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Posted: September 12th, 2022

Homework help, HI5003 Economics for Business

HI5003 Economics for Business
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
Group Assessment Particulars and Submission Tips
Trimester T2 2022
Unit Code HI5003
Unit Title Economics for Business
Objective of the
Assessment (with
ULO Mapping)
i. College students are required to work in teams of Four members to decide on an
business/Sector of their alternative. Whereas working in a selected group, college students
are required to use their data discovered within the course unit to write down
an business/sector report (Studying Outcomes 1, 2, three, 5).
See Project Specs for detailed necessities
Assessment
Kind/Title
WEIGHT LEARNING
OUTCOMES
Phrase
Restrict
Due date
Written Last
submission
Group/ Particular person
mark
40% 1, 2, three, 5 3000 See Tips under
Whole 40% 1,2,three,Four,5 See Tips under
Particular presentation and remaining project submission pointers
Submission
Tips
(40 marks)
All work have to be submitted on Blackboard by the respective due date together with a
accomplished Project Cowl Web page:
Last business analysis submission
(i) Due date: Week 11, Mid evening Monday 26, September 2022
(ii) Last submission analysis paper on you sector or business shouldn’t exceed 3000
phrases
(iii) The project have to be in MS Phrase format, single spacing, 12-pt Arial font and a couple of cm
margins on all 4 sides of the web page with acceptable part headings and web page
numbers.
(iv) Reference sources have to be cited within the textual content of the report, and listed appropriately at
the top in a reference listing utilizing Harvard referencing type.
(v) Penalties apply for late submissions.
(vi) College students in a bunch are required to take part equitably within the group project and
that college students are accountable for the tutorial integrity of all parts of the
project. You might want to full the next desk which identifies which
scholar/college students are accountable for the assorted sections of the project
(vii) The Project Coversheet within the BB Group Project info have to be
accomplished, signed and submitted with the project as it’s a obligatory
part required earlier than any grading is undertaken.
Group
Formation
1. college students can kind their respective teams within the BB of Four Members most
2. In case you are meaning to work alone you’ll STILL must enrol your self in a bunch (recognized
as a ‘solo-group’). Solo group enrolment might be obtainable to hitch at 12 midday on Monday
of week 6
Web page 2 of 11
When solo teams open on Monday of week 6, no additional Four-person teams might be
obtainable to hitch.
In the event you want to restrict the dimensions of your project group to 2 or three individuals, that may solely
be completed as soon as solo teams are opened. One particular person should enroll in a solo group after which
request the Unit Coordinator so as to add the second (and third) member. This have to be completed
firstly of week 6.
three. Name members who might want to kind a bunch with you by utilizing the Dialogue Board
or throughout Drop-in Periods.
Four. After you have agreed, go within the BB and self-enrol.
5. Don’t be a part of any group until you might be allowed to hitch the group by the present Group
members.
6. In case a member joins your group with out permission, REPORT instantly. The
title might be deleted.
7. All college students MUST be in A GROUP by the top of WEEK 7 (September 2, 2022).
Don’t delay beginning to work in your Challenge Work
Project Specs
Objective:
This project goals to reinforce college students’ analysis and analytical potential by way of the applying of their
economics data discovered within the course unit to compose an organization report.
The beneficial project construction for remaining submission is as follows:
⎯ Desk of content material
⎯ Govt Abstract
⎯ Introduction
⎯ Firm background
⎯ Business/sector background
⎯ The market construction of the business/sector
⎯ Micro-economic and macroeconomic components that affect demand of the corporate’s product(s) or
companies
⎯ Micro-economic and macroeconomic components that affect provide of the corporate’s product(s) or
companies
⎯ Elasticity
⎯ Latest macroeconomic occasion that affected the business/firm and, Australia
⎯ Suggestions
⎯ Conclusion
⎯ Checklist of References.
Notice*: The construction content material will not be restricted to the objects listed above. Creativity for a greater report
construction is a key requirement.
Web page three of 11
Detailed necessities of the project
You’re a group of advisors to the Administration Board in your organization with Headquarters in Australia. As
advisors you might be first, required to conduct analysis in your chosen sector/business masking the earlier 5-
10 years. Second, you might be required to current an organization technique to your Administration Board and to the
Federal Authorities of Australia masking the following 5 years. Third, your Administration Board requires that you simply
make a presentation of your findings and techniques, and also you put together a 3000-word market report.
Notice:
i. if your organization has many merchandise and/or companies, you possibly can choose a consultant product/service to
focus on for factors (2); (three); (Four); and (5).
ii. This report ought to present helpful info for your organization’s Administration Board. It ought to use a
number of sources, together with the textbook, newspapers, business reviews, the ABS web site, and different
sources.
iii. Moreover, your report ought to embody headings and sub-headings. It must be correctly referenced
utilizing the Holmes Institute tailored Harvard type and a minimum of 5 references.
iv. The listing under is supplied from which you might be to decide on a sector/ business. Invalid submission might be
thought-about for a sector that’s not included within the listing under.
v. Point out your analysis Sector/Business and, the corporate earlier than your desk of content material.
Australia sector/ business choice distribution
1 Agriculture: fisheries
2 Agriculture: Floriculture business
three Agriculture: contemporary meals business
Four Agriculture: Poultry and Poultry merchandise
5 Agriculture: help companies
6 Development companies: Infrastructure and heavy development
7 Development Companies: Institutional and industrial constructing
eight Development Companies: Renovation companies
9 E-commerce
10 Schooling College and tertiary establishments
11 Schooling: Early Childhood-Main Schooling
12 Schooling: Nursery and Schooling care sector
13 Schooling: Personal Colleges schooling sector (Main and secondary)
14 Schooling: Personal Technical and Additional Schooling (TAFE) sector
15 Schooling: Public Colleges schooling sector (Main and secondary)
16 Schooling: Public Technical and Additional Schooling (TAFE) sector
17 Leisure: Reside efficiency business
18 Leisure: recorded leisure and cinema business
19 Finance: Superannuation companies
20 Monetary companies – Brokerage Companies
21 Monetary companies –Banking sector
22 Monetary companies -Insurance coverage Companies
23 Monetary companies -Tax and audit consulting
24 Hair and sweetness companies
25 Well being Care services- Laboratory and diagnostic care companies
26 Well being Care services- Personal Well being companies
27 Well being Care Companies-Dental care companies
28 Well being Care-Incapacity companies
29 Healthcare services- House care and Aged Care Companies
30 Data: land line phone communications
Web page Four of 11
31 Leisure and hospitality: Marine tourism and constitution vessels
32 Leisure and hospitality: Cruise companies
33 Leisure and hospitality: Quick meals
34 Leisure and hospitality: Resort and Lodging companies
35 Leisure and hospitality: Tour and Travels companies
36 Leisure and hospitality: Tourism and heritage websites
37 Mannequins and modelling
38 Manufacturing drinks different: Bottled Water
39 Manufacturing drinks: Beer and alcoholic drinks
40 Manufacturing drinks: Fruit Juice Drink
41 Manufacturing drinks: Comfortable Drink
42 Manufacturing drinks: Spirits
43 Manufacturing drinks: Wine Manufacturing
44 Manufacturing meals: Bakery merchandise
45 Manufacturing meals: Dairy merchandise
46 Manufacturing meals: flour mill and cereal meals
47 Manufacturing meals: Fruit and vegetable processing
48 Manufacturing meals: Meat and meat merchandise
49 Manufacturing meals: Oil and fats manufacturing
50 Manufacturing meals: Seafood processing
51 Manufacturing meals: Sugar and confectionery
52 Manufacturing sector: equipment and gear manufacturing together with elements
53 Manufacturing sector: Automotive business
54 Manufacturing sector: chemical manufacturing and processing: pesticides
55 Manufacturing sector: footwear and equipment
56 Manufacturing sector: Furnishings and wooden merchandise
57 Manufacturing sector: leather-based
58 Manufacturing sector: steel
59 Manufacturing sector: Petroleum refining
60 Manufacturing sector: plastics manufacturing
61 Manufacturing sector: printing together with small and huge manufacturing runs
62 Manufacturing sector: pulp and paper merchandise
63 Manufacturing sector: Ship constructing
64 Manufacturing sector: textiles
65 Manufacturing-chemical manufacturing and processing: Primary Inorganic
66 Manufacturing-chemical manufacturing and processing: cleansing merchandise and toiletries
67 Manufacturing-chemical manufacturing and processing: Cosmetics, Fragrance
68 Manufacturing-chemical manufacturing and processing: explosives
69 Manufacturing-chemical manufacturing and processing: fertilisers
70 Manufacturing-chemical manufacturing and processing: pharmaceutical and medicinal
71 Manufacturing-chemical manufacturing and processing: photographic
72 Manufacturing-chemical manufacturing and processing: Cleaning soap and Cleansing Compound
73 Manufacturing-chemical manufacturing and processing: Artificial Resin and Artificial Rubber
74 Manufacturing-chemical manufacturing and processing: Veterinary Pharmaceutical
75 Media and Leisure- cinematography
76 Media and Leisure- Radio companies
77 Media and Leisure-Music, dance and drama companies
Web page 5 of 11
78 Media and Leisure-Tv companies
79 Media: Web companies (different)
80 Media: Web services- On-line boards
81 Media: Web services- Social networks or web sites
82 Mining: bauxite, alumina, rutile and tantalum
83 Mining: Coal mining
84 Mining: Gem and different pure useful resource industries
85 Mining: Gold
86 Mining: Iron ore
87 Mining: Oil and fuel business
88 Mining: Different minerals
89 Oil and fuel exploration and manufacturing
90 Postal and Warehousing Skilled
91 Property market, Rental, Hiring and Actual Property Companies
92 Publishing business
93 Quarrying business
94 Quaternary sector: Computing and ICT (info and communication applied sciences)
95 Quaternary: Analysis and design (R&D)
96 Quaternary: consultancy (providing recommendation to companies)
97 Racing business
98 Actual Property
99 Retail commerce
100 Scientific, Technical Companies and Architectural companies
101 Telecommunication companies: Cellular cell commerce companies
102 Telecommunication companies: Cell phone manufacturing
103 Telecommunication Companies: Cell phone restore companies
104 Transport companies: Air freight and logistics
105 Transport companies: Airline business
106 Transport companies: marine companies
107 Transport Companies: Personal-for-hire Car (non-rail) Business
108 Transport Companies: Public bus companies
109 Transport companies: Practice companies
110 Transport companies: Warehousing and stevedoring
111 Transport: Personal bus companies
112 Utilities: Electrical energy provide companies
113 Utilities: Gasoline provide companies
114 Utilities: Water and Waste Companies
115 Utilities: Water, sewerage and drainage companies
Notice:
(i) Two teams should not analysis on an similar business or sector
(ii) The business or sector choice might be first come foundation
(iii) Ship e mail to your Unit Coordinator for approval of the subject
(iv) Sectors/Business chosen might be posted in type of weekly foundation announcement
(v) Following (i) and (iv), earlier than selecting a mixture verify to establish that the Sector or
business not recognized earlier than searching for approval.
Web page 6 of 11
REFERENCING GUIDELINES: Holmes Tailored Harvard Referencing
Holmes has now carried out a Holmes tailored Harvard strategy to referencing:
1. Reference sources in assignments are restricted to sources which give full textual content entry to the
supply’s content material for lecturers and markers.
2. Your Reference listing is to be situated on a separate web page on the finish of the essay and titled:
References.
three. It ought to embody the main points of all of the in-text citations, organized alphabetically A-Z by writer
surname. As well as, it MUST embody a hyperlink to the complete textual content of the cited reference supply.
For instance;
Hawking, P., McCarthy, B. and Stein, A. 2004. Second Wave ERP Schooling, Journal of Data
Methods Schooling, Fall, http://jise.org/Quantity15/n3/JISEv15n3p327.pdf
Four. All assignments would require further in-text reference particulars which can encompass the surname of
the writer/authors or title of the authoring physique, 12 months of publication, web page variety of content material,
paragraph the place the content material may be discovered.
For instance;
“The corporate determined to implement an enterprise large information warehouse enterprise intelligence
technique (Hawking et al, 2004, p3(Four)).”
Adherence to Referencing Tips is Necessary
If college students don’t comply with the above pointers:
1. College students who submit assignments which don’t adjust to the rules will incur penalties.
2. College students whose citations are faux might be reported for tutorial misconduct.
STUDENT ASSESSMENT SUBMISSION AND LATE PENALTIES
To be eligible to cross this unit, you should full all types of Assessment and show achievement
of the training outcomes. All assignments have to be submitted electronically ONLY utilizing a phrase
processor, uploaded to Blackboard by way of the Last Test and Submission of SafeAssign.
Submission deadlines are strictly enforced and a late submission incurs penalties of 5 (5) % of the
Assessment worth per calendar day until an extension and/or particular consideration has been granted
by the lecturer previous to the Assessment deadline. Until an extension and/or particular consideration has
been granted, no assessments are accepted after 14 calendar days of the due date, or the top of the
trimester for assessments due later in a trimester. College students want to permit as much as 24 hours for the Last
Test of their project submission to SafeAssign to be obtainable.
Web page 7 of 11
Group Assessment Plan
An efficient approach for college students to be taught economics is thru participation in a Group Assessment
Challenge. This mission is designed to perform efficient studying.
Throughout the course of the semester, every of the weather of your Group Assessment, could also be reviewed
by your Lecturer.
Group Communication instruments
File Change software:
All the tutorial papers which can be used within the project should be posted on BB by utilizing File Change
software. College students want to focus on the dialogue within the tutorial paper which is related points associated
to the project. Tutorial papers may be present in ProQuest (ProQuest instruction may be present in
web page 6. Project might be marked ZERO if doesn’t embody references listing.
Group Weblog:
All of the dialogue about group project must be recorded by utilizing Group Weblog software. The
dialogue should related to the content material of the project and displays the end result of the group
assembly.
Methods to do group project – Instruction
Group instruments
Your teacher chooses which communication and collaboration instruments can be found to your group. If
you need to use a software however do not discover in your group’s web page, ask your teacher to allow it.
Instrument Description
File Change Group members and instructors can share recordsdata on this space. All members can
add and delete recordsdata, no matter who added them.
Group Weblog Within the group space, all members of a bunch can create entries for the identical weblog
and construct on every entry. All course members can learn and touch upon a bunch
weblog, however they cannot make posts until they’re members of the group. Instructors
can select to grade group blogs. All group members obtain the identical grade.
Group Journal Within the group space, all members of a bunch can view one another’s entries. Solely
group members and instructors can view a bunch journal. Instructors can select
to grade group journals. All group members obtain the identical grade.
Ship Electronic mail Group members can e mail particular person members or your entire group.
Change recordsdata with a bunch
• With file change, you possibly can share recordsdata with different members of your group, together with your
teacher.
• You possibly can’t create folders in file change. Along with your group, resolve the way you need to title recordsdata so
that they’re simpler to find in an extended listing.
Add a file to the file change
(i) Group Instruments > File Change > Add File
(ii) Add a reputation for the file you need to add. Browse for the file and submit.
(iii) Delete a file from the file change
(iv) You possibly can delete any file, even for those who did not add it. On the File Change web page, choose Delete
within the file’s menu.
Group Weblog
All of the group members can focus on concerning the project by utilizing Group Weblog. As soon as you might be allotted
in a bunch, you possibly can see this operate.
Group > Group Instruments > Group Weblog > Create Weblog Entry
Web page eight of 11
ProQuest
To login
Go to: http://www.holmes.edu.au/ > Login > Proquest
USERNAME: holmes2004 and; PASSWORD: holmes
Proquest Ideas
Web page 9 of 11
HI5003 Economics for Business
___________________________________________________________________________________________________
Marking Rubric
Standards Wonderful (>=80%) Excellent (70-79%) Good (60-69%) Passable (50-59%) Unsatisfactory (<50%)
The diploma of
understanding and
data about
the corporate and
the business which
is proven within the
description of the
firm &
business, and the
Assessment of market
construction
(25 % of the entire
mark)
– Wonderful understanding about
the corporate/business with
complete and up to date
information.
– Appropriate identification of the
market construction, supported by
in depth proof concerning the
approximate variety of corporations in
the market, market share,
market leaders, product
homogeneity/heterogeneity,
and many others.
– Excellent understanding
concerning the firm/ business
with some up to date information.
– Appropriate identification of the
market construction, supported
by good proof concerning the
approximate variety of corporations
available in the market, market share,
market leaders, product
homogeneity/heterogeneity,
and many others.

– Cheap
understanding concerning the
firm/business with a
restricted quantity of
details about the
firm/business.
– Tackle the Question Assignment
about market construction
however mis-identify the
construction or appropriately
establish the market
construction however don’t
present good proof to
help.
Poor understanding
concerning the business and
utterly incorrect
identification of the
market construction with
poor proof to
help.
The diploma of
Assessment of demand
and provide
determinants; and
the dialogue
about value
elasticity of
demand
(25% of the entire
mark)
– Wonderful Assessment about
demand and provide
determinant, supported by
glorious information or research.
– Conclusion about elasticity is
strongly supported with
glorious discussions/argument
or discuss with research within the
literature to help the
conclusion
– Excellent Assessment about
demand and provide
determinant, supported by
excellent information or research.
– Conclusion about elasticity is
supported with good
discussions/argument or refer
to research within the literature to
help the conclusion
– Good Assessment about demand
and provide determinant,
supported by good information or
research.
– Conclusion about elasticity is
supported with restricted
discussions/argument.
– Cheap Assessment
about demand and provide
determinant, supported
by restricted information or research.
– Conclusion about
elasticity will not be supported
with
discussions/argument.
-Poor Assessment about
demand and provide
determinant, with no
supported dialogue.
-Conclusion about
elasticity will not be
supported with
discussions/argument.
Assessment of a current
macroeconomic
occasion that has
affected the agency/
-Wonderful description of the
occasion

the occasion
-Cheap dialogue
concerning the probably influence of
-Poor description the
occasion
-Poor dialogue about
the probably influence of the
HI5003 Economics for Business 11
Standards Wonderful (>=80%) Excellent (70-79%) Good (60-69%) Passable (50-59%) Unsatisfactory (<50%)
business and,
nation
(25% of the entire
mark)
market and nation, supported
by good proof (statistics,
research or articles that debate
the precise or probably impacts).
in the marketplace, supported by
some good proof
(statistics, research or articles
that debate the precise or probably
impacts).
restricted proof (statistics,
research or articles that debate
the precise or probably impacts)
the occasion in the marketplace,
not supported by good
proof
occasion in the marketplace,
not supported by any
proof
The diploma of
analysis, the
format, construction,
presentation, and
writing of the
report
(25 % of the entire
mark)
– Proof of complete
and related analysis with
appropriate referencing.
– Meet format necessities to
a excessive customary, together with clear
construction, headings, phrase depend
(near approximation) and
glorious presentation.
-Proof of excellent and
related analysis with appropriate
referencing.
-Meet format necessities to
an excellent customary,
together with clear construction,
headings, phrase depend (near
approximation) and excellent
presentation.
-Proof of fine and related
analysis with appropriate
referencing.
-Meet format necessities to
a superb customary, together with
clear construction, headings, phrase
depend (near approximation)
and good presentation.
-Proof of cheap
analysis with some
errors in referencing.
-Meet format
necessities to a
cheap customary, however
may very well be improved with a
clearer construction,
headings, or might have
higher met phrase depend
approximation) and honest
presentation.
-No good and related
analysis with many
errors in referencing.
-Might not have adopted
key Question Assignment choice
steerage, or might not
meet format
necessities, resembling
clear discussions, titles
or headings, phrase
depend, or poor
presentation.

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