MAE101 Economic Principles, T2, 2016
Individual Written Assignment
Due date Monday 12
th September 2016.
This assignment is worth 25% of your final mark for MAE101. There is a 2,000 word
limit. There are two parts, A and B, to this assignment. You need to answer both.
Part B contains an optional bonus mark question. You do not need to answer this
question to receive full marks in this assignment.
Please read the following instructions carefully:
An electronic copy must be submitted to the unit website by 11:45pm Monday 12th September
2016.1 Late submissions without an extension being granted will not be marked. These will
be held until final grading and may be taken into consideration in a pass/fail situation.
Extensions will generally not be granted unless there are exceptional circumstances.
Digital literacy is one of the Deakin’s Graduate Learning outcomes and among the Unit
Learning Outcomes of MAE101. It requires students to be capable of using modern
technologies to find, use, and disseminate information. To achieve this goal, it is required that
ALL contents of your assignment should be digitally produced, including explanations,
diagrams, etc.
To receive full marks you must show clear development and expression of economic ideas in
clear paragraphs in addition to the correct answers. You may use dot-points or outlines to
develop your thinking, but then re-write them into proper sentences and paragraphs. Please
use 12pt sized font. You must cite all ideas that are not your own. You should use the Harvard
(name-date) referencing style, to cite any source you use – perhaps to confirm your results
with the text. It means that, rather than placing a reference in a footnote, you should provide
reference of the work inside the text with the name of the author and the date of publication
of the work cited.
Example: Far from being the inventor of the idea of perfect competition, Adam
Smith was in fact among the last representative of economists who saw competition as a dynamic
process of rivalry (McNulty 1967).
This means you are citing a 1967 article authored by someone
called McNulty as the source of the idea in the sentence. You would then list that article in a
list of references at the end of your paper:


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