“life satisfaction scores” economic crisis 代写
Melbourne Institute of Technology Pty LtdCRICOS Provider No: 01545C, 03245K NSWAssessment Details and Submission GuidelinesCourse Name: Diploma of BusinessUnit Code: DB106Unit Title: Economic PrinciplesAssessment Type: Group Assignment Trimester 2 2017Assessment Title: Assignment 2 (Group)Purpose of theassessmentThe purpose of this assignment is to assess the following LearningOutcomes:a. Demonstrate their understanding of fundamental problem ofscarcity facing in an economy.b. Apply the microeconomic concepts of demand and supply,price elasticity, market failure, cost and revenue concepts aswell as market structures.c. Apply the macroeconomic concepts such as economic growth,Gross Domestic Product, business cycle, unemployment,inflation, aggregate demand – aggregate supply model andgovernment policies.
“life satisfaction scores” economic crisis 代写d. Explain the importance of economic models and keyassumptions in economics.e. Apply economic models and assumptions to analyse a givensituation and/or media articles on economic issues.Weight: 25%Total Marks: 50Word limit: No more than 2,000 words in total (with limits of 1500 words forquestion 2 and 500 words for question 3Release Date: Week 6Due Date: Week 10Submission Guidelines: This assignment should be completed individually All work must be submitted via Turnitin by the due date alongwith a completed Assignment Cover Page. The assignment must be in Ms Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2 cm margins on all four sides ofyour page with appropriate section headings. Reference sources must be cited in the text of the report, andlisted appropriately at the end in a reference list using APAreferencing style.Extension If an extension of time to submit work is required, a SpecialConsideration Application must be submitted directly to theSchool’s Administration Officer, in Melbourne on Level 6 or inSydney on Level 7. You must submit this application threeworking days prior to the due date of the assignment. Furtherinformation is available at:http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/specialconsiderationdefermentAssignment Cover SheetStudent ID Number: Student Surname: Given name/s:Course: School:Unit code: Unit title:Due date: Date submitted: Campus:Lecturer: Tutor:All work must be submitted via Turnitin by the due date. If an extension of time to submit workis required, a Special Consideration Application must be submitted. Further information isavailable at:http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/specialconsiderationdefermentAcademic MisconductAcademic Misconduct is a serious offence. Depending on the seriousness of the case,penalties can vary from a written warning or zero marks to exclusion from the course orrescinding the degree. Students should make themselves familiar with the full policy andprocedure available at: http://www.mit.edu.au/about-mit/institute-publications/policies-procedures-and-guidelines/Plagiarism-Academic-Misconduct-Policy-Procedure. Forfurther information please refer to the Academic Integrity Section in your Unit Description.Student DeclarationI/We declare that: the work contained in this assignment is my/our own work/group work, except whereacknowledgement of sources is made; certify that this assessment has not been submitted previously for academic credit in this orany other course; I/we have read the MIT’s Plagiarism and Academic Misconduct Policy Procedure, and I/weunderstand the consequences of engaging in plagiarism; a copy of the original assignment is retained by me/us and that I/we may be required tosubmit the original assignment to the Lecturer and/or Unit Co-ordinator upon request;I/we have not plagiarised the work of others or participated in unauthorised collaboration whenpreparing this assignment.Student Signature: Date:Assignment detailsQuestion 1Data collection, presentation and analysisThe economic crisis in Greece has been in the news lately, as it looked likely to defaulton its debt. For this part of the assignment you will be collecting, presenting andanalysing economic data for Australia, Germany, Greece and an Asian country of yourchoice.Using The World Bank website (under Data), collect and present annual data showing:GDP per capita (in constant 2005 US$); the GDP annual percentage growth rate; theannual percentage inflation rate (using the GDP deflator figures); and the totalunemployment rate, for each of the four countries, for the years 2005 –‐2016 (for somecountries data may only be available up to 2013, in which case data from 2005 – 2013is acceptable).Present the data initially in tables. You may decide how many tables to use, and whichvariables/countries to include in each table. Each table must be numbered and have aclear heading/title indicating its contents, and a reference for the source of the dataunder the table.Use the data to construct the following graphs, using the graphing tool (line graphs) inExcel. Indicate under each graph which table/s the data came from. Make sure youalso label each axis and each variable, and give your graph a title.Figure 1: GDP per capita for all four countriesFigures 2, 3, 4 and 5: One figure for each country, with the GDP growth, inflation andunemployment rates for that country.Figure 6: GDP growth and unemployment rates for all four countries.Note: Please do not attach the excel file with your assignment. You need to usecopy/paste functions to transfer your graphs to the word document containing yourassignment.(15 points)Question 2 (no more than 1500 words)Using Figures 2 – 6, describe and analyse any general relationship you see betweenthe three variables in each of the countries. Is the relationship similar in each of thecountries? On the basis of the data collected, analyse any similarities and differencesin the performance of the economies. Refer to the data you have collected to supportyour analysis.
“life satisfaction scores” economic crisis 代写(20 points)Question 3 (no more than 500 words)Go to the OECD Better Life index www.oecdbetterlifeindex.org, and look at the countryreports for Australia, Germany and Greece. What are the “life satisfaction scores” foreach country? Using the factors measured in each country’s report, as well as the datayou found in Question 1, comment on factors you believe may contribute to eachcountry’s “life satisfaction” score. Include four factors per country. Explain yourreasoning.(10 points)Marking CriteriaAssessment Criteria Marks awardedQuestion 1: Present the data in tables showing: GDP per capita (in constant 2005 US$) GDP annual percentage growth rate Annual percentage inflation rate (using the GDP deflator figures) Total unemployment rate, for each of the four countries, for theyears 2005 –‐201615Question 2: Using Figures 2 – 6, describe and analyse any generalrelationship between GDP growth, inflation and unemploymentrates for each of the countries Analyse any similarities and differences in the performance of theeconomies20Question 3: Present “life satisfaction scores” for each country Using the factors measured in each country’s report, Identify and explain factors contributed to each country’s “lifesatisfaction” score. (include four factors per country).10Structure of the report, research and analysis introductory paragraph appropriate use of paragraph and headings to explain and discussideas appropriate concluding paragraph tables and graphs should have a relevant title and each axis on thegraphs should be correctly labelled. layout formatting spelling/grammar completeness of research and analysis accuracy and depth of analysis appropriate use of in-text and end text referencing appropriate number of references used quality of information sources appendices5Total marks 50 “life satisfaction scores” economic crisis 代写
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