Economics Assignment

Class Name PTDipComIntake15/SRM9/BE5

Module Economics I

Economics 1 Assessment Instructions

Assessment 2: Individual Assignment, 40% of Module Weighting

1.0) INSTRUCTIONS

i) Assignment Submission

All assignments (excluding reference List and Cover Page) are to be uploaded to the

“Assignment Final Part 1” section on the Elearn LMS on the specific due date

agreed upon and published in the Module Study Guide. Ensure you also upload the

Cover Sheet and Reference List into the “Assignment Part 2” section on the same

day.

ii) Assignment Brief

The strength of a country’s economy can be determined through careful examination

of macroeconomic indicators such as real GDP, real GDP growth rate, real GDP per

capita, unemployment rate and inflation rate. In your essay, analyse the economic

performance of ONE (1) country, over the last decade (from 2005 to 2014), using

data on the macroeconomic indicators; argue whether you think the performance is

strong or weak.

Your analysis should include an in-depth discussion on the performance of the

economy and provide explanations for economic results as revealed by the

macroeconomic indicators; where appropriate, you should also explain how the

policies of the government aim to achieve full employment, stable price and/or

economic growth. Support your evaluation with researched evidence.

More marks will be awarded for reports which provide more detailed discussion and

in-depth analysis. The essay shall be about 2,000 words (+/- 10%).

iii) Assignment Format

The essay should be presented in the following format.

Sections

Introduction

 Provide an overview of the chosen economy

Production output performance analysis

 Real GDP, Real GDP growth rate, Real GDP per capita analysis

 Define and explain how each indicator above measures performance of the

economy

 Describe and explain performance trends of the economy

 Research and explain Government’s measures adopted to achieve the

production output performance

Labour market analysis

 Describe unemployment trends based on unemployment rates

 Define unemployment and describe the typical types of unemployment in an

economy

 Research and identify the types of unemployment in the chosen economy

 Research and explain Government’s measures adopted to achieve full

employment

Price level analysis

 Describe the inflation trend based on inflation rate

 Define inflation and describe the typical causes of inflation

 Research and identify the cause(s) of inflation in the chosen economy

 Research and explain Government’s measures to achieve stable price

Conclusion

 Summary of key highlights of the discussion

iv) Assignment Style

All sources referred to in your essay, including any diagrams, must be referenced to

in-text and be included in a full reference list at the end of the assignment, according

to the APA system of referencing. Use the following Kaplan resource to assist you to

do this accurately and consistently:

The reference above will also supply you with the Assignment Style rules followed in

Kaplan. In short, the main things to apply are as follows:

1. Write your name clearly on the cover page using the Lecturer’s Comment Form

2. Your assignment should be type-written.

3. Spacing 1.5 with font size 12 using Arial font style.

4. Include page no.

5. Include a Reference Page at the end of your assignment.

v) Policies

All KAPLAN Higher Education Diploma and Diploma Bridging modules use the

APA referencing and citation format. Please make yourself familiar with this

style at the beginning of your studies so you are able to use it to keep track of

source material during research.

COMPULSORY GUIDE TO READ AND APPLY IN ALL ACADEMIC WRITING:

KAPLAN Academic Works and APA Guide: Follow this link to download and

save-

http://kaplan- diploma.s3.amazonaws.com/Kaplan_Singapore_Academic_Works_and_A PA_Guide_2013_v2.pdf

 The penalties for plagiarism and collusion per Kaplan Singapore Academic Policy

(found in your Student Handbook and Study Guide) will apply for any breaches.

 Late submission of assignment copies handed in to program managers will have

marks deducted in in accordance to the Kaplan Singapore late submission policy

as described in the Study Guide.

2.0) RELEVANT MODULE LEARNING OUTCOMES:

A. Describe and evaluate a range of current economic issues and problems.

B. Develop and communicate economic arguments in a variety of forms.

E. Evaluate the performance of the national economy.

G. Discuss and explain the economic problems of unemployment and inflation.

H. Identify and apply fiscal policy to achieve macroeconomic stability.

2.1) EMBEDDED SKILLS INCLUDE:

 The ability to relate research findings to concepts learned in the module.

 The ability to conduct research.

 The ability to analyse data and information.

 The ability to think and read critically.