- These are the criteria:
1) In this assignment, assuming you have been chosen by Economics Department to present a report in a junior Economist Forum for discussing the opinions on the issue of Globalisation, and whether or not the developed countries should support a policy of Globalization. This assignment aims to provide association between what you have learnt from economic models and concepts in class with real-life events happening around you.
2) Search through newspapers or magazine for ONE article that is relevant to the economic concepts discussed in class. The copy of chosen article has to be attached to your final report.
3) The articles should preferably be published in the last twelve months.
4) Summarize each article first. Analyse the article and identify linkage between the economic concepts you have learnt in class with the discussion in the article. Apply the economic models learnt to discuss the economic challenges faced by the economy concerned and to explain the rationale for the economic policy(ies) chosen by the government to overcome the challenges. You may use other news articles to support your discussion as well.
5) Where applicable, illustrate your discussion with diagrams and economic models to enhance your discussion.
6) More marks will be awarded for reports, which provide comprehensive, balanced and in depth analysis with adequate referencing to the economic concepts and models.
7) The newspaper article will serve as the main focus of your analysed report. However, your discussion is not restricted to just the content of the article chosen. You are free to discuss on other relevant information (from other sources) which relate to the main economic event you have chosen.
Assignment structure:
1) Introduction (5marks)
-What is Globalization?
-What does Globalization mean to developed countries?
2) Rationale for the economic policies (7marks)
-Identify the economic benefits of the economy
-What are the issues and concerns associated with Globalization? Do some countries benefit more than others? Why? (provide examples)
3) What are the impacts of globalisation? (7marks)
-What is the impact of globalization on human rights? (Discuss poverty, sweat shops, child labor etc.) Provide examples of companies that have violated human rights.
-How does globalization impact the environment? Environmental protection vs Economic growth
-How are cultures affected? Are cultures disappearing?
4) Conclusion: The influences of globalisation (7marks)
-Is globalization redefining the developed countries and the world beneficially? Give examples and reasoning.
5) Referencing and structure formatting (4marks)
2000 words
