AssessmentType:Macro economic Analysis-Individual Report Weighting: 40%
Learning Outcomes Assessed:ULO3and4 Word Limit: 3,000 words
Duedate:5September2024,11:59pm(AEST)
All submissions must be submitted with a signed Ozford Institute of Higher Education Cover Sheet via Moodle.Late submissions will attract apenalty of 5% of the assessment weighting for each calendar day late unless thel ecturer grants an extension.
Assume you are an entrepreneur planning to expand your business operations in Australia. As part of your business strategy, you need to analyze the macroeconomic environment to make informed decisions.
Reserve Bank of Australia https://www.rba.gov.au/AustralianBureauofStatisticshttps://www.abs.gov.au/
END OF ASSIGNMENT PAPER
Marking Rubrics
| Criteria | HighDistinction | Distinction | Credit | Pass | Fail |
| 80-100% | 70-79% | 60-69% | 50-59% | 0-49% | |
Understanding of Unemployment,Inflation,and GDP Growth Trends (10marks) | Demonstrates an excellent understanding of the current trends in unemployment, inflation, and GDP growth, providingaccurateandup-to- date data. Graphs are well- craftedandenhancethe discussion. | Demonstratesaverygood understanding with minor inaccuracies in data or interpretation. Graphs are clearandmostlyaccurate. | Demonstrates a good understandingwithsome inaccuracies.Graphsare included but may lack clarity or precision. | Demonstrates an average understandingwithsignificant inaccuracies or incomplete data.Graphsmaybepresent but are poorly constructed. | Demonstrates poor or no understandingofthetrends. Dataismissingorincorrect. Graphs are eitherabsentor irrelevant. |
Analysis of Business Decisionsin Responseto MacroeconomicChanges (10marks) | Providesaninsightfulanalysis of how changes in unemployment, inflation, and GDP growth affect business decisions, supported by relevant examples. | Providesastronganalysis with relevant examples, thoughsomeaspectsmay lack depth. | Providesabasicanalysis with some relevant examplesbutlacksdepth and detail. | Provides a superficial analysis with limited examples andminimal connectiontobusiness decisions. | Provideslittletonoanalysis. Examples are irrelevant or missing. |
Strategic Response to Project edInflation Increase (10marks) | Offers a comprehensive and well-justified strategy to adjust pricing, wages, and supply chain management in responsetoprojectedinflation. | Offersawell-justifiedstrategy with minor gaps in reasoning or detail. | Offersaplausiblestrategy but lacks thorough justification or detail. | Offersabasicstrategywith minimal justification. | Offers little to no strategy, withpoorornojustification. |
Evaluation of Government Policies and GDP Growth Impact on Business (5 marks) | Providesathoroughevaluation of government policies and their potential impact on businessexpansion,identifying bothopportunitiesandrisks with strong rationale. | Provides a strongevaluation withminorgapsinidentifying opportunities or risks. | Provides a basicevaluation,identifyingsome opportunities and risks but lacks depth. | Provides a superficial evaluation with limited identificationofopportunities or risks. | Provides little to no evaluation. Opportunities andrisksareeitherpoorly identified or absent. |
ReportStructureand Referencing (5 marks) | The report is excellently structuredwithaclearflowof ideas. All references are properly cited and listed accurately. | The report is well-structured with minor issues in flow or citation.Almostallreferences are properly cited. | The report is adequately structured,butsomeareas lack clarity. Most references are properly cited. | The report is somewhat disorganizedwithseveral issues in citation. Many referencesareimproperly cited or missing. | The report is poorly structured withlittle to no organization. Most referencesaremissingor incorrectly cited. |
| Total40 marks | Comments | ||||
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