ASSESSMENT TEMPLATE___________________________________________________

Subject Title ECONOMICS AND FINANCE FOR BUSINESS

Subject Code ECO600
Lecturer / Tutor HEMANATH SWARNA and YILING ZHANG
Trimester JULY 2019

Assessment Title MID-TERM EXAM

Learning Outcome/s (found in the 1, 3
Subject Outline)
Assessment type (group or INDIVIDUAL
individual)
Weighting % 25%
Word count -
Due day & date WEEK 7
Class submission Lecture Tutorial X
Submission type Paper copy X Turnitin

Format / Layout of Assessment Report:

(details of what to include) ICMS Cover Page
Table of Contents
Synopsis / Executive Summary
Introduction
Findings
Conclusion
Recommendations
Reference List
Appendices

Essay:
ICMS Cover Page ☐
Introduction ☐
Body ☐
Conclusion ☐
Reference List
☐
Appendices
☐

Oral Presentation:
Paper submission
PowerPoint submission
Peer review (group presentation)
Reference List
Other:
Multiple-choice X

Fill-in-the-blanks X
Short-answer X

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ASSESSMENT TEMPLATE___________________________________________________
Assessment instructions
(clear, succinct, without
repetition)
Readings for the assessment
(instructions where they can be
found e.g. MyAthens database,
Moodle etc.)
Grading Criteria / Rubric
Fail
Range 0-49%
Where must the student go?
> Students must be present in class and be in class on
time to complete this sit-in mid-term exam.
Other rules and information
>Students will be given 5 minutes of reading time. Then,
the exam will run for 50 minutes. It will contain 15
questions. It will be a closed-book assessment.
> This exam will contain a mix of multiple-choice
questions, questions that require students to fill in the
blanks or write short answers or sketch diagrams (cost
curves or demand and supply curves).
> Students are only allowed to use their pens.
Calculators are not required – there will be no
calculations involved.
> Students who need a bilingual dictionary must inform
the lecturer about this requirement to obtain his/her
consent at least 10 minutes before the start of the exam.
> The exam will test students on the topics of Weeks 1
to 4. These cover the introductory concepts and ideas;
demand; production costs and supply; the interaction of
demand and supply; and market failure.
> Student will not only be tested on the theory, but more
importantly, beyond that– on their ability to apply these
theories to real-life situations.
> The mid-term exam mimics the conditions of the final
exam and therefore prepare students for it.
> To prepare for the exam, students must refer to:
(i) their lecture notes and slides,
(ii) notes taken during classroom activities
(iii) reading material and exercise questions
provided by the lecturer.
> See scoring guide below.
Scoring guide
Pass Credit Distinction H. Distinction
50-64% 65-74% 75-84% 85-100%
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