Mathematics for Economics 4EC505 Coursework | My Assignment Tutor

Introductory Mathematics for Economics 4EC505 Coursework 2 Aim: The overall aim of this piece of coursework is to highlight your ability to understand quantitative methods and apply these to economic issues. This addresses learning outcome 2 of this module. Assessment Requirements:  Your group (2-3 students) must write a report based on the questions outlined below.  You can choose your own group (consisting of 2-3 students). All group details should be emailed to you tutor no later than Friday 7 th November. After this time, the tutor will assign you to a group.  Each group are required to answer the assignment questions as outlined below in relation to 2 companies from either the (i) textiles, (ii) mobile phone or (iii) food & beverages industries.  Each group are required to source Bloomberg data for 2 companies in your chosen sector. The data should include the period 2005 to 2016. If in some instances the time period is shorter (due to missing data) please specify this in your report. All data and manipulation of this data should be presented in the appendix of your report. All appendices are to be labelled and referenced within the main body of the report.  Note: (i) Both companies should be in the same sector (ii) No 2 groups are permitted to choose the same companies. Once, as a group, you’ve decided on your companies, please email the module tutor your chosen companies. Assignment Questions: 1. Provide a brief background to your specified sector (e.g. market conditions) 2. (i) Examine the cost structures of your chosen companies. This should include, total costs, average costs and marginal cost. (ii) Examine revenue trends of your chosen companies. This should include, total revenue, average revenue, and marginal revenue. (iii) Using marginal analysis to provide a rationale for the level of output the firm should produce to maximise its profits. For parts (i), (ii) and (iii) above, output of the firm is needed. It is most unusual that this is provided for your chosen companies via Bloomberg. It is, therefore, suggested that you start Introductory Mathematics for Economics 4EC505 with 10,000,000 units of output (or whatever you deem appropriate for your companies) and induce a 5% increase in output each year from 2005 to 2016. On occasion some company data will provide you with the number of units sold in Bloomberg. To find this, you can go to “Financial Analysis” and “Segements” within the company analysis section on Bloomberg. 3. (i) Examine the quarterly share price for your chosen companies during 2005-2016. (ii) Show the rate of growth of these prices from the first quarter of 2005 up to quarter 2 of 2016. You should present this information on a line graph and provide a brief critical commentary on these. (iii) Assume an investor gave you £1million to invest in quarter 1 of 2006. (a) How many shares of each company could you have bought in Q1 2006; (b) What profit/loss would you have made by quarter 4 2016; and (c) Which company would advise the investor to put their money? Provide a brief rationale. 4. Based on the results presented in each of the above sections, (i) What are the key conclusions of this analysis; and (ii) What is the potential future outlook for the 2 chosen companies? Additional Notes: 1. This assignment should be written in report format. 2. The results of data calculations should be presented in the appendix of your assignment. 3. Each part of the analysis must be explained. You must provide a discussion of what your results mean in relation to the report aim for each element of your analysis. 4. This assignment is worth 50% of your module mark. 5. Word count is 1,000 words (excluding tables, appendices, and the individual reflection piece). You must provide a word count on the front page of the report. 6. The deadline date for submission is Thursday 11 th January, 3pm. 7. Late submission will not be accepted unless the group has discussed a specific problem with the module leader in advance of the deadline date and has a pre- arranged EEC. Illness of one member of the group in the last few days before submission is not an acceptable excuse. You have many weeks and several members to complete this report. Introductory Mathematics for Economics 4EC505 8. If you have group problems, arrange a meeting with your module leader. 9. Only submit one report per group but be sure to submit the names and I.D. numbers of each group member on the cover page of the report. 10. Reports should be submitted via the portal that will be available on the Assessments folder of the module on UDo. 11. All data and manipulation of this data should be presented in the appendix of your report. All appendices are to be labelled and referenced within the main body of the report. 12. Any evidence that students have colluded, copied work, or used the work of another source without reference will be investigated and may result in failure. 13. Time will be dedicated during seminars (as well as office hours and clinics) to provide verbal feedback to groups on work as it is being completed. 14. The report should be set out as follows: a) Write your results as a typed report with an appropriate title page, section headings, numbered and labelled figures and tables, and appendices. b) You must provide evidence showing how you did the analysis and how your results were calculated. Normally this means providing a print out of each excel sheet showing each part of analysis. These print-outs or calculations should be put in the appendix. The results should appear in the report. When you present results, clearly direct the reader to the appendix for the evidence and calculations. c) Any tables, charts or graphs that you produce must be provided within the text of your report and be clearly numbered and labelled. d) You must provide an introduction to your report. Your introduction must state your overall aims. e) You must provide a conclusion. Your conclusion should summarise what you have found from your analysis. Do not provide all the data again. Summarise your findings. f) References to sources must be provided using the Harvard method in the text of the report and all sources should be fully identified in a references section at the end of the report. g) You also need to attach Group Agreement Sheet and Group Log Sheet to the appendix section of your assessment. h) The mark assigned to the report is a group mark. The same mark is awarded to each member of the group. i) If there are issues within the group then you should notify the module leader immediately. If it is found that a member of the group is not fully engaged with the Introductory Mathematics for Economics 4EC505 assignment then this should be reflected in the group logs and the group agreement sheet. The module leader will then speak with that member and the group to agree an appropriate way forward. Feedback: You will receive feedback during the semester as you complete the various stages of the report. This can be in oral and/or written format, depending on how students submit the work to the tutor. All final reports will receive written feedback via Turnitin, which will also include a marking rubric. This feedback will be returned within 3 working weeks of the date of submission. The criteria for marking: The following table shows the criteria and weighting used to award the final grade for your report.The final grade is the grade for each group member, unless it is shown that the work was not completed equally (evidence will be taken from the log sheets). In such cases the module leader will speak with group members individually and a course of action will be decided from there. Criteria % of total grade Appropriate introduction 5 Appropriate conclusion & outlook 15 Correct data used and Appendix 15 Correct Calculations 20 Analysis and discussion of results 35 Following general requirements & quality of report style (including referencing) 10 Mark Descriptors Mark Descriptors Class 70-100% Excellent Outstanding; high to very high standard; a high level of critical analysis and evaluation, incisive original thinking; commendable originality; exceptionally well researched; high quality presentation; exceptional clarity of ideas; excellent coherence and logic. Trivial or very minor errors. First 60-69% Very good A very good standard; a very good level of critical analysis and evaluation; significant originality; well researched; a very good standard of presentation; pleasing clarity of ideas; thoughtful and effective presentation; very good sense of coherence and logic; minor errors only. Seco nd  Di v 1 50-59% Good A good standard; a fairly good level of critical analysis and evaluation; some evidence of original thinking or originality; quite well researched; a good standard of presentation; ideas generally clear and coherent, some evidence of misunderstandings; some deficiencies in presentation.  Seco nd  Di v 2 40-49% Satisfactory A sound standard of work; a fair level of critical analysis and evaluation; little evidence of original thinking or originality; adequately researched; a sound standard of presentation; ideas fairly clear and coherent, some significant misunderstandings and errors; some weakness in style or presentation but satisfactory overall.  Third 35-39% Unsatisfactory Overall marginally unsatisfactory; some sound aspects but some of the following weaknesses are evident; inadequate critical analysis and evaluation; little evidence of originality; not well researched; standard of presentation unacceptable; ideas unclear and incoherent; some significant errors and misunderstandings. Marginal fail. Margi nal Fai l 1-34% Very poor Well below the pass standard; a poor critical analysis and evaluation; no evidence of originality; poorly researched; standard of presentation totally unacceptable; ideas confused and incoherent, some serious misunderstandings and errors. A clear fail well short of the pass standard. At the bottom of the range the work demonstrates nothing of merit. Fail NS Non-submission No work has been submitted. Z Academic offence notation Applies to proven instances of academic offence. Introductory Mathematics for Economics 4EC505 Introductory Mathematics for Economics 4EC505 Very Poor 0-34% Unsatisfactory 35-39% Satisfactory 40-49% Good 50-59% Very Good 60-69% Excellent 70-79% Outstanding 80-100% Introduction 5% Well below the pass standard. Does not introduce the aim of the report nor what will be covered. Marginally satisfactory. Some elements of the aim & content introduced. Generally unclear. A sound introduction. Aim of the report introduced with content outlined. Relatively clear. A good introduction. Aim of the report introduced with content outlined. All is very clear with a clear guide as to how the report will proceed. A very good introduction. Very good level of understanding shown via the aim and content that will be covered in the report. Very clear guide as to how the report will proceed. Excellent introduction. Innovative, informative and clear. Aim and content is easy to follow. Excellent guide as to how the report will proceed. Outstanding introduction. Very innovative, informative and clear. Aim and content specified in a clear way. Outstanding guide as to how the report will proceed. Data Collection & Appendix 15% Data collected is incorrect. Very poor appendix. No labels. It is not clear what this data relates to. The majority of data collected is incorrect. Poor appendix. Some labels to identify which data this is. Some data collected is incorrect. Reasonable appendix. Some labels which relate to material in the report. Most of the data collected is correct. However, there are some errors. Good appendix. Clear structure in the appendix and it relates to material in the text. Some data collected is incorrect, with some minor errors. Very good appendix. Clear structure and relates directly to material in the text. All data collected is correct, minimal errors. Excellent appendix. Overall structure is well laid out and has a clear connection to material in the text. All data collected is correct, with no errors. Outstanding appendix.It is well labelled; excellent structure. Clearly connected to material in the text. Calculations 20% All calculations are incorrect. Most calculations are incorrect Most calculations are correct, with a number of errors. Most calculations are mostly all correct, with a few errors. All calcuations are mostly all correct with a few minor errors. Calculations are all correct with very minor errors. Calculations are all correct. No errors are made. Overall Structure 10% Very poor structure presented. This is not of a pass standard. Poor presentation throughout with many spelling and grammatical errors. Lack of correct referencing. This is a marginally satisfactory structure. Weak presentation with a few spelling and grammar errors. Not all material is cited or referenced correctly. A reasonable structure with fairly good level of presentation. Some spelling and grammar errors. Some referencing errors. A good structure with a good level of presentation throughout. There are some spelling and/or grammar errors. Referencing is good throughout. A very good structure with a very good level of presentation throughout. Few spelling and/or grammar errors. Referencing is very good throughout. Excellent structure with coherent presentation throughout. No (limited) spelling and/or grammar errors. Excellent referencing & citations throughout Outstanding structure with an excellent presentation. No spelling and/or grammar errors. No errors in referencing or citations. Overall outstanding structure. Cost, revenue & marginal analysis 20% Well below pass standard. Limited data presented with unsatisfactory commentary. Marignally satisfactory data presented. Limited analysis of this data. Much too descriptive. Reasonable data presented with some critical analysis presented. Good data presented. Analysis of data is critical in most places. Very good data presented with a very good level of understanding of this data, which is critically reviewed Excellent data presented with an excellent level of understanding of this data, which incorporates a high level of critical thinking. Excellent data presented with an outstanding level of understanding of this data, which incorporates an exceptionally high level of critical thinking. Share price & growth rate 15% Well below pass standard. Limited data presented with unsatisfactory commentary. Maringally satisfactory data presented. Limited analysis of this data. Much too descriptive. Reasonable data presented with some critical analysis presented. Good data presented. Analysis of data is critical in most places. Very good data presented with a very good level of understanding of this data, which is critically reviewed Excellent data presented with an excellent level of understanding of this data, which incorporates a high level of critical thinking. Excellent data presented with an outstanding level of undersrsanding of this data, which incorporates an exceptionally high level of critical thinking. Well below the pass standard. Does not conclude the report nor does it highlight Marginally satisfactory. Some conclusions reached. Limited A sound conclusion. Some conclusions reached with some A good conclusion. Clear conclusions reached with some interesting key results A very good conclusion. Very good level of understanding shown via the conclusions reached. Excellent conclusion. Innovative, informative and clear. Key conclusions reached. Outstanding conclusion. Very innovative, informative and clear. Key conclusions Introductory Mathematics for Economics 4EC505 Conclusion & Future Outlook 15% the key results of this report. Very weak outlook section. No connection to the previous sections. key results highlighted. Generally unclear. Weak outlook section. Weak connection to the previous sections. key results highlighted. Satisfactory outlook section with reasonable level of connections to the previous sections. highlighted. Good outlook section which shows a good level of connection to the previous sections. Very clear in terms of the key results presented. Very good outlook section which draws on the results of the previous sections. Very good connection and flow between these sections. Excellent guide to the main results of the report. Excellent outlook section which draws on the results of the previous sections. Excellent connection and flow between these sections. reached. Outstanding guide to the main results of the report. Outstanding outlook section which draws on the results of the previous sections. Outstanding connection and flow between these sections. Group Logs/Agreement Some of the group logs and/or Agreement sheet is included Group Logs and Group Agreement Sheet are all included Note: If any section is missing from the report then no mark will be assigned for that

QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER

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