BACHELOR OF BUSINESS (HONS)

FEBRUARY 2024 SEMESTER

PROJECT

Course Code : ECO102

Course Name : PRINCIPLES OF MACROECONOMICS

This asessment carries 60% of the total assessment for this course.

Examiner(s): Student Name & HELP ID:

K CHANDRA SAKARAN

Date (Released) : 6 JUNE 2024 Submission: 27 JUNE 2024

Time allowed: 3 WEEKS

INSTRUCTION(S):

This assignment consists of TWO (2) sections:

SECTION A: Application Questions (20%) Answer ALL questions.

SECTION B: Essay Question (80%)

(This final assessment consists of 10 printed pages, including cover page)

 [UFM]-ECO102 (February 2024 Final Assessment) Page 2

Section A (20%) Application Questions

a) The VietinBank has $400,000 in checking deposits, $125,000 in savings deposits,

$500,000 in loans, $20,000 in its reserve account at the central bank, and $5,000 of
currency in its vault.
i) What is the total amount of reserves held by VietinBank? Provide a step-by-
step explanation of how you arrived at this amount based on the given
information. (5 marks)
ii) Determine the amount of assets and liabilities held by VietinBank that
contribute to M1. Provide a detailed explanation of the components included
in M1 and their corresponding values. (5 marks)

b) VietcomBank has checking deposits of $400, saving deposits of $900, time deposits of
$900, loans of $950, government securities of $900, outstanding credit card balances of
$400, currency in its vault of $40, and deposits in its reserve account at the central bank
of $40.
i) Calculate the amount of VietcomBank's deposits that fall within the category
of M1. Explain the criteria used to identify M1 deposits and provide a
breakdown of the included amounts. (10 marks)
ii) Determine the amount of VietcomBank's deposits that fall within the broader
category of M2. Explain the additional components included in M2 compared
to M1, providing a detailed breakdown. (5 marks)
iii) Calculate the total reserves held by VietcomBank.Provide a step-by-step
explanation of how you arrived at this amount based on the given information.
(5 marks)

c) Saigon Commercial Bank has reserves of $50, deposits of $100, loans of $20, and
government securities of $30. Assume the desired reserve ratio is 20 percent.
i) Identify and categorize the assets and liabilities of Saigon Commercial Bank.
Provide an explanation of each component and its role in the bank's balance
sheet. (5 marks)

ii) Calculate the amount of excess reserves held by Saigon Commercial Bank.
Explain the concept of excess reserves and how it is calculated. (5 marks)

iii) Discuss potential actions Saigon Commercial Bank can take with its excess
reserves. Explain how these actions may affect the overall quantity of money
in the economy. Provide a detailed analysis of the mechanisms through which
excess reserves influence the money supply, considering the bank's role in the
financial system. (10 marks)
Total marks: 50
 [UFM]-ECO102 (February 2024 Final Assessment) Page 3

Section B (80%) Essay Question

Demand management policies play a crucial role in shaping the economic landscape of a
nation. These policies cover a range of fiscal and monetary measures designed to influence
aggregate demand, consumption, and investment.

Concerning the above statement, you are required to discuss the details of demand
management policies, examining their theoretical foundations and real-world applications.
Furthermore, you are required to explore specific economic events where demand
management policies played a key role, offering insights into their effectiveness.

Essay structure Maximum words limit

Introduction to demand management policy 200
Discuss the details of demand management policies. 400
Examine the theoretical foundations and real-world 600
applications of the demand management policies.
Explore the most recent specific economic events where 600
demand management policies played a key role, offering
insights into their effectiveness.
Conclusion 200
Total 2,000

Note: The maximum word limits for each part of the question are only a guideline.

Instructions:

1 Your assignment should be typed using font size 12, Times New Roman, and 1.5
spacing.
2 Write a report of 2000 words in length. This excludes quotes and references. You
are discouraged from going beyond this limit.
3 It should contain complete references by using the APA referencing method for all
citations made in the paper (including in-text citations). An essay without citations
would be considered plagiarism and would be awarded a failed grade.
4 You must Turnitin and submit your final assignment answer in the Turnitin and
Project Submission Point in the HLMS by the due date. The similarity index
must be less than 15%. Late submissions will not be accepted. Use for HELP email
for all academic purposes.
5 The assignment should be paginated.
6 The arrangement of your project materials must be in the following order.
 Answer Book: You must write your FULL NAME, HELP Student ID,
Subject Code, and Subject Name.
 Project answer
 Reference list
Submit your project answer in PDF format.
7 Prohibited website sources
 [UFM]-ECO102 (February 2024 Final Assessment) Page 4
 Economicshelp.com
 Investopedia
 Wikipedia
 Ukessays.com
 Tutor2u.net
 Dineshbakshi.com/a-level economics
 Boundless. economics

Section A (Application Questions) Rubrics (50 marks)

Assessment Criteria Excellent Good Satisfactory Fair Poor
(45-50 marks) (35- 44 marks) (25-34 marks) (15-24 marks) (0-14 marks)
Definition and Very clearly defines Clearly defines and Adequately defines Poorly defined and Incorrectly defined
explanation of and explains the key explains the key and explains the key explained the key and inaccurately
concepts concepts. concepts. concepts. concepts. explained the key
concepts.
Computation and Correctly computed Correctly computed Correctly computed Correctly computed Incorrect computation
explanation of the and very clearly and clearly and adequately but did not explain and explanation of the
results explained the explained the explained the the results. results.
results. results. results.
Analysis and Provide correct Provide correct Provide correct Provide correct Provide incorrect
explanation of the analysis and analysis and analysis but an analysis but a poor analysis and inaccurate
outcomes using the explanation of the appropriate adequate explanation of the explanation of the
given data or models outcomes using the explanation of the explanation of the outcomes using the outcomes using the
relevant model or outcomes using the outcomes using the relevant model or relevant model or
using the given data. relevant model or relevant model or using the given data. using the given data.
using the given data. using the given data.

Section B (Essay Question) Rubrics(100 marks)

The score ranges from 1 to 5. A score of 1 for a poor Score Weight Marks
Assessment Criteria
answer to a score of 5 for an excellent answer
Introduction to demand 1 (Poor): The introduction is unclear and lacks a clear 5
management policy statement on demand management policies.
2 (Fair): The introduction provides some information but
lacks a clear focus on the importance and relevance of demand
management policies.
3 (Satisfactory): The introduction is clear and introduces the
topic of demand management policies, though it could be
more engaging.
4 (Good): The introduction is clear, engaging, and effectively
sets the stage for the discussion on demand management
policies.
5 (Excellent): The introduction is exceptionally clear, and
engaging, and provides a strong rationale for the importance of
understanding demand management policies.

Discuss the details of 1 (Poor): The discussion is minimal and lacks depth, covering 15
demand management only basic aspects of demand management policies.
policies. 2 (Fair): The discussion provides some information but lacks
depth and does not explore key details of demand management
policies.
3 (Satisfactory): The discussion covers the basics of demand
management policies and provides some details, but lacks in-
depth analysis.
4 (Good): The discussion is comprehensive, covering key
details of demand management policies with a good level of
analysis.
5 (Excellent): The discussion is highly comprehensive,
delving deep into the details of demand management policies,
offering critical analysis and insights
Examine the theoretical 1 (Poor): The examination is missing or extremely superficial, 20
foundations and real-world lacking an understanding of theoretical foundations and real-
applications of the demand world applications.
management policies. 2 (Fair): The examination provides basic information on
[UFM]-ECO102 (February 2024 Final Assessment) Page 5
theoretical foundations and real-world applications but lacks
depth.
3 (Satisfactory): The examination covers theoretical
foundations and real-world applications adequately but could
be more detailed.
4 (Good): The examination is detailed, providing a strong
understanding of theoretical foundations and real-world
applications.
5 (Excellent): The examination is exceptionally detailed,
demonstrating a deep understanding of both theoretical
foundations and real-world applications.
Explore the most recent 1 (Poor): There is no exploration of recent economic events 30
specific economic events related to demand management policies.
where demand 2 (Fair): The exploration is minimal and lacks relevance to
management policies recent economic events.
played a key role, offering 3 (Satisfactory): The exploration of recent economic events is
insights into their
present but lacks depth and insights.
effectiveness.
4 (Good): The exploration of recent economic events is
thorough, providing insights into their relation to demand
management policies.
5 (Excellent): The exploration is exceptionally detailed and
insightful, offering a deep understanding of the role of demand
management policies in recent economic events.
Conclusion 1(Poor): No conclusion or lacks a clear summary. 10
2(Fair): Weak conclusion with limited summary and no
synthesis.
3(Satisfactory: Adequate conclusion summarizing key points
but lacks synthesis.
4 (Good): Good conclusion summarizing key points and
offering a basic synthesis.
5(Excellent): Excellent conclusion that effectively
summarizes key points, synthesizes information and offers
insights for future considerations.
Referencing and in-text 1(Poor): Referencing lacks proper citations and adherence to 10
citation citation style.
2(Fair): Basic referencing includes some citations but has
inconsistencies or errors.
3(Satisfactory): Adequate referencing follows citation style
with few errors or minor inconsistencies.
4(Good): Referencing consistently follows citation style with
minimal errors.
5(Excellent): Referencing; impeccably follows citation style,
with accurate and consistent references throughout the paper.
Overall presentation 1(Poor): Presentation lacks organization, coherence, and 10
attention to detail.
2(Fair): The presentation has some organization but lacks
overall clarity and cohesion.
3(Satisfactory): The presentation is well-organized with a
clear structure but may have some lapses in cohesion.
4(Good): Presentation; well-organized, clear, and cohesive
with minimal lapses in structure.
5(Excellent): Presentation perfectly organized, clear, and
cohesive, providing a polished and professional appearance.
Total
Section A 20
Section B 80
Overall Mark 100

**END OF PAPER*
 [UFM]-ECO102 (February 2024 Final Assessment) Page 6

ANSWER BOOK

Student ID
Number :

Student
Name
:

Subject Code :

Date : Lecturer/ Tutor’s Name:

Question
INSTRUCTIONS TO CANDIDATES: Section Marks
Number
1. Begin each answer on a fresh page.
2. Write the question number on each page.
3. Write in the table on the right, the
numbers of the questions attempted in
each section, the order in which they
have been attempted.

TOTAL
 [UFM]-ECO102 (February 2024 Final Assessment) Page 7

ACADEMIC INTEGRITY

Honesty and Responsibility

Academic integrity is an important tenet of HELP University (the “University”). In pursuit of
the highest standards of academic integrity, the University holds its students to the highest
ethical standards defined by the Rules and Regulations section of the Academic Handbook.
All students studying a HELP University programme are subjected to and are bound by the
Student Academic Misconduct Rule to assure academic honesty. Students are required to sign
a pledge on the assignment cover sheet before submitting your assignments.

What is Plagiarism?
Plagiarism is academic dishonesty or academic theft, and it is a serious academic offence.
Plagiarism includes, but is not limited to, the followings:
1. quote, paraphrase, or summarise someone else’s ideas, theories or data, in whole or in
part, without appropriate acknowledgement;
2. borrow ideas, opinion or words, in whole or in part, from other sources without
properly crediting the author(s);
3. use any facts, statistics, diagrams or graphs, in whole or in part, without
acknowledging the source clearly;
4. claim or imply original authorship of someone else’s ideas, theories or data, in whole
or in part, as your own;
5. employ or allow someone to help to revise, amend or write your work and pass off as
your own original work;
6. collaborate with or allow other students to copy your work; and
7. draw on sources more than what you have acknowledged by citations.

While a student is not discouraged to discuss an assignment with his/her friends or

classmates, the work he/she submits must be done by the student alone. If a student shares
his/her assignment with other students and they plagiarise it, the student is as guilty as those
students who plagiarised his/her assignment. All parties to plagiarism are considered equally
guilty. Under no circumstances should a student be involved in collusion with other students
unless he/she is permitted to work on an assignment jointly by the lecturer/tutor. If a student
is unsure what constitutes plagiarism, he/she is obliged to consult the lecturer/tutor on the
matter before submission of his/her assignment.

When and How to Reference?

Knowing when and how to cite is a student’s responsibility. If he/she is in doubt or need
more help on this matter, the student may consult the lecturer/tutor. The following list
comprises some of the sources a student will need to reference. The list is by no means
 [UFM]-ECO102 (February 2024 Final Assessment) Page 8
exhaustive, but simply consists of the most common sources used by students to complete
their work.

1. Books
2. Chapters in books
3. Journal articles
4. Conference papers
5. Newspaper articles
6. Magazines
7. Websites
8. Study guide

Students are advised to cite in the following cases [1]:

1. When he/she quotes two or more words verbatim, or even one word if it is used in a
way that is unique to the source;
2. When he/she introduces facts that he/she has found in a source;
3. When he/she paraphrases or summarises ideas, interpretations, or conclusions that
he/she finds in a source;
4. When he/she introduces information that is not common knowledge or that may be
considered common knowledge in your field, but the reader may not know it;
5. When he/she borrows the plan or structure of a larger section of a source’s argument
(for example, using a theory from a source and analyzing the same three case studies
that the source uses);
6. When he/she builds on another’s method found either in a source or from
collaborative work in a lab;
7. When he/she builds on another’s program in writing computer code or on a not-
commonly-known algorithm; and/or
8. When he/she collaborates with others in producing knowledge.

In general, a referencing system requires two parts:

1. In-text citations
This is information about a source within the text of an assignment.
2. List of references
This is a list of all sources a student has used to research his/her assignment. It is
alphabetically arranged by author's surname and appears immediately after the last
page of an assignment.

Different faculties or departments may have different requirements on how referencing for an
assignment should be done. The various formats used for in-text citations and list of
references are available on the following websites:
1. Harvard System
(http://www3.imperial.ac.uk/library/subjectsandsupport/referencemanagement/
harvard))
2. Chicago Style (http://www.chicagomanualofstyle.org/index.html)
3. American Psychological Association or APA Style (http://www.apastyle.org)
4. Modern Language Association of America or MLA Style (http://www.mla.org/style)
1
http://www.yale.edu/bass/writing/sources/plagiarism/warning.html, accessed May 18, 2008.
 [UFM]-ECO102 (February 2024 Final Assessment) Page 9

Once a student has selected a referencing style for his/her assignment, he/she must follow the
same style consistently throughout the assignment. We strongly suggest that the student
consults the lecturer/tutor about which method to use before submission of his/her
assignment.

Penalties for Plagiarism

The Turnitin Similarity Index for all programmes offered should be no more than 15%.

Penalties for plagiarism range from mark reduction for the assignment to expulsion from the
University. If plagiarism has been found to have occurred, the action(s) taken will be
determined by the forms of plagiarism implicated:

1. Complete plagiarism
Verbatim copying another person’s work without acknowledgement
- To be referred to a panel 2 for further investigation. If the student is found to be
guilty, a grade “FL” is to be awarded for the subject.

2. Substantial plagiarism (Turnitin Similarity Index ≥ 30%)

Near-verbatim copying another person’s work by simply altering the order of the
sentences or the format of the presentation or by changing a few words or phrases
without acknowledgement.
- Based on a report submitted by the lecturer in charge of the subject, a Zero
mark will be awarded for the said assessment.

3. Minimal plagiarism (Turnitin Similarity Index ≥ 15%)

Paraphrasing by changing and/or eliminating some words without proper
acknowledgement.
- Based on a report submitted by the lecturer in charge, a deduction of up to
50% of the marks the student is entitled to receive for the said assessment.

Pleading ignorance or unintentional plagiarism does not constitute valid reasons for
plagiarism and will not avoid the penalties from being imposed. Excuses for acts of
plagiarism such as the following, but not limited, will not be entertained:
1. I don’t have time to do the assignment
2. I have too many assignments due on the same day
3. I don’t know, I didn’t do it
4. I am not aware
5. I don’t understand what plagiarism means
6. I have no intention to plagiarize
7. I forgot to cite the reference
8. I forgot to include the bibliography
9. My English is not good
10. My lecturer/tutor did not explain this to me
11. In my country, it is alright to copy someone else’s work
12. My friend copied my assignment when I let him/her look at my assignment
13. My friend copied my assignment when I allow him/her to use my laptop
14. I did my assignment in the computer lab, someone must have copied my work
2
The panel consists of the HoD as the Chair and 2 to 3 senior academic staff.
[UFM]-ECO102 (February 2024 Final Assessment) Page 10
15. I asked my friend to submit my assignment and he/she copied my work
16. I discussed my assignment with my friends, so our answers are the same/similar
17. Even though I do not have in-text citations but I have a bibliography/reference list

Students should be reminded that it is their responsibility to take due care throughout their
written work to effectively reference or cite when they use others’ ideas from any source.

**END OF QUESTION PAPER**