WRITING YOUR ASSIGNMENT:
This assignment must be completed individually.
You must use Harvard Referencing.
Your work must indicate the number of words you have used. Do not exceed the maximum number of words specified above; all assignments which do so will be penalised. The penalty will be the deduction of marks at the Marker’s judgement.
Assignment submissions are to be made anonymously. Do not write your name anywhere on your work. Write your student ID number at the top of every page.
Where the assignment comprises more than one task, all tasks must be submitted in a single document.
You must number all pages.
SUBMITTING YOUR ASSIGNMENT:
You must submit your assignment using Turnitin software and obtain a receipt.
Requests for short-term extensions will only be considered in the case of illness or other cause considered valid by the Student Adviser (studentadvice@lca.anglia.ac.uk). These must normally be received and agreed by the Student Adviser in writing at least TWENTY-FOUR (24) hours prior to the deadline.
Mitigation claims must be submitted by the student or in exceptional circumstances (e.g. when a student has been hospitalised) by a Director of Studies, Programme Leader or Student Adviser on behalf of the student no later than five working days after the deadline.
Work submitted up to 5 working days after the deadline will be marked. The penalty for missing the deadline will be the capping of the mark for the assessment at 40%.
Work cannot be uploaded to Turnitin after the 5 working day period following the deadline. A mark of 0% will be recorded unless an extension has been approved in advance of the deadline.
Please refer to the Academic Regulations or your Student Handbook for full details.
Assignment question(s)
Required:
(i) Explain how governments can use supply side policies to facilitate economic growth. Use examples to support your answer. (30 marks)
ii) Discuss why and how governments can use fiscal and monetary policy to temporarily slow economies. Use AS and AD analysis to support your answers. (50 marks)
Note: 20 marks are available for referencing and effective communication (Total marks available: 100)
Assessment Criteria
This assignment requires you to demonstrate your knowledge and understanding of the macro-economics element of the Module. Part (i) requires an explanation of what is meant by supply side policies and practical examples should be used to answer this question.
Part (ii) requires a discussion of fiscal and monetary policy and how these tools could be used to encourage economic growth.
The answers to the questions must be supported by academic theories and concepts and the paper must comply with the academic essay format and the Harvard referencing guidelines. The discussion in part (ii) must not be just descriptive in nature; it should provide clear evidence of understanding of the issues under consideration.
For both questions suitable diagrams should be used and must be referenced.
There is no correct number of academic references to be utilised as the student must draw as many references as required to provide a high quality answer. However, a minimum of 8 academic sources are expected, and a majority of these should be current, internationally peer reviewed articles/journals or accredited textbook references. You might also wish to use some Government websites to provide examples of the various policy tools that you are
discussing. Wikis and other sharing sources such as Wikipedia are not acceptable.
Please note that once handed out this assignment will be discussed every week in the first part of your EFB class.
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