ONCAMPUS Assignment Brief Academic Year 2021-22
Please read this document carefully. It includes the learning outcomes, assignment task, information about plagiarism and marking criteria. Please speak to your tutor if you have any questions.
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Programme |
Undergraduate Foundation Programme: Business, Economics, Finance and Management |
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Module |
UFPB2 – Economics and Finance |
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Assessment title |
Economics Essay: Examine the macroeconomic performance of an economy and analyse the policies used to influence the economic cycle. |
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Deadline date |
To be confirmed by your tutor |
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Weighting |
This assessment counts for 30% of your overall grade for this module |
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Pass mark |
40% *please note your University may require a higher grade for progression. |
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Assignment summary |
To examine the macroeconomic performance of an economy and analyse economic policies used to influence the economic cycle. |
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Submission of work |
http://www.turnitinuk.com |
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Feedback |
http://www.turnitinuk.com Feedback will also be communicated back to you via your tutor. They will confirm the timescale in which you will receive your feedback. |
Important details
Unless instructed otherwise by your tutor, please follow the below instructions:
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Word count |
1,000 to 1,500 words |
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File type |
Word processed |
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Font |
12 pitch font – Arial or Times New Roman |
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Format |
Double spaced and justified |
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Referencing |
Harvard system |
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Notes |
Your assignment must include page numbers and word count. You will receive a 10% penalty for this assignment if you go over the word count by more than 10%. If your assignment is significantly under the word count, you may not have answered the question in full. This will be reflected in your overall mark and feedback given by your tutor. The word count does not include contents, end of text references or appendices. |
Module learning outcomes: |
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On successful completion of this assessment, you will have met criteria towards the following module learning outcomes: Knowledge based outcomes:
Skills based outcomes:
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Assessment criteria: |
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In order to successfully complete this assessment and meet criteria towards the above learning outcomes, you must satisfy the following criteria:
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Assignment instructions: |
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Choose a country to research:
Use the following details to help structure your essay. Task 1 – GDP and economic growth (20 marks)
Task 2 – Unemployment (20 marks)
Task 3 – Inflation and balance of payments (20 marks)
Task 4 – Economic Policy (20 marks)
Task 5 – Presentation and Referencing (20 marks)
Extra Details about your assignment:
Extra Guidance for your Research: You may use the following databases to find data:
You must not reference any user-generated sources of information such as Wikipedia or forums. You could read these to get a general overview for your own understanding, but they should not be used in your references as they are not always reliable sources of information. If you are unsure of what is expected of you, please speak to your tutor. |
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Plagiarism |
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We expect all submitted work to be your own words (apart from in-text quotations), written in a style that reflects your English language level. If you copy other people’s work and present it as your own, this is called plagiarism and is a serious academic offence. The full details of our policy on academic misconduct can be found at the back of the Programme Handbook. You must complete a coursework submission sheet and attach this to the front of your assignment. Submissions without this sheet may be rejected and may result in a mark of 0 being awarded for this assignment. |
Marking criteria – Economics Essay
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Incomplete/Not Attempted |
Unsatisfactory |
Competent |
Strong |
Exceptional |
Total marks: 100 |
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| 0-3 Marks |
4-7 marks |
8-11 marks |
12-15 marks |
16-20 marks |
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| Task 1 GDP and economic growth (20 marks)
Research and comment on the GDP / GDP per capita of the chosen economy over the last decade. Explain the main reasons for the economic growth/decline Describe the economic/business cycle AC 3.1 3.2 3.3 |
Work is incomplete and/or bears no/ little resemblance to the task . | Poor research and explanation of GDP / GDP per capita of the chosen economy
Limited attempt to research and provide reasons for the economic growth/decline Poor or vague description of the economic/business cycle |
Basic understanding of
GDP / GDP per capita of the chosen economy with some reasonable evidence of research of the chosen economy Some attempt to research and provide reasons for the economic growth/decline over the Basic description of the economic/business cycle |
Clear knowledge and understanding of GDP / GDP per capita of the chosen economy with some good evidence of research of the chosen economy which is presented well.
Good attempt to research and provide reasons for the economic growth/decline over the decade Good description of the economic/business cycle which is mostly applied to the chosen economy |
Excellent understanding of GDP / GDP per capita of the chosen economy with thorough evidence of research of the chosen economy which is presented in a clear and professional manner. Very good evidence of providing reasons for the economic growth/decline over the decade
Excellent description of the economic/business cycle which is applied clearly to the chosen economy |
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| Task 2 Unemployment (20 marks)
Research and comment on the levels of unemployment in the economy researched Analyse how the Government can effectively reduce unemployment in the economy (either analyse the current policies used and/or make suggestions of policies than may be used) AC 3.1 3.2 3.3 |
Work is incomplete and/or bears no/ little resemblance to the task . | Poor understanding of unemployment in the economy researched
Limited evidence that the student understands how the Government can effectively reduce unemployment in the economy or makes few suggestions of policies than may be used |
Basic understanding of unemployment and makes attempts to apply the knowledge to the country chosen to research.
Some evidence of research and basic attempts made to suggest how the Government can reduce unemployment in the economy and/or make suggestions of policies than may be used |
Clear understanding of unemployment which is well applied to the country being researched.
Good evidence of research. Evidence of clear attempts to suggest how the Government can reduce unemployment in the economy and/or make suggestions of policies than may be used |
Excellent understanding of unemployment which is explained well and in the context of the chosen economy. There are coherent explanations as to
how the Government is tackling unemployment or makes very good suggestions of policies than may be used in the specific country being researched |
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| Task 3 Inflation and balance of payments(20 marks)
Research and comment on the inflation levels and balance of payments of the economy being researched Explain the impacts of inflation and the balance of payments on economic agents AC 3.1 3.2 3.3 |
Work is incomplete and/or bears no/ little resemblance to the task . |
One of the two components are missing or not detailed
Research on the inflation levels and balance of payments of the economy is limited with poor explanation of the impacts of inflation and the balance of payments on economic agents |
One of the two components may be limited or vague. Basic research evident on the inflation levels and balance of payments of the economy is limited. Basic explanation of the impacts of inflation and the balance of payments the economic agents. May be generic in nature but makes some attempt to apply to the country being researched. |
Both of the two components are included and detailed
Clear knowledge of inflation levels and balance of payments and applied, in the main, to the economy being researched. Clear explanation of the impacts of inflation and the balance of payments on the economic agents in the country being researched |
Both of the two components are included and very well explained
Excellent research on the inflation levels and balance of payments of the economy which is well presented and is specific to the economy being researched. Excellent explanation of the impacts of inflation and the balance of payments on the economic agents in the country being researched |
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| Task 4 Economic Policy (20 marks)
Discuss the use/effectiveness of economic policy (demand or supply side policy) to impact the economic cycle (either analyse the current policies used or make suggestions of policies than may be used) AC 3.1 3.2 3.3 |
Work is incomplete and/or bears no/ little resemblance to the task . | Very limited evidence to demonstrate knowledge of demand or supply side policy. Little evidence of research of the current economic policies being used or little attempt to make suggestions of policies than may be used | Some basic evidence to demonstrate knowledge of demand or supply side policy. Basic evidence of research of the current economic policies being used in the chosen economy or some attempt to make suggestions of policies than may be used to impact the business cycle | Clear knowledge and understanding of demand or supply side policy. Good evidence of research of the current economic policies being used in the chosen economy or some attempt to make suggestions of policies than may be used to impact the business cycle. The knowledge and suggestions are , in the main, applied to the economy being researched | Excellent knowledge and understanding of demand or supply side policy is evident which is specifically in the context of the economy being researched. Excellent evidence of research of the current economic policies being used in the chosen economy or an excellent attempt to make suggestions of policies than may be used to impact the business cycle of the specific chosen country. | |
| Presentation and
Harvard Referencing (20 marks) Check your work for spelling and grammar. Present you work in an acceptable format Use Harvard referencing |
Numerous deficiencies in expression and presentation; the writer may achieve clarity (if at all) only by using a simplistic or repetitious style.
Inadequate use of research/appendix. Little or no attempt to Harvard reference |
A simple basic style but with significant deficiencies in expression or format that may pose obstacles for the reader.
limited use of sources to support a point. Attempted to use Harvard referencing |
Reasonably competently written, with only minor lapses from standard grammar, with an acceptable format.
Uses a narrow variety of sources Reasonable use of sources to support points. Used Harvard referencing throughout, with some errors |
Well written, with standard spelling and grammar, in a readable style with acceptable format
Good range of sources and well organised and uses Harvard referenced with only a few mistakes. |
Excellently written, with minimal spelling and grammar, Excellent format, a wide range of resources used. Harvard referenced is accurate with no or only minor mistakes. |
