FHBM1024

MICROECONOMICS & MACROECONOMICS

ASSIGNMENT QUESTIONS

Instruction

 Form a group of 6 - 8 persons (subject to change).

 Accomplish the assignment in accordance to the marking rubrics provided.
 Think of creative ways to get your assignment presented.
 This written assignment contributes 10.5 % of the total marks for the course.

Format of Assignment
The written assignment should be in the following format:
 Font Name: Times New Roman , Font Size: 12
 Spacing: 1.5
 Alignment: Justified
 Page number should be typed
 Maximum 10 pages (Cover page, content page, references and appendices, marking scheme
are NOT included in the page count)
 Include the content page.
 Include the standard cover page (download from WBLE).
 Make sure to list out all the group members’ name (according to alphabetical order) and ID
number correctly.
 Attach the marks allocation at the end of assignment.

Late Submission Penalty Clause

 The deadline for the submission of the group assignment is BY 8.4.2022 (Friday, Week
11).
 Late submission will be penalized. For each day of late submission, 5% will be deducted from
your total marks for each day it is late.
 Plagiarism, copying and cheating will NOT be awarded any mark, and disciplinary actions will
be taken instead.
Instruction: Answer ALL questions.

Choose a product/service* that can be categorized as belonging to monopolistic competition

market structure. Answer the following questions.

1.1 Choose a company that provide the product / service to discuss.

10 marks
1.2 Explain the chosen product/service.

2.1 Compare the price and other relevant information of the product / service with
its close substitutions within the same market (as much as possible). Present 10 marks
your findings in a table. Analyse the table.
2.2 State 3 reasons why the firm can sell at a higher price / same price / lower 10 marks
price compared to its competitors.

3.1 Explain by applying the characteristics to prove that the particular 30 marks
product/service falls under the monopolistic competition market structure.
(Note: Students are required to discuss the determinants with supporting
documents such as newspapers, journal, articles, etc.)

Total 60 Marks

* Get approval from your respective tutor.

 MARKS ALLOCATION OF BIG GROUP ASSIGNMENT

COMPONENTS MARKS DESERVED

ALLOCATION MARKS

Cover Page and Content Page 2

1.1 Introduction of the company 6

1.2 Introduction of the specific product/service 4

2.1 Comparison Table 10

2.2 The reasons to have different prices 10

3.1 Characteristic of Monopolistic Competition Firm 30

References, Appendices, & Marking Scheme 4

Assignment Format 4

 Font name: Times New Roman , Font size: 12

 Spacing: 1.5 , Alignment: Justified

 Page number

 Language and editing

TOTAL MARKS ** Expression is ** Expression is

faulty ** faulty **

Turnitins: %

Comments:
BIG GROUP ASSIGNMENT MARKING RUBRICS
 COMPONENTS Marking Rubrics Marks

Cover Page and

2
Content Page

1.1 Introduction of Organised summary of the company’s

5-6
the company background with apply in Malaysia market.

Organised summary of the company’s

2-4
background without apply in Malaysia market.

Discuss the company history but not the company

1
background.

1.2 Introduction of Discuss the product/service chosen with logical

3-4
the product/service flow of summary.

Discuss the product/service chosen with mass of

1-2
information without organise.

2.1 Comparison Provide a neat and clear comparisons table with at

Table least 5 different producers or brand with only
9-10
necessary information. Able to provide a clear
summary analysis of the table.

Provide a neat and clear comparisons table with

less than 5 different producers or brand with some
5-8
redundant information. Able to provide a
summary of the table.

Provide a comparisons table with less than 5

different producers or brand with some redundant 1-4
information. Do not summarised the table.

2.2 The reasons to Able to discuss 3 reasons why the firm is selling
have different prices at higher /same/ lower price based on Table 2.1 9-10
with clear explanation.

Able to discuss 3 reasons why the firm is selling

at higher/ same/ lower price with clear 5-8
explanation.

Discuss 3 reasons why the firm is selling at

higher/ same/ lower price without clear 1-4
explanation.

3.1 Characteristic of Clearly explain 5 characteristics with supporting

25-30
Monopolistic documents or data.
Competition Firm
Explain 5 characteristics with some have
15-24
5 characteristics with supporting documents and some not.
6 marks each
Explain 5 or lesser characteristics with no
supporting documents or wrong supporting 5-14
documents.

References,
Appendices, & 4
Marking Scheme

Assignment Format  Font name: Times New Roman , Font size: