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Economics for Managers – BUS702

Assessment task 2: Essay

TOPIC for 2016

When the GFC crisis hit, most of the developed world went into recession. According to the strict official definition of recession, Australia did not. Examine the relative roles played by the Federal Government, the Reserve Bank of Australia and foreign trade in this outcome.



SUMMARY OF CRITERIA

Factual content and economic analysis should be correct, argument should be clear and coherent, referencing should be complete and follow the Harvard system, grammar, spelling and presentation should be of a high standard and the essay should be well-structured, including an introduction that answers the question.



SUGGESTION OF A PLACE TO START YOUR RESEARCH

The ANU's journal Agenda, available free online at:

Especially look at Volume 18 Number 1 2011 and Volume 17 Number 2 2010.



COPY OF REQUIREMENTS FROM COURSE OUTLINE

See next page.










Goal: The topic will require you to apply your knowledge of the economic theory you have learned in the context of a contemporary problem. The topic will change each session and will be available on Blackboard at the beginning of the course.
Product: Essay
Format: This is an individual assessment.

Introduction and conclusion

The introduction should be one paragraph that introduces the topic of your essay, answers the question, and shows how you intend to address this topic.

The conclusion should summarize the major points covered in the essay and bring these together in a way which follows logically from the body of the paper. New ideas should not be introduced in the conclusion.



Body

While essays should be written in a formal tone, they should also be written clearly and concisely. This means you should use paragraphs composed of short sentences and choose the simplest words that convey you're meaning accurately. Your essay should also be structured so that your argument flows logically from point to point.

The content of your argument should be factually correct and relevant to the question.



Research and references

The essay should demonstrate the depth of your reading on the subject.

Reference your discussion in Harvard style. This means that whenever you draw on another author's argument or theory; include the author's name and the year of the publication in brackets at the end of the sentence. If you quote directly from that author, use inverted commas e.g. ‘……' around the quote and include the page number in the brackets. Do not use footnotes for references. This link at ANU gives some simple examples of how to use Harvard style , as well as links to further detail:

academicskills.anu.edu.au/resources/handouts/referencing-harvard

At the end of your essay, you should include a bibliography, which lists more complete details for the sources you have referenced within the body of your essay. The citation for each reference should be author, year of publication, title of the book or article, publisher and city of publication. If you are citing from a newspaper or journal article, the citation should be author, year of publication, title of the article, title of the newspaper or journal, volume and issue number or date if it is a newspaper article, page number(s) of the article.



Spelling, grammar and presentation

Attention to the final edited version of your paper is important. It is expected that you will not have spelling or grammatical errors in your presentation and that your essay will use idiomatic standard English.

You are required to word process your essay. Type on one side of the page only, using double-spacing, font size 12 and wide margins.

Graphs or statistical information do not contribute to the word count but may be a useful part of your essay. It is important that they relevant to the argument that you are developing, are actually referred to in the discussion component of your answer and are presented in your assignment as close as possible to this discussion. It is quite acceptable to use hand drawn graphs, provided they are correctly and neatly labelled, and all graphs are relevant. Hand drawn graphs can either be scanned into your essay in order to facilitate electronic submission.
Criteria · Economic analysis

· Correct and clear argument

· Communication

· Referencing – Harvard system,

· Grammar, spelling and presentation

· Essay structure
Generic skill assessed Skill assessment level
Communication Graduate
Information literacy Graduate



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LAW105 – Semester 2
Get Assignment help for Law105 Semester 2 at hndassignmenthelp@gmail.com

Assignment No. 2 (Due end of Week 10) Problem-based Questions

(2 questions worth 15 marks each)

Word Limit: 1,500 words. Marks are indicated at the end of each question.

Question 1

The Top End Runner's Club is holding a ‘fun run' over 10 kilometers through the streets of Darwin city to raise money for a new club house. Under the proposal, runners are sponsored by interested persons on the basis that they will pay their chosen runner a certain amount of money for completion of the run or for every kilometre covered.

Dave is a supporter of the Club and is interested in sponsoring a runner. Three days prior to the run, while dining at Casuarina, he sees Wendy and asks her whether she will be participating in the fun run. When Wendy says that she is thinking about it, Dave says to her that he will sponsor her for the sum of $3,000 if she decides to participate and if she takes one hour to complete the run. Wendy smiles and says: "Thank you. That sounds very generous".

Later that day, Wendy meets her old friend Bill and tells him of her conversation with Dave. She says that his offer has inspired her to participate in and complete the run. Wishing to further encourage her, Bill tells Wendy that if she does decide to complete the run and if she thinks that she needs new running clothes and shoes, he will pay for them.

The next day Wendy purchases very expensive running shoes and clothes for a total value of $2,000. Subsequently, she completes the fun run in 58 minutes.

When she approaches Dave after the run, Dave finds that he is a little short of money. He tells Wendy that he has no legal obligation to pay her and, in any event, he says that she had to take one hour to complete the run whereas she completed it in 58 minutes. He refuses to pay her. When she approaches Bill and tells him that the cost of the clothing and shoes was $2,000, he says that he did not expect her to purchase such an expensive outfit and he, also, refuses to pay her.

She brings action against Dave and Bill, claiming $3,000 and $2,000, respectively, against them. Both Dave and Bill resist the claims.

Dave and Bill seek your advice as to whether she will succeed in making these claims against them.

(15 marks)

Question 2

Dani owned an old, but valuable Mercedes car. She wanted the car upholstery to be restored to its original condition. She searched the web for a good, reliable upholsterer who had experience with old cars. She saw the web page of "Vintage Upholsterers" [Vintage], which included the statement that all of the staff were highly qualified and experienced and every care was taken in carrying out work.

Dani took her car to Vintage and asked about their experience in carrying out work on cars such as hers. She also asked about the quality of their work, saying that she wanted her car restored to its original condition. She showed them some pictures of what the upholstery looked like in its original condition. Dani was told that the firm's trades people were ‘first class' and that one of them, Carl, had worked on Mercedes cars in Germany. She was told that Carl would be put in charge of upholstering her car.

Dani agreed to having Vintage undertake the work and she signed a document headed ‘Agreement'. The document comprised one page and included the following clause:

"While every care is taken with the work undertaken, Vintage Upholsterers cannot accept responsibility for any damage to goods or for any defect in work completed. All warranties are hereby excluded."

The same clause appeared on a sign next to the counter in Vintage's workshop.

While Dani did see the sign, she could not read it from where she was standing.

When the upholstery of her Mercedes was completed, Dani discovered that the quality of the work was poor and that it looked quite unlike the pictures that she had shown Vintage prior to commencement of the work. She also discovered that while Carl had supervised the commencement of the work, he had left on holidays when it was only half completed.

Dani wants your advice as to whether she has any remedy against Vintage. Advise her. (15 marks)

Please note:

The maximum word length for this problem-solving task is 1,500 words

(there is an allowed margin of 10% under/over this word limit).

Assignments must be submitted online via Learnline. No other form of submission, (such as email) will be accepted. An assignment submitted via the draft submission link (SafeAssign check) will not be accepted as a final submission and will not be marked. It is your responsibility to submit your final assignment in the correct way – ie, via the final submission point on Learnline;

Presentation: Please ensure that you use the assignment cover sheet and your answers are formatted in 12pt Arial font (or other readable font) with 1 ½ line spacing, page numbers and your name and/or student number on each page (in the header or footer).
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