trade
Course Name: International Trade
Course Code: ECON1086
Weight: 25%
Due date: On Friday, March 27, 2020, 11:59 pm (midnight).
Feedback mode: Online
Learning Objectives Assessed: Your technical skills are assessed through the brief you prepare. This involves the way you utilize your knowledge in international trade models as well as your expertise in inspecting and interpreting data.
Micro-credential: Complete the Fact Check micro-credential. You may access this through this Canvas site by clicking ‘Modules’ on the left-hand sidebar and navigating to the Creds module.
The unique URL link is required for submission in this assignment. Please include the URL link in the beginning (first page) of the assessment. Teaching staff will use this link to verify you have successfully completed the Fact Check micro-credential. Use the instructions linked on the credential launch page in Canvas to claim your badge and to get your unique URL.
In order to qualify for a badge you will need to achieve the stated requirements for the credential. Please refer to the credential launch page for more details including marking turnaround times on submission-type assessments. Badges may take up to 24 hours to be issued.
This assessment is linked to the following Course Learning Objectives (CLOs):
· Manipulate economic models to analyse real world issues in international trade.
· Examine international trade data to critically discuss economic theorems and apply in diverse contexts.
· Analyse the fundamental determinants of the size and pattern of trade to verify its determinants and its effects on the wider economy/welfare.
· Compare and contrast economic and political conditions in poor and rich countries to critically assess the incentives and consequences of trade liberalisation globally.
Details *** Follow the instructions below on how to get the data. *** Review Lectures on Globalisation and Ricardian model very carefully.
You can reach your assignment here: Assignment 1.pdf
Instructions for submission:
· Click on Assignments on Canvas.
· Click on Assignment 1.
· On the right-hand corner, click on Submit Assignment.
· Attach your file by clicking on Choose File.
· Once you selected your file containing your assignment, click on Submit Assignment at the bottom.
You can submit more than once. Only your last submission will be graded.
Assessment Declaration:
I declare that in submitting all work for this assessment I have read, understood and agree to the content and expectations of the Assessment declaration (Links to an external site.) .
Rubric
Rubric for Assignment 1
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Rubric for Assignment 1 |
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Criteria |
Ratings |
Pts |
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This criterion is linked to a learning outcomeHeadline for your brief |
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1.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 1) Openness Calculation |
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2.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 1) Openness formula |
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1.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 1) Alternative measures of Openness |
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1.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 2) Graph data points |
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1.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 2) Graph Type and Labels |
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1.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 2) Explanation of Trends |
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2.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 3) Calculation of Correlation coefficients |
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2.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 3) Economic Explanation |
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2.0 pts |
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This criterion is linked to a learning outcomeData Analysis (Step 3) Comparison |
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1.0 pts |
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This criterion is linked to a learning outcomeTechnical Analysis (Step 4) Absolute Advantage |
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2.0 pts |
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This criterion is linked to a learning outcomeTechnical Analysis (Step 4) Comparative Advantage |
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2.0 pts |
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This criterion is linked to a learning outcomeTechnical Analysis (Step 4) Production Possibility Frontier |
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2.0 pts |
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This criterion is linked to a learning outcomeTechnical Analysis (Step 4) Autarky price |
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2.0 pts |
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This criterion is linked to a learning outcomeTechnical Analysis (Step 4) Optimal production and consumption |
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2.0 pts |
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This criterion is linked to a learning outcomeMicro-credential: Fact Check |
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1.0 pts |
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Total points: 25.0 |