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Send your best quoteHOLMES INSTITUTE HI5003 Economics for Business   ___________________________________________________________________________________________________ HOLMES INSTITUTE    FACULTY OF  HIGHER EDUCATION      Group  Assessment Details and Submission Guidelines  Trimester T1 2020  Unit Code HI5003  Unit Title Economics for Business  Purpose of the  assessment (with  ULO Mapping)  (i) Students are required to work in groups of 4 members to choose an  industry/Sector of their choice. While working in a specific group, students are  required to apply their knowledge learned in the course unit to write an  industry/sector report (Learning Outcomes 1, 2, 3, 5). (ii) Also, students may choose to work as individual. In this regard, contact the Unit  Coordinator specifying that you are working on your Group Assignment as  INDIVIDUAL and not group.     (iii) Finally, students should form their respective groups in the BB as INDIVIDUAL or  GROUP.   See Assignment Specifications for detailed requirements    ASSESSMENT  TYPE/Title    WEIGHT LEARNING  OUTCOMES  Word   Limit  Due date  Written Final  submission   Group/ Individual  mark  40% 1, 2, 3, 5 2500 See Guidelines  below  Total   40% 1,2,3,4,5  See Guidelines  below  Specific presentation and final assignment submission guidelines   Submission  Guidelines  (40 marks)  All work must be submitted on Blackboard by the respective due date along with a completed  Assignment Cover Page:      Final industry research submission   (i) Due date: Week-11, Mid night Monday June 8, 2020  (ii) Final submission research paper on you sector or industry should not exceed 2500 words  (iii) The assignment must be in MS Word format, single spacing, 12-pt Arial font and 2 cm margins  on all four sides of the page with appropriate section headings and page numbers.    (iv) Reference sources must be cited in the text of the report, and listed appropriately at the end  in a reference list using Harvard referencing style.  (v) Penalties apply for late submissions.  (vi) Students in a group are required to participate equitably in the group assignment and that  students are responsible for the academic integrity of all components of the assignment.  You  need to complete the following table which identifies which student/students are  responsible for the various sections of the assignment      HI5003 Economics for Business 2  Assignment Section Student/Students  Name                                                        Reg. No. Signature   1.     2.     3.     4.      The table on the previous page (Page 1) needs to be completed and submitted with the  assignment as it is a compulsory component required before any grading is undertaken.    Assignment 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.  The recommended assignment structure for final submission is as follows:   Table of content   Executive Summary (Optional)    Introduction   Introduction to the company   Industry/sector background   The market structure of the industry/sector   Factors that influence demand for the company’s product(s)   Factors that influence supply of the company’s product(s)   Elasticity   Impacts of an event on the industry/company   Conclusion   List of References.  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 covering the  next 5 years. Third, your Management Board requires that you make a presentation of your findings and  strategies, and you prepare a 2,500 word market report. The market report should, as a minimum, address  the following key issues:   1. A description of your company and the industry your company   2. An analysis of the market structure the industry  3. A discussion about the demand and supply conditions for your product(s) or service(s).  4. A discussion about the demand elasticity for your product(s) or service(s)  5. An analysis of a recent event that has (or is likely to have) substantial impacts on your industry/sector.   Note: if your company has many products and/or services, you can select a representative product/service to  discuss for points (2); (3); (4); and (5).  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.   HI5003 Economics for Business 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.   Australia sector/ industry selection distribution    1. Accommodation and Food Services   2. Agriculture sector: livestock and meat industry  3. Agriculture: fresh foods industry  4. Automotive industry   5. Aviation Industry  6. Banking and superannuation services   7. Building and construction  8. Construction services  9. Education University and tertiary institutions  10. Education: Early childhood and education care sector  11. Education: Schools education sector (Primary and secondary)  12. Education: Technical And Further Education (TAFE) sector   13. Energy Utilities Industry   14. Engineering and architectural services    15. Finance foreign exchange market  16. Financial services –Banking sector  17. Financial services -Insurance Service  18. Fishing   19. Forestry  20. Gasoline supply services   21. Health Care and Social Assistance  22. Healthcare services    23. Information: internet, radio and television communication  24. Information telephone communications   25. International trade  26. Labour industry  27. Leisure and hospitality   28. Manufacturing  sector   29. Media and Entertainment  30. Metals and Mining Industry   31. Petroleum exploration   32. Postal and Warehousing Professional   33. Private-for-hire Vehicle Industry in Public Transit  34. Property market, Rental, Hiring and Real Estate Services   35. Public Transport-Train services  36. Recreation/ Hotel and restaurants   37. Retail and consumer goods business   38. Scientific, Technical Services and Architectural services    39. Services industry  40. Tourism  41. Utilities: Electricity and  Gas services  42. Utilities: Water and Waste Services STUDENT ASSESSMENT SUBMISSION AND LATE PENALTIES    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.      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,  HI5003 Economics for Business 4  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.     Group Assessment Plan   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, will be reviewed by your  Lecturer. The lecturer is encouraged to review each submission and suggest areas for improvement where  appropriate, for more detailed study, or if acceptable to allow the students to proceed to the next phase in  development. At the end of the semester, each group is to present their entire Group Assessment in class or  via Video in class as will be determined by your Lecturer to the class.   File Exchange tool:   All the academic papers that are used in the assignment need to be posted on BB by using File Exchange  tool (Instruction in page 5, for further questions and advice, refer to your lecturer). Student needs to  highlight the discussion in the academic paper which is relevant to the discussion in the assignment.  Academic papers can be found in ProQuest (ProQuest instruction can be found in page 5 and 6. Please  refer to the Librarian if you have further question). Assignment will be marked ZERO if does not include  references list   Group needs to submit the Draft for their assignment by using File Exchange tool one week before the  due date of final submission. The draft needs to be different from the last submission and reflect the  changes.    If each member will do a part of the assignment, their work needs to be submitted by using File Exchange  also.    Presentation slides will be posted by using File Exchange tool.                                HI5003 Economics for Business   ___________________________________________________________________________________________________ Marking Rubric Criteria Excellent (>=80%) Very good (70-79%) Good (60-69%) Satisfactory (50-59%) Unsatisfactory (

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