Order 1171565: Read Instructions

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FP-056 ECONOMICS 062

INDIVIDUAL ASSIGNMENT - SEMESTER 2, 2018

This assessment is worth 15% of the total unit marks. This assignment is to be completed

individually and every students must submit one hardcopy of this assessment to the lecturer’s

pigeon box by the due date.

The essential guidelines and rules for the assessment are as follow. Please read carefully:

1. You are to select a local or international newspaper / magazine / online news article for

economic analysis. The article must relate to one or more of the lecture topics 4 or/and 5

(Understanding the Market I & II). The news article must also be published after 1 st

January

2018. You are to apply economic theories (mainly demand and supply analysis) to explain

and analyse the article. The assignment should be approximately 1000 (+/- 10%) words in

length and include well-labelled diagrams. A copy of the article showing the date and source

is to be included with the analysis. Complete the assignment cover sheet and submit it with

your assignment. It is also very important that you discuss the choice of topic / article with

your lecturer or tutor well before the start. However, to ensure fairness to all students, no

detailed discussion about the assignment will take

place during consultation.

2. All assignments must be submitted to Turnitin (www.turnitin.com). Your lecturer will

provide you with a Class ID and Password for enrolment into the individual assignment. It is

your responsibility to enrol yourself in the assignment via Turnitin and inform your lecturer

soonest if you encounter issues. Students are also required to attach the Digital receipt from

Turnitin in their hardcopy to the assignment and ensure that the Turnitin similarity index

do not exceed 25% (You may submit to Turnitin as many times as possible before the due

date). A sample copy of the digital receipt is shown below:

Sample news article

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3. Your assignment should be in a form of a report – include an introduction of the issues of

the article, economic concepts / theories to be applied, economic analysis (demand and

supply diagrams with illustrations, causes of the issues, possible measures to address the

issues), conclusion and references. The marks will be allocated as follow:

• Introduction (summary of key issues of the article) = 10

• Application of theory and economic analysis (range and depth of analysis) = 20

• Drawing (and detailed labelling) of demand and supply graphs / diagrams with

proper illustrations = 10 (Note: Graphs must not be hand-drawn)

• Evidence and quality of research = 10

• Language, style, effort and overall instruction adherence = 10

• Referencing (in-text and end-text using Chicago referencing) = 5

• Appendix (one main news article, marking scheme and Turnitin digital receipt)

TOTAL = 70 marks to be converted to 15% of the assessment marks

Note: For demand & supply analysis and possible measures, you may provide your own

diagrams and give assumptions for the numbers in the demand / supply graphs. The essence

is on your explanation and understanding of economic concepts. You may also provide your

own views / suggestions on the possible measures but at least some points should be

supported by relevant references/sources.

4. A briefing session on this assessment will be conducted at the end of lecture 5.

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SEMESTER 2, 2018

INDIVIDUAL ASSIGNMENT COVER SHEET

Name: _________________________________ Student ID ________________

(If the given name by which your tutor knows you, differs from your name on University records, please indicate BOTH names)

Unit Code & Name: FP-056 ECONOMICS 062

Tutorial group: _____________

Day & Time of Tutorial: ___________________________________________________

Your assignment must meet the following requirements:

Please read carefully and confirm this (by ticking the boxes) before submitting your assignment.

� Date Stamp affixed above this cover page

� Assignment is word processed with font size 12, 1.5 line spacing and justified alignment

� Pages have been consecutively numbered and identified

� Copy of full main news article showing date and source is attached in appendix

� Copy of the marking scheme is attached in appendix

� Copy of the digital receipt from Turnitin (with similarity index not more than 25%) is attached in appendix

� Word Count _________________ (excluding references)

� Declaration below is complete

Declaration

Except where I have indicated, the work I am submitting in this assignment is my own work and has not been submitted

for assessment in another Unit or course.

________________________________________

(Signature of student)

All forms of plagiarism, cheating and unauthorised collusion are regarded seriously by the University and could result in

penalties including failure in the course and possible exclusion from the University. If you are in doubt, please contact

your tutor or lecturer.

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INDIVIDUAL ASSIGNMENT MARKING SCHEME

Components Weight Marks Awarded

Remarks

INTRODUCTION Introduction of key issues (Sets the scene: Main article, author(s), date and source of article, where, when, what?)

10

CONTENT Application of theory (or concepts) & economic analysis (sufficient depth of coverage, concepts clearly understood and applied, logically developed arguments and analysis, accurate economic concepts applied and analysis)

25

Diagrams (Demand or supply) / use of data (to support theories applied)

10

Evidence / quality of research (good use of available information in the main article, effective use of supplementary sources)

10

LANGUAGE, STYLE, EFFORT AND INSTRUCTION ADHERENCE Paragraphing, mechanics, range of vocabulary, accuracy of grammar, formality and overall adherence to instructions.

10

REFERENCING Appropriate use of in-text and end-text referencing using Chicago referencing style

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TOTAL MARK 70

TOTAL ASSESSMENT MARK (Out of 15%)

IMPORTANT NOTE:

Students MUST attach this marking scheme, together with the selected main news article and Turnitin

digital receipt in the appendix section of the assignment.