Coursework
Semester:
Autumn 2016
Module Code:
PM101
Module Title:
Business Economics
Programme
Business Management
Business Management (Travel & Tourism)
Management with Human Resource Management
Business Management and Information Technology
Human Resource Management with Information Systems
BSc Accounting and Finance
BA Accounting and Finance
Oil and Gas Management
Law with Management
Business Studies
Level:
Level 4
Awarding Body:
University of Plymouth
Module Leader
Stavros Anastasiou
Format:
Individual Report
Presentation:
No
Any special requirements:
All work should be submitted on the Student Portal along with an acceptable Turnitin Report
Word Limit:
1,500 words (+ or – 10%)
Deadline date for submission:
14th of December ,14.00pm, 2016
Learning outcomes to be examined in this assessment
a) Identify the nature of resource cost structure and the practical significance of different costs;
b) Explain the factors influencing optimum size and the significance of demand and supply relationships;
c) Demonstrate an understanding of the relevance and limitations of economic theory to management decisions.
Percentage of marks awarded for module:
The individual report is 50% of the total marks for the module.
Assessment criteria
Explanatory comments on the assessment criteria
Maximum marks for each section
Assessment criteria
Explanatory comments on the assessment criteria
Maximum marks for each section
KNOWLEDGE &
UNDERSTANDING
(Content,
relevance,
originality)
Clear demonstration of rigorous research from recognised authoritative sources. Audience focus. Evidence of excellent understanding of descriptive and inferential statistical concepts and probability theories
45%
Graduate Skills:
transferable,
employability,
practical and
academic skills
(Format,
referencing,
bibliography)
Correct use of Harvard referencing; well-structured answers with accurate statistics formulae (both manually and on excel), spelling, statistics vocabulary, grammar, punctuation, paragraphing and writing styles
30 %
INTELLECTUAL &
COGNITIVE SKILLS
Demonstration of a clear understanding of the issues. Use of academic models. Well-structured
25%
(Constructive
critical analysis,
introduction,
conclusion)
introduction and conclusions which flow logically. Demonstration of ability to use the right primary and secondary sources, methods and statistical techniques, especially excel.
Candidates must clearly label their ID Number on additional separate reference, formula or answer sheets.
Assignment Task: Individual Report
(This assignment comprises 50% of the final mark for this module)
You should answer the question in report form with introduction, main body and conclusion.
Global oil prices have fallen sharply over the past years, leading to significant revenue shortfalls in many energy exporting nations, while consumers in many importing countries are likely to have to pay less to heat their homes or drive their cars.
Question: How oil prices affect the Aggregate Demand and Aggregate Supply S of an economy?
Please select one of the below:
1) The petrol exporting nations
2) Petrol importing nations
GENERIC ASSESSMENT MARKING CRITERIA LEVEL 4
KNOWLEDGE & UNDERSTANDING INTELLECTUAL & COGNITIVE SKILLS Graduate Skills: transferable, employability, practical and academic skills Factual and conceptual knowledge and understanding; use of class materials; independent reading Critical thinking; conceptualisation; creativity; synthesis, analysis and evaluation; application; problem solving and research/investigation Written, oral and presentation skills; interpersonal, group and teamwork skills; leadership skills; numeracy; digital skills; practical, professional and academic skills (including referencing/presentation MARKING BAND MODULE LEARNING OUTCOMES CLASSIFICATION WEIGHTED AT 45% WEIGHTED AT 30% WEIGHTED AT 25%
86 – 100%
Achieved at this level
FIRST (1ST)
Includes all required factual content, accurately summarised.
Well developed, relevant, reasoned introduction and conclusions.
Within word count or presentation time.
Includes relevant factual content only.
Clearly and logically structured material.
Accurate spelling, grammar, punctuation, paragraphing.
Accurate identification of relevant concepts, theories and/or principles, appropriate to this level.
Information or data selected from a good range of primary and secondary sources, and categorised, analysed or evaluated using relevant methods or techniques.
Fluent, interesting writing style, appropriate to the assignment OR engaging, confident, audible and well paced presentation.
Excellent understanding of factual and conceptual material, relative to this level.
Well developed, coherent arguments, referencing primary and secondary literature.
Appropriate visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are accurate, clearly set out, with explanations.
Well developed integration of theory and practice, for this level, using defined conceptual frameworks.
Correct use of academic conventions, references and bibliography.
Independent, wide-ranging reading and research, from both primary and secondary sources, appropriate to this level.
Very good application of numerical and statistical methods to defined problems.
Outstanding, consistent delivery of group work obligations, for this level.
Substantiated, relevant recommendations. Very good awareness of ethical issues, where relevant.
Insightful reflection on own strengths and weaknesses in relation to defined professional and practical skills.
70 – 85%
Achieved at this level
FIRST (1ST)
Includes all required factual content, accurately summarised.
Well developed, relevant introduction and conclusions.
Within word count or presentation time.
Includes relevant factual content only.
Clearly structured material.
Accurate spelling, grammar, punctuation, paragraphing.
Accurate identification of relevant concepts, theories and/or principles, appropriate to this level.
Information or data selected from relevant primary and secondary sources, and categorised, analysed or evaluated using relevant methods or techniques.
Fluent writing style, appropriate to the assignment OR engaging, audible and well paced presentation.
Very good understanding of factual and conceptual material, relative to this level.
Coherent arguments, referencing primary and secondary literature.
Appropriate visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are accurate, clearly set out, with explanations.
Very good integration of theory and practice, for this level, using defined conceptual frameworks.
Correct use of academic conventions, references and bibliography.
Independent, wide-ranging reading and research, from both primary and secondary sources, appropriate to this level.
Good application of numerical and statistical methods to defined problems.
Very good, consistent delivery of group work obligations, for this level.
Relevant recommendations. Good awareness of ethical issues, where relevant.
Good reflection on own strengths and weaknesses in relation to defined professional and practical skills.
60 – 69%
Achieved at this level
UPPER SECOND (2:1)
Includes most required factual content, mostly accurately summarised.
Relevant introduction and conclusions.
Within word count or presentation time.
Includes relevant factual content only.
Clearly structured material.
Mostly accurate spelling, grammar, punctuation, paragraphing.
Mainly accurate identification of relevant concepts, theories and/or principles, appropriate to this level.
Information or data selected from some relevant primary and secondary sources, and categorised, analysed or evaluated using relevant methods or techniques but with some gaps or misunderstandings.
Mainly fluent writing style, appropriate to the assignment OR mainly engaging, audible and well paced presentation.
Sound understanding of factual and conceptual material, relative to this level.
Mostly coherent arguments, referencing primary and secondary literature.
Mostly appropriate visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are mainly accurate, mostly clearly set out, with mostly good explanations.
Good integration of theory and practice, for this level.
Mostly correct use of academic conventions, references and bibliography.
Independent reading and research from sufficient and mostly authoritative primary and secondary sources, appropriate to this level.
Mainly good application of numerical and statistical methods to defined problems, with some gaps, errors or misunderstandings.
Consistent delivery of group work obligations, for this level.
Some relevant recommendations. Satisfactory awareness of ethical issues, where relevant.
Clear reflection on own strengths and weaknesses in relation to defined professional and practical skills.
50 – 59%
Achieved at this level
LOWER SECOND (2:2)
Includes essential required factual content, but with some gaps or misunderstandings.
Adequate introduction and conclusions.
Within 10% of word count or presentation time.
Includes some irrelevant factual content.
Mostly clearly structured material.
Some mistakes in spelling, grammar, punctuation, paragraphing.
Some identification of relevant concepts, theories and/or principles, appropriate to this level.
Information or data selected from mainly secondary sources, and categorised, analysed or evaluated using mostly relevant methods or techniques but with gaps or misunderstandings.
Writing style is appropriate but not always fluent OR a presentation that is not always engaging, audible or well paced.
Adequate understanding of factual and conceptual material, relative to this level.
Limited arguments, referencing mostly secondary literature.
Inconsistent visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations may have inaccuracies, or issues relating to set out and explanation.
An adequate attempt to relate theory to practice, for this level, using defined conceptual frameworks.
Inconsistent use of academic conventions, references and bibliography.
Some independent reading and research from mainly secondary sources, appropriate to this level.
Adequate application of numerical and statistical methods to defined problems, with gaps, errors or misunderstandings.
Inconsistent delivery of group work obligations, for this level.
Basic recommendations. Satisfactory awareness of ethical issues, where relevant.
Some evaluation of own strengths and weaknesses in relation to defined professional and practical skills.
40 – 49%
Marginal achievement at this level
THIRD (3RD)
Includes limited required factual content, with many gaps or inaccuracies.
Basic introduction and conclusions.
Within 10% of word count or presentation time.
Includes considerable irrelevant factual content.
Unevenly structured material.
Frequent mistakes in spelling, grammar, punctuation, paragraphing.
Limited identification of relevant concepts, theories and/or principles, appropriate to this level.
Information or data selected from secondary sources, and poorly categorised, analysed or evaluated using inappropriate methods or techniques.
Awkward or inappropriate writing style OR a presentation that is not engaging, audible or well paced.
Limited understanding of factual and conceptual material, relative to this level.
Sense of emerging argument, mainly descriptive or personal opinion, with little reference to literature.
Clear but inappropriate visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are often inaccurate, with many issues relating to set out and explanation.
Limited attempt to relate theory to practice, using defined conceptual frameworks.
Inconsistent or incomplete use of academic conventions, references and bibliography.
Limited independent reading and research from secondary sources, appropriate to this level.
Weak application of numerical and statistical methods to defined problems, with many gaps or errors.
Unreliable delivery of group work obligations, for this level.
Recommendations lack clarity or may be incomplete. Little awareness of ethical issues, where relevant.
Limited reflection on own strengths and weaknesses in relation to defined professional and practical skills.
30 – 39%
Marginal failure at this level
FAIL. POSSIBLE COMPENSATION.
Includes insufficient required factual content, with significant gaps or inaccuracies.
Incoherent or irrelevant introduction and conclusions.
More than 10% outside word count or presentation time.
Includes substantial irrelevant factual content.
Incoherently structured material.
Serious mistakes in spelling, grammar, punctuation, paragraphing.
Very limited or inaccurate identification of relevant concepts, theories and/or principles, appropriate to this level.
Little selection of information or data, and little attempt at collation, categorisation, analysis or evaluation.
Poor writing style OR a presentation that is not engaging, audible or well paced.
Very limited understanding of factual and conceptual material, relative to this level.
Little or no argument, entirely descriptive or personal opinion, with no reference to literature.
Poor visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are mostly inaccurate, or incorrectly set out or explained.
Theory only sporadically related to practice, using defined conceptual frameworks.
Inaccurate or incomplete use of academic conventions, references and bibliography.
Minimal independent reading and research, appropriate to this level.
Very weak application of numerical and statistical methods to defined problems, with significant errors.
Poor delivery of group work obligations, for this level.
Irrelevant recommendations. Little or no awareness of ethical issues, where relevant.
Very limited reflection on own strengths and weaknesses in relation to defined professional and practical skills.
16 – 29%
Not achieved at this level
FAIL. NO COMPENSATION.
Includes almost no required factual content, and with very significant inaccuracies.
Incoherent or missing introduction and conclusions.
More than 10% outside word count or presentation time.
Includes mainly irrelevant factual content.
Very incoherently structured material.
Serious and extensive mistakes in spelling, grammar, punctuation, paragraphing.
No identification of relevant concepts, theories and/or principles.
No evidence of the selection, categorisation, analysis or evaluation of information or data.
Incoherent writing style OR an inaudible, poorly paced and unengaging presentation.
No understanding of factual and conceptual material, relative to this level.
No argument, entirely descriptive or personal opinion, with no reference to literature.
Very poor visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are inaccurate, with no explanations.
Theory not related to practice.
Very inaccurate or no use of academic conventions, references and bibliography.
No independent reading and research, appropriate to this level.
Minimal application of numerical and statistical methods and techniques to defined problems, with significant errors.
Very poor delivery of group work obligations, where relevant.
No recommendations. No awareness of ethical issues, where relevant.
Minimal or no evaluation of own strengths and weaknesses in relation to defined professional and practical skills.
0 – 15%
Not achieved at this level
FAIL. NO COMPENSATION.
Does not include required factual content.
No introduction and conclusions.
More than 10% outside word count or presentation time.
Includes entirely irrelevant factual content.
Very incoherently structured material.
Serious and extensive mistakes in spelling, grammar, punctuation, paragraphing.
No identification of relevant concepts, theories and/or principles.
No evidence of the selection, categorisation, analysis or evaluation of information or data.
Incoherent writing style OR an inaudible, poorly paced and unengaging presentation.
No understanding of factual and conceptual material.
No argument, entirely personal opinion, with no reference to literature.
Exceptionally poor visual presentation, including font, spacing, margins, headings, graphics, images and appendices.
Calculations are missing, with no explanations.
Theory not related to practice.
No use of academic conventions, references and bibliography.
No independent reading and research, appropriate to this level.
No application of numerical and statistical methods to defined problems.
No delivery of group work obligations, for this level.
No recommendations. No awareness of ethical issues, where relevant.
