DB106 Economic Principles microeconomic concepts 代写

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  • DB106  Economic Principles microeconomic concepts  代写


    Melbourne Institute of Technology Pty Ltd
    CRICOS Provider No: 01545C, 03245K NSW
    Assessment Details and Submission Guidelines
    Course Name:  Diploma of Business
    Unit Code:  DB106
    Unit Title:  Economic Principles
    Assessment Type:  Group Assignment Trimester 2 2017
    Assessment Title:  Assignment 2 (Group)
    Purpose of the
    assessment
    The purpose of this assignment is to assess the following Learning
    Outcomes:
    a. Demonstrate their understanding of fundamental problem of
    scarcity facing in an economy.
    b. Apply the microeconomic concepts of demand and supply,
    price elasticity, market failure, cost and revenue concepts as
    well as market structures.
    c. Apply the macroeconomic concepts such as economic growth,
    Gross Domestic Product, business cycle, unemployment,
    inflation, aggregate demand – aggregate supply model and
    government policies.
    d. Explain the importance of economic models and key
    assumptions in economics.
    e. Apply economic models and assumptions to analyse a given
    situation and/or media articles on economic issues.
    Weight:  25%
    Total Marks:  50
    Word limit:  No more than 2,000 words in total (with limits of 1500 words for
    question 2 and 500 words for question 3
    Release Date: Week 6
    Due Date:  Week 10
    Submission Guidelines:  This assignment should be completed individually
     All work must be submitted via Turnitin by the due date along
    with a completed Assignment Cover Page.
     The assignment must be in Ms Word format, 1.5 spacing, 11-
    pt Calibri (Body) font and 2 cm margins on all four sides of
    your page with appropriate section headings.
     Reference sources must be cited in the text of the report, and
    listed appropriately at the end in a reference list using APA
    referencing style.
    Extension   If an extension of time to submit work is required, a Special
    Consideration Application must be submitted directly to the
    School's Administration Officer, in Melbourne on Level 6 or in
    Sydney on Level 7. You must submit this application three
    working days prior to the due date of the assignment. Further
    information is available at:
    http://www.mit.edu.au/about-mit/institute-publications/policies-
    procedures-and-guidelines/specialconsiderationdeferment
    Assignment Cover Sheet
    Student ID Number:  Student Surname:  Given name/s:
    Course:  School:
    Unit code:  Unit title:
    Due date:  Date submitted:  Campus:
    Lecturer:  Tutor:
    All work must be submitted via Turnitin by the due date. If an extension of time to submit work
    is required, a Special Consideration Application must be submitted. Further information is
    available at:
    http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-
    guidelines/specialconsiderationdeferment
    Academic Misconduct
    Academic Misconduct is a serious offence. Depending on the seriousness of the case,
    penalties can vary from a written warning or zero marks to exclusion from the course or
    rescinding the degree. Students should make themselves familiar with the full policy and
    procedure available at: http://www.mit.edu.au/about-mit/institute-publications/policies-
    procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure. For
    further information please refer to the Academic Integrity Section in your Unit Description.
    Student Declaration
    I/We declare that:
     the work contained in this assignment is my/our own work/group work, except where
    acknowledgement of sources is made;
     certify that this assessment has not been submitted previously for academic credit in this or
    any other course;
     I/we have read the MIT’s Plagiarism and Academic Misconduct Policy Procedure, and I/we
    understand the consequences of engaging in plagiarism;
     a copy of the original assignment is retained by me/us and that I/we may be required to
    submit the original assignment to the Lecturer and/or Unit Co-ordinator upon request;
    I/we have not plagiarised the work of others or participated in unauthorised collaboration when
    preparing this assignment.
    Student Signature:  Date:
    Assignment details
    Question 1
    Data collection, presentation and analysis
    The economic crisis in Greece has been in the news lately, as it looked likely to default
    on its debt. For this part of the assignment you will be collecting, presenting and
    analysing economic data for Australia, Germany, Greece and an Asian country of your
    choice.
    Using The World Bank website (under Data), collect and present annual data showing:
    GDP per capita (in constant 2005 US$); the GDP annual percentage growth rate; the
    annual percentage inflation rate (using the GDP deflator figures); and the total
    unemployment rate, for each of the four countries, for the years 2005 --‐2016 (for some
    countries data may only be available up to 2013, in which case data from 2005 – 2013
    is acceptable).
    Present the data initially in tables. You may decide how many tables to use, and which
    variables/countries to include in each table. Each table must be numbered and have a
    clear heading/title indicating its contents, and a reference for the source of the data
    under the table.
    Use the data to construct the following graphs, using the graphing tool (line graphs) in
    Excel. Indicate under each graph which table/s the data came from. Make sure you
    also label each axis and each variable, and give your graph a title.
    Figure 1: GDP per capita for all four countries
    Figures 2, 3, 4 and 5: One figure for each country, with the GDP growth, inflation and
    unemployment rates for that country.
    Figure 6: GDP growth and unemployment rates for all four countries.
    Note: Please do not attach the excel file with your assignment. You need to use
    copy/paste functions to transfer your graphs to the word document containing your
    assignment.
    (15 points)
    Question 2 (no more than 1500 words)
    Using Figures 2 – 6, describe and analyse any general relationship you see between
    the three variables in each of the countries. Is the relationship similar in each of the
    countries? On the basis of the data collected, analyse any similarities and differences
    in the performance of the economies. Refer to the data you have collected to support
    your analysis.
    (20 points)
    DB106  Economic Principles microeconomic concepts  代写
    Question 3 (no more than 500 words)
    Go to the OECD Better Life index www.oecdbetterlifeindex.org, and look at the country
    reports for Australia, Germany and Greece. What are the “life satisfaction scores” for
    each country? Using the factors measured in each country’s report, as well as the data
    you found in Question 1, comment on factors you believe may contribute to each
    country’s “life satisfaction” score. Include four factors per country. Explain your
    reasoning.
    (10 points)
    Marking Criteria
    Assessment Criteria  Marks awarded
    Question 1: Present the data in tables showing:
     GDP per capita (in constant 2005 US$)
     GDP annual percentage growth rate
     Annual percentage inflation rate (using the GDP deflator figures)
     Total unemployment rate, for each of the four countries, for the
    years 2005 --‐2016
    15
    Question 2:
     Using Figures 2 – 6, describe and analyse any general
    relationship between GDP growth, inflation and unemployment
    rates for each of the countries
     Analyse any similarities and differences in the performance of the
    economies
    20
    Question 3:
     Present “life satisfaction scores” for each country
     Using the factors measured in each country’s report,
     Identify and explain factors contributed to each country’s “life
    satisfaction” score. (include four factors per country).
    10
    Structure of the report, research and analysis
     introductory paragraph
     appropriate use of paragraph and headings to explain and discuss
    ideas
     appropriate concluding paragraph
     tables and graphs should have a relevant title and each axis on the
    graphs should be correctly labelled.
     layout
     formatting
     spelling/grammar
     completeness of research and analysis
     accuracy and depth of analysis
     appropriate use of in-text and end text referencing
     appropriate number of references used
     quality of information sources
     appendices
    5
    Total marks 50
    DB106  Economic Principles microeconomic concepts  代写