Compare and contrast gdp and gpd per capita

Assignment Help Macroeconomics
Reference no: EM131844319

Assessment Criteria

Suggested word limit: 500 words (per individual element)1000 words

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Assessment Overview

This assignment will allow you to apply the concepts and skills covered in this subject. Its purpose is to draw on the concepts and models used in this course to:

a) analyse a particular situation and the management process involved in it

b) reflect on management theories to determine if and how they are still relevant to organisations today.

Upon the completion of the task, you are to provide a formal report documenting your individual reflection and group investigation and analysis

Assessment Tasks

Requirement:

This will consist of two parts: an individual reflection and a group analysis.

Both parts will provide students with an opportunity to reflect on individual and organisational problems and challenges and retrospectively apply concepts and frameworks covered within the subject.

The group report will comprise an individual element worth 15% to be completed by each member of the group, and a group element worth 20% which will be produced by the group as a whole. Both parts of the assignment will be submitted on Blackboard as a group assignment in report format.

Part A: Individual Reflective Learning

This should be no more than 500 words

Choose a specific incident from your life where you have used the four primary management functions of Planning, Organising, Leadership and Controlling.

Analyse the incident and describe the main areas where you used each of these 4 management functions. Reflect on how effective your management of this task/incident was and which areas you would change if you had the opportunity to manage the same thing again and why.
You should draw on concepts covered in the course and use the following headings to present your review:

Selected Incident: Provide a very brief description of a specific incident that you have managed using the 4 primary POLC functions.

Outline the problem clearly so that you set the scene for your reader and provide a basis for your analysis, but don't go into excessive detail. It is important to have a clearly focused starting point for any analytical piece of work.

Analysis: Break down the task and identify elements of it that fit into each of the management functions (POLC).

Clearly explain what those elements are and why you believe they belong to a particular management function. Critical Evaluation: Reflect on your analysis and determine whether your approach was effective.

Identify possible alternative actions or strategies that you could have taken and why and whether or not you think they would have been more effective.

PART B: Group element

This should be no more than 1000 words

Choose 2 of the management theories covered in lecture 2 "Evolution of Management Thinking". Briefly describe the theory and identify its strengths and limitations.

1. For each of the theories you have selected, either

a) choose a well-known organisation for whom the theory is still relevant and utilised to some extent today, providing evidence to support your selection.
OR
b) choose a well-known organisation which contradicts the theory and provide evidence to explain why you believe this to be the case.

Assessment 2: Group Assignment

Topic: GDP and Economic growth of Country 1 and Country 2, 2012-2016 (any 2 countries of your choice).

Task: Source the necessary data from the Word Bank, the Australian Bureau of Statistics, OECD, CIA or similar institutions .

Compare and contrast GDP, GPD per capita and Economic growth rates of 2 countries.

Use your knowledge of PPF concept, GDP accounting methods and business cycles to explain why there are differences/similarities between selected countries.

Reference no: EM131844319

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