(Solution) ECON11026 Principles of Economics
Description
Assessment tasks
1 Online Quiz(zes)
Students must attempt all three (3) quizzes online. These quizzes cover the topics from the first three weeks (Chapters1-4 & 6 of the prescribed text).
The quizzes comprise multiple choice questions. Students are expected to complete these quizzes progressively and not in one go.
3
Weekly
Week 5 Friday (14 Aug. 2020) 11:45 pm AEST
All three quizzes will close on Friday (Week 5) at 11.45 pm AEST
Feedback is provided after the completion of the quiz.
No Assessment Criteria
- Explain and graphically illustrate with examples various real life economic issues using basic economic theories
- Analyse firms production decisions in a range of market structures
- Problem Solving
- Critical Thinking
- Information Literacy
- Information Technology Competence
- Ethical practice
2 Written Assessment
Assessment 2 takes a short-answer format and requires responding to four questions focusing on the topics covered in Weeks 4-6 (Chapters 7-9 & 11 of the prescribed text). The task involves theoretical questions and the analysis of real-life applications of market structures, externalities and the role of government.
It is recommended that students work on the questions progressively rather than attempt to complete them in one go.
It is important that you familiarise with the University Plagiarism Policy
https://www.cqu.edu.au/student-life/services-and-facilities/referencing/what-is-plagiarism
Penalties apply for plagiarism including own-plagiarism.
Penalties (5% of the Assessment marks per day) also apply for late submissions without an approved extension.
Week 7 Friday (4 Sep. 2020) 11:45 pm AEST
Friday of Week 7
Week 9 Friday (18 Sep. 2020)
Two weeks turn around from the date of submission.
Assessment Criteria: Clarity of explanations, application of economic theory, analysis of the real-life scenario or policy, clarity of presentation, evidence of research and referencing.
More details of the task will be available on the Unit Moodle site.
- Explain and graphically illustrate with examples various real life economic issues using basic economic theories
- Analyse firms production decisions in a range of market structures
- Demonstrate how government intervention may be beneficial in cases of market failure in order to achieve more desirable outcomes for the economy and the society
- Analyse macroeconomic goals and suggest effective macroeconomic policies to achieve these goals in the real world and stabilise the economy.
- Communication
- Problem Solving
- Critical Thinking
- Information Literacy
- Ethical practice
3 Written Assessment
This assessment task covers the macroeconomic section of the unit. It requires you to demonstrate both theoretical and applied knowledge relating to the macroeconomy. In this task, students will analyse a contemporary macroeconomic policy issue and write a research essay on the topic (approximately 3000 words).
The task requires a significant research effort and wit ill take time to develop a quality response. Students are strongly encouraged to commence the task well before the deadline.
It is important that you familiarise with the University Plagiarism Policy.
https://www.cqu.edu.au/student-life/services-and-facilities/referencing/what-is-plagiarism
Penalties apply for plagiarism including own-plagiarism.
Penalties (5% of the Assessment marks per day) also apply for late submissions without an approved extension.
Week 12 Friday (9 Oct. 2020) 11:45 pm AEST
Friday of Week 12
Marks and feedback will be released after the grade certification.