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    Assignment 1

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    Mohdd Harry
    This document provides instructions for Assignment 1 for the Principles of Economics course. It includes the student's name, matric number, course code, lecturer's name, and due date. The assignment aims to achieve three learning outcomes and assess students' knowledge, critical thinking skills, and ability to work independently. Students must submit individually through Google Classroom by the due date. The assignment requires students to define and explain four economic systems - capitalism, socialism, mixed economy, and Islamic economy. It asks students to discuss the advantages and disadvantages of three systems and state which they believe is best, justifying their opinion. The rubric evaluates students on introduction, organization, quality of information, originality, and conclusion.

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    Assignment 1

    Uploaded by

    Mohdd Harry
    35 views2 pages
    This document provides instructions for Assignment 1 for the Principles of Economics course. It includes the student's name, matric number, course code, lecturer's name, and due date. The assignment aims to achieve three learning outcomes and assess students' knowledge, critical thinking skills, and ability to work independently. Students must submit individually through Google Classroom by the due date. The assignment requires students to define and explain four economic systems - capitalism, socialism, mixed economy, and Islamic economy. It asks students to discuss the advantages and disadvantages of three systems and state which they believe is best, justifying their opinion. The rubric evaluates students on introduction, organization, quality of information, originality, and conclusion.

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    ASSIGNMENT 1

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    This document provides instructions for Assignment 1 for the Principles of Economics course. It includes the student's name, matric number, course code, lecturer's name, and due date. The assignment aims to achieve three learning outcomes and assess students' knowledge, critical thinking skills, and ability to work independently. Students must submit individually through Google Classroom by the due date. The assignment requires students to define and explain four economic systems - capitalism, socialism, mixed economy, and Islamic economy. It asks students to discuss the advantages and disadvantages of three systems and state which they believe is best, justifying their opinion. The rubric evaluates students on introduction, organization, quality of information, originality, and conclusion.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    35 views2 pages

    Assignment 1

    Uploaded by

    Mohdd Harry
    This document provides instructions for Assignment 1 for the Principles of Economics course. It includes the student's name, matric number, course code, lecturer's name, and due date. The assignment aims to achieve three learning outcomes and assess students' knowledge, critical thinking skills, and ability to work independently. Students must submit individually through Google Classroom by the due date. The assignment requires students to define and explain four economic systems - capitalism, socialism, mixed economy, and Islamic economy. It asks students to discuss the advantages and disadvantages of three systems and state which they believe is best, justifying their opinion. The rubric evaluates students on introduction, organization, quality of information, originality, and conclusion.

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    ASSIGNMENT 1

    NAME MATRIC NO.


    SUBJECT PRINCIPLES OF ECONOMICS CODE BEC20303
    PROGRAMME GROUP
    LECTURER MARCEL KUIMING DUE DATE 12th March 2021

    This assignment is to achieve:


    Course Learning Outcome 1 which is student has identify the objective and problem faces by macroeconomics in the real
    life.
    PO1: Practice knowledge in international business fields for the purpose of further studies or work (KNOWLEDGE)
    PO6: Identify and solve problems using effective critical thinking skills in order to achieve practical business decision
    making. (CRITICAL THINKING AND PROBLEM SOLVING)
    PO7: Ability to work independently as an individual to enhance ones’ knowledge to achieve continuous improvement.
    (INFORMATION MANAGEMENT AND LIFE LONG LEARNING)

    INSTRUCTION:
    1. This is assignment will cover 30% for the coursework.
    2. INDIVIDUAL assignment
    3. Students are compulsory to submit during the said time above.

    FORMAT:
    1. Arial with 11pt
    2. Margin : use A4 – Justify
    3. Send your assignment through Google Classroom (Code: llsuvl6)

    Question
    Every society needs to develop an economic system-a particular set of institutional
    arrangements and a coordinating mechanism to respond to the economizing problem.
    Economic systems differ as to (1) who owns the factors of production and (2) the method used
    to coordinate and direct economic systems in the world today are :
    1. Capitalism.
    2. Socialism.
    3. Mixed economy and
    4. Islamic economy.

    Students’ assignment should follow on below questions.

    1) Define each of the economic system and example of one country that practice EACH
    economy.
    2) Explain features of EACH of the economic system.
    3) Discuss what are the advantages of capitalism, socialism and mixed economy.

    4) Discuss what are the disadvantage of capitalism, socialism and mixed economy.

    5) On your opinion, which economic system is the best and explain your reason.
    (10 pages at least)

    Report Rubrics

    SKILLS CRITERIA SCORE


    4 3 2 1
    Introductory Introductory Introductory paragraph Introductory
    paragraph is clearly paragraph is clearly is vague paragraph is not
    Introduction stated, has a sharp, stated with a focus apparent
    distinct focus and
    (15 marks) enhances the impact
    /4
    of the report

    Organization Information is Information is Information is Details and


    (Overall order, flow presented in effective logically ordered scattered and needs examples are not
    and transitions) order. Excellent with paragraphs and further development organized, are hard
    structures of transitions to follow and
    /4
    (15 marks) paragraphs and understand
    transitions enhances
    readability and
    understandability
    Quality of Supporting details are Some details don’t Details are somewhat Unable to find
    information specific to topic and support the report sketchy specific details
    (Journal, Data, provide the necessary topic
    Graph) information /4

    (30 marks)

    Originality The proposed project The project contains It is not clear that the The project is not /4
    contains many no or few original, project is creative or creative or
    ( 20 marks) significantly original, innovative, or innovative. innovative.
    innovative, or creative aspect(s).
    creative aspect(s).

    Concluding Concluding
    paragraph paragraph follows Concluding paragraph Concluding
    summarizes and draw and summarizes is only remotely paragraph is not
    Conclusion a clear, effective report discussion, and related to the report apparent
    conclusion and draw a conclusion. topic
    ( 20 marks) enhances the impact
    of the report

    Total /100

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