MARKING RUBRIC Criteria Fall Pan Credit Distinction High Dutinction (50% - 648) (15% - 100%) Determination of Key issues and/or Limned identification of the identified of some of the identification of all key Comprehensive and the key haues problem in the case study kay isuirs and/or problemes lory issues andfor problem hisum and/or problems in integrated identification off andfor problems have not been identified in the case study in the case study the cale study the bay ases and/or in the case study problemi in the crim study 5 marks Analysis of Lack of critical analysis of Limbed critical analysis of Some critical analysis of the Competent level of critical Comprehenshe and identified rsur the hours in the case the bound in the case study issues in the case study analysis of the iswes in the integrated critical analysis the in the cai study case study Issues in the case study 7 marks Relevant the brand or timmbed application of the Relevant theories or Relevant theories of concepts Synthesis of the concepts not applied in relevant theories or concepts have been applied concepts have bean bren adequately appled in relevant literature the analysis of issues in concepts is the analysis of in the analysis of issues in correctly appled in the the analyst of hives in the 5 marks the case study Issues in the case study the case study analysis of issues in the case case study study An undocinsed, incoherent A somewhat focused A somewhat coherent and A clear and coherent write- An exceptionally clout, Structure and write-up. characterized by slightly incoherent write up. organized write-up and up, organized and including conche, and coherent write. mechanics disorganization andfor characterized by some induding most required all requires sections. up, critically organized and . Coherence and missing information. diorganization andfor information. Referencing format is including al required organization References are missing information Referencing format is rigorously achered to information. - APA fortes incomident with required References are incorontent athired to throughout the throughout the write-up. Referencing format is 3 maria format; a notatie number with required format; a write-up, with some eric's with vary from errors rigorously adhered to of erron present number of errors privient. present. throughout the write-up, with no errors presentT i e e e g i = ASSESSMENT DESCRIPTION: PART A There is an old expression in economics that 'there is no such thing as a free lunch'. Suppose that your colleague at work argues that that is now an outdated idea because the companies can freely advertise on social media such as Facebook, to what extent do you agree or disagree to this argument? Core activity. Apply business economic theory and principles to explain your points. This YouTube video might be helpful to answer this question: https://www.youtube.com/watch ?v=mA- annel= ralReserve t. PART B To what extent does government create wealth in an economy? Assuming you are a manager of a company, which government's market interventions (e.g. Fiscal Policy, Monetary Policy, etc) do you consider as crucial for the survival of your company? Discuss with practical examples. The format of the report should be as follows: 1) Introduction 2) Analysis / Report (Part A and Part B) 3) Recommendation Conclusion 4) Reference GENERAL NOTES FOR ASSIGNMENTS Assignments should usually incorporate a formal introduction, main points and conclusion, and will be fully referenced including a reference list. GENERAL NOTES FOR REFERENCING References are assessed for their quality. You should draw on quality academic sources, such as books, chapters from edited books, journals etc. Your textbook can be used as a reference, but not the lecturer notes. We want to see evidence that you can conduct your own research. Also, in order to help markers, determine students' understanding of the work they cite, all in-text references (not just direct quotes) must include the specific page number/s if shown in the original. Type of Assessment: Unit Learning Outcomes addressed: Assessment Task: Assessment 1 Case Study and Analysis a) Use the rational-actor paradigm to predict individual and firm behaviour. b) Apply economics in decision making with regards to production decision, production plans, pricing and hiring. d)Use available information to analyse relevant costs and benefits and make forecasts for future sales and demand. f) Critically examine and align individual and division incentives with the goals of the firm. Students will be presented with a case study involving analysis of a company's annual report. Students will: 1. prepare written answers to a set of questions related to the case study, and 2. submit an individual report based on the questions as though it were a formal report to senior management concerning the analysis