HI/HM5003 Economics for Business Assignment Help

Assessment Detailsand Submission Guidelines

TrimesterT2 2024, Block Mode1
Unit CodeHI/HM5003
Unit TitleEconomics for Business
Assessment TypeGroup Assignment
Due Date + time:August 30, 2024;Time 11.59 PM
Weight40 %
Total MarksAssignment (40marks)
Submission Guidelines
  • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.
  • The assignment must be in MS Wordformat unless otherwise specified.
AcademicIntegrity InformationHolmes Institute is committed to ensuring and upholding academic integrity. All assessments must comply with academic integrity guidelines. Please learn about academic integrity and consult your teachers with anyquestions. Violating academic integrity is serious and punishable by penalties thatrange from deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment, orcancellation of course enrolment.
Penalties
  • All work must be submitted on Blackboard by the due date and time, alongwith a completed Assessment Cover Page.Late penalties apply.
  • Your answers must be based on Holmes Institute syllabus of this unit. Outside sources may not amountto more than 10% of any answerand must be correctly referenced in full. Over-reliance on outside sources will be penalised
  • Reference sources mustbe cited in the textof the reportand listed appropriately at the end in a reference listusing Holmes Institute Adapted Harvard

    Referencing. Penalties are associated withincorrect citation and referencing.

HI5003 Group Assignment T2 2024

Group Assignment Guidelines and Specifications

 

Purpose:

This assignment aims to enhance students’ research and analytical ability through the application of their economics knowledge learned in the course unit to compose a company report.

 

  
 Text Box: ¾	Table of content
¾	Executive Summary
¾	Introduction
¾	Company background
¾	Industry/sector background
¾	The market structure of the industry/sector
¾	Micro-economic and macroeconomic factors that influence demand of the company’s product(s) or
services
¾	Micro-economic and macroeconomic factors that influence supply of the company’s product(s) or
services
¾	Elasticity
¾	Recent macroeconomic event that affected the industry/company and, Australia
¾	Recommendations
¾	Conclusion
¾	List of References.


The recommended assignment structure for final submission is as follows:

Note*: The structure content is not limited to the items listed above. Creativity for a better report

structure is a key requirement.

 

Detailed requirements of the assignment

You are a group of advisors to the Management Board in your company with Headquarters in Australia. As advisors you are first, required to conduct research on your selected sector/industry covering the previous 5- 10 years. Second, you are required to present a company strategy to your Management Board and to the Federal Government of Australia covering the next 5 years. Your Management Board requires that you submit a 3000-word market report containing your findings and strategies. Finally, your Management Board requires that your research should predominantly be based on microeconomic and macroeconomic theory and application of Holmes Institute syllabus.

 

Company Selection Guidelines

Note:

  1. Choose a company/firm of your choice.
  2. The company/firm must be an enterprise based in Australia either as a national enterprise or a multinational subsidiary in Australia with headquarters abroad

Note:

  1. if your company has many products and/or services, you can select a representative product/service to be the basis for your research.
  2. This report should provide useful information for your company’s Management Board. It should use a variety of resources, including the textbook, newspapers, industry reports, the ABS website, and other sources.
  3. Furthermore, your report should include headings and sub-headings. It needs to be properly referenced using the Harvard style and at least 5 references.

Student Assessment and Referencing Rules

 

Adapted Harvard Referencing Rules

Holmes has implemented a revised Harvard approach to referencing. The following rules apply:

  1. Reference sources in assignments are limited to sources which provide full text access to the source’s

content for lecturers and markers.

  1. The reference list must be located on a separate page at the end of the essay and titled: “References”.
    1. The reference list must include the details of all the in-text citations, arranged A-Z alphabetically by author surname with each reference numbered (1 to 10, etc.) and each reference MUST include a hyperlink to the full text of the cited reference source. For example:
  
 Text Box: 1. Hawking, P., McCarthy, B. & Stein, A. 2004. Second Wave ERP Education, Journal of Information Systems Education, Fall, http://jise.org/Volume15/n3/JISEv15n3p327.pdf
  1. All assignments must include in-text citations to the listed references. These must include the surname of the author/s or name of the authoring body, year of publication, page number of the content, and paragraph where the content can be found. For example, “The company decided to implement an enterprise-wide data warehouse business intelligence strategy (Hawking et al., 2004, p3(4)).”

 

Non-Adherence to Referencing Rules

Where students do not follow the above rules:

  1. For students who submit assignments that do not comply with the rules, a 10% penalty will be applied.
  2. Students who comply with rules and the citations are “fake” will be reported for academic


misconduct.

 

To be eligible to pass this unit, you must complete all forms of assessment and demonstrate achievement of the learning outcomes. All assignments must be submitted electronically ONLY using a word processor, uploaded to Blackboard via the Final Check and Submission of SafeAssign.

 

As per the Student Handbook, late penalties will apply each day after the student/s has been notified of the due date. Submission deadlines are strictly enforced and a late submission incurs penalties of 5 (five) % of the assessment value per calendar day unless an extension and/or special consideration has been granted by the lecturer prior to the assessment deadline. Unless an extension and/or special consideration has been granted, no assessments are accepted after 14 calendar days of the due date, or

the end of the trimester for assessments due later in a trimester. Students need to allow up to 24 hours for the Final Check of their assignment submission to SafeAssign to be available.

 

An effective way for students to learn economics is through participation in a Group Assessment

Project. This project is designed to accomplish effective learning.


During the course of the semester, each of the elements of your Group Assessment, may be reviewed by your Lecturer.

 

File Exchange tool:

All the academic papers that are used in the assignment need to be posted on BB by using File Exchange tool. Students need to highlight the discussion in the academic paper which is relevant issues related to the assignment. Academic papers can be found in ProQuest (ProQuest instruction can be found in page 6. Assignment will be marked ZERO if does not include references list.

 

Group Blog:

All the discussion about group assignment needs to be recorded by using Group Blog tool. The discussion must relevant to the content of the assignment and reflects the outcome of the group meeting.

 

How to do group assignment – Instruction Group tools

Your instructor chooses which communication and collaboration tools are available to your group. If you want to use a tool but don't find on your group's page, ask your instructor to enable it.

 

ToolDescription
File Exchange

Group members and instructors can share filesin this area.All members can add

and delete files,regardless of whoadded them.

Group Blog

In the group area, all members of a group can create entries for the same blog and build on each entry. All course members can read and comment on a group blog,but they can't makeposts unless theyare members of the group.Instructors

can choose to grade groupblogs. All groupmembers receive the same grade.

Group Journal

In the group area, all members of a group can view each other's entries. Only group members and instructors canview a groupjournal. Instructors can choose

to grade groupjournals. All groupmembers receive the same grade.

Send EmailGroup members can email individual members or the entire group.

 

Exchange files with a group

  • With file exchange, you can share files with other members of your group, including your instructor.
  • You can't create folders in file exchange. With your group, decide how you want to name files so that they are easier to locate in a long list.

 

Add a file to the file exchange

  1. Group Tools > File Exchange > Add File
    1. Add a name for the file you want to upload. Browse for the file and submit.
    2. Delete a file from the file exchange
    3. You can delete any file, even if you didn't upload it. On the File Exchange page, select Delete in the file's menu.

Group Blog

All the group members can discuss about the assignment by using Group Blog. Once you are allocated in a group, you can see this function.

Group > Group Tools > Group Blog > Create Blog Entry

 

ProQuest

To login

Go to: http://www.holmes.edu.au/ > Login > Proquest USERNAME: holmes2004 and; PASSWORD: holmes

 

Proquest Tips

Marking Rubric

 

CriteriaExcellent (>=80%)Very good(70-79%)Good (60-69%)Satisfactory (50-59%)Unsatisfactory (<50%)

The degree of understanding and

knowledge aboutthe company and the

industry which is shown in the description of the company &industry, and theanalysis of market

structure

(25 % of the totalmark)

  • Excellent understanding aboutthe company/industry with comprehensive and updated data.
  • Correct identification of the market structure, supported by extensive evidence about the approximate number of firmsin the market, market share, market leaders, product homogeneity/heterogeneity, etc.
  • Very good understanding aboutthe company/ industry with some updated data.
  • Correct identification of the marketstructure, supported by good

    evidence about the approximate number of firms in the market, market share, market leaders, product homogeneity/heterogeneity, etc.

  • Good understanding about the company/industry with few updateddata.
  • Correct identification of the market structure, supported by some evidence about the approximate number of firmsin

    the market, marketshare, market leaders, product

    homogeneity/heterogeneity, etc.

  • Reasonable understanding aboutthe company/industry witha limited amountof

information about thecompany/industry.

  • Address thequestion about marketstructure but mis-

identify the structure or

correctly identify the market structure but do not provide goodevidence to support.

Poor understanding aboutthe industry and

completely wrong

identification of the marketstructure with poorevidence to support.

The degree of analysis of demand and supply determinants; and the

discussion about price elasticity of demand

(25% of the totalmark)

  • Excellent analysis about demand andsupply

determinant, supported by excellent data or studies.

  • Conclusion aboutelasticity is strongly supported with

    excellent discussions/argument Or refer to studies in the

    literature to supportthe conclusion

  • Very good analysis about demand and supply determinant, supported by very gooddata or studies.
  • Conclusion aboutelasticity is supported with good

    discussions/argument Or refer to studies in the literature to support the conclusion

  • Good analysis about demand andsupply determinant, supported by good dataor studies.
  • Conclusion aboutelasticity is supported with limited

    discussions/argument.

  • Reasonable analysis about demand and supply

determinant, supported by limited data or studies.

  • Conclusion aboutelasticity is notsupported with

discussions/argument.

-Poor analysis about demand and supply determinant, with no supported discussion.

-Conclusion about

elasticity is not supported with

discussions/argument.

Analysis of a recent macroeconomic event that has affected the firm/ industry and, nation

-Excellentdescription of theevent

-Excellent discussion about the impactof the eventon the

market and nation, supported

-Very good description of the event

-Very good discussion about the likely impactof the eventon the

market, supported by some good

evidence (statistics, studies or

-Good description of the event

-Good discussion about the likelyimpact of the event on the market, supported by limited

evidence (statistics, studies or

-Reasonable description of the event

-Reasonable discussion about the likelyimpact of the event

-Poor description the event

-Poor discussion about the likelyimpact of theevent

 

CriteriaExcellent (>=80%)Very good(70-79%)Good (60-69%)Satisfactory (50-59%)Unsatisfactory (<50%)
(25% of the totalmark)by good evidence (statistics, studiesor articles thatdiscuss the actualor likely impacts).articles that discuss theactual or likelyimpacts).articles thatdiscuss the actualor likely impacts)on the market,not supported by good evidence

on the market,not

supported by any evidence

The degree of research, theformat, structure,

presentation, andwriting of thereport

(25 % of the totalmark)

  • Evidence of comprehensive and relevant research with correctreferencing.
  • Meet format requirements to a high standard, including clear structure, headings, word count(close to approximation) and excellent presentation.

-Evidence of very goodand relevant research with correct referencing.

-Meet formatrequirements to a very goodstandard, including clear

structure, headings, word count (close to approximation) and very goodpresentation.

-Evidence of good and relevant research with correct referencing.

-Meet formatrequirements to a good standard, including clear structure, headings, word count

(close to approximation) and good presentation.

-Evidence of reasonable research with some mistakes in referencing.

-Meet format requirements to a reasonable standard, but couldbe improved witha

clearer structure, headings, or may havebetter met wordcount approximation) and fair presentation.

-No good andrelevant research withmany

mistakes in referencing.

-May not have followed keyquestion selection

guidance, or may not meetformat requirements, such as clear discussions, titles or headings, word count, or poor presentation.

 

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