EXAM ONLINE ECON3098 THE ASIAN ECONOMY - 18TH NOVEMBER 3:00PM AESTNEED THIS TASK TO GO WELL NEED AT LEAST 60% in this task and nothing less
The Exam - what to expect:
Much like the Mid-Session Test, the Exam will contain short answer questions, which may require maths and a diagram or diagrams, and longer prose questions.
Given the possible need for animated diagrams in the Exam, you will need to make sure you provide a copy of the file in addition to the PowerPoint file you submit to Turnitin (which will not preserve those animated effects). The Exam instructions page will tell you how to do this; these instructions are not difficult, though you will need to follow them carefully, and you will see that they are very similar to those set out for the in-Session assessments.
You can prepare a correctly named PowerPoint file well before the Exam, ready for insertion of your responses to the Exam questions. And you can take other steps to prepare, as you will see when the Exam instructions page, and the Guide to the Exam, are released in the next few days and weeks. Again the Mid-Session Test instructions and content will serve as a guide in what to expect.
Untitled Blair Department of Economics Macquarie University 2020 DEPARTMENT OF ECONOMICS Macquarie Business School ECON3098 THE ASIAN ECONOMIES GUIDE TO THE FINAL EXAMINATION SESSION 2 2020 This is a checklist of what you will need to study for the Final Examination. If a topic is not on this list, it will not be examinable. This Guide will direct you to the material on which you need to focus, but it still leaves you with the task of returning to the lectures, tutorial readings, and other materials and making yourself thoroughly familiar with that material. During the exam itself, you will not have time to search for answers, you will need to know them already. All the Exam questions will relate to specific articles, handouts and lectures, so generic discussions that might for example be found in an Internet search will not serve the purpose. You have experienced this already in the Mid-Session Test, and you know this to be a large but manageable task, and you can use the experience of the Introductory and Mid-Session Test to guide you in your preparations for the Final Exam. As you prepare for the Exam, keep in mind that part of its purpose is to assess your ability to accurately assimilate and discuss a particular argument. The ability to do this is a powerful business and academic skill. To gauge this, we need you to address the particular arguments presented in the lectures or articles. As regards for example the Miracle growth of our core economy Japan, you will need to address not some generic explanation of Japan’s success, but the particular explanation as presented in the lectures. You will be free to argue for or against that explanation, and again, demonstrating your skill in doing so is part of the purpose, but you will need to know the lecture or the article first in order to do so. Once again, you will need to be familiar with those lectures before the Final Exam to be able to answer the Exam questions in the time available. Concepts, Diagrams and Simple Equations: By now you are familiar with preparing and animating diagrams in PowerPoint. Make sure to prepare beforehand the diagrams for the key examinable models, and submit these rather than static hand drawn diagrams, which will not serve the purpose. 1) Know the diagram is, for and be able to explain, the two different types of Liquidity Trap. Again, prepare the diagrams beforehand. 2) You need the IS-LM maths and the accompanying diagram (including for example the Neo-Classical and Keynesian interpretations of the curves). Practice these calculations and diagrams, and show your practice responses in the forums online – these maths and diagram questions are an excellent source of marks as well as a means to a fuller understanding of basic economic concepts. 3) You will need the equation for the marginal efficiency of capital (know also the school of economics with which it is associated). 4) You must be able to explain the concept and the associated equation for intra-industry trade (this may require some simple calculations). Blair Department of Economics Macquarie University 2020 DEPARTMENT OF ECONOMICS Macquarie Business School Articles and Lectures in essay-style answers: Answers to essay questions always vary greatly, and you need to know the style of essay response that works for you in exam conditions. So as with the Mid-Session Test, practice this type of answer beforehand. Assume you have around 30 minutes to answer a question on an article; do a trial run, see what you can do in that time. Well structured answers can be quite short. As regards the lecture modules, we will focus on those that refer to the path to industrialisation taken by our core economy Japan. Therefore you should know Modules Three and Six (the latter the last to be released). But note that some of the concepts and diagrams listed above come from other modules – this focus on Modules Three and Six doesn’t exclude that other material. As regards the articles, be familiar (such that you do not need to search for answers, which will be impossible during the Exam) with the readings for Weeks Six, Twelve, and Thirteen. This is not a long list of topics. You will have seen already that much of the material that has been presented in the lectures, and many of the articles that you have read, have been omitted from this list. This is partly because some of the material has already been covered in the Mid- Session Test, and because we want to give you a manageable study load in recognition of your other commitments. But omitting the other material also has the trade-off that you must know the topics on this list reasonably well, again such that you will know the answers, know the articles, and the arguments presented in the lectures, well before you start the Exam. Our priority in the weeks before the Final Exam will be to help you prepare; posting questions, and answering the questions of other students, is a great way of preparing for the Exam so make you full use of the forums for this purpose. Any questions? Post them in the Questions forum. Alex Blair Economics 2020 Untitled Blair Department of Economics Macquarie University 2020 DEPARTMENT OF ECONOMICS Macquarie Business School ECON3098 THE ASIAN ECONOMIES GUIDE TO THE FINAL EXAMINATION SESSION 2 2020 This is a checklist of what you will need to study for the Final Examination. If a topic is not on this list, it will not be examinable. This Guide will direct you to the material on which you need to focus, but it still leaves you with the task of returning to the lectures, tutorial readings, and other materials and making yourself thoroughly familiar with that material. During the exam itself, you will not have time to search for answers, you will need to know them already. All the Exam questions will relate to specific articles, handouts and lectures, so generic discussions that might for example be found in an Internet search will not serve the purpose. You have experienced this already in the Mid-Session Test, and you know this to be a large but manageable task, and you can use the experience of the Introductory and Mid-Session Test to guide you in your preparations for the Final Exam. As you prepare for the Exam, keep in mind that part of its purpose is to assess your ability to accurately assimilate and discuss a particular argument. The ability to do this is a powerful business and academic skill. To gauge this, we need you to address the particular arguments presented in the lectures or articles. As regards for example the Miracle growth of our core economy Japan, you will need to address not some generic explanation of Japan’s success, but the particular explanation as presented in the lectures. You will be free to argue for or against that explanation, and again, demonstrating your skill in doing so is part of the purpose, but you will need to know the lecture or the article first in order to do so. Once again, you will need to be familiar with those lectures before the Final Exam to be able to answer the Exam questions in the time available. Concepts, Diagrams and Simple Equations: By now you are familiar with preparing and animating diagrams in PowerPoint. Make sure to prepare beforehand the diagrams for the key examinable models, and submit these rather than static hand drawn diagrams, which will not serve the purpose. 1) Know the diagram is, for and be able to explain, the two different types of Liquidity Trap. Again, prepare the diagrams beforehand. 2) You need the IS-LM maths and the accompanying diagram (including for example the Neo-Classical and Keynesian interpretations of the curves). Practice these calculations and diagrams, and show your practice responses in the forums online – these maths and diagram questions are an excellent source of marks as well as a means to a fuller understanding of basic economic concepts. 3) You will need the equation for the marginal efficiency of capital (know also the school of economics with which it is associated). 4) You must be able to explain the concept and the associated equation for intra-industry trade (this may require some simple calculations). Blair Department of Economics Macquarie University 2020 DEPARTMENT OF ECONOMICS Macquarie Business School Articles and Lectures in essay-style answers: Answers to essay questions always vary greatly, and you need to know the style of essay response that works for you in exam conditions. So as with the Mid-Session Test, practice this type of answer beforehand. Assume you have around 30 minutes to answer a question on an article; do a trial run, see what you can do in that time. Well structured answers can be quite short. As regards the lecture modules, we will focus on those that refer to the path to industrialisation taken by our core economy Japan. Therefore you should know Modules Three and Six (the latter the last to be released). But note that some of the concepts and diagrams listed above come from other modules – this focus on Modules Three and Six doesn’t exclude that other material. As regards the articles, be familiar (such that you do not need to search for answers, which will be impossible during the Exam) with the readings for Weeks Six, Twelve, and Thirteen.