Assignment for TECO401 the Principle of Economics
This assignment is an individual essay with 2000 words in length, and will contribute
15% to your final mark in this unit.
The student is required to select a newspaper/web article (not older than 3 months) for
an economics analysis, and apply Macroeconomics theory to explain and analyze the
article. The copy of the article showing source must be included with the analysis.
Written assessment is to be in a 12-point font 1.5 spaced with clear printing quality.
Single sided print and allow generous margins permitting comment if applicable from
the marker. Papers should be stapled in the left top corner; heavy single sheet pocket
folders are not acceptable and will be discarded.
Structure and citation of sourced work with references are to comply with scholarly
conventions. Harvard system is preferred. A useful site if unsure what reference style
is required is http://www.allenandunwin.com/estudy/referencing.asp
Please assure a thorough edit and spell check using English (Australian). Silly errors,
typographical mistakes and poor spelling detract will be penalized.
The Possible Topics Can be As Follows
GDP growth in China or India (or the Comparison between the GDP growth in
China and India or other developing countries)
Unemployment in Australia (or the Comparison of the unemployment rate
between Australian and US or Europe)
Inflation in China (or India) and Australia
The Relationship between Unemployment and Inflation Rate
The Poverties in China, India and other Developing Countries
RBA, Monetary Policy and Economic Growth
Exchange Rate Between China and Australia (or Exchange Rate between US and
Australia, Exchange Rate between US and China)
Marking Guide for Assignment
1. Introduction
2. Content of the topics
3. Development of the topics
4. Conclusion
5. Reference
6. Format
Total
8%
40%
30%
7%
10%
5%
100%
1. Introduction
8 marks
Demonstrated a clear introduction to
the essay
4 marks
Demonstrated a brief introduction to
the essay
2. Content of the Topics
40 marks
Well- defined
Macroeconomi
cs concepts
whenever the
concepts are
used
Appropriately
apply the
Macroeconomi
cs theories to
explain topics
in the essay
Employs the
appropriate
graphic
illustrations
25 marks
Usually defined
Macroeconomic
s concepts well
15 marks
Not always
well-defined
Macroeconomi
cs concepts
Apply
Macroeconomic
s theories to
explain the
topics in the
essay
Use appropriate
graphic
illustrations in
most cases
Not always
apply
Macroeconomi
c theories to
explain the
topics
Not always use
graphic
illustrations
well
5 marks
Did not define
Macroeconomi
cs concepts
well
Did not apply
Macroeconomi
c theories to
explain the
topics
Did not use
appropriate
graphic
illustrations
3. Development of the topics
30 Marks
Clear linkages, wellstructured the subtopics and well
explained the subtopics
Appropriately used
research materials or
evidences to support
your arguments
20 Marks
Most links between
each subtopics and
adequately explained
10 Marks
Inadequate evidence of
linkages of subtopics
Did not use research
material or evidences
to support you
arguments
Used some research
materials or evidences
to support your
arguments
4. Conclusion
7 marks
Demonstrated an excellent summaries
for the essay
4 marks
Demonstrated a good summary for the
essay
5. References
10 marks
Appropriately used Harvard reference
system
5 marks
Did not appropriately used reference
system
6. Format
5 marks
Used appropriate academic format
2.5 marks
Did not use appropriate academic
format