FACULTY OF BUSINESS AND LAW
BA7020: INTERNATIONAL MONEY AND FINANCE
Assessment- Group Report 3,000 words (50% of total mark)
Students are required to work in groups of 2 or 3 and prepare a report of no more than 3,000 words (excluding graphs, tables and references) which should cover the following topics 1:
a) Examine what accounts for the swings in a country’s current account balance over time.
Review the theory and provide empirical evidence in your discussion. (40% of total mark)
Examine. Look in close detail and establish the key facts and important issues surrounding a topic. This should be a critical evaluation and you should try and offer reasons as to why the facts and issues you have identified are the most important, as well as explain the different ways they could be construed.
b) Analyse the balance of payments (of a country of your choice) for the period 2010-2017
(data can be accessed from the IMF-BOPS database). The analysis should include examinations (presentations of statistical data with discussion based on theory, empirical evidence from journal articles, and examples from the market) of the current account balance and capital/financial account balance. Document the trends you observe, investigate the economic factors which might account for the changes in the balances, and link the changes in the balance of payments data with theory, empirical evidence and the prevailing economic conditions. (60% of total mark)
In your report it is important that you use (a) your own graphs/tables of the data for the balance of payments, (b) your analysis of the data, the theory and of the empirical results from journal articles in order to articulate/justify your arguments, and finally, (c) referencing of academic value (textbooks and journal articles). There is plenty of analysis about the balance of payments data from government agencies. BUT I am marking your analytical abilities and your ability to integrate theory and results from prior empirical evidence in your analysis of the data.
On the cover page of the assignment please include the Kingston University numbers of the group members (not the names). Only one member from each group will submit the final work.
Your report should show that:
Also make sure to avoid:
BLASC ( Business Academic Skills Centre): is a year round provision, based on the first floor of the Nightingale Centre (LRC) and is staffed by Business School staff, PhD and level 6 students. It runs on a drop-in basis, Mondays to Fridays during term time and on an appointment basis at other times. It offers:
Construct appropriate economic-finance arguments and reason analytically. Critically consider arguments.
Exercise informed and independent thought when analysing the economic data.
Show a wide breadth of theoretical and empirical knowledge.
Sources used with discrimination-Sophisticated use of examples
A wide range of sources consulted -Evidence of a sound discussion of the literature relevant to the study
Original and creative selection and presentation of data
Excellent analysis of key concepts and data demonstrating independence of thought, originality, and a high level of intellectual rigour and consistency
Conclusion advances debates -Extensive evidence of the ability to critically evaluate the main findings
Excellent typography and layout -Lucid expressions -Sophisticated vocabulary -Excellent citation and bibliography norms
Very Good 60%-69%
Overall, the criteria above (under distinction) will be very good rather than excellent. Your work demonstrates a well-developed critical and comprehensive understanding of the topic. It shows evidence that you have thoroughly researched the topic(s) and are able to construct an independent, logical argument or evaluation.
Well selected range of sources consulted -Evidence of a Comprehensive review of the literature relevant to the study -Appropriate examples
Well–researched selection of data; appropriate use of data, very good understanding of the main concepts and topics Appropriate presentation of data.
Good analysis of key concepts; links concepts/theories with data and empirical analysis; well-structured and analytical discussion of literature and data
Clear conclusions -satisfactory evidence of the ability to critically evaluate the main findings
Good typography and layout-Few errors of grammar -Well–structured - Accurate and full citation and bibliography
Overall, the criteria above will be regarded as average rather than very good. Evidence of a satisfactory level of analysis and of use of appropriate sources/techniques/data -Satisfactory knowledge of key concepts, descriptive in parts but some ability to synthesize scholarship and argument.
Evidence of appropriate but standard range of data consulted; logical development of arguments but incomplete.
A range of sources consulted - Indication of a satisfactory review of the literature relevant to the study but with some evident gaps and omissions - Limited range of examples sometimes inappropriate ones
At times the expression and structure of your work is not clear and you have not consistently followed good academic practice (citation and referencing; presentation format; clear, accurate English).
Your work contains some weaknesses. It provides some evidence that you have understood the topic and that you are able structure arguments or evaluation.
Your work demonstrates some ability in the appropriate use of literature, theory, methodologies, practices or tools but not at Masters level.
Your work fails to address one or more criteria fully.
Your practical works shows that your technical skills are not always adequate for you to complete work at this level.
There is little evidence of a professional approach to your work. Your creative work sticks only to familiar ideas and you have not explored any new territory.
Incomplete grasp of material
Extended poor academic practice