Eco10250: Sydney Morning Herald Assessment Answer

Economics Assignment Help

The assessment for this unit consists of two assignments and a final examination. The assessment is designed to test your understanding of issues and principles raised in the topics being studied.

The first assignment consists of five questions based on topics covered in the early part of this unit. The second assignment is a report on the Australian economy. The purpose of these assignments is to give you the opportunity to demonstrate the skills you have acquired in this unit.

You will need to start gathering information for the second assignment almost immediately the session starts.

Assignment due dates and the examination period provided here apply to the Australian study period. These may be varied for students studying elsewhere, please confirm dates with your local tutor.

Students studying in Australia must submit Assignment 1 and Assignment 2 online via Turnitin, the online submission facility on the MySCU website for this unit. Students studying in overseas locations will be advised on assignment submission by their local tutors. For instructions on how to submit an assignment electronically please click on to the tab in the MySCU learning site for this subject. You must

attach

an

electronic cover sheet

(available in MySCU) as the first page of your assignment otherwise your assignment will

NOT

be

marked

. You should keep a

copy

of

all

submitted materials. It is important that you that you keep your receipt from Turnitin (it is sent to you once you submit your assignment) and make sure your score is acceptable. You will be able to check your Turnitin score more than once but be aware the first time you submit your assignment you will receive a score very quickly however your subsequent results may take up to 24 hours to get to you. A guide to using Turnitin provided by the Centre for Teaching and Learning is available on your ECO10250 MySCU site.

The final examination will be based on all topics covered throughout the whole study period. It will consist of twenty (20) multiple-choice questions and three (3) written-answer questions. More details about the examination will be provided at a later date.

References and Referencing

You will be required to

gather information for your assignments and it is important to be aware that material posted on the web may not always be reliable. You are advised to carefully consider the authenticity of all sources of the information before using it in assignments.

It is also important to use Harvard-style referencing for

ALL

material used in your work.

School of Business and Tourism Extension Policy

It is

VERY

important that

YOU

make yourself aware of the School’s Extension Policy and Special Consideration Policy.

Students wanting an extension

MUST

make a request at least

24 hours

before the assessment item is due and the request must be received in writing via email by the unit assessor or designated academic.

Extensions requested within 24 hours of the submission date or following the submission deadline

WILL NOT

be granted (unless supported by a doctor’s certificate or where there are exceptional circumstances – this will be at unit assessor’s discretion and will be considered on a case by case basis). Extensions will be given for a maximum of 48 hours (longer extensions supported by a doctor’s certificate or exceptional circumstances will be considered on a case by case basis).

A penalty of

5%

of the total available marks will accrue for each

24 hour

period that an assessment item is submitted late. Therefore an assessment item worth 20 marks will have 1 mark deducted for every 24 hour period.

Students who fail to submit their assignments according to the correct guidelines provided above will be deemed to have not submitted their assessment item and a penalty will be applied until the correct submission guidelines are followed.

Extensions can be sought by emailing Jeremy Buultjens (

jeremy.buultjens@scu.edu.au

). When emailing Jeremy it is essential to put ECO10250 in the subject area of your email otherwise it may be deleted as SPAM.

Re-submissions and re-sits

In this unit there are

no provisions

for re-submitting assignments.  If you have failed the unit after completing all three assessment items, there is an opportunity to

re-sit

the exam. The following conditions apply in this case:

• If you take up this option, the exam outcome (a pass or a fail) will be used as the sole determinant of your final result for the unit.

• The ability to re-sit the exam will only be open to you if you have submitted ALL assessment items.

• For any student who takes up this option a pass will be the highest result achievable.

Assignment 2

Requirement:

In February 2017, the Sydney Morning Herald presented the views of some economists regarding the performance of the Australian economy in 2017 (see http://www.smh.com.au/business/markets/economists-deeply-divided-over-australias-economic-path-in-2017-20170207-gu72ev.html). For Assignment 2 you are required to firstly read this article and to then prepare a report on the current (i.e., August/September 2018) state of the Australian economy and

compare

its performance with state of the economy in August 2017. In completing your report it will be necessary to examine the latest figures and the August 2017 figures for the following four economic indicators - economic growth (GDP), unemployment, inflation and trade (including the terms of trade, the current account, net foreign debt and the value of the Australian dollar). In examining the performance of the Australian economy it will be useful to outline any expected target values that may exist for the economic indicators. Finally, given your analysis, you are asked to highlight

three

major issues you believe are facing the Australian economy over the next 12 months and why you perceive these as of concern.

Presentation of report

The report should

be between

1500 and 2000 words. This word limit does not include the abstract, tables, graphs and reference list.

The report should be word processed using Times New Roman font size 12 with 1.5 line spacing.

Structure of report

Your report must include:

• an appropriate title

• an abstract (sometimes called an executive summary)  summarising the report

• an introduction in which you briefly explain what you are going to address in the report and why

• the body of the essay broken into sections with appropriate section headings

• a brief conclusion that should summarise your analysis

• appropriate in-text referencing and a reference list at the end of the report.

Although the requirements for presentation and structure may appear pedantic, they are not. In the business world you may often find yourself involved in writing a report – perhaps even for multilateral and government organisations such as the IMF or OECD. We suggest that you devote some time to developing this skill. Your future career can only be enhanced by your ability to communicate effectively in writing.