Micro and Contemporary Economics Analysis

TASK 1

Critically analysed the following micro economics concepts with reference to any retail business of your choice.

1.1 Explain the law of Demand, movement along the same demand curve (with the aid of diagram) and changes in demand curve with its factors (with the aid of diagram).

1.2 Explain the law of Supply, movement along the same supply curve (with the aid of diagram) and changes in supply curve with its factors (with the aid of diagram).  

TASK 2

Compare and contrast emerging theories and models in 21st century contemporary economics with those of the 20th century, and relate both of these to modern business practices.

·General coherence of the assignment, introduction, presentation, conclusion and referencing.                                                                          

Critically evaluate the alternative theories of economics and their implications for business, including traditional economic approaches and also more contemporary approaches relating to behavioural economics.

Critically assess concepts and principles underlining business activity.

Apply the appropriate models and techniques for analysing the environment within which business organisations operate.

•Written work must be word-processed and should state the number of total words used at the end.

•All work to be submitted as Arial 12 font with 1.5-line spacing.

•All writing should be in the third person passive.

•All work should be correctly referenced

•No collaboration is allowed.

Your work will be assessed on the extent to which it demonstrates your achievement of the stated learning outcomes for this assignment (see above) and against other key criteria as defined by your programme team.

See marking criteria grid provided below for how each element/task of the assessment will be marked and the corresponding weighting of marks for each element/task required.  

1.This assignment must be submitted electronically by 2pm on the submission date

2.To submit electronically you must upload your work to the e-submission area within the Blackboard module concerned. Click Submit> Browse (find the correct file to upload) Upload> Submit

3.You can resubmit your work as many times as you like until the deadline. If you choose to resubmit, your earlier submission will be replaced, and you will NOT receive an Originality Report until 24 hours from when the submission was made.

4.You will receive a digital receipt as proof of submission. This will be sent to your Bucks e-mail address; please keep this for reference. (make sure you have e mail forwarding http://bucks.ac.uk/forward so that you receive this e mail proof)

5.You are reminded of the University’s regulations on cheating and plagiarism. In submitting your assignment, you are acknowledging that you have read and understood these regulations.

6.Anything submitted after the deadline will not be marked.

7.You are reminded that it is your responsibility to keep an electronic copy of your assignment for future reference.

·You are reminded of the University’s regulations on academic misconduct, which can be viewed on the University, you are acknowledging that you have read and understood these regulations

·Please also note that work that is submitted up to 10 working days beyond the submission date will be considered a late submission. Late submissions will be marked and the actual mark recorded, but will be capped at the pass mark (typically 40%), provided that the work is of a passing standard. Work submitted after this period will not be marked and will be treated as a non-submission.

·Please use the provided checklist below to make sure you are ‘fit to submit’ your work

·We recommend you use this checklist as soon as you get this assignment brief to help you plan your work

1. Read through the assignment brief carefully taking note of key words.

2. Produce both a cover page and a contents list. Ensure pages are numbered.

3. Produce good paragraphs of Introduction and Conclusion.

4. Use short sentences, avoiding jargon and verbosity.

5. All research material should be referenced to their sources as failure to do so implies plagiarism.

6. DO NOT COPY material from another student, as BOTH assignments will be disqualified.

7. Do not exceed the number of words allowed.

8. Upload assignment onto Turnitin no later than the deadline

Have you read and understood the assessment criteria?

Have you met the learning outcomes? You will lose marks and your work may even   be failed if you have not.

Have you demonstrated you can think and write critically in the completed work?   

This means you have supported your arguments/explanations appropriately e.g. using relevant academic sources and you have offered discussion points which extends your own or others’ viewpoints to make reasoned conclusions/judgements.

Have you maintained an academic tone throughout your work? Is your work formal, focused, developed and clear?

Have you checked that the referencing in your assignment is in line with your programme requirements?

Have you proof-read your work and used spellcheck software to check your spelling and grammar?

Have you checked the presentation of your work is as specified by your tutor, for example, are font size, colour, style, line spacing and margins as the tutor specified?

Have you kept to the word count (or equivalent)? If you are not sure, check with your tutor.

Can you confirm that the work submitted is your own and not plagiarised?