ASSESSMET CHECKLIST FOR HND PROGRAMS FACULTY OF BUSINESS, HOSPITALITY, ACCOUNTING, AND FINANCE ASSIGNMENT BRIEF Programme Name Bachelor of Business Administration Course Name Microeconomics Course Code ECO2013 Session/Semester AUG 2022 Course Leader Name Eliza Kori Assessment Type Group Assignment Internal Verifier Name Mazlina Muhammad Dean / Head of School Name Dr Syriac Student Name Student ID Student’s declaration I hereby certify that this assignment is my own work and where materials have been used from other resources, they have been properly acknowledged. I also understand I will face the possibility of failing the module if the content of this assignment is plagiarized. Signed: ________________________ Date: _________________ Feedback/Feedforward given by Lecturer (Feedback to be provided within 2 weeks of deadline) Feedback received by Student: Comments by student: Date: Signature: Coursework policies 1. All coursework submitted must include the signed coversheet 2. Students MUST keep a copy of all submitted work for reference purposes prior to the original being handed in and returned. This will provide proof that the work was completed, in the event that the work goes astray. 3. All work must be submitted in the mode instructed by the Course Leader. 4. Work submitted under the student’s ID must only be the work of that student. All information sources must be acknowledged, by providing a reference to the source both within the text and in the form of a reference list and/or bibliography at the end of the submission. Not to do so is plagiarism, which is academic misconduct and will be dealt with as set out in the rules and regulations of MAHSA University. 5. You should provide your word count at the end of your report or essay. This should exclude your abstract, contents page, reference list and/or bibliography and appendices. You must not exceed the permitted word count by more than 10%. If your work is significantly shorter, you will probably have failed to provide the level of content required. 6. If you submit work after the submission deadline, you will fail in the coursework component. However, the Course leader may comment on the quality of the work for learning purposes. The only exception to this is if you experience very serious circumstances which prevented you submitting your work on time, in which case you can apply for “extenuation”. For more information you may refer to your lecturer. 7. You must Turnitin your report. The maximum permitted level of Similarity index is 30%. But ensure that a single or a few sources do not contribute to this 30%. 8. SUBMISSION DATE: 14TH OCTOBER 2022 (UPLOAD YOUR ASSIGNMENT TO LMS). 9. PRESENTATION DATE: 14TH OCTOBER 2022 (8AM) Grading Criteria Used To Assess Work MARKS GRADE GRADE POINT STATUS 90-100 A+ 4.00 DISTINCTION PASS 80-89 A 4.00 (3.75) 75-79 A- 3.67 (3.75) CREDIT 70-74 B+ 3.33 65-69 B 3.00 60-64 B- 2.67 55-59 C+ 2.33 PASS 50-54 C 2.00 45-49 C- 1.67 MARGINAL FAIL 40-44 D+ 1.33 FAIL 35-39 D 1.00 30-34 E 0.67<30 f 0.00 marking criteria for report submission evaluation criteria excellent 100% good 75% moderate 50% average 25% poor 0% introduction 15 11.25 7.5 3.75 0 economic resources: developing country 15 11.25 7.5 3.75 0 economic resources: developed country 15 11.25 7.5 3.75 0 economic system: developing country 15 11.25 7.5 3.75 0 economic system: developed country 15 11.25 7.5 3.75 0 conclusion 15 11.25 7.5 3.75 0 referencing and citations (harvard format) 5 3.75 2.5 1.25 0 appendix (picture/article/news) 5 3.75 2.5 1.25 0 total marks (100) 100 assignment brief 1. assignment title: microeconomics theory 2. course learning outcome (clo): 1. describe the allocation of scarce resources, that scarcity forces choice, tradeoffs exist and that every choice has an opportunity cost. demonstrate these concepts using a production possibility frontier diagram. 2. discuss the costs of production and how profit-maximizing firms determine how much to produce. be able to distinguish between long-run decisions and short-run decisions. 3. distinguish between perfect competition and imperfect competition and be able to explain the welfare loss in non-competitive markets. 3. introduction: economics resources and economic system 4. tasks: choose two countries (from developing and developed country) to differentiate their: a) economic resources in the countries. analyze the availability of resources in the country by using relevant sources and example. i. land ii. labor iii. capital iv. entrepreneur b) economics system practices by the countries. analysis on the few phases of economics system (such as before independence and after independence) 5. information sources: reference books n. gregory mankiw, goh sookhoon, yen siewhwa, muszafarshahmohd mustafa and ong hway boon. (2011), 1st edition, principles of microeconomics: malaysian edition. cengage learning asia pte ltd. devigavengedasalam, karunagaranmadhavan. (2010), principles of economics, 3rd edition. oxford university press. tey hwei choo et al., fundamentals of economics, oxford university press. 6. instructions to students: structuring and formatting your submission your report should contain the following: title page, including the given title in full. contents page introduction main body, which should be organised into numbered sections under appropriate headings. conclusion appendices, which should be numbered. reference list/bibliography word count; excluding the abstract, contents page, appendices and reference list/bibliography please use the cover page provided by the lecturer its compulsory to turnitin your work please adhere to harvard referencing. for details refer to https://www.citethisforme.com/harvard-referencing or http://www.harvardgenerator.com/ http://www.harvardgenerator.com/ formatting the report the report should be word processed on a4 size paper with 12 font size, times new roman, 1.5 spacing. pages should be numbered. your name should appear only on the cover page. your student id(s) should be included on every page as a header outcome – assessment mapping no. learning outcomes assessment methods clo 1 clo 2 clo 3 clo 4 clo 5 1 group assignment / / / / / 2 presentation / / / / / 3 midterm / / / / / 4 final exam / / / / / f="" 0.00="" marking="" criteria="" for="" report="" submission="" evaluation="" criteria="" excellent="" 100%="" good="" 75%="" moderate="" 50%="" average="" 25%="" poor="" 0%="" introduction="" 15="" 11.25="" 7.5="" 3.75="" 0="" economic="" resources:="" developing="" country="" 15="" 11.25="" 7.5="" 3.75="" 0="" economic="" resources:="" developed="" country="" 15="" 11.25="" 7.5="" 3.75="" 0="" economic="" system:="" developing="" country="" 15="" 11.25="" 7.5="" 3.75="" 0="" economic="" system:="" developed="" country="" 15="" 11.25="" 7.5="" 3.75="" 0="" conclusion="" 15="" 11.25="" 7.5="" 3.75="" 0="" referencing="" and="" citations="" (harvard="" format)="" 5="" 3.75="" 2.5="" 1.25="" 0="" appendix="" (picture/article/news)="" 5="" 3.75="" 2.5="" 1.25="" 0="" total="" marks="" (100)="" 100="" assignment="" brief="" 1.="" assignment="" title:="" microeconomics="" theory="" 2.="" course="" learning="" outcome="" (clo):="" 1.="" describe="" the="" allocation="" of="" scarce="" resources,="" that="" scarcity="" forces="" choice,="" tradeoffs="" exist="" and="" that="" every="" choice="" has="" an="" opportunity="" cost.="" demonstrate="" these="" concepts="" using="" a="" production="" possibility="" frontier="" diagram.="" 2.="" discuss="" the="" costs="" of="" production="" and="" how="" profit-maximizing="" firms="" determine="" how="" much="" to="" produce.="" be="" able="" to="" distinguish="" between="" long-run="" decisions="" and="" short-run="" decisions.="" 3.="" distinguish="" between="" perfect="" competition="" and="" imperfect="" competition="" and="" be="" able="" to="" explain="" the="" welfare="" loss="" in="" non-competitive="" markets.="" 3.="" introduction:="" economics="" resources="" and="" economic="" system="" 4.="" tasks:="" choose="" two="" countries="" (from="" developing="" and="" developed="" country)="" to="" differentiate="" their:="" a)="" economic="" resources="" in="" the="" countries.="" analyze="" the="" availability="" of="" resources="" in="" the="" country="" by="" using="" relevant="" sources="" and="" example.="" i.="" land="" ii.="" labor="" iii.="" capital="" iv.="" entrepreneur="" b)="" economics="" system="" practices="" by="" the="" countries.="" analysis="" on="" the="" few="" phases="" of="" economics="" system="" (such="" as="" before="" independence="" and="" after="" independence)="" 5.="" information="" sources:="" reference="" books="" n.="" gregory="" mankiw,="" goh="" sookhoon,="" yen="" siewhwa,="" muszafarshahmohd="" mustafa="" and="" ong="" hway="" boon.="" (2011),="" 1st="" edition,="" principles="" of="" microeconomics:="" malaysian="" edition.="" cengage="" learning="" asia="" pte="" ltd.="" devigavengedasalam,="" karunagaranmadhavan.="" (2010),="" principles="" of="" economics,="" 3rd="" edition.="" oxford="" university="" press.="" tey="" hwei="" choo="" et="" al.,="" fundamentals="" of="" economics,="" oxford="" university="" press.="" 6.="" instructions="" to="" students:="" structuring="" and="" formatting="" your="" submission="" your="" report="" should="" contain="" the="" following:="" ="" title="" page,="" including="" the="" given="" title="" in="" full.="" ="" contents="" page="" ="" introduction="" ="" main="" body,="" which="" should="" be="" organised="" into="" numbered="" sections="" under="" appropriate="" headings.="" ="" conclusion="" ="" appendices,="" which="" should="" be="" numbered.="" ="" reference="" list/bibliography="" ="" word="" count;="" excluding="" the="" abstract,="" contents="" page,="" appendices="" and="" reference="" list/bibliography="" ="" please="" use="" the="" cover="" page="" provided="" by="" the="" lecturer="" ="" its="" compulsory="" to="" turnitin="" your="" work="" ="" please="" adhere="" to="" harvard="" referencing.="" for="" details="" refer="" to="" https://www.citethisforme.com/harvard-referencing="" or="" http://www.harvardgenerator.com/="" http://www.harvardgenerator.com/="" formatting="" the="" report="" ="" the="" report="" should="" be="" word="" processed="" on="" a4="" size="" paper="" with="" 12="" font="" size,="" times="" new="" roman,="" 1.5="" spacing.="" ="" pages="" should="" be="" numbered.="" ="" your="" name="" should="" appear="" only="" on="" the="" cover="" page.="" ="" your="" student="" id(s)="" should="" be="" included="" on="" every="" page="" as="" a="" header="" outcome="" –="" assessment="" mapping="" no.="" learning="" outcomes="" assessment="" methods="" clo="" 1="" clo="" 2="" clo="" 3="" clo="" 4="" clo="" 5="" 1="" group="" assignment="" 2="" presentation="" 3="" midterm="" 4="" final="" exam="">