“BREXIT creates a lot of uncertainty in the global economy and the senior managementteam is

concerned that BREXIT may impact on the Australian economy. They (the senior management team) have

asked you to provide a business report forecasting Australian economic growth for the next 6 months

based on the current key economic variables (C, I, G, X, M). Based on your forecast, the senior

management team would also like you to advise how the central bank may alter the cash rate

movement”.

Word limits: about 2000 words

This business report can be prepared by a group with 4 members from the same class.

In your business report you must apply appropriate economic theories and frameworks, and select

appropriate economic data (economic variables & indicators), diagrams, tables and statistics to

argue and support your case. Application of formal citation and referencing techniques is required.

All requirement details are on UTSOnline under

‘Assignment Discussions’ and all instructions should bestrictlyadhered to.

Due by: Week 6, week commencing,at the beginning of theclass to your lecturer in the class that you

enrolled in for the hard copy.* Electronic Copy to ‘Turnitin’ via UTSOnline for plagiarism check on

or before the submission day.

Team Name :

Family name Name Student number Signature

Class : Day ___________ Time ___________ Lecturer’s name : _____________

* To facilitate easy return of assignments, you must submit your assignment to your lecturer in the

class that you normallyattend.

Economics for Management (23706)

Marking Criteria

Poor Marginal Satisfactory Good Very Good Excellent

CONTENT &ANALYSIS – 50 %

1. Demonstrated awareness of relevant concepts and issues

2. Analysis is clear and well structured

– a. Current economic situation in Australia is clearly outlined /described and explained,

and focuses on its main features understood using the conceptual frameworks discussed in lectures

– b. Forecast of the central bank’s cash rate movements towards the end of 2016, making

effective use of macroeconomic frameworks discussed in thesubject and following logically from the

analysis in part (a)

– c. Advice follows logically from the paper’s analysis.

3. Degree of engagement with ideas of others including appropriate criticism

4. Effective use of evidence in the form of graphs, diagrams and tables

QUALITY OF WRITING – 50 %

5. Introduction, conclusion and executive summary perform appropriate functions

6. Paragraphs have clear points and paragraph connections progress the argument

7. Tone of writing has the appropriate degree of formality

8. References correctly presented with appropriate citation of other people’s ideas

9. Instructions are closely adhered to

TOTAL MARK OUT OF – 20

GENERAL COMMENTS :*( Complete the above self-assessment as a checklistbeforesubmit your assignment)