FHBM1024

MICROECONOMICS & MACROECONOMICS

Small-GROUP ASSIGNMENT QUESTIONS

Instruction

 Form a group of 1 - 3 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 4.5% of the total marks for the course.

Format of Assignment
The assignment report should be in the following format:

 Sumarised the report into an infographic.

 Attach at least THREE(3) web references and ONE(1) book reference.
 Standard cover page (download from WBLE).
 Include the marking guidelines.
 Make sure to list out all the group members’ name (according to alphabetical order) and ID number correctly.

Late Submission Penalty Clause

 The deadline for the submission of the group assignment is by 26 Nov 2021 (Week 7).
 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 only ONE (1) question.*

1. Compare and contrast perfect competition market structure and monopolistic market structure.

2. Compare and contrast monopolistic market structure and monopoly market structure.

3. Differentiate between perfect competition market structure and monopoly market structure.

4. Discuss the characteristics of oligopoly market structure with any of the suggested industry in Malaysia.
Suggested industries:
i. Telecommunication
ii. E-wallet
iii. Automobile
iv. Cinema

5. Elaborate the price discrimanation applied by the suggested firm/industries in Malaysia.

i. Tenaga National Bhd.
ii. Telecommunication
iii. E-hailing
iv. Cinema

6. Discuss the advantages and disadvantages of perfect competition market structure.

7. Discuss the advantages and disadvantages of the monopoly market structure.

* Get approval from your respective tutor.

 FHBM1024_202101
MARKING GUIDELINES_SMALL GROUP ASSIGNMENT

Allocated Marks Marks

Content 5

Presentation 5

Mechanics 5

Overall 5
Presentation

Creativity 10
(Pictures,Clip Art
and Artwork)

Total 30 ** Expression is
faulty **