Macroeconomics - Economics
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BCO1214 MACROECONOMICS Midterm Assignment Task brief
& rubrics
Outcomes: This task assesses the following learning outcomes:
• understand the forces determining macroeconomic variables such as national output, inflation, and unemployment.
• apply macroeconomic terminology and assess macroeconomic policy suggestions.
• evaluate real life situations with a practical application of the acquired tools and knowledge.
REPORT
Description:
x Weight: This task is worth 40% of your overall grade for this subject.
x Part of the session of Week 5 will be dedicated to the Midterm Assignment
Assignment Launch: Week 1.
Submission: Week 5 – Via Moodle (Turnitin). Submission Deadline 29th of August at 23:55 CET
Formalities:
x Wordcount: 1000 words
x You may want to include images/graphics etc. (for example from their website) to make your reasoning and argumention more visual and explicative
x Font: Arial. Size: 12,5pts. Line spacing: 1,5. Text align: Justified.
x Appendices and References, do not count towards the final wordcount but are strongly recommended (referencing websites, artic les, books etc.)
x The in-text References and the Bibliography have to be in Harvard’s citation style
REPORT TOPIC
The report should include the following sections:
x Cover Page: Title, Course, Name of Student
x Table of Contents
x Section 1. Consider the information of the first three classes. What is GDP? What is it made up of? What weight does Consumption have in
the GDP of the USA? And in China?
x Section 2. Consider the information of the first three classes. What is GDP? What is it made up of? What weight does Consumption have in
the GDP of the USA? And in China? Discuss to what extent these two countries’ economies complement each other.Evaluate how
sustainable the US model based on consumption is. How sustainable is the Chinese model based on Investment?
x Section 3. Consider the information of the first three classes. What explanation do they give for the difference between upper income
countries (like the USA) and middle or lower income countries (like China)
x Section 4 Evaluate the relative importance of having the biggest economy in the world (soon China) compared to having the most productive
large economy in the world (the USA). Identify the changes a country (like China) has to make to make its economy more productive.
x Bibliography
RECOMMENDED SOURCES:
x Data: tradingeconomics
x Information: world factbook cia.gov
x Data: www.worldbank.org
Rubrics
http://www.worldbank.org/
Exceptional
90-100
Good
80-89
Fair
70-79
Marginal fail
60-69
Knowledge and
Identification of
the main Issues
20%
Identifies and demonstrates a
sophisticated understanding of
the main issues / problems in
the case study
Identifies and demonstrates an
accomplished understanding of
most of the issues/problems.
Identifies and demonstrates
acceptable understanding of
some of the issues/problems in
the case study
Does not identify or
demonstrate an acceptable
understanding of the
issues/problems in the case
study
Application
30%
Student applies fully relevant
knowledge to the situation
provided
Student applies mostly relevant
knowledge to the situation
provided
Student applies some relevant
knowledge to the situation
provided. Some minor
misunderstandings may be
evident.
Student applies little relevant
knowledge to the situation
provided. Misunderstandings are
evident.
Evaluation
30%
Student assembles a coherent
response to the question,
providing a range of support
and justification that leads to a
well-reasoned conclusion
Student assembles a good
response to the question,
providing support and
justification that lead to a well-
reasoned conclusion
Student assembles a fair
response to the question,
providing some support and
justification that lead to a well-
reasoned conclusion. Minor
misunderstandings may be
evident
Student’s response to the
question lacks coherence.
Limited support and justification
are provided that may or may
not be well linked to the
conclusion
Communication
20%
Student communicates ideas
extremely clearly and
concisely. Compliance with the
guidelines on font, size, line
spacing and text align will also
be taken into account.
Student communicates ideas
clearly and concisely.
Compliance with the guidelines
on font, size, line spacing and
text align will also be taken into
account.
Student communicates ideas
fairly clearly and concisely.
Compliance with the guidelines
on font, size, line spacing and
text align will also be taken into
account.
Student attempts to
communicate ideas clearly and
concisely, with some problems.
Student does not follow the
guidelines on font, size, line
spacing and text align.
developed and interesting.
Conclusions are clearly
justified. Appropriate language
style and shows thorough, in-
depth understanding of the
subject area.
content showing in-depth
knowledge of subject area.
knowledge of the area.
Improvements would help to
justify conclusions.
but there are gaps in the
development or information
which is not relevant is given
too much importance.
repetition of written work with
no amendments to language or
style. The development is
confusing and does not justify
the conclusions.
Questions
and answers
20%
The candidate showed in-depth
knowledge, was well prepared
for the questions and expanded
answers in-depth showing
ownership of the subject area.
The candidate was well
prepared to answer questions
and showed in-depth
knowledge of the subject area.
Expanded on answers.
The candidate was able to
answer the questions but did
not expand on question areas.
The candidate attempted to
answer the questions but not
always appropriately.
The candidate was unprepared
and unable to answer pertinent
questions.
BCO1214 MACROECONOMICS Final Assignment Task brief & rubrics
REPORT
Description:
x Weight: This task is worth 60% of your overall grade for this subject.
x The session of Week 8 will have time dedicated to the final assignment
Assignment Launch: Week 5.
Submission: Week 8 – Via Moodle (Turnitin). Submission deadline September the 19th at 23.55
Formalities:
x The minimum amount of words to be used is 1500 and the maximm is 2200
x You may want to include images/graphics etc. (for example from their website) to make your reasoning and argumention more visual and explicative
x Font: Arial. Size: 12,5pts. Line spacing: 1,5. Text align: Justified.
x Appendices and References, do not count towards the final wordcount but are strongly recommended (referencing websites, articles, books etc.)
TOPIC
Eurozone and Macroeconomic goals
Write a report that assess the role of the Eurozone institutions to achieve macroeconomic goals during the Covid pandemic
The report should include the following sections:
x Cover Page: Title, Course, Name of Student
x Table of Contents
x Section 1. Choose a Eurozone country
o Identify the impact of the Covid pandemic on the country’s economy
o Using economic indicators (GDP, consumption, unemployment etc) analyse how deeply the country’s economy has been affected by the pandemic
x Section 2. Monetary Policy
o Which institution is responsible for Monetary Policy in the Eurozone. What tools can they use to to implement monetary policy in th e Eurozone?
o What policies have they implemented in response to the Covid pandemic?
o Explain with graphs what impact these policies should have in theory on the economy
o Evaluate the real impact of these policies on the economy of the country.
x Section 3. Fiscal Policy
o Which institution is responsible for Fiscal Policy in the Country you are studying. What tools can they use to to impl ement fiscal policy in their country?
o What policies have they implemented in response to the Covid pandemic?
o Explain with graphs what impact these policies should have in theory on the economy
o Evaluate the real impact of these policies on the economy of the country.
x
x Section 4. Conclusion
o Evaluate if the monetary and fiscal policy have been appropriate for your country. What other measures would you have taken o r what changes would you
have made to the policies they did introduce?
x Bibliography
Outcomes: This task assesses the following learning outcomes:
• understand the forces determining macroeconomic variables such as national output, inflation, unemployment, and interest rates.
• apply macroeconomic terminology and assess macroeconomic policy suggestions.
• evaluate real life situations with a practical application of the acquired tools and knowledge.
Rubrics
RECOMMENDED SOURCES:
x Data: Eurostat https://ec.europa.eu/eurostat/home
x Information: European Commission https://ec.europa.eu/info/index_en
https://ec.europa.eu/eurostat/home
https://ec.europa.eu/info/index_en
Exceptional
90-100
Good
80-89
Fair
70-79
Marginal fail
60-69
Knowledge and
Identification of
the main Issues
20%
Identifies and demonstrates a
sophisticated understanding of
the main issues / problems in
the case study
Identifies and demonstrates an
accomplished understanding of
most of the issues/problems.
Identifies and demonstrates
acceptable understanding of
some of the issues/problems in
the case study
Does not identify or
demonstrate an acceptable
understanding of the
issues/problems in the case
study
Application
30%
Student applies fully relevant
knowledge to the situation
provided
Student applies mostly relevant
knowledge to the situation
provided
Student applies some relevant
knowledge to the situation
provided. Some minor
misunderstandings may be
evident.
Student applies little relevant
knowledge to the situation
provided. Misunderstandings are
evident.
Evaluation
30%
Student assembles a coherent
response to the question,
providing a range of support
and justification that leads to a
well-reasoned conclusion
Student assembles a good
response to the question,
providing support and
justification that lead to a well-
reasoned conclusion
Student assembles a fair
response to the question,
providing some support and
justification that lead to a well-
reasoned conclusion. Minor
misunderstandings may be
evident
Student’s response to the
question lacks coherence.
Limited support and justification
are provided that may or may
not be well linked to the
conclusion
Communication
20%
Student communicates ideas
extremely clearly and
concisely. Compliance with the
guidelines on font, size, line
spacing and text align will also
be taken into account.
Student communicates ideas
clearly and concisely.
Compliance with the guidelines
on font, size, line spacing and
text align will also be taken into
account.
Student communicates ideas
fairly clearly and concisely.
Compliance with the guidelines
on font, size, line spacing and
text align will also be taken into
account.
Student attempts to
communicate ideas clearly and
concisely, with some problems.
Student does not follow the
guidelines on font, size, line
spacing and text align.
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CATEGORIES
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Human Resource Management
Accounting
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Engineering
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Reading
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