HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HC1072 Unit Title Economics and International Trade Assessment Type Individual...

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HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HC1072 Unit Title Economics and International Trade Assessment Type Individual Assignment This is strictly required to be your own original work. Plagiarism will be penalised. Students are required to apply the theories and knowledge derived from the unit materials, demonstrate critical analysis and provide a considered and comprehensive evaluation. Students must use correct in-text citation conventions. Assessment Title Tutorial Question Assignment Description Each week students were provided with three tutorial questions of varying degrees of difficulty. The tutorial questions are available in the Tutorial Folder, for each week, on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial question for weeks 1 to 11 inclusive and submit these answers in a single document. Purpose of the assessment and linkage to ULO. This assignment is designed to assess your level of knowledge of the key topics covered in this unit. Unit Learning Outcomes Assessed.: - Develop a broad understanding of the principles of macro and microeconomics in an economy. - Analyze economic environment nationally and internationally and its influence on business and national economic performance. - Critically analyze government’s fiscal and monetary policy and their influences on the economy and business in general. - Comprehend how economies benefit from international trade. - Synthesize theoretical and practical knowledge of economics for application in work-life situations. Weight 50% Total Marks 50 Marks Word limit No word limit. Answer each question as marks are allocated. Due Date Week 13 – Tuesday, 13 Oct 2020, 11:59 PM (Midnight) [Late submission penalties accrue at the rate of -5% per day] Submission Guidelines • The assignment will be submitted via Blackboard. Each student will be permitted only ONE submission to Blackboard. You need to ensure that the document submitted is the correct one. • The assignment must be in MS Word format, 1.5 spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. • Reference sources used must be cited in the text of the report, and listed appropriately at the end in a reference list, all using Harvard referencing style. Page 2 of 3 Assignment Specifications Tutorial 1 Week 2 Question 3 (11 marks) Stated below are 8 Economic Principles that we have covered in this unit. Select any 2 (out of 8) and explain the application of the principle by providing real life examples. Your explanation of the principle is worth 3 marks. An appropriate example is worth 2.5 marks. (5.5 x 2 = 11 marks) Principle 1: People face trade-offs. Principle 2: The cost of something is what you give up to get it. Principle 3: Rational people think at the margin. Principle 4: People respond to incentives. Principle 5: Trade can make everyone better off. Principle 6: Markets are usually a good way to organize economic activity. Principle 7: Governments can sometimes improve market outcomes. Principle 8: A country’s standard of living depends on its ability to produce goods and services. Tutorial 2 Week 3 Question 3 (7 marks) Draw a graph of market equilibrium. Explain what the equilibrium point means (3 marks). On the same graph, draw a condition of surplus (1 mark). Discuss what surplus means by answering the following sub-questions. a) Describe the behavior of buyers and sellers in times of surplus (1.5 marks). b) From your surplus price describe what will happen to the market price (1.5 marks). Tutorial 4 Week 5 Question 3 (7 marks) Compare and contrast Accounting Profit versus Economic Profit (4 marks). Can firms who earn zero economic profit continue to operate (1.5 marks)? Provide an explanation for your answer (1.5 marks). Tutorial 5/6 Week 6/7 Question 3 (7 marks) Describe and compare the level of price control within the four market structures (4 marks). Identify the market structure/s where a firm can be a price-maker (1 mark). If the firm is a price-maker, then the company will always be profitable. Explain why you agree or disagree with this statement (2 marks). Page 3 of 3 Tutorial 9 Week 10 Question 2 (7 marks) Cite and discuss the phases of a full business cycle with respect to GDP (3.5 marks) and unemployment (3.5 marks). Tutorial 10/11 Week 12 Question 3 (11 marks) The Australian government has taken several actions to manage the economy in response to the corona virus. Select any 2 actions and classify whether they fall under Fiscal Policy or Monetary Policy by stating the tools used and the desired effect of the action. (4 marks each x 2 = 8 marks) Does an economy need both Fiscal and Monetary Policy? Support your answer by enumerating the limitations of each policy (3 marks). Page 4 of 3 1 Assessment Task – Tutorial Questions Assignment Unit Code: HA1022 Unit Name: Principles of Financial Management Assignment: Tutorial Questions Assignment (Individual) Due: Week 13 – Friday, 16th October 2020 (11:30pm) Weighting: 50% Total Assignment Marks: 50 Marks Purpose: This assignment is designed to assess your level of knowledge of the key topics covered in this unit. Unit Learning Outcomes Assessed: 1. Explain the institutional framework of the Australian Financial System. 2. Discuss the specific roles of Commercial Banks and NBFIs (Non-Bank Financial Institutions) in the Australian Financial System. 3. Discuss the Equity Market, the instruments available and their uses. 4. Discuss the Short-Term and Long-Term Debt Markets, the instruments available and their uses. 5. Discuss the workings of Foreign Exchange Markets and how they facilitate international trade. 6. Discuss the Derivative Market, the instruments available and their uses. 7. Perform calculations to value securities traded in the financial markets. Description: Each week students were provided with three tutorial questions of varying degrees of difficulty. The tutorial questions are available in the Tutorial Folder, for each week, on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial question from weeks 1 to 12 inclusive and submit these answers in a single document. 2 The questions to be answered are; Question 1 (7 marks) (Note this question is from the Week 5 Tutorial) Discuss the five (5) principal functions of a modern and efficient stock exchange, which most developed or developing countries seek to establish? (7 marks. Word limit Maximum 500 words) Question 2 (7 marks) (Note this question is from the Week 6 Tutorial) Within the context of services provided by a stockbroker, discuss the two (2) main types of stockbrokers that an investor may choose to use. In your response, differentiate between the services provided by these two (2) types of stockbrokers. (7 marks. Word limit Maximum 500 words) Question 3 (7 marks) (Note this question is from the Week 7 Tutorial) Assume that you have $10,000 to invest in a term deposit. In this situation, explain which of the three (3) deposits listed below (a. – c.) you would select if the selection strategy is totally depend on the higher percentage per annum (per year). a) a 90-day deposit that has a maturity value of $10,250. b) a 130-day deposit that has a maturity value of $10,390. c) a 145-day deposit that has a maturity value of $10,420. 3 Question 4 (7 marks) (Note this question is from the Week 8 Tutorial) Explain the trade credit facility provided by some companies to their customers that allow them to manage their day-to-day liquidity situation and calculate the opportunity cost of an invoice that specifies the following conditions, as shown below (a. – c.): a) conditions: 1.25/10, n/30. b) conditions: 1.25/10, n/60. c) conditions: 1.5/10, n/60. Question 5 (11 marks) (Note this question is from the Week 9 Tutorial) As a small software developer firm, you have approached the AXZ Bank to obtain a term loan so that the firm can purchase a new server. The AXZ bank provides two (2) offers to your company, as listed below: a) a loan of $100,000 over a five (5) year period at an interest rate of 7.65% per annum (per year) payable at the end of each month. b) a loan of $100, 000 over a three (3) year period at an interest rate of 5.5% per annum (per year) payable at the end of each month. Requirements 1. Calculate the monthly loan instalments for each offer listed above – a) and b). 2. Calculate the
Answered Same DaySep 30, 2021HA1022

Answer To: HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Assessment Details and Submission Guidelines Trimester...

Komalavalli answered on Oct 06 2021
131 Votes
Tutorial 1 Week 2
The cost of something is what you give up to get it.
It is known as opportunity cost. We face opportunity cost in our
day to life, for example if i go to a restaurant, I can either buy burger or pizza because of budget constraint I face. In this situation my opportunity cost is the quantity of pizza i will give up in order get more burger.
People respond to an incentive:
Incentive (bonus) is essentially only additional advantage given to the individuals for their work in money related terms. Incentives likewise energize/rouse individuals to work in an exact manner. For example if a firm need their labor to produce more output by working long hours, they will provide extra pay which act as an incentive for the labors to work more hours and increase the firms production during peak season.
Tutorial 2 Week 3
Market equilibrium condition:
At market equilibrium condition supply curve(S) equals demand curve (D).Producers and consumers will face a market equilibrium price P* and quantity Q*.
If there is surplus in the market the supply curve will shift from S to S1 and the market price will be at P1, the quantity supplied is Q1.At this situation buyer tends to buy more products and this will shift their demand curve in such a way market surplus will be zero. .At this situation seller tends to sell less products and this will shift their supply...
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