MCD1690: Introductory Economics
Trimester 3 2018
Part A: Week 5 / Part B: Week 7
This assignment is in two parts; the first is an individual component and the second part is a group component. This assignment is worth 20% of your final mark for this unit.
In the second component students are expected to work in groups of 2 or 3 to complete this assignment. The aim of group assignments is to stimulate learning using task-based activities to encourage discussion and extension of ideas. You will be required to apply concepts you have learned in class.
Students will receive an individual mark for the first component and then each member of the group will be awarded the same mark for the second component, so it is imperative that each student plays his or her part. If a member does not contribute it is the group’s responsibility to negotiate a fair and acceptable outcome with each other. If this fails and the group member concerned still does not perform, please inform your tutor.
WARNING: Collusion, plagiarism and cheating:
Working together, discussing ideas or helping one another with references and searching for references is fine. However, the piece of work that you finally submit for assessment should be your own. It should contain your ideas and be written in your own words.
Plagiarism occurs when students fail to acknowledge ideas that have been borrowed. Specifically, it occurs when:
It is accepted that students will assist each other with problems associated with their studies and discuss issues with each other. However, students must undertake all assigned work independently and students must not work in groups unless specifically requested to do so by the teacher.
Deliberate plagiarism is an attempt to obtain undeserved academic advantage and will be treated as cheating. Cases of deliberate plagiarism will be dealt with seriously. Students who are at all uncertain about what is required should consult their teacher.
Students should note that cheating or assisting to cheat is regarded as a very serious offence. Cheating means seeking to obtain an unfair advantage in an examination or in other written or practical work required to be submitted orcompleted by a student for assessment. Assisting to cheat means assisting a student with an examination or other written or practical work with the intention that the student will thereby obtain an unfair advantage.
Submission of substantially similar pieces of work is prima facie evidence of cheating. This does not mean that cheating is ‘deemed’ to have occurred and it does not reverse the onus of proof.
Substantial similarity of work can occur only if the students have:
Gross Domestic Product 50 Marks
Part A: Individual Research questions: [25 marks]
Create a team of 2 or 3 members. In your team, one member will choose a country that is regarded as an underdeveloped country, another member a developing country and the third member a developed country.
Answer the following questions and submit answers on a single sided paper, word processed with a cover sheet at the front.
A well labelled graph has a title, with clearly labelled axes. You also need to make sure that your graph has appropriate numbering.
(4+4 = 8 marks)
Part B: Group Work [25 marks]
Your group will consist of 2 or 3 people who have collected data about the GDP, growth of GDP and in relation to 2 or 3 different countries:
Use the information you found from the CIA Factbook in Part A, and information about your countries from other sources to describe the economy of your country and link it to its developmental status.
You will be assessed according to the following rubrics.
Q1 (a) State whether the countries are developed, developing or underdeveloped
Accurate statement of developed, developing and underdeveloped
Table of GDP per capita
Include table with no explanation
Include table with a some description of the various levels of GDP per capita
Include table with a detailed description of the various levels of GDP per capita
Description of economies
Briefly defines all the economies of all countries, with some understanding of how this relates to the developmental status
Accurately defines all the economies of all countries, with some understanding of how this relates to the developmental status
Accurately defines all the economies of all countries, with clear understanding of how this relates to the developmental status
Link to developmental status
Q1 (b) Show the growth rate of your countries on a graph
No graph or very poor
Graph- accurate and well labelled.
Explanation of growth rate
Clear understanding that developing countries have high growth rates and developed low.
Expectation of growth rate for the 3 types of economies
Accurately describes the average growth rate for the 3 types of economies
briefly describes the average growth rate for the 3 types of economies
Q2 (a) Present the data in a table or a graph, with a description
Graph or table accurately drawn but no description
Graph or table, Accurate data with in adequate description.
Graph or table, Accurate data with brief description.
Graphics - Originality
None of the graphics were made by the student
The graphics are made by the student, but are based on the designs or ideas of others.
One or two of the graphics used on the poster reflect student creativity in their creation and/or display.
Several of the graphics used on the poster reflect an exceptional degree of student creativity in their creation and/or display
The poster is distractingly messy or very poorly designed. It is not attractive.
The poster is acceptably attractive though it may be a bit messy.
The poster is attractive in terms of design, layout and neatness.
The poster is exceptionally attractive in terms of design, layout, and neatness
Graphics - Relevance
All graphics relate to the topic. The meaning is not clear. Most borrowed graphics have a source citation
All graphics are related to the topic and clearly show the intended meaning. All borrowed graphics have a source citation