Individual Assignment

Taylor’s University

Undergraduate Business Programmes

ECN 60104
Microeconomics

August Semester 2021

 TU DUAL AWARDS – AUGUST INTAKE 2021
MICROECONOMICS (ECN60104)

INDIVIDUAL ASSIGNMENT (100 MARKS – 35%)

The aim of this assignment component is for the students to examine their learning processes
and communication skills, as well as, be able to make connections between theory and
practice. This assignment is also designed to encourage them to become reflective
practitioners in their future fields.

ASSIGNMENT QUESTION (35%)

You will be required to do ONE (1) REFLECTIVE WRITING task based on

microeconomics application in the real world. The reflective writing is meant to be open-
ended and informal, yet creative.

The word count for the report must be approximately 1500 words (5 pages). Details of the
task and respective due date are given below.

Task

1. Reflect ANY FOUR (4) microeconomics concepts (main/sub concepts are accepted)
of your own choice based on ONE of these topics:

i) The Economic Problem, Nature and Method

ii) Demand, Supply, and the Market Environment
iii) Elasticity of Demand and Supply
iv) Government Intervention in the Market
v) Technology, Production and Costs
vi) Perfect Competition

2. Discuss on how these four concepts affect the behavior/activities of individuals,

families, firms, and governments (you can choose only one group or a combination of
two/more groups). 

3. Your discussion of each concept MUST be supported with appropriate real-world

examples (you may use as many examples as possible; however, your reflective
writing must be of a good standard/quality). All citations and references may be
included as and when necessary. However, ONLY NON-ECONOMICS
REFERENCES ARE ALLOWED FOR THIS ASIGNMENT.

Due date: Monday (01/11/2021), Week 11, by 2.00 pm.

Note: The assignment must be submitted in softcopies (via “TURN-IT-IN” on TIMeS).

GENERAL ASSIGNMENT GUIDELINES

Late submission of work

All coursework MUST be submitted by the specified deadline, except for extenuating
circumstances.

Referencing (if applicable)

For academic purposes, ALL secondary research material must be carefully referenced using
the Harvard Referencing Method.

Word count

Your word count is permitted to be less or more by 10%.

Presenting coursework for assessment

Assignments must be presented in the following format:

- Assignments must be word-processed in 12-point font size Times New Roman and
double-spaced.

- All pages must be numbered.

- Kindly ensure the soft copy and hard copy of the completed assignment submitted to your
lecturer contains:

• Assignment Cover Sheet

• Assignment Feedback Form
• Completed task
• References (if applicable)

- Margins must be as follows: Top and Bottom 2.5 cm, Left and Right: 3.2 cm.

- Graphs and other diagrams must be generated in MS Word/PowerPoint.

- Assignments not complying with this format will be returned to students unmarked. If in
any doubt you should discuss this with the tutor before submission.