“The Malaysian economy expanded strongly by 5.9% during the fourth quarter of 2017 (Q4 2016: 4.5%). Growth was supported by domestic demand, particularly private sector spending. On the supply side, all sectors registered a positive growth except mining and quarrying. For the year, the economy grew 5.9% (2016: 4.2%), surpassing the earlier estimation of 5.2% – 5.7%.
Based on the above statement:
·
explain the factors that have influenced the economic direction of Malaysia;
·
analyse the policies adopted by the Malaysian government to achieve the above growth rate.
MACROECONOMICS FIN3214 (CW) / Page 1 of 4 INTI INTERNATIONAL UNIVERSITY & COLLEGES BA (HONS) FINANCE, UNIVERSITY OF HERTFORDSHIRE FIN3214: MACRO FOUNDATIONS FOR FINANCE COURSEWORK: APRIL 2018 SESSION Coursework: 50% of your total assessment (individual) The aim of the essay is to assess students' ability to write on certain financial issues using economic theory and drawing from a variety of sources. Coursework question “The Malaysian economy expanded strongly by 5.9% during the fourth quarter of 2017 (Q4 2016: 4.5%). Growth was supported by domestic demand, particularly private sector spending. On the supply side, all sectors registered a positive growth except mining and quarrying. For the year, the economy grew 5.9% (2016: 4.2%), surpassing the earlier estimation of 5.2% – 5.7%. (http://www.treasury.gov.my/pdf/ekonomi/suku_tahunan/sukutahun4_2017.pdf) Based on the above statement: · explain the factors that have influenced the economic direction of Malaysia; · analyse the policies adopted by the Malaysian government to achieve the above growth rate. Students are expected to include: · any related economic theory to the above situation; · any relevant references/statistical evidence to support the discussion. A written essay of 1,500 - 2,000 words on the above scenario is expected. Students should apply their understanding of economic theory to explain and analyse the given task. Students should use references, e.g. textbooks, other newspaper articles, journal articles and web articles to help with the analysis. Students must ensure that they explain their discussion with reference to relevant data. Data which is presented should be informative and easy to understand. Simply constructing tables and/or graphs and “parachuting” them into your essay is not acceptable. Any data used must be referred to and used to illustrate the discussion in your essay. The 100 marks available for the essay will include the use of relevant economic theory, discussion of the question with evidence of research, and the use of appropriate statistical material (graphs and tables) to support your essay. Please review the assessment form at the end of this document before you undertake your research and essay. Here is the list of professional skills, which will be assessed in your essay: · Citations adequate and appropriate · Harvard system used · Paraphrasing correct (author, year) · Direct quotations correct (author, year, page number) · “Quotation” marks used appropriately · Appropriate balancing of paraphrasing and quotations · Use of appropriate referencing · Correct formatting · Legible and neat · Table of contents · Turnitin/Safeassign Report · 1.5 spacing · Length as specified in the outline/Word count · Correct grammar · Correct punctuation · Correct spelling Your essay may draw, in part, on material not discussed in lectures, until the end of the semester. The essay is your coursework assignment. As a result, it is up to you to read the appropriate material, make decisions on what are the most important concepts which need explaining/ discussing. · Your discussion must be presented using your own words. (Refer to the policy on plagiarism.) Essay has to be submitted to SafeAssign/Turnitin via Blackboard. · Word length: 1,500 words to 2,000 words. · Due date: Late penalty will be imposed for late submission. *Use punch hole and clip. Include a cover sheet with the required particulars, Originality report, the assessment form, and a hard cover at the back of your essay. Do not bind.* FIN3214 Essay (50%) REPORT Presentation & structure Use & presentation of Harvard Referencing Content/ Terms/ Findings/ Definitions/ Calculations Business Application & Integration of Data/Literature Discussion /Analysis /Critical evaluation &/or Reflection Any other lecturer instructions Task details Follows report structure & keeps to word limit of ... Follows Harvard style for in-text citation & Reference List Use a minimum of ... sources Content included - specify task requirements as in module guide & coursework guidance Integration & application of information - from coursework guidance /module guide Line of argument, development of discussion add instructional verbs to suit the task & level /marks /e.g. 10 Marks /e.g. 5 Marks / e.g. 30 Marks /e.g. 15 Marks /e.g. 40 Marks Lecturer comments: 80-100 Outstanding Outstanding... Presentation & report structure, with numbered paragraphs, list of contents/figures &appendices. Articulate & fluent academic writing style with ideas cross referenced. No grammatical / spelling errors. Outstanding... Standard of referencing within text & consistent use of Harvard referencing system. Accuracy of in-text references & full details shown in Reference list. Outstanding... Exploration of topic showing excellent knowledge & understanding through thorough & appropriate research. Impressive choice and range of appropriate content. Outstanding... Business insight & application. Breadth, depth & integration of literature/data into work. Outstanding... Level of discussion/analysis/ critical evaluation &/or reflection. Highly developed/ focused work. 70-79 Excellent Excellent ... Presentation & report structure, with numbered paragraphs, list of contents/figures, appendices & cross referencing. Articulate & fluent academic writing style. Only a minor error. Excellent... Standard of referencing within text & consistent use of Harvard referencing system. Accuracy of in-text references & full details shown in Reference list. Excellent ... Level of knowledge & understanding demonstrated. Evidence of appropriate reading. Covers all relevant points & issues. Excellent ... Business insight & application. Breadth, depth & integration of literature/data into work. Excellent... Level of discussion/analysis/ critical evaluation &/or reflection clearly developing points in the appropriate way with thorough consideration of all possibilities. 60-69 Very Good Very good... Presentation & report structure, paragraphing, use of numbering, list of contents/figures, appendices & cross referencing. Fluent academic writing style. Very few grammatical errors & spelling mistakes. Very good... Standard of referencing within text & consistent use of Harvard referencing system. Accuracy of in-text references & full details shown in Reference list. Very good... Level of knowledge & understanding demonstrated. Covers most relevant points & issues. Few errors / omissions in content/calculations. Very good... Business insight & application. Breadth, depth & integration of literature/data into work. Very good... Level of discussion/analysis/ critical evaluation &/or reflection & a few ideas/points could benefit from further development &/or evaluation/comparison. 50-59 Good Good... Clear presentation & report structure, use of numbering & appendices. Writing is mainly clear but some spelling &/ or grammatical errors. Good... Standard of referencing within text & consistent use of Harvard referencing system. Accuracy of in-text references & full details shown in Reference list. Good... Grasp of the topic & some of its implications presented. Knowledge & understanding is demonstrated. Minor errors / omissions in content/ calculations. Good... Business insight & application. Breadth, depth & integration of literature/data into work. Good... Level of discussion/analysis/ critical evaluation &/or reflection but more ideas/points could be addressed /developed further. 40-49 Satisfactory Satisfactory... Basic report structure. Not always written clearly & has grammatical & / or spelling errors. Satisfactory... Basic referencing within text & consistent use of Harvard referencing system. Accuracy of in-text references & full details shown in Reference list. Satisfactory... Content / level of knowledge of the topic. Addresses part of the task. Some errors / omissions in content/ calculations. May benefit from further research. Satisfactory... Business insight & application. Limited integration with literature/ data. Use of literature/data but limited in breadth OR depth. Satisfactory... Basic evidence of discussion/analysis/ critical evaluation &/or reflection but some points superficially made so need further development. 30-39 Marginal Fail Weak... Report format, limited or poor structure. Muddled work with many spelling & / or grammatical errors. Weak...Use of Harvard referencing system with errors & inconsistently applied. Limited referencing within the text. Limited accuracy of in-text references compared to those in the final Reference list. Weak... Limited content / knowledge/ calculations. Limited or muddled understanding of the topic/question. Does not meet all the learning outcomes. Weak... Unsatisfactory evidence of business application & insight Work needs to show better links between practical application and theory. Weak... Limited evidence of discussion/analysis/ critical evaluation &/or reflection. More development & comment needed. May need to do more than describe. 20 – 29 Clear Fail Inadequate... Report format and poor paragraphing / signposting. Inappropriate writing style Poorly written &/or poor spelling & grammar. Must see ASU Inadequate... Use of Harvard referencing with many errors &/or inconsistencies. Must see ASU Inadequate... Lacking in relevant content/ knowledge/calculations. Content irrelevant / inaccurate. Does not meet all the learning outcomes. Inadequate... Lacks evidence of business application & insight. Some literature irrelevant to topic. Inadequate... Lacking / inadequate level of discussion/ analysis/critical evaluation & /or reflection. Descriptive. Must see ASU 1 – 19 Little or Nothing of merit Nothing of merit... Poorly written work, lacking structure, paragraphing / signposting. Many inaccuracies in spelling & grammar. Must see ASU Nothing of merit... No or little attempt to use the recommended Harvard referencing system. Must see ASU Nothing of merit... Unsatisfactory level of knowledge demonstrated. Content used irrelevant / not appropriate/ to the topic. Does not meet the learning outcomes. Nothing of merit... No evidence of appropriate business application & insight. Nothing of merit... Unsatisfactory level of discussion/analysis/critical evaluation &/or reflection Must see ASU