Beco107 Ab3 - T1 2024

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ASSESSMENT BRIEF - 3

COURSE: Bachelor of Business / Bachelor of Accounting


Unit Code: BECO107
Unit Title: Business Economics

Type of Assessment: Assessment 3 – Group Oral Presentation and Group Report

10 to 15-minute Group Presentation


Length/Duration:
Group Report (no more than 2000 words) excluding table of contents,
appendix, reference list, etc.

1. Understand the key concepts of microeconomics and macroeconomics


including the concept resources allocation.
2. Evaluate the microeconomic environments’ effects on business
Unit Learning Outcomes
activities in the economy.
addressed:
3. Outline concurrent domestic (political) and international economic
issues and analyse their impacts on Australian businesses.
4. Evaluate the effects of government interventions in individual markets
and in the macroeconomy.
Group Report & Presentation Slides – Due via Moodle: Week 9 on Friday
Submission Date: midnight.
Group Oral Presentation will be conducted in class in Week 10 and 11.
Every student within a group consisting of 3 – 4 members is required to
prepare and present a 10 to 15-minute presentation on a current economic
issue(s) (see Assessment Description below).
Assessment Task:
Students are required to coduct extensive desk research and data analysis and
interpret their findings in relation to the relevant section of theory. A group
report on the task (no more than 2000 words) and the presentation slides
should be submitted via Moodle by the set due date.
20 marks
Total Mark: Group Oral presentation out of 10
Group Written Report out of 10

Weighting: 20% (10 for Group Presentation and 10 for Group Report)

Students are advised that submission of an Assessment Task past the due date without a formally
signed approved Assignment Extension Form (Kent Website MyKent Student Link> FORM – Assignment
Extension Application Form – Student Login Required) or previously approved application for other
extenuating circumstances impacting course of study, incurs a 5% penalty per calendar day,
calculated by deduction from the total mark.
For example. An Assessment Task marked out of 40 will incur a 2 mark penalty for each calendar day .
More information, please refer to (Kent Website MyKent Student Link> POLICY – Assessment Policy &
Procedures – Student Login Required)

Kent Institute Australia Pty. Ltd.


Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458
Version 2: 18th March 2024 Page 1 of 5 TEQSA Provider Number: PRV12051
ASSESSMENT DESCRIPTION:
Students will be divided into groups of 3-5 members. The group is to give a group oral presentation and group
report on the Comparision of Economic overview of Australia and New Zealand. Students are required to
compare key macroeconomic data during 2015 to 2022.

Under the supervision of your lecturer, collect the following key macroeconomic data for the period between
2015 and 2022:

1. Gross Domestic Product (GDP) per capita,


2. GDP growth, annual %
3. Inflation rate (consumer prices), annual %
4. Unemployment total, % of total labour force

Students to complete the following tasks:

1. Collect data on the four macroeconomic indicators (see the list above) through desk research. Present
the collected data through tables, graphs and descriptive statistics.
2. Compare and contrast the above macroeconomic indicators among the years between 2015 and 2022.
Report on the key finidings.
3. Describe and explain how the above macroeconomic indicators changed over time (2015 – 2022).
Identify some overall trends and factors which have contributed to these trends. Observe any
relationship between the changes in the macroeconomic indicators. Report on the findings.

Important: Your group should use descriptive statistics, tables and graphs to illustrate your findings. Each
section of your report should be supported by facts, reference to macroeconomic theories and concepts and
citations of the relevant, reliable literature sources (i.e. academic journal articles, government papers and
research reports).

GETTING STARTED FOR THE PRESENTATION

a) Start your group assignment in Week 4 by forming a group of 3 to 4.


b) Collect data on the macroeconomic indicators through desk research.
c) Look up the definitions of the key macroeconomic terms and read on the key macroeconomic theories
relevant to the issues you are researching
d) Locate the most relevant and reliable literature sources to support your data analysis and report writing
e) Draft a group report following the academic report structure.
f) Identify 6-8 key points from your analysis to be formed into slides for the presentation (minimum 10
slides)
g) Prepare the presentation slides.
h) Rehearse the presentation in front of your friends and families or other group members online.
i) Upload the presentation, group report and supporting materials (if any) by the set due date.
j) Delivery your presentation in class as a group.

ASSESSMENT SUBMISSION:
Presentations will be made during the tutorial classes in Week 10 and 11. You will not receive any marks if you
are absent from your scheduled presentation time. However, consideration may be offered only under medical
grounds or other extenuating circumstances. You must provide appropriate supporting paper for consideration.

Presentation slides, group reports, and supporting materials must be submitted online in Moodle. All materials
MUST be submitted electronically in Microsoft Office format. Other formats may not be readable by markers.

Kent Institute Australia Pty. Ltd.


Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458
Version 2: 18th March 2024 Page 2 of 5 TEQSA Provider Number: PRV12051
Please be aware that any assessments submitted in other formats will be considered LATE and will lose marks
until it is presented in Microsoft Office format.

Note: Group members also need to submit the group contribution form for a designated link by your lecturer.

No paper based or hardcopy submission will be accepted.

Special note: It is the sole responsibility of the student to ensure you have submitted the correct assignment file
into the designated submission link and the submission has occurred successfully. Students are strictly advised to
receive an electronic receipt after the submission. NO mistakenly submitted cases will be considered. The file of
the assessment MUST be named with your student number (Example: K12345 – Assessment 3 – BECO T2 23)

Our Academic Learning Support (ALS) team would be happy to help you with understanding the task and all
other assessment-related matters. For assistance and to book one-on-one meeting please email one of our ALS
coordinators (Sydney [email protected]; Melbourne [email protected] ). For online help and
support, please click the following link and navigate Academic Learning Support in Moodle.
http://moodle.kent.edu.au/kentmoodle/course/view.php?id=5

Your presentation must be created in electronic format (e.g., MS PowerPoint) and you are required to bring the
file in a portable storage device (e.g., USB drive) on the presentation day.

MARKING GUIDE (RUBRIC): GROUP ORAL PRESENTATION

CRITERIA EXCELLENT VERY GOOD GOOD SATISFACTORY NOT


8-10 7-8 5-6 3-4 SATISFACTORY
0-2
ORGANISATION Very well Well organised Sufficiently organised in a Poorly
(3 MARKS) organised in a in a logical organised in a logical organised in a
logical sequence. logical sequence. logical
sequence. Presentation sequence. Cited sequence. No
Presentation appropriately Less number of references are references
appropriately cites less than references are not sufficient or cited.
cites requisite required cited. Some of not (0.5 marks)
number of number of them are not appropriate.
references. references. appropriate. (1 mark)
(3 marks) ( 2 marks)
(2.5 marks)
CONTENT Accurately and Accurately and Sufficiently Demonstrates Poorly
(4 MARKS) clearly clearly Demonstrates some demonstrates
demonstrates demonstrates knowledge of knowledge of knowledge of
thorough detailed the content the content the content
knowledge of knowledge of area. area. area.
the content the content (2 mark) (1.5 mark) (1 mark)
area. area.
(4 marks) (3 mark)
PRESENTATION Clearly conveys Clearly conveys Conveys Conveys Poorly conveys
(3 MARKS) content content content content content
knowledge and knowledge and knowledge and knowledge. knowledge.
expresses it in a expresses this expresses it in (1.5 marks) (0.5 mark)
stimulating and in an interesting an engaging
engaging and engaging manner.
manner. manner. ( 2 marks)
(3 marks) (2.5 marks)

Kent Institute Australia Pty. Ltd.


Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458
Version 2: 18th March 2024 Page 3 of 5 TEQSA Provider Number: PRV12051
MARKING GUIDE (RUBRIC): GROUP REPORT

CRITERIA EXCELLENT VERY GOOD GOOD SATISFACTORY NOT


8-10 7-8 5-6 3-4 SATISFACTORY
0-2
RESEARCH Strictly followed Good use of the Sufficiently Tried to follow Poorly or not
(2 MARKS) the Harvard Harvard followed the the Harvard followed the
referencing referencing Harvard referencing Harvard
style, style, one or referencing style but many referencing
Similarity is less two mistakes style but some mistakes can be style,
than 30% can be seen, mistakes can be identified, Similarity is
(2 marks) Similarity is less identified, Similarity is less more than 50%
than 40% Similarity is less than 50% (0 marks)
(1.5 marks) than 40% (0.5 mark)
(1 mark)
CONTENT & Accurate and Relevant Some relevant Less relevant No or poorly
ANALYSIS relevant theories, data, theories, data, theories, data, relevant
(5 MARKS) theories, data, and analysis and analysis and analysis theories, data,
and analysis methods have methods have methods have and analysis
methods have been used. been used. been used. methods have
been used. Correct Some One or two been used.
Correct definitions have definitions have definitions have No definitions
definitions have been provided been provided been provided have been
been provided (4 marks) (3 marks) (2 marks) provided
(5 marks) (1 mark)
STRUCTURE The provided The provided The provided The provided The provided
(3 MARKS) structure structure structure structure structure
accurately complied with complied with complied with complied with
complied with the Assessment the Assessment the Assessment the Assessment
the Assessment Brief Brief Brief Brief
Brief instructions. instructions. instructions. instructions.
instructions. Use clear and Use Use somewhat Difficult to
Use clear and comprehensible comprehensible clear English. understand
comprehensible English. A few English. Mistakes can be English.
English. mistakes can be Mistakes can be seen. (1 mark)
(3 marks) seen. seen. (1.5 marks)
(2.5 marks) ( 2 marks)

GENERAL NOTES FOR ASSESSMENT TASKS


Content for Assessment Task papers should incorporate a formal introduction, main points and conclusion.

Appropriate academic writing and referencing are inevitable academic skills that you must develop and
demonstrate in work being presented for assessment. The content of high quality work presented by a student
must be fully referenced with in-text citations and a Reference List at the end. Kent strongly recommends you
refer to the Academic Learning Support Workshop materials available on the Kent Learning Management
System (Moodle). For details please click the link
http://moodle.kent.edu.au/kentmoodle/mod/folder/view.php?id=3606 and download the file titled “Harvard
Referencing Workbook”. This Moodle Site is the location for Workbooks and information that are presented to
Kent Students in the ALS Workshops conducted at the beginning of each Trimester.

Kent Institute Australia Pty. Ltd.


Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458
Version 2: 18th March 2024 Page 4 of 5 TEQSA Provider Number: PRV12051
Kent recommends a minimum of FIVE (5) references in work being presented for assessment. Unless otherwise
specifically instructed by your Lecturer or as detailed in the Unit Outline for the specific Assessment Task, any
paper with less than five (5) references may be deemed not meeting a satisfactory standard and possibly be
failed.

Content in Assessment tasks that includes sources that are not properly referenced according to the “Harvard
Referencing Workbook” will be penalised.

Marks will be deducted for failure to adhere to the word count if this is specifically stated for the Assessment
Task in the Unit Outline. As a general rule there is an allowable discretionary variance to the word count in that
it is generally accepted that a student may go over or under by 10% than the stated length.

GENERAL NOTES FOR REFERENCING


References are assessed for their quality. Students should draw on quality academic sources, such as books,
chapters from edited books, journals etc. The textbook for the Unit of study can be used as a reference, but not
the Lecturer Notes. The Assessor will want to see evidence that a student is capable of conducting their own
research. Also, in order to help Assessors determine a student’s understanding of the work they cite, all in-text
references (not just direct quotes) must include the specific page number(s) if shown in the original. Before
preparing your Assessment Task or own contribution, please review this ‘YouTube’ video (Avoiding Plagiarism
through Referencing) by clicking on the following link: link:
http://moodle.kent.edu.au/kentmoodle/mod/folder/view.php?id=3606

A search for peer-reviewed journal articles may also assist students. These type of journal articles can be
located in the online journal databases and can be accessed from the Kent Library homepage. Wikipedia, online
dictionaries and online encyclopaedias are acceptable as a starting point to gain knowledge about a topic, but
should not be over-used – these should constitute no more than 10% of your total list of references/sources.
Additional information and literature can be used where these are produced by legitimate sources, such as
government departments, research institutes such as the National Health and Medical Research Council
(NHMRC), or international organisations such as the World Health Organisation (WHO). Legitimate organisations
and government departments produce peer reviewed reports and articles and are therefore very useful and
mostly very current. The content of the following link explains why it is not acceptable to use non-peer reviewed
websites (Why can't I just Google?): https://www.youtube.com/watch?v=N39mnu1Pkgw (Thank you to La Trobe
University for access to this video).

Kent Institute Australia Pty. Ltd.


Assessment Brief ABN 49 003 577 302 CRICOS Code: 00161E RTO Code: 90458
Version 2: 18th March 2024 Page 5 of 5 TEQSA Provider Number: PRV12051

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