Weighting: 25%
Length and/or format: 1500 words
Purpose: To develop your familiarity with the language and tools of economic analysis and reasoning by critically analysing a contemporary issue.
Learning outcomes assessed:
• demonstrate an understanding of the basic methodology of economic analysis
• analyse the role and the impact of government intervention on that system
• demonstrate an understanding of the macro economy
• assess the impact of different market structures on consumers and business
How to submit: Turnitin 5 pm Friday of Week 10
Return of assignment: Within 2 weeks
Assessment criteria: See rubric attached to end of unit outline
Students will for analyse the economic conditions facing first time investors entering the stock market by applying the economic theories and concepts introduced in the Unit. The objective of the Individual Essay is to illustrate the application of economic concepts and theories to a real-world issue. Thus you will be required to review economic concepts that apply to your task, such as:
• demographic changes
• economic growth rates
• inflation/deflation expectations
• monetary and fiscal policy
Rubric – Assessment Task 2: Individual Essay
ILOs Criteria Standards

Below Expectations
Meets Expectations Exceeds Expectations
Level 1 (e.g. F) Level 2 (e.g. P) Level 3 (e.g. C) Level 4 (e.g. D) Level 5 (e.g. HD)
ILO 2 Introduction A fragmented introduction, untidy or rushed, or no introduction at all. A brief introduction, without fully explaining your standpoint proposition and introducing a general background to your topic. A good introduction, clearly explaining your standpoint proposition and introducing a general background to your topic. A very good introduction, clearly explaining your standpoint proposition and introducing a general background to your topic. An outstanding introduction, clearly explaining your standpoint proposition and introducing a general background to your topic.
ILO 2 ILO 3 ILO 6 Knowledge Displays a poor grasp of the learning material, appropriate theories and their applications. Displays some of the learning material, appropriate theories and their applications. Displays an above-average grasp of the learning material, appropriate theories and their applications. Displays a good grasp of the learning material, appropriate theories and their applications. Displays an excellent grasp of the learning material, appropriate theories and their applications.
ILO 2 ILO 3
ILO 6 Arguments Arguments are implausible and unsubstantiated.
Fails to address the question posed. Arguments are generally plausible with some evidence. Arguments with reasonable support Demonstrates high standard of insight and originality. Demonstrates exceptionally insightful and interesting arguments. A highly- structured and comprehensive response to the task.
ILO 2 ILO 3 ILO 6 Research Limited and /or irrelevant research Some research Adequate research Substantial research Extensive and relevant research
Report organisation
Disorganised, incoherent or no referencing Not always clear or concise. Adequate organisation Extraordinarily organised presentation Extraordinarily organised presentation with respect to organisation, clarity of expression, grammar, punctuation, pagination, spacing)