Business Management and Macro- Economic Policy LSME007
- Subject Code :
LSME007
- University :
others Exam Question Bank is not sponsored or endorsed by this college or university.
- Country :
France
ASSIGNMENT BRIEF
PROGRAMME TITLE |
BSc (Hons) Business Management |
MODULE CREDIT VALUE |
20 |
MODULE TITLE |
Business Management and Macro- Economic Policy |
MODULE LEVEL |
Foundation |
MODULE CODE |
LSME007 |
ACADEMIC YEAR |
2024/25 |
MODULE TEAM |
Harsha Subhashana, Dr Neelima Lakra, Narjes Vahedi |
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LEARNING OUTCOMES |
On successful completion of this module, students will be able to: 1. Understand and explain the principal economic factors that can affect the business environment 2. Demonstrate an understanding of how monetary policy affects the real economy 3. Demonstrate an understanding of how fiscal policy affects the real economy 4. Discuss the role of capital markets in financing long-term investment |
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SUBMISSION DEADLINE |
27/03/2025 |
ISSUE DATE |
09/01/2025 |
SIGNATURE OF ASSESSOR |
Harsha Subhashana |
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Business enterprises are strongly influenced by the economic environment in which they operate. An understanding of how government economic policies can affect the business environment is therefore essential for the effective management of organisations. This module considers some of the principal economic influences on the business environment before examining the specific role of government monetary and fiscal policy. The module concludes by examining the role of capital markets in raising finance for investment.
ASSESSMENT TASK
Class Presentation Presentation Requirements:
- Slides: 10 to 15 PowerPoint slides
- Written Content: Approximately 500 words (+/- 10%)
- Presentation Duration: 20 minutes (+/- 2 minutes)
Total Weighting: 100%
Intended Learning Outcomes: 1, 2, 3, and 4
Key Instructions:
- Slide Content: Avoid writing long paragraphs on your Use bullet points to convey key ideas clearly and concisely.
- Oral Presentation: Elaborate on the bullet points in your own Reading directly from the slides is not effective; instead, engage with your audience by explaining and expanding on the points presented.
- Citations and References: Ensure that all sources are properly cited within the slides and referenced according to academic standards.
- Presentation Delivery: Utilise appropriate body language, voice modulation, and movement within the speaking area to enhance the impact of your explanations.
- Audience Engagement: Foster engagement by incorporating rhetorical questions, anecdotes, personal experiences, relevant humour, quotations, and current These elements will make your presentation more relatable and interesting to your audience.
In this assignment, you are required to demonstrate knowledge and understanding of principal economic factors that can affect the business environment. Further, the presentation should demonstrate an understanding of the impact of monetary and fiscal policy on the economy. The presentation should then extend to discuss the role of capital markets in raising finances for long-term investment. The presentation should broadly evidence the following:
Understanding of economic issues such as government policies, labour markets, income distribution and employment, and their impact on the business environment. -25 Marks
Understanding of monetary policy and supply and demand for money. Implications of different aspects of the demand for money. -25 Marks
Understanding of fiscal policies focussing on taxation and its macro-economic effects, social security contribution, pensions, and benefits. As part of the explanation of fiscal policies, the presentation should also evidence an understanding of public expenditure deficits and the sustainability of public debt. -25 Marks
Discussion on the role of various primary and secondary capital markets such as stock markets and bond markets in raising money for investment. The presentation should also include a discussion on crowdfunding and cryptocurrencies. -25 Marks
[Total = 100 Marks]
INDICATIVE MARKING CRITERIA
Grade |
Criteria |
A* 80%+ High First |
An answer in this band of marks will have the following attributes: Excellent understanding of economic issues and their impact on the business environment Excellent understanding of monetary policy and its impact on the economy Excellent understanding of fiscal policy and its impact on the economy Excellent account of capital markets explaining their role in raising the long-term finance Excellent presentation structure: opening, body, conclusion and transition from one point/ section to another Excellent visual aids: structure, design, transition and clarity Excellent appearance and use of vocal verity, body language and presentation media/ space Excellent use of language: grammar, pronunciation, word selection Excellent use of Harvard-style referencing Excellent response from the audience |
A70-79% First Class |
All components will have been submitted, and the remaining criteria will be as per the 80%+ marking band. However, in one or two areas student may not have demonstrated the skills as noted in band 80%+ |
B60-69% Upper Second |
An answer in this band of marks will have the following attributes: Very good understanding of economic issues and their impact on the business environment Very good understanding of monetary policy and its impact on the economy Very good understanding of fiscal policy and its impact on the economy Very good account of capital markets explaining their role in raising the long-term finance Very good presentation structure: opening, body, conclusion and transition from one point/ section to another Very good visual aids: structure, design, transition and clarity Very good appearance and use of vocal verity, body language and presentation media/ space Very good use of language: grammar, pronunciation, word selection Very good use of Harvard-style referencing Very good response from the audience |
C50-59% Lower Second |
All components will have been submitted, and the remaining criteria will be as per the 60-69% marking band. However, there will be some gaps in knowledge and analysis. |
D4049% Third Class |
An answer in this band of marks will have the following attributes: Limited understanding of economic issues and their impact on the business environment Limited understanding of monetary policy and its impact on the economy Limited understanding of fiscal policy and its impact on the economy Limited account of capital markets explaining their role in raising the long-term finance Limited presentation structure: opening, body, conclusion and transition from one point/ section to another Limited visual aids: structure, design, transition and clarity Limited appearance and use of vocal verity, body language and presentation media/ space Limited use of language: grammar, pronunciation, word selection Limited use of Harvard-style referencing Limited response from the audience |
F30-39% Fail |
An answer in this band of marks will have the following attributes: Poor understanding of economic issues and their impact on the business environment Poor understanding of monetary policy and its impact on the economy Poor understanding of fiscal policy and its impact on the economy Poor account of capital markets explaining their role in raising the long-term finance Poor presentation structure: opening, body, conclusion and transition from one point/ section to another Poor visual aids: structure, design, transition and clarity Poor appearance and use of vocal verity, body language and presentation media/ space Poor use of language: grammar, pronunciation, word selection Poor use of Harvard-style referencing Poor response from the audience |
F029% Poor Fail |
An answer in this band of marks will have the following attributes: Largely inaccurate or irrelevant material. Little or no evidence of logical reasoning. Limited ability to present information The structure of the presentation is very weak Many mistakes in grammar or sentence construction Citations and bibliography incorrect or missing The work may be incomplete or too brief |
COMPLETING THE TASKS
In order to complete the assignment, you will need to research different information sources such as textbooks, journals, articles, and the Internet. You are also required to develop skills in the analysis of information. Analysis requires you to critically examine different aspects of a topic and identify relevant issues. Discussions with your peers and friends will also help you understand the relevant data analysis and presentation techniques applied to different perspectives of the collated data provided.
Please Note: Make use of information on assignment preparation and command verb usage in your VLE.
HELPFUL INFORMATION
Core Texts
Dastidar, S.G. (2017) Capital Markets and Investments: Essential Insights and Concepts for Professionals.
New York: Reading Light Publication.
Gillespie, A. (2019) Economics for Business. Oxford: OUP.
Peto, R. (2014) An Introduction to Monetary Theory. Nordenstedt: GRIN Verlag.
Rinaldi, G. (2019) Economics for Policy Makers: A Guide for Non-Economists. London: Routledge. Ward, D. and Begg, D. (2016) Economics for Business. Maidenhead: McGraw-Hill Education.
Additional texts
Sloman, J., Garratt, D., Guest, J. and Jones, E. (2019) Economics for Business. 8th edn. UK: Pearson Higher Education.
McDowell, M. (2012) Principles of Economics (UK Higher Education Business Economics). Europe: McGraw-Hill Education.
Mankiw, G.N., Taylor, M.P. and Ashwin, A. (2017) Business Economics. Cengage Learning.
References to relevant academic theory and research findings should be provided and cited appropriately using the Harvard system of referencing. Examples of this referencing style are as follows:
REFERENCING YOUR WORK
Source Type: Book
Pears, R. and Shields, G. (2016) Cite them right: the essential referencing guide. Palgrave study skills. 10th ed. Basingstoke: Palgrave Macmillan.
Source Type: Journal Article
Petit, C. and Sieffermann, J. (2007) 'Testing consumer preferences for iced-coffee: Does the drinking environment have any influence?', Food Quality and Preference, 18(1), pp.161-172.
Note: Do not use Wikipedia, tutor2U or non-academic websites as sources of reference.
ACADEMIC MALPRACTICE
You are required to work independently when preparing this assignment, and you are reminded of the need to avoid the risk (intentionally or unintentionally) of committing academic malpractice. In particular, presenting another learners work as yours or taking information from any sources without acknowledging the source correctly can constitute academic malpractice. You are expected to submit your work using Canvas platform that is provided by the school.
Please note that your work may be subject to penalties and/or cancellation if academic malpractice has taken place. The similarity report will be generated on Turnitin which will be visible on Canvas, can highlight where academic sources have not been referenced appropriately/effectively and this could result in a concern being highlighted around possible plagiarism (one form of academic malpractice where sources have been used without proper acknowledgement). Make sure you read over your work carefully and ensure that all sources of information have been acknowledged to avoid any untoward investigations that would result in a delay in your achievement of the module. Further information on academic malpractice (including plagiarism) and potential consequences are available in your student handbooks.
Although it is not inappropriate to generate ideas for assignments, presenting an assignment generated solely by Artificial Intelligence (AI) is similar to contract cheating because the work submitted will not be your original work and the academic malpractice policy will apply.
Make sure you read over your work carefully and ensure that all sources of information have been acknowledged to avoid any untoward investigations that would result in a delay in your achievement of the module. Further information on academic malpractice (including plagiarism and the use of AI) and potential consequences are available in your student handbooks and UoC guidance on AI.
As for Artificial Intelligence (AI), you must acknowledge using AI by naming the tool and how it was used within your references. You should use one of the following options:
- No content generated by AI technologies has been presented as my own
- I acknowledge the use of [insert AI system(s) and link] to generate materials for background research and self-study in the drafting of this assessment.
- I acknowledge the use of [insert AI system(s) and link] to generate materials that were included within my final assessment in modified form.
Please ensure that you include one of the statements above in the final version of your work that you submit.
We suggest that this statement is included within your References or Bibliography section towards the end of your work.
Referencing your use of Gen AI
You must describe how the information or material was generated (including the prompts you used), what the output was and how the output was changed by you. You should use the following format of wording, depending on the nature of use:
- The following prompts were input into [AI system]: [List prompt(s)]
- The output obtained was: [Paste the output generated by the AI system]
- The output was changed by me in the following ways: [explain the actions taken]
You also need to reference the use of AI in-text. Here is an example of how you should write this: (OpenAI 2022). Here is an example of how to include the use of AI within your references:
OpenAI. (2022). ChatGPT: Optimizing Language Models for Dialogue. Available at https://openai.com/blog/chatgpt/. (Accessed: 30 June 2023).
Link to Academic Malpractice Policy: https://lsme.ac.uk/wp-content/uploads/college-policies/LSME-Policy- Academic-Misconduct-Policy-and-Procedure.pdf
PRESENTATION
Prepare the slides using bullet points avoiding overcrowding the slides with text. This would help to keep the slides concise and easy to follow. Use in-text citations with a references slide at the end to make the presentation more reliable. Images, diagrams and/ or tables would make it more informative and attention- grabbing. Recommended font size 28, font type Arial, line spacing 1.5
SUBMISSION
When submitting your assignment, you must include:
- An Assignment Submission Sheet/ Assignment Front Cover
- Other documents required by your lecturer as evidence of
- All assignments should be submitted via the
Submission deadlines must be strictly observed. Therefore, disciplined time management is very important when producing this assignment. Failure to meet deadlines will be considered as a failure by non-submission. You will only have the opportunity for one resubmission of a different assignment. Refer to pages 22-24, Sections 3.4.8 to 3.4.11 of the General
Student Handbook for Undergraduate Programmes for more information on Assignment Deadlines and Late Submission of Assignments on the VLE.
EXTENUATING CIRCUMSTANCES
Students who experience unforeseen or exceptional circumstances that may impact their ability to submit their assignments on time are encouraged to apply for extenuating circumstances with appropriate documentary evidence in accordance with the colleges Extenuating Circumstances Policy. Refer to page 24, Section 3.4.12 of the General Student Handbook for Undergraduate Programmes for more information on Extenuating Circumstances on the VLE.
