economic concepts of both microeconomics and macroeconomics in an Australian as well as international context. The syllabus incorporates the following five (5) concepts in microeconomics: the economic way of thinking; demand and supply; elasticity; market efficiency; behavioural economics and asymmetric information. In addition, the syllabus covers the following five (5) topics in macroeconomics: economic growth (GDP), unemployment and inflation; the business cycle and aggregate demand/supply; monetary policy; fiscal policy; and exchange rates. The syllabus emphasises the application of economic theory to real-world events.
Economics is part of our everyday lives, when we’re studying, shopping, dealing with customers or finding a place to live. Economics effects everything in our lives—what we earn, how we work, where we learn, what we eat; the list goes on. An understanding of economics is very important in an uncertain world, where market forces have such a significant influence on our lives. Any student undertaking a course in commerce or business at the undergraduate level requires an understanding of economics—how markets work, the price system, macroeconomic activity, the global economy, economic policy, and so on. A good grasp of introductory principles of economics is crucial if we, as student collaborators and critical social-ecological observers, are to make informed judgements about solving real-world problems. Dearest student, enjoy your study-life time in 2018 (to 2019) with ECON1000! :-)
Unit Learning Outcomes All graduates of Curtin University achieve a set of nine Graduate Attributes during their course of study. These inform an employer that, through your studies, you have acquired discipline knowledge and a range of other skills and attributes which employers would value in a professional setting. Each unit in your course addresses the Graduate Attributes through a clearly identified set of learning outcomes. They form a vital part in the process referred to as assurance of learning. The learning outcomes notify you of what you are expected to know, understand or be able to do in order to be successful in this unit. Each assessment for this unit is carefully designed to test your knowledge of one or more of the unit learning outcomes. On successfully completing all of the assessments you will have achieved all of these learning outcomes.
Your course has been designed so that on graduating you will have achieved all of Curtin's Graduate Attributes through the assurance of learning processes in each unit.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
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The only authoritative version of this Unit Outline is to be found online in OASIS
Curtin's Graduate Attributes
Learning Activities You should listen to one lecture series per week (~70 to 90 minutes) and attend one tutorial class i.e. 'workshop' per week (~44 to 50 minutes).
l The lectures cover the syllabus material. Lecture slides and other relevant learning resources are available on Blackboard (Bb). The lectures will summarise the relevant material covered in the textbook and will help focus your learning on the important concepts of the course. The workshop exercises and quizzes, article analysis and the final exam will be based on the material covered in the lectures.
l The tutorials (also referred to as 'workshops') are a key opportunity you will have for regular group discussion of topics covered in the lectures and textbook. Tutorials should provide you with a useful guide as to your understanding of the course material. Students are encouraged to participate in each tutorial class (i.e. 'workshop') by preparing answers to the set questions for each workshop. The ECON1000 (2018) Student Tutorial Guide and the questions set out for each workshop (in the teaching weeks) are available on Bb. Attend regularly and be prepared to contribute in some positive way to the discussion. This means reading the prescribed text, revising your lecture notes and preparing answers to the tutorial questions and problems. You should ask your tutor to explain any parts of the course that you have not understood or found difficult.
You should expect to devote at least 3-4 hours per teaching week to reading your textbook and lecture notes and preparing answers to the tutorial discussion questions. Each week you may be asked by your tutor to explain an answer to the class, or use the whiteboard to illustrate an answer. In economics, it is important to communicate effectively in writing using economic theory and to engage confidently in interpersonal communication in tutorials.
Learning Resources Essential texts
The required textbook(s) for this unit are:
l Curtin University students enrolled in ECON1000 in 2018 can purchase the following hard copy (printed) text -> ISBN: 9781488608650. For instance, the text is listed on the Pearson Australia website, as Value Pack Introductory Economics (Custom Edition) + MyEconLab without eTextCard: http://www.pearson.com.au/products/?sq=9781488608650
On successful completion of this unit students can: Graduate Attributes addressed 1 Explain the nature of the economic problem
2 Explain the economic way of thinking
3 Apply the economic way of thinking to analyse real world events
4 Analyse and evaluate economic issues using economic theory
5 Demonstrate economic literacy by writing effectively using economic theory
Apply discipline knowledge Thinking skills (use analytical skills to solve problems)
Information skills (confidence to investigate new ideas)
Communication skills Technology skills Learning how to learn (apply principles learnt to new situations) (confidence to tackle unfamiliar problems)
International perspective (value the perspectives of others)
Cultural understanding (value the perspectives of others)
Professional Skills (work independently and as a team) (plan own work)
Find out more about Curtin's Graduate attributes at the Office of Teaching & Learning website: ctl.curtin.edu.au
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 3 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
You might be able to locate a second-hand hard copy of the prescribed text from a previous semester. As an alternative to the hard copy (printed) version, there is an electronic version of the text, i.e. an eText type version of the custom textbook prescribed for this course (at a lower cost). Students can buy Introductory Economics ECON1000 (Custom Edition VitalSource eText) by going to: http://www.pearson.com.au/9781488616525. The "essential" textbook for ECON1000 Introductory Economics in 2018 says on the front cover, compiled by 'Andrew John Brennan'. However, the correct way to reference the text in a bibliography is as follows:
Hubbard, Glenn, Anne Garnett, Phil Lewis, and Anthony O'Brien, 2015. Introductory Economics (Custom Edition), 1st edn, Sydney, NSW: Pearson Australia. In 2018, 'MyEconLab' is free to use for all students of ECON1000: certain key features of MyEconLab (i.e. the "Study Plan" and "Assignments") are freely available. MyEconLab is a useful online resource for students to gain extra knowledge from the contents of the textbook via the system's adaptive learning technologies. MyEconLab is required for one of your assessments (see the Assessment schedule in the Unit Outline). As an ECON1000 Singapore student in Tri3A 2018, you will need to see Blackboard for instructions in PPTX on how to register for MyEconLab.
(ISBN/ISSN: 9781488608650)
Other resources
The Learning, Engagement and International Services (LEIS) team at the library are piloting an online support initiative for first year (undergraduate students) at Curtin in 2018 called Studiosity. See https://www.studiosity.com/. Studiosity provides personalised, online study help via two tools - Connect Live and Writing Feedback to a broad range of discipline areas. It will be made accessible via Blackboard (Bb) in all first year units (in all locations and modes of study)—i.e. that includes Introductory Economics. Studiosity may be useful to some extent when working on your Article Analysis. Studiosity (formerly known as YourTutor) enables all students enrolled in 1st-year units access to 24/7 online constructive feedback to develop their academic skills. It provides personalised feedback on small portions of text but does not proofread or edit. Students can also utilise the “Connect Live” function for guidance on core skills areas such as maths, science. All guidance and feedback comes from advisors who are experts in their fields, and are carefully selected and rigorously trained. Access for students to Studiosity is via Blackboard desktop and mobile.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 4 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Assessment Assessment schedule
*Please refer to the Late Assessment and the Assessment Extension sections below for specific details and conditions.
Detailed information on assessment tasks
1. 'Workshop Exercises and Quizzes' consists of two different pieces of assessment:
§1. microeconomics quiz activities [worth 10%] and;
§2. a macroeconomics quiz activity [worth 10%].
The workshop exercises and quizzes are deliberately designed to help you with your learning of the relevant content and to help you (the student) to be better prepared for other assessments.
Task Value
% Date Due
Unit Learning
Outcome(s) Assessed
Late Assessments Accepted?*
Assessment Extensions
Considered?*
1
Workshop Exercises and Quizzes 20% Week: multiple Day: see details in Unit Outline Time: see details in Unit Outline
1,2,3 No Yes
2
Article Analysis - Application of Microeconomics in the News
30% Week: 7 Day: Tuesday, 18th December Time: 12:00 midday
3,4,5 Yes Yes
3
Final Examination 50% Week: see examinations timetable Day: TBA Time: TBA
2,3,4 No Yes
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 5 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
§ Quiz L1 to L4 microeconomics activities (worth 10 marks) -- consists of a series of multiple choice questions on the microeconomics topics of L1 (the economic way of thinking), L2 (demand and supply), L3 (elasticity) and L4 (economic efficiency); this will be done using MyEconLab, the textbook's adaptive learning system. Rationale for Quiz L1 to L4 microeconomics activities: to help the student gain knowledge and develop their problem-solving skills on lecture topics L1 to L4, and hence serve as a useful foundation for the article analysis.
Please pay attention to the following staggered release schedule:
Quiz ‘L1 & L2’ microeconomics activity enabled on MyEconLab: 9:00pm, Wed. 14th November Quiz ‘L3’ microeconomics activity enabled on MyEconLab: 9:00pm, Wed. 21st November Quiz ‘L4’ microeconomics activity enabled on MyEconLab: 9:00pm, Wed. 28th November
The number and type of selected questions will vary for each topic. You will have up to 2 attempts for any question asked. You are strongly encouraged to work on the Quiz L1 to L4 microeconomics activities as they are released at your own pace. Quiz L1 to L4 microeconomics activities [worth 10%] are DUE on MyEconLab: 9:00pm, Wed. 5th December
Marking guide: the MyEconLab system generates an overall score out of 100. You will be awarded the following mark out of 10 when you score within the range below:
Please allow about one (1) week after the due date for the results to be entered into Grade Center (as the final scores have to be inputted manually).
Overall score out of 100 (from the microeconomics quiz activities set on MyEconLab)
Mark out of 10 (recorded in Grade Center)
90 ≤ 100 10 85 ≤ 89.99 9 80 ≤ 84.99 8 70 ≤ 79.99 7 60 ≤ 69.99 6 50 ≤ 59.99 5 40 ≤ 49.99 4 30 ≤ 39.99 3
0 ≤ 29.99 0
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 6 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
§ Quiz L6, L7 & L9 macroeconomics activity (worth 10 marks) -- consists of short written answers and drawing appropriate diagram(s) on the macroeconomic topics of L6 (GDP, unemployment, inflation and the business cycle), L7 (aggregate demand and aggregate supply), and L9 (fiscal policy). Rationale for Quiz L6, L7 & L9 macroeconomics activity: to help students prepare for the written section in the final exam, i.e. to give you (the student) the opportunity to practice writing and answering typical short answer questions in the final economics exam. Articulating clear answers and solving (economic) problems are very important skills to have in the real business world.
Quiz L6, L7 & L9 macroeconomics activity [worth 10%] DUE Week 11, January 14th-18th, 25 minutes working time, closed book, sat in tutorial class. More specific details will be announced on Bb in Week 10.
Marking guide: there may be several parts to a question; in any case, a clear allocation of marks for each part of the question(s) will be specified. In general, students who write more--whilst answering the question-- tend to earn a higher credit/distinction mark. That is, the student who provides more specificity in their answer shall be awarded more marks. Marks are also allocated for fully labelled and correctly drawn diagrams (where appropriate).
Please do not miss the macroeconomics quiz activity [worth 10%] under normal circumstances as it will result in a loss of 10 valuable marks.
2. Article Analysis - Application of Microeconomics in the News [worth 30%].
Hardcopy and Electronic copy via Blackboard (Bb) are DUE by 12:00 midday on Tuesday 18th December, in Week 7.
OBJECTIVE of Article Analysis: You are to apply microeconomic theory to explain and analyse a news article.
Rationale for Article Analysis: to help the student develop and/or strengthen their analytical and communication skills set by applying their knowledge of economic theories to real world issues. Industry values workers with a well-developed set of analytical skills and communicative abilities.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 7 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
1. You are to select a web article/newspaper/magazine for your microeconomic analysis. a. You must be able to relate your main article to at least two of the topics (L1 to L5, i.e.
chapters 1 – 5) covered in the lecture program (see point 2 below). b. The main news article must have been written on or after 1st October, 2018. Please double
check the date/month/year of the main news article. Assignment will not be marked if date of article is before the time specified.
c. The main news article can be from any nation in the known world/universe, so long as it’s in English.
d. You should back up some of your key points or use for data purposes by having several relevant supplementary articles—from other relevant topic-related news sources. Such supplementary news articles are permitted to be dated before 1st October 2018. You should cite your use of other sources via appropriate in-text referencing.
e. Your microeconomics diagrams can either be hand-drawn and then scanned and inserted as a 'picture' into your working document, or be drawn by using appropriate computer/web software.
2. More specifically, here is the list of lecture topics that you can choose from for your article analysis (relevant microeconomics concepts are in brackets):
1. production possibility frontier from L1 (opportunity cost, scarcity, trade-offs); 2. demand and supply market equilibrium from L2 (price and non-price determinants,
simultaneous shifts in demand and/or supply); 3. elasticity measurement and determinants from L3 (price elasticity of demand and its
relationship with total revenue, price elasticity of supply); 4. economic efficiency at market equilibrium from L4 (consumer and producer surplus, rent
ceilings, price floors, taxes on goods and services to raise revenue for public purposes and discourage market activity);
5. behavioural economics and asymmetric information from L5 (rational vs. irrational decision making, types of market failure: externalities; public goods; common resources; adverse selection; moral hazard).
3. You need to submit both a hardcopy AND electronic copy via Bb: 1. Hardcopy of your article analysis INCLUDING a printed copy of your main news article +
official COVER SHEET (available on Bb) is due by 12:00 midday on Tuesday 18th December, in Week 7.
l The official School of Economics and Finance Cover Sheet is available for download on Bb. Complete the check list before submitting and a student signature is required!
2. Electronic copy via Blackboard (Bb) (go to the Assessments tab) EXCLUDING a copy of your main news article (otherwise Turnitin picks this up) yet still INCLUDING the official Cover Sheet is also due by 12:00 midday on Tuesday 18th December.
4. 1700-1900 words (excluding reference list), give or take 100 or so words. 5. The essay must be word processed in an editable Microsoft Word document or PDF (sorry, no
PAGES files). Keep in mind the following essential formatting requirements: a. single-spaced b. line spacing between each paragraph c. body of text justified d. font size 12 in Calibri e. pages to be consecutively numbered and identified
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 8 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Layout of Student's Article Analysis:
1. Cover Sheet (with appropriate identifying details) 2. Introduction (summary of key issues) 3. Analysis (economic concepts/theories to be applied, application of theory to article, including well-labelled
diagrams) 4. Conclusions (implications/policy recommendations) 5. References (use Chicago style) 6. Main Article Copy {for hardcopy only} - showing date and source
The article analysis is worth a value of 30. The score is out of 60 divided by 2, and is allocated as follows:
ECON1000 Tri3A 2018 Article Analysis – Marking Rubric Components Weight Your
Mark
Introduction (8%) [suggestion: 170 words or less]
Summary of key issue(s) (sets the scene as a summary of the key issue or issues: main article title, author(s), when? where? what?; a list of which lecture topics, theories/concepts you plan to use)
out of 5
Analysis (75%) [1200 to 1400 words, give or take 100 or so words]
Brief explanations of relevant theory (concise definitions of relevant microeconomic concepts; concepts clearly understood)
out of 10
Application of theory to article (good use of available information in the main news article; effective use of relevant supplementary sources to support the analysis; sufficient depth of coverage)
out of 20
Technical details (correct communication of economic models/concepts: e.g. well-labelled axes on graphs, or good use of price data in demand and supply diagrams or when calculating elasticity)
out of 10
References (proper in-text referencing of key sources such as main textbook, main article and supplementary articles)
out of 5
Conclusions (17%) [suggestion: 270 words or less]
Implications and/or policy recommendations* (logically developed argument i.e. follows logically from the information in the analysis)
out of 10
* = in the conclusions section, do not summarise what has already been said. For instance, you might deal with the following questions: whether the government should intervene, and if so how (or if not, why not); will there be any changes in the short or long run; or will the market return to the previous equilibrium; … or any other relevant (policy?) aspects.
Score out of 30 (60 / 2) = Final Mark
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 9 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
l Students should allow a 2 to 3 week marking turnaround. It is the student’s responsibility to keep
electronic copies of their article analysis. The assignment must be submitted to ‘Turnitin’— instructions are on Bb.
l Strictly no time extensions are available under normal circumstances, as there is plenty of time in advance to plan and work on your article analysis.
l It is also very important to discuss the choice of topic/article with your tutor well before the submission date (sorry, but no detailed discussion about the assignment will take place via email, unless you talk to your tutor in person about it first). You will have the opportunity to seek clarity on the article analysis in your tutorials.
l An important part of writing is to correctly reference the sources of information that you have used. Correctly referencing your work will help to avoid plagiarism. Plagiarism means presenting the work or property of another person as one’s own, without appropriate acknowledgement or referencing (the copying of other people’s work and/or ideas). Plagiarism is a form of cheating. Plagiarism could cost you a significant delay in receiving your final marks for the unit (up to a period of 3 months). Referencing is a (standardised) method of acknowledging any sources of information and ideas which are not your own. Referencing enables you, and the reader, to clearly identify the source of information in your article analysis. References should be properly cited in the body of the assignment, using Chicago.
3. Final Exam - Introductory Economics [worth 50%].
The structure of the final exam on Introductory Economics in Trimester 3A 2018 consists of two (2) sections:
Section A: Multiple Choice. 18 Multiple Choice questions. [Total of 18 marks]
Section B: ‘Short Answer Style’ Written Questions. Answer ANY 2 from a choice of 4. Each question is worth 16 marks. [Total of 32 marks]
Time Allowed: 2 hours + 10 mins reading time
Topics L5 to L10 are covered in Section A and Section B. In short, only topics L5 to L10 are potentially examinable, nothing else. Marking guide: In Section A, one (1) mark per multiple choice question correctly answered. In Section B, the student should aim to write at least 2-3 good sentences per mark allocated. In some part questions you should be able to include a diagram – make sure you refer to it in your answer.
When writing your answers (in Section B): •Read the question carefully •Pay attention to key verbs in the question, e.g.: –‘explain' i.e. make the concept or idea clear by describing it in more detail –‘discuss’ i.e. write about (a topic) in detail, taking into account different issues or ideas –‘draw’ or ‘use a model to…’ i.e. use a relevant diagram in your answer •Answer each part of the question –briefly define the key concepts in the question; –include simple real-world examples to demonstrate understanding –use well-labelled diagrams (where relevant) to illustrate the meaning of concepts (this is critical!) •Write more rather than less – elaborate on your answer by explaining. Answering the question is the key! –In the examination, you should specifically answer each question; anything included which is not specifically asked for will receive no marks.
More specific details about the final exam in Introductory Economics and commentary on past student answers are given in the short review lecture at the end of the semester.
Pass requirements
To pass this unit you must achieve a result of 50%. There is no requirement to pass any individual component of assessment.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
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The only authoritative version of this Unit Outline is to be found online in OASIS
Fair assessment through moderation
Moderation describes a quality assurance process to ensure that assessments are appropriate to the learning outcomes, and that students work is evaluated consistently by assessors. Minimum standards for the moderation of assessments are described in the Assessment and Student Progression Manual, available from policies.curtin.edu.au/findapolicy/
Late assessment
Where the submission of a late assessment is permitted, late penalties will be consistently applied in this unit.
Where a late assessment is permitted for an assessment item or the entirety of the unit (refer to the Assessment Schedule table in this Unit Outline) and the student does not have an approved assessment extension:
1. For assessment items submitted within the first 24 hours after the due date/time, students will be penalised by a deduction of 5% of the total marks allocated for the assessment task;
2. For each additional 24 hour period commenced an additional penalty of 10% of the total marks allocated for the assessment item will be deducted; and
3. Assessment items submitted more than 168 hours late (7 calendar days) will receive a mark of zero.
Where late assessment is NOT permitted for an assessment item or the entirety of the unit (refer to the Assessment Schedule table in this Unit Outline) and the student does not have an approved assessment extension:
1. All assessment items submitted after the due date/time will receive a mark of zero.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 11 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Assessment extension
Where an application for an assessment extension is permitted for an assessment item(s) within this unit (refer to the Assessment Schedule table in this Unit Outline):
1. A student unable to complete an assessment item by/on the due date/time due to exceptional circumstances beyond the student's control, must apply for an assessment extension using the Assessment Extension Application Form (available from the Forms page at students.curtin.edu.au/administration/) as prescribed by the Academic Registrar.
2. The student will be expected to lodge the form with supporting documentation to the school representative nominated below.
3. Failure to submit this application in a timely manner, may impact upon the assessment process. For applications that are declined this may have significant ramifications on the possible marks awarded.
4. An application may be accepted up to five working days after the due date/time of the assessment item where the student is able to provide a verifiable explanation as to why he or she was not able to submit the application prior to the assessment due date/time.
Where an application for an assessment extension is NOT permitted for an assessment item(s) within this unit (refer to the Assessment Schedule table in this Unit Outline):
1. All assessment items submitted after the due date/time will be subject to late penalties or receive a mark of zero depending on the unit permitting late assessment submissions.
School Representative for this unit:
A: ASSESSMENT EXTENSION A student unable to complete an assessment task by/on the original published date/time (e.g. examinations, tests) or due date/time (e.g. assignments) must apply for an assessment extension using the Assessment Extension form (available from the Forms page at students.curtin.edu.au/administration/) as prescribed by the Academic Registrar. It is the responsibility of the student to demonstrate and provide evidence for exceptional circumstances beyond the student's control that prevent them from completing/submitting the assessment task.
The student will be expected to lodge the form and supporting documentation with the unit coordinator before the assessment date/time or due date/time. An application may be accepted up to five working days after the date or due date of the assessment task where the student is able to provide an acceptable explanation as to why he or she was not able to submit the application prior to the assessment date. An application for an assessment extension will not be accepted after the date of the Board of Examiners' meeting.
This procedure applies for ALL assessments including end of semester exams.
THE FOLLOWING INFORMATION IS VERY IMPORTANT:
1. You should submit the completed assessment extension form to the Singapore Campus Student and Academic Services Officer before the due date/day of the assessment attaching all relevant supporting evidence.
Form: http://students.curtin.edu.au/administration/forms.cfm
2. If you are unable to submit the assessment extension form before the assessment due date/day you must submit the completed form to the Singapore Campus Student and Academic Services Officer no later than 5 working days after the due date/day of assessment task.
3. Applications must be accompanied by relevant documentation appropriate to the circumstances and included as an attachment to the application form (see page 1 of the application form).
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 12 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
The process:
DO NOT SUBMIT YOUR APPLICATION TO THE UC or TUTOR – please READ carefully
1. Submit the completed form in person or via e-mail with all supporting documentation to the Singapore Campus
Student and Academic Services Officer - [email protected]
2. They will consider your application and inform you of the outcome via email.
3. You need to acknowledge the receipt of the email.
B: FURTHER ASSESSMENT Students must meet Strict Criteria for Further Assessment Consideration
For a student to be eligible for consideration for a Further Assessment, they must meet the following criteria (2.3 to 2.5 - Further Assessment Procedure):
2.3 A student is eligible for consideration for Further Assessment if they: 2.3.1 are enrolled in a unit within their first 200cp of study in their course or in a unit in their final study
period of a course; and 2.3.2 have attempted all required assessment tasks for the unit and have marginally failed the unit; and 2.3.3 have not been found guilty of Academic Misconduct in that unit.
2.4 An eligible student may only be offered: 2.4.1 two opportunities for Further Assessment in a Bachelor level course; and 2.4.2 one opportunity for Further Assessment in all other courses.
Impact of CRL
If a student has CRL, this is counted towards and in the 200cp eligibility threshold.
Deferred assessments
Further assessment
Further assessments, if granted by the Board of Examiners, will be held between 25/02/2019 and 01/03/2019 . Notification to students will be made after the Board of Examiners meeting via the Official Communications Channel in OASIS.
It is the responsibility of the student to be available to complete the requirements of a further assessment. If your results show that you have been granted a further assessment you should immediately check OASIS for details.
Reasonable adjustments for students with disabilities/health circumstances likely to impact on studies
A Curtin Access Plan (CAP) is a document that outlines the type and level of support required by a student with a disability or health condition to have equitable access to their studies at Curtin. This support can include alternative exam or test arrangements, study materials in accessible formats, access to Curtin’s facilities and services or other support as discussed with an advisor from Disability Services (disability.curtin.edu.au). Documentation is required from your treating Health Professional to confirm your health circumstances.
If you think you may be eligible for a CAP, please contact Disability Services. If you already have a CAP please provide it to the Unit Coordinator at the beginning of each study period.
If your results show that you have been granted a deferred assessment you should immediately check OASIS for details.
Deferred examinations/tests will be held from 25/02/2019 to 01/03/2019 . Notification to students will be made after the Board of Examiners’ meeting via the Official Communications Channel (OCC) in OASIS.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 13 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Referencing style
The referencing style for this unit is Chicago.
More information can be found on this style from the Library web site: http://libguides.library.curtin.edu.au/referencing.
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Plagiarism occurs when work or property of another person is presented as one's own, without appropriate acknowledgement or referencing. Submitting work which has been produced by someone else (e.g. allowing or contracting another person to do the work for which you claim authorship) is also plagiarism. Submitted work is subjected to a plagiarism detection process, which may include the use of text matching systems or interviews with students to determine authorship.
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Refer to the Academic Integrity tab in Blackboard or academicintegrity.curtin.edu.au for more information, including student guidelines for avoiding plagiarism.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 14 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Information and Communications Technology (ICT) Expectations Curtin students are expected to have reliable internet access in order to connect to OASIS email and learning systems such as Blackboard and Library Services.
You may also require a computer or mobile device for preparing and submitting your work.
Important Announcements: Announcements will be posted on Blackboard. You are expected to check this regularly as well as your student email account as this will be where unit relevant information will be posted. Most email clients will allow you to forward your student email to a personal email account.
For general ICT assistance, in the first instance please contact OASIS Student Support: oasisapps.curtin.edu.au/help/general/support.cfm
For specific assistance with any of the items listed below, please contact The Learning Centre: life.curtin.edu.au/learning-support/learning_centre.htm
l Using Blackboard, the I Drive and Back-Up files l Introduction to PowerPoint, Word and Excel
Additional information Enrolment
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Information on all of the above is available through the University's "Student Rights and Responsibilities" website at: students.curtin.edu.au/rights.
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Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 15 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Recent unit changes Students are encouraged to provide unit feedback through eVALUate, Curtin's online student feedback system. For more information about eVALUate, please refer to evaluate.curtin.edu.au/info/.
Recent changes to this unit include:
1. Improving feedback to students; 2. Enhancing the student learning experience and improving the resources available on Blackboard (Bb), via
having pre-workshop---workshop---post-workshop activities; 3. Greater clarity of what is required for the article analysis; 4. Having more interactive assessment quiz exercises via MyEconLab (available at no cost).
To view previous student feedback about this unit, search for the Unit Summary Report at https://evaluate.curtin.edu.au/student/unit_search.cfm. See https://evaluate.curtin.edu.au/info/dates.cfm to find out when you can eVALUate this unit.
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 16 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
Program calendar
Week Begin Date
Lecture/ Learning Module
Textbook Pre-
readings
Tutorial Assessment Details & Due Dates
1. 5/11 L1. What is Economics? Chapter 1 Introduction, Building Rapport
2. 12/11 L2. Demand and Supply Chapter 2 L1 (Ch.1) Quiz ‘L1 & L2’ microeconomics activity enabled on MyEconLab: 9:00pm, Wed. 14th November
3. 19/11 L3. Elasticity Chapter 3 L2 (Ch.2) Quiz ‘L3’ microeconomics activity enabled on MyEconLab: 9:00pm, Wed. 21st November
4. 26/11 L4. Economic Efficiency Chapter 4 L3 (Ch.3) Quiz ‘L4’ microeconomics activity enabled on MyEconLab: 9:00pm, Wed. 28th November
5. 3/12 L5. Behavioural Economics and
Asymmetric Information
Chapter 5 L4 (Ch.4) Quiz L1 to L4 microeconomics activities [worth 10%] DUE on MyEconLab: 9:00pm, Wed. 5th December
6. 10/12 L6. Introduction to Macroeconomics: GDP,
Unemployment & Inflation
Chapter 6 L5 (Ch.5)
7. 17/12 L7. Aggregate Demand and Aggregate Supply
Chapter 7 L6 (Ch.6) Article Analysis (based on at least two of the following modules: L1, L2, L3, L4, L5) [worth 30%]
DUE: 12:00 midday, Tues. 18th December – submit BOTH a Hardcopy and Electronic Copy
8. 24/12 No Lecture (break)
9. 31/12 L8. Monetary Policy Chapter 8 L7 (Ch.7)
10. 7/1 L9. Fiscal Policy Chapter 9 L8 (Ch.8)
11. 14/1 L10. Exchange Rates Chapter 10 L9 (Ch.9) Quiz L6, L7 & L9 macroeconomics activity [worth 10%, Short Written Answers] (DUE: Conducted in your tutorial time)
12. 21/1 Review L10 (Ch.10)
13. 28/1 Study Week
14. 4/2 Examinations
Faculty of Business and Law School of Economics and Finance
ECON1000 Introductory Economics Singapore Campus 26 Oct 2018 School of Economics and Finance, Faculty of Business and Law
Page: 17 of 17 CRICOS Provider Code 00301J
The only authoritative version of this Unit Outline is to be found online in OASIS
