QUESTION
News events with macroeconomics
1. Please read the guidelines carefully;
2. Any news event has occurred can be chosen as the content;
3. Please read the ppt slides uploaded before start writing;
4. Please ensure the Similarity Index of this paper should not exceed 5% around
AF5341
Economics for Financial Analysis
First Semester 2020/2021
Guidelines to Individual Assignment
- This is a take-home assignment on individual basis.
- You have to identify one pieces of news: one piece of news should be related with macroeconomics (lecture topic 7 to 9). There is no limitation on when and where the news event has occurred, but you have to state the time and location of the happening of the news event in your assignment. The news article which you are referring to can be published in either English or Chinese.
- For each piece of news, first you have to use a maximum of 100 words in describing the news event. There is no need to copy and paste the whole news article. Then, for each piece of news, you have to use 800 – 1,000 words in writing a report to analyze the news using the economic knowledge taught in our subject. If you have any diagrams or reference, please include them at the end of the report and they will not be counted towards the number of words requirement.
- You have to use the template presented on pages 3 – 5 of this question paper for preparing your report. You should use the font “Times New Roman size 12” with double line spacing.
- You are required to submit your assignment to Turnitin, a plagiarism prevention software built in Blackboard, to generate an Originality Report. The Similarity Index as indicated in the Originality Report should not exceed 20%. Please note that Originality Reports for initial submissions will be generated immediately. If you need to revise your assignment after the first submission to Turnitin, Originality Reports for any resubmission will require at least 24 hours to generate.
- You have to submit your final version of assignment before the deadline of 11:59pm on 29 November 2020 (Sunday) to the “Individual Assignment Submission” link of the Content page in Blackboard.
- You have to save your file using the following file name format: “surname_firstname_PolyUIDfirst5digit_classweekday”. An example is as follows: Chan_Yue_Cheong_20089_Friday.docx”.
- The total maximum mark for each piece of news is 12.5 and total maximum mark of this take-home individual assignment is 25. The criteria for grading are as follows:
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Criteria for grading |
Maximum Mark for each piece of news |
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Demonstration of understanding and application of economic knowledge taught in this subject* |
5 |
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Originality, contents and elaboration of argument |
5 |
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Clarity and quality of English writing |
2.5 |
* Please notice that you have to apply the economic knowledge taught in class. If you use other knowledge which is not directly related with or relevant to the economic knowledge covered in this subject, you will be given low scores even if your explanation is correct.
- The following are examples of news events discussed in the class for your reference. You should not directly use these news events in your assignment.
(a) In July 2019 there were massive fires in the Amazon rainforest. One of the reasons for these fires was that China has to demand for more soybeans and agricultural products from non-US countries due to the trade war between US and China. The conversion of rainforest to farmland by Brazilian farmers may lead to these massive fires. Based on this news event, you can discuss the effects of the US-China trade war on the demand and supply of agricultural products in those affected countries and their implications on the efficiency of resource allocation.
(b) In In-class Exercise 2.4 of Topic 2 we have discussed how the subsidy to the ethanol industry by the US government may lead to the increase in the price of bacon.
- Late submission of Individual Assignment will be subject to the penalty below:
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Mark deduction |
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Late for one or two days |
10% |
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Late for three or four days |
20% |
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Late for five or six days |
30% |
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Late for seven days |
40% |
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Late for eight days or more |
100% |
AF5341
Economics for Financial Analysis
First Semester 2020/21
Individual Assignment
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Surname: |
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First Name: |
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PolyU ID: |
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Class: |
Example: Friday, Saturday |
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Please show the word count of the following:
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Word Count
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Number of words used for describing the news related with microeconomics: |
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Number of words used for describing the news related with macroeconomics: |
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Number of words used for analyzing the news related with microeconomics: |
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Number of words used for analyzing the news related with macroeconomics: |
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News Related with Microeconomics
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Title of the news: |
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Event date of the news: |
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Location of the news event: |
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Source of the news (e.g., name of the newspaper, news media, website, etc): |
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Brief description of the news (use not more than 100 words, in font “Times New Roman size 12” and double line spacing):
(Provide your description here)
Analysis of the news (use 800 – 1,000 words, in font “Times New Roman size 12” and double line spacing):
(Provide your analysis here)
ANSWER
Please show the word count of the following:
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Word Count
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Number of words used for describing the news related with microeconomics: |
98 |
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Number of words used for analyzing the news related with macroeconomics: |
995 |
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| Subject |
Economics |
Pages | 11 | Style | APA |
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References
Coppock, L., & Mateer, D. (2017). Principles of macroeconomics. WW Norton.
Wamhoff, S., & Gardner, M. (2019). Who Pays Taxes in America in 2019. Institute on Taxation and Economic Policy.
Ryska, P. (2017). Deflation and Economic Growth: The Great Depression as the Great Outlier. Quarterly Journal of Austrian Economics, 20(2), 113-145.
McCausland, P. (2020). Generations of Americans are unemployed in the COVID-19 economy. Hear their stories.. Nbcnews.com. Retrieved 4 November 2020, from https://www.nbcnews.com/specials/generations-americans-unemployed-covid-19/.