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1. Assessment CriteriaThe coursework will be marked on the overall outcome including: structure, quality of reasoning, quality of written English, data analysis, referencing, style, layout, presentation and overall coherence.In marking the coursework attention will be focused on:• how well students have met the relevant learning objectives: students will be assessed on their understanding of the main macroeconomic indicators of a country. However, more specifically, classification will be affected by:• Paying close attention to the question set without 'padding' or deviating from the question• An accurate and clear understanding of the main arguments and issues• Showing evidence of wider reading • A clear exposition and a good standard of written English
2. Layout and Presentation Guidelines
3. Mankiw's Economics Writing Guideline for the Paper
Discuss whether inflation or deflation is the more serious problem for an economy. Inflation is a consistent general enhance in the price level, whereas deflation is a consiste
types of market competitions
Homework 4 Q1. Suppose a consumer has utility function (u) = xy where x and y are amounts of two commodities that this consumer consume. Suppose this consumer’s income is $120, pri
defin giffen goods?
1. Seller has ample time to adjust to price change. 2. Buyer's response to small price change is significant. 3. Buyers are faced with many options when deciding to make a
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Q. Distribution of income? Distribution:Distribution of income reflects the process by which real output of services and goods produced by the economy is allocated to different
Consider the model of corruption explored by Shleifer and Vishni’s where there is one government-produced good X. There is a demand for that good described by the inverse demand eq
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