Assessment Details and Submission Guidelines | |
Trimester | T2 2024 |
Unit Code | HI/HM5003 |
Unit Title | Economics for Business |
Assessment Type | Group Assignment |
Due Date + time: | October 4, 2024;Time 11.59 PM |
Weight | 40 % |
Total Marks | Assignment (40marks) |
Submission Guidelines |
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AcademicIntegrity Information | Holmes 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 |
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HI5003 Group Assignment T2 2024
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.
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.
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
Adapted Harvard Referencing Rules
Holmes has implemented a revised Harvard approach to referencing. The following rules apply:
content for lecturers and markers.
Where students do not follow the above rules:
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.
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.
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.
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.
Tool | Description |
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 group blogs. All group members 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 group journals. All group members receive the same grade. |
Send Email | Group members can email individual members or the entire group. |
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
Marking Rubric
Criteria | Excellent (>=80%) | Very good(70-79%) | Good (60-69%) | Satisfactory (50-59%) | Unsatisfactory (<50%) |
The degree of understanding and knowledge about the company and the industry which is shown in the description of the company &industry, and theanalysis of market structure (25 % of the totalmark) |
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information about thecompany/industry.
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) |
determinant, supported by excellent data or studies.
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determinant, supported by limited data or studies.
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 |
Criteria | Excellent (>=80%) | Very good(70-79%) | Good (60-69%) | Satisfactory (50-59%) | Unsatisfactory (<50%) |
(25% of the total mark) | 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, the format, structure, presentation, and writing of there port (25 % of the total mark) |
| -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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