ASSESSMENT BRIEF
BUS9005 Economics for World Industry
Overview 2
| Overview Description | Microeconomics Story |
| Individual/Community | Individual |
| Dimension | 1,500 phrases |
| Topic Finding out Outcomes | a, b, c, d |
| Week Due | Week 9 |
| Weighting | 30% |
| Use of Generative Artificial Intelligence (Gen AI) | No longer allowed |
Overview of the Overview Job
In this particular particular person review, you are required to coach microeconomic theories and tips to analyse the market in which a selected Australian firm operates. This roar will assess your ability to severely review how market forces, market constructions, and market failures affect trade approach and public policy.
You can pick out one Australian firm (from any industry similar to retail, transport, expertise, mining, finance, and masses others.) and seek for:
- The provision and build a query to conditions shaping the firm’s market
- The market construction and its implications for trade approach
- Any relevant market failure(s) and the arrangement public policy addresses them.
This project encourages you to hyperlink conception to staunch-world Australian trade conditions, showcasing your ability to think severely and tell economic reasoning to excellent trade challenges.
Overview Directions
Resolve one Australian firm working in a particular industry (e.g., retail, banking, transport, energy, expertise) and put together a 1500-word analytical roar addressing the following:
Allotment A: Firm and Market Context (Approx. 300 phrases)
- Teach your chosen firm and its well-known products and services or products, well-known prospects and opponents
- Provide no longer no longer up to 1 fragment of evidence from your chosen firm (e.g., screenshot or hyperlink to annual roar, product page, or media release).
Allotment B: Market Dynamics (Approx. 400 phrases)
- Make a choice one explicit products and services or products equipped by your chosen firm.
- Title three elements that resolve build a query to and three elements that resolve present for this product/provider.
- Talk about how modifications in these elements affect build a query to and present. Use build a query to and present curves to illustrate the effects (hand-drawn, digital, or spreadsheet graphs are acceptable).
- Provide no longer no longer up to 1 fragment of evidence from your chosen firm, or credible market sources. (e.g., screenshot or hyperlink to annual roar, product page, or media release).
Allotment C: Market Development and Approach (Approx. 400 phrases)
- Title and elaborate the market construction in which your firm operates (splendid opponents, monopolistic opponents, oligopoly, or monopoly).
- Clearly present three reasons supporting your classification (e.g., selection of opponents, product differentiation, boundaries to entry, pricing energy).
- Expose how this market construction influences the firm’s strategic choices similar to pricing, innovation, or selling.
- Provide no longer no longer up to 1 fragment of evidence from your chosen firm, or credible market sources. (e.g., screenshot or hyperlink to annual roar, product page, or media release).
Allotment D: Market Failure and Protection Response (Approx. 400 phrases)
- Title a relevant market failure affecting your chosen firm or industry (e.g., pollution, recordsdata asymmetry, under-provision of public items).
- Analyse how this failure impacts the firm, buyers, or society.
- Overview an Australian authorities policy or legislation addressing this arena and focus on whether it successfully corrects the scenario.
- Provide no longer no longer up to 1 fragment of evidence to toughen your answer (e.g., screenshot or hyperlink to annual roar, product page, or media release).
Overview Phases and Mark Allocation
| Stage | Description | Week Due | Marks |
| Checkpoint 1 Firm Option and Rationale | Make a choice one Australian firm and submit your decision within the Dialogue Dialogue board. Completely three students might per chance seemingly seemingly additionally pick out the identical firm. Provide a immediate justification (100–150 phrases) explaining why you chose this firm. | Week 4 | 3 marks |
| Checkpoint 2 Draft Submission | Post a immediate draft (roughly 400–500 phrases) showing your growth. This might well seemingly seemingly additionally restful encompass early sections (Allotment A and B) with some preliminary recordsdata or graphs. The draft might per chance seemingly seemingly additionally restful uncover true growth and realizing, no longer a entire roar. | Week 8 | 2 marks |
| Closing Story Submission | Post your done 1,500-word roar addressing Arrangement A–D. | Week 9 | 25 marks |
Other Directions
- Development of the roar – Introduction, answers to allotment A-D, summary/conclusion, reference list.
- Reference list is no longer allotment of the word depend.
- Submission layout- word doc. All submissions via Turnitin on Canvas.
This review might per chance seemingly seemingly additionally restful incorporate APA 7th referencing model. For toughen on systems to reference seek for the AIHE Finding out Succor Hub on canvas for extra recordsdata.
Use of GenAI is no longer allowed:
In this review, the usage of generative artificial intelligence (GenAI) tools is no longer popular. These tools encompass philosophize material mills, recordsdata diagnosis tools, and other AI-assisted technologies. College students must construct lunge that their work is fully their very grasp. Any submission that entails philosophize material created by unauthorised employ of synthetic intelligence tools is a breach of tutorial integrity.
Marking Criteria
Please focus on to the hooked up rubric for marking criteria and standards of performance. Optimistic ideas might per chance be equipped within a timely formula in step with AIHE Overview Route of.
This review is no longer redeemable except in another case specified.
Limits for Assessments
Written submissions that exceed the word limit by more than 10% will quit to be marked from the purpose at which that limit is exceeded.
Prick-off dates for in-particular person or video presentations that exceed the disbursed time limit by more than 10% will quit to be marked from the purpose at which that limit is exceeded, and Lecturers might per chance seemingly seemingly additionally build a ask to students to quit their presentation.
Overview Variation and Special Consideration
College students might per chance be eligible for a variation to review preparations when unexpected or extenuating instances affect on their performance or their ability to entire their review projects by or on the specified date. College students must entire the Utility to Vary Overview with evidence.
College students with identified, special or explicit desires might per chance seemingly seemingly additionally tell for adaptations to review within the topic. College students are required to contact the Pupil Succor Officer or Pupil Finding out Consultant to focus on about their explicit desires.
Slack Project Submission Penalties
An review project is behind for submission when it is never submitted by the due date and time as indicated on Canvas, or by an agreed extension date and time as confirmed by the topic lecturer.
Slack review projects might per chance be penalised on the rate of 5% of maximum imaginable marks, per calendar day (i.e. 24 hours or allotment thereof). After seven (7) calendar days, assignments will appeal to zero (0) marks. Assignments submitted at any stage all over the fundamental 24 hours after the time limit might per chance be belief to be to be one day behind and attributable to this truth arena to the related penalty. For extra detail seek for: AIHE Overview Route of.
Tutorial Integrity
Tutorial integrity is a extremely crucial quality for elevated training and is a indispensable allotment of studying and teaching. AIHE is committed to selling tutorial integrity and ethical behaviour. The reputation of AIHE and its graduates, and the educational standing of its qualifications rests with its ability to promote tutorial integrity and arrange tutorial misconduct somewhat and constantly.
All students must change into familiar with, and realize the meaning and penalties of plagiarism, cheating in assessments and checks, unauthorised employ of synthetic intelligence, collusion, contract cheating and other tutorial offences under the AIHE Tutorial Integrity Protection.
Marking Rubric & Standards of Efficiency
Individual Story (Microeconomics)
| Criteria | High Distinction (85-100%) | Distinction (75-84%) | Credit (65-74%) | Pass (50-64%) | Fail (0-49%) |
| Checkpoint 1: Firm Option & Rationale (3 marks) | Firm selection is queer, extremely relevant, and successfully-justified with lunge reasoning and evidence of initiative. | Firm clearly justified; sound rationale equipped. | Connected firm chosen with recent justification. | Firm popular however frail or unclear justification. | No submission, behind submit, or unjustified decision. |
| Checkpoint 2: Draft Development Submission (2 marks) | Dart and tense growth. Demonstrates strong realizing of conception and employ of evidence. | Beautiful growth and partial diagnosis confirmed. | Some growth is obvious however uneven or tiny. | Minimal growth lacks meaningful trend. | No or superficial draft submitted. |
| Allotment A: Firm & Market Context (5 marks) | Affords an comely, concise, and insightful overview of the firm, its well-known products/products and services, prospects, and opponents. Entails no longer no longer up to 1 relevant, verified fragment of evidence (e.g. screenshot or hyperlink). | Dart description of firm and context; largely comely evidence feeble successfully. | Sensible description; minor gaps or tiny evidence. | Standard or partially true overview; minimal or unclear evidence. | Erroneous or incomplete firm description; no supporting evidence. |
| Allotment B – Market Dynamics (6 marks) | Thorough and successfully-structured diagnosis of three build a query to and three present elements. Clearly explains how modifications affect the market utilizing comely, labelled graphs. Integrates credible evidence from firm or market sources. | Beautiful clarification of build a query to and present elements with largely lunge diagrams and evidence. | Enough diagnosis, some conception applied; graphs or evidence tiny or partly incorrect. | Standard or uneven discussion of elements; frail theoretical links or unclear graphs. | Flawed or missing discussion; lacks theoretical realizing or evidence. |
| Allotment C – Market Development and Approach (7 marks) | Market construction exactly identified and convincingly justified with three strong reasons (selection of opponents, differentiation, boundaries, pricing energy). Insightful diagnosis of strategic implications (pricing, innovation, selling). Makes employ of relevant and verified evidence. | Unprejudiced classification and justification with correct discussion of approach; sound evidence. | Sensible identification and partial justification; some reference to approach and evidence. | Restricted or partially true identification; frail justification or minimal strategic hyperlink. | Flawed or missing classification; no lunge reasoning or evidence. |
| Allotment D – Market Failure and Protection Response (5 marks) | Clearly title the relevant market failure(s). Affords serious diagnosis of affect on firm, buyers and society; evaluates policy response with perception and credible evidence. | Beautiful diagnosis of market failure and policy with relevant examples. | Enough discussion; primarily descriptive with some review. | Standard or generalised description; tiny policy discussion. | Erroneous or missing discussion; no hyperlink to evidence or policy. |
| Tutorial Writing, Referencing & Integrity (2 marks) | Stunning organisation, tutorial tone, and comely referencing (APA 7); fully demonstrates originality and integrity. | Dart writing and largely true referencing; correct evidence of authenticity. | Ample writing. Some referencing or clarity disorders. | Extinct construction or referencing. Restricted demonstration of grasp work. | Poorly written or referenced. Seemingly tutorial integrity concerns. |
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