SECTION B: ASSESSMENT
Assessment Form of Assessment
Assessment 1 Authentic tasks 20%
Assessment 2 In session tests 25%
Assessment 3 Final exam 55%
Assessment 1 Authentic tasks - Research project
Topic Case 000y (2000 words)
Length 2000 words
Due Date 09 Oct 2017 (In your assigned tutorial in Trimester 3 Week 8)
Final submission time: 2:00am
Type of Collaboration Individual assessment
Marking Criteria The case study Will demonstrate following learning outcomes and UOW graduate Quality(s);
1. Demonstrated research effort [which involves theoretical knowledge (informed) and skills to propose solutions (problem solver) to a given economic problem, conducting a professionally focused research project (innovative and flexible)].
2. Capacity to answer the question [ability to communicate via written skills (effective communicator)].
3. Demonstrated understanding of subject matter [ability to reflect on performance and feedback to identify learning opportunities (informed)].
4. Original insight of student [ability to exercise judgement to propose solutions to the case (innovative and flexible)].
Mark allocated: critical analysis (1 and 2) 60%; research depth (2 and 4) 20%; written presentation (2) 10%; and reference (3) 10%. More information will be provided via Moodie.
Style and Format Research Project format is expected.
U. ONLY 1.5-line spacing; font Times .w Roman; font size 12; 2.5 cm margin on all sides. Please include the following information: name, student ID, class. Answer all five (5) questions in the assignment published in Moodie. Use appropriate word limit for each question and indicate the number of words under each question. At least five (5) relevant references are required regarding the issue featured in your allocated topic.
This assignment is marked out of 100 and is worth 20 per cent of overall marks.
Assessment Submission Online Via Moodie
This assessment task has been set up to be checked by Turnitin, a tool for checking if it has unreferenced content. You can submit your assessment task to Turnitin prior to the due date and Turnitin will give you an originality report. You can then make any changes that may be required and re-submit your final version by the due date.
Assessment Return The marked assignment will be returned in week 10.
Detailed Information From the article titled Is the Australian dollar overvalued? (Sydney Morning Herald February 10, 2017), answer the following questions. Article is uploaded in Moodle. Note that your analysis is based on United States Dollar and Australian Dollar.
(a) Briefly summarise the main issues discussed in this article? [Not exceeding 300 words] — (20 Marks)
(b) Using Demand and Supply model of exchange rate determination briefly explain how AUD is determined in the forex market, and what factors influence its fluctuations. — (20 Marks)
(c) Using nominal exchange rate data and trade weighted index from Reserve Bank of Australia and graphs (monthly data of last three years) analyse the movement of AUD relative to that of the USD. Is it in line with the world commodity price movement during this period? Are there any other factors contributing to this behaviour of the AUD? — (25 Marks)
(d) Assume that you are exporting alcoholic beverages to United States. Explain the impact of overvalued AUD on your income. What advantages/disadvantages do you think Australia will have in overvalued AUD? — (15 Marks)
(e) If the market rate is US 76C then what action could the Reserve Bank of Australia take in order to maintain the exchange rate at US 72C, and what side effects might this action have on the Australian economy? Do you think that such actions would be effective? — (20 Marks)
Word Limit: 2000 words maximum. Word count (excluding references) must be provided. Excess words will not be marked.
Submit the hard copy in the assigned tutorial class. It will be compulsory for all students to submit the written assignment (final version) into the Turnitin system before submitting the hard copy to the tutor in Week 8 tutorial. In the absence of the submission of the Turnitin report, a zero mark will be awarded for this assignment task. Zero tolerance applies for plagiarism.