Assignment 3: Individual Report 3 (Word limit: 2500 words where 10% variance is allowed)
Learning Outcomes
This assessment (Report-3) has covered the learning outcomes as follows:
Learning Outcome 2 (5%)
Assess the impacts of economic activity on business, society, and the natural environment to inform. business decisions applying economic tools and concepts.
Learning Outcome 3 (5%)
Evaluate the likely impacts on business of various macroeconomic considerations and government policy settings in an open economy to inform. business decisions.
Learning Outcome 4 (30%)
Analyze business and economic data and interpret quantitative analysis to inform. business decisions using quantitative analytic techniques.
Assessment Task(s):
All students note the following conditions:
1. Each student must choose one country (to represent the government and economy) approved by the lecturer before he/she starts writing the report.
2. Students must select different countries for this report. This ensures that we do not have plagiarism where students copy someone else’s assignment topic.
3. Similarly, each student must select a product that he/she usually buys approved by the lecturer before he/she starts writing the report.
4. Students must conduct research to write this report.
5. This assessment is designed to use actual data from the secondary sources and hypothetical data based on actual price of a selected product bought by each student.
The objectives of the assignment are to develop:
1. Intellectual rigour: a commitment to excellence in all scholarly and intellectual activities, including critical judgment
2. Knowledge of a discipline: command of a discipline to enable a smooth transition and contribution to professional and community settings
3. Creativity: an ability to develop creative and effective responses to intellectual, professional and social challenges
Students must write the assignment using the following structure:
1. Introduction
2. Application of Analytical Techniques for Quantitative Analysis
(a) Application of basic statistical techniques
(b) Simple linear regression
(c) Multiple linear regression model
3. Conclusion
4. Appendix
The lecturer will provide detail instructions of the assignment in a separate document before the start of the assignment writing.