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au/commerce
Subject Information
Autumn, 2010
Wollongong On Campus Lecture Information: Thursdays, 13:30 - 15:30, 40.153 HOPE Theatre Pre-requisites: N/A Co-requisites: N/A Online Subject Material: To access material online, go to the subject eLearning site accessible via SOLS
Teaching Staff
Teaching Role Coordinator and Lecturer Head Tutor Tutor - Batemans Bay Tutor - Bega Room Consultation Times frank_neri@uow.edu.au 40.202 Wednesdays 9:3013:30 TBA TBA TBA paul_bradstreet@uow.edu.au n/a TBA keith_hughes@uow.edu.au n/a TBA TBA TBA TBA
Mr. Viet Le Mr. Paul Bradstreet Mr. Keith Hughes Tutor - Loftus Mr. Tom Longworth Tutor - Moss Vale Dr. James Warner Tutor - Shoalhaven TBA
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Copyright
Commonwealth of Australia Copyright Regulations 1969 2008 University of Wollongong The original material prepared for this guide is covered by copyright. Apart from fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission.
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Table of Contents
Section A: General Information Learning Outcomes and Graduate Qualities Student Learning Outcomes Subject Description Commerce Purpose and Graduate Qualities Readings, References and Materials Major Text(s) Key References Recommended Background and Further Reading Lectures, Tutorials and Attendance Requirements Lecture Times Lecture Program Tutorial/Seminar/Workshop Times Tutorial/Seminar/Workshop Program Additional Tutorial/Seminar/Workshop Comments Attendance Requirements Participation/Contribution to Tutorials/Seminars/Workshops Recent Improvements to Subject Section B: Assessment Assessment Summary Performance Level Types of Assessment Collaboration Submission, Retention and Collection of Written Assessment Submitting Assessment Tasks Faxing, Posting and Emailing Assessment Work Late Submission of Assessment Tasks Collection Retention Scaling Plagiarism Faculty of Commerce Plagiarism Prevention Policy Referencing Why do you need to reference? The Harvard System of Referencing Citation of Internet Sources Section C: University Policies, Procedures and Student Services University Policies Support Services and Facilities Learning Resource Centre Faculty Librarians Centre for Educational Development and Interactive Resources (CEDIR) Disability Liaison Officer Student Support Adviser (SSA) Woolyungah Indigenous Centre Student Representatives 4 4 4 4 4 5 5 5 5 5 5 6 6 7 8 8 8 8 9 9 12 13 13 13 13 13 14 14 14 14 14 14 14 15 15 16 16 17 17 17 17 17 17 18 18
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have gained appropriate conceptual and applied knowledge that is research-based have developed skills for independent thinking and life-long Yes learning acknowledge the work and ideas of others Yes Innovative and be innovative in their thinking and work practices Yes Flexible be flexible in their approach Yes be able to apply creativity and logical analysis to solving business Yes and social issues Socially Responsible appreciate the social and ethical dimensions of business be able to make informed choices for the benefit of society Yes Connected be able to work and network effectively with others Yes appreciate the links between ideas and practice in domestic and Yes international business, the public sector and community contexts Communicators demonstrate an effective level of interpersonal, written, and Yes verbal communication skills show an understanding of intercultural communication practices These qualities have also been formulated to contribute to the UOW Graduate Qualities. Please note: this subject will not attempt to teach, practice or assess all of the Commerce graduate qualities. You can see how the Commerce and UOW Graduate Qualities are linked at http://www.uow.edu.au/commerce/current/UOW044279.html
Informed
Textbook details are available online from the University Bookshop at http://unicentre.uow.edu.au/unishop/UOW031119.htm
Many second hand copies of earlier editions of McTaggert et. al. will likely be available for purchase fromotherstudents. Whilst much of the material in this new 6th edition is similar to that inearlier editions, new material has been added. Also, the chapter configuration in this new edition is quite different to thatin earlier editions. Hence i recommend, if possible, that you purchase the new edition. Having said that, if you can only afford an earlierused editionof the textbook, copies of the 6th edition will be available forshort loan from the library. Textbook details are available online from the University Bookshop at http://unicentre.uow.edu.au/unishop/UOW031119.htm Key References Recommended Background and Further Reading These textbooks could be used as complements to the major textbook. 1. Crompton, P. et. al. (2002). Macroeconomics: A Contemporary Introduction, Thompson Learning. 2. Jackson, J. et. al. (1998). Macroeconomics, 5th Edition, McGraw-Hill. 3. Stonecash, R., J. Gans, S. King and N. Gregory Mankiw, (2000). Principles of Macroeconomics, Harcourt. 4. Taylor, J. and I. Moosa. (2000). Macroeconomics, Wiley. This is not an exhaustive list of references. Students should also use the library catalogue and databases to locate additional resources.
Lecture Program Week Date 1 04 Mar 2010 Topics Covered Emergency Evacuation Procedures. What is Economics? The Economic Problem. Demand and Supply. Measuring GDP and economic growth. Readings MFP Chapters 1,2 and 3
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22 Mar 2010
Tutorial 3: Measuring GDP and economic growth Monitoring jobs and inflation Tutorial 4: Economic Growth Finance, savings and investment Mid-Session Recess Tutorial 5: Assessment item 3.See Section B: Assessment for details Tutorial 6: Mid session examination review Tutorial 7: Money, the price level, and inflation Tutorial 8: The exchange rate and the balance of payments Tutorial 9: Aggregate Supplyand Aggregate Demand Tutorial 10: Expenditure multipliers: the Keynesian model
29 Mar 2010
N/A
7 8
03 May 2010
10
10 May 2010
11
17 May 2010
MFP Chapter 25
Tutorial 12: Australian macroeconomic fluctuations Fiscal policy 13 31 May 2010 Tutorial 12: Fiscal policy and monetary policy 07 Jun 2010 Study Recess 14 Jun 2010 Examinations 21 Jun 2010 Examinations The above program may be subject to change.
12
24 May 2010
MFP Chapter 26
Additional Tutorial/Seminar/Workshop Comments Please note: tutorials begin in week 2 of session (no tutorials week 1). Atthe Wollongong campus, multiple tutorials will be held each week. If you have not already done so you should enrol in one tutorial per week via the tutorial preference system, available from the Faculty of Commerce homepage. Information on available tutorial times at Wollongong campus can also be found at http://www.uow.edu.au/student/timetables/index.html For students enrolled at other campuses/centres, see campus/centre co-ordinators for details of tutorial days and times.
Attendance Requirements
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Students are expected to attend all lectures, tutorials, workshops and seminars. Where attendance requirements are set for a subject, attendance records will be kept. Participation/Contribution to Tutorials/Seminars/Workshops Students may fail the subject unless they attend 80% of lectures, tutorials, workshops and seminars in the subject. This requirement may be waived subject to satisfying the conditions of the Student Academic Consideration Policy. (See Section C).
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Section B: Assessment
Assessment Summary
Title Assessment 1 Assessment 2 Assessment 3 Assessment 4 Type In Session Tests: Short answer test In Session Tests: Multiple choice Tutorial Tasks: short essay Final Exam: Multiple choice Weight 15% 30% 15% 40%
Each completed test will contribute a maximum of 3% to your final mark in this subject. What if you are unable to complete a random in-class test through illness/unavoidable circumstances? 1. Get a medical certificate from your doctor, or other relevant documentation. 2. Apply for academic consideration at Student Central, within 3 working daysof the date of the in-class test you missed. 3. If I approve your application, I willdecrease the weight of this assessment component, and increase the weight of your final examination, by 3% points.I will do this for amaximum of TWO tests.
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Marking Criteria Length Weight Assessment Due Type of Collaboration Style and format Assessment submission Assessment return
Detailed information
Selection of correct option in multiple choice questions 80minutes 30% To Be Announced Individual Assessment 60multiple choice questions only At the completion of the examination. Mid and final examinations are not returned to students. Questions in the mid session exam shall be reviewed intutorial 6. If students require additional clarification after this tutorial, they shouldcontact thesubject coordinatorduring thelisted consultation times. Foran alternate consultation time, students shouldcontactMs Carol Borgatti on (02) 214156 to make an appointment. For students enrolled at the Wollongong campus, this examination will be held during the usual lecture day and time and in the usual lecture room onThursday 15th April 2010. The examination questions shall bebased on information, questions and readings from the subjecttextbookchapters 1, 2, 3, 18, 19,20 and 21. Material and readings discussedin tutorials 1, 2, 3 and 4 are also examinable.
What if you are unable to complete the mid session exam due to illness/unavoidable circumstances? 1. Get a medical certificate from your doctor, or other relevant documentation. 2. Apply for academic consideration at Student Central within 3 working days of the mid session exam. 3. If I approve your application, I will allow you to sit a supplementary mid session exam. Details of the supplementary exam will be made available at a later date.
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Assessment Due Type of Collaboration Style and format Assessment submission Assessment return Detailed information
To Be Announced Individual Assessment 90multiple choice questions At the completion of the examination. Not applicable. Further details concerning the structure of the final examination shall be provided during lecture 13 and shall thereafter be posted on the subject eLearning site.
Performance Level
Students are expected to complete all assessment tasks for this subject. The minimum performance requirements for this subject are as follows: to pass this subject, you must achieve a final mark of at least 45% (for a grade of PC). However, to be eligible to pass this subject, you must achieve at least 45% on the final examination, other marks notwithstanding. So, for example, if youscore100% for the random in classtests, and 50% for the mid session exam,but you scoreonly 30% on the final exam, you will fail this subject, even though the sum of all your marks is48.5%. Please ensure you fully understand what thisperformance requirement means. If you are uncertain, see the subject co-ordinator asap. Where a student gains a mark of 45 or greater and does not meet a specified level in the assessment task required to pass this subject a Technical Fail grade be used. Where Technical Fail is given the following applies: a.failure of the subject b.TF (Technical Fail) without a mark will be granted; c.A TF will be presented on the students Academic Transcript; and d.The allocated mark of 44 will be used as the WAM calculation for subjects at all levels. In line with University grading regulations, the grades of performance in this subject are as follows: Grades of performance for 100, 200, 300 and 400 level subjects The approved grades of performance and associated ranges of marks for 100, 200, 300 and 400 level subjects are as follows: Satisfactory completion: High Distinction ............... 85% to 100% Distinction .................... 75% to 84% Credit ........................ 65% to 74% Pass ......................... 50% to 64% Pass Restricted (for 100 & ..... 45% to 49% 200 Level subjects only) or Pass Conceded Students should note that a Pass Conceded, Pass Terminating or Pass Restricted grade at 300-level in any required subject for the selected major area does not satisfy degree requirements. Subjects satisfactorily completed at a Pass Conceded or Pass Restricted grade may comprise no more than one sixth of the minimum credit point value of a course. Unsatisfactory completion: Fail ........................... 0% to 44%
discussion pertaining to relevant concepts or potential issues to be dealt with in completing the assessment. However, collaboration must not proceed to the point where it contributes directly to the final submission produced by the student. Joint planning of the actual contents of a students submission is not permitted. Where the assessment requires formulation of a set of recommendations, a problem solution, or a specific course of action, collaboration is not permitted during their formulation. Needless to say, collaboration is not permitted during the actual preparation and writing of the student submission. Type 4 Open Assessment: Collaboration with other students is permitted, subject to the normal rules governing plagiarism. That is, direct use of ideas contributed by others must be acknowledged.
Students may not e-mail, post or fax assessment tasks unless specifically requested by or with the prior approval of the subject coordinator. Late Submission of Assessment Tasks Assessed work handed in late will be penalised by the deduction of 20 percent of the maximum possible mark for that assessment per working day or part thereof. The operation of this rule will not result in a negative mark being carried forward. This penalty for late submission may be waived upon presentation of a medical certificate of illness for a relevant period, or upon evidence of untoward or approved circumstances that fall under the Student Academic Consideration Policy (See Section C). Collection Assessment items will normally be returned to students within three (3) weeks of the due date. Assessment tasks which are relevant to the final examination for the subject will be marked and available for collection prior to the study week before the final examination. Retention The Faculty of Commerce will retain appropriate records in line with the State Records Act 1998 (NSW), other relevant legislation, standards and University of Wollongong policies.
Scaling
Marks awarded for any assessment task or part of any assessment task, including an examination may be subject to scaling at the end of the session. Marks will be scaled only when unpredicted circumstances occur
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and in order to ensure fairness of marking across groups of students. The method of scaling will depend on the type of scaling required by the circumstances. When scaling is deemed necessary, it will follow a detailed consideration by the Unit Assessment Committee and/or the Faculty Assessment Committee of the marks of the group of students concerned. Scaling will not affect any individual students rank order within their cohort. For more information please refer to Assessment Guidelines Scaling http://www.uow.edu.au/about/policy/UOW058609.html for details
Plagiarism
Students are responsible for submitting original work for assessment, without plagiarising or cheating, abiding by the Universitys policy on plagiarism as set out in the University Handbook under Universities Policy Directory and in Faculty Handbooks and subject guides. Plagiarism has led to the expulsion from the University. Students should visit the following University website and become familiar with the Universitys policy on Plagiarism http://www.uow.edu.au/about/policy/UOW058648.html Faculty of Commerce Plagiarism Prevention Policy Why do you need to reference? The Faculty of Commerce has introduced an e-learning module, Commerce Academic Integrity Online (CAIO) which aims to orientate you with the knowledge and resources to; avoid problems related to plagiarism develop your capacity to integrate evidence into your arguments reference correctly.
The online module is openly available for use by students at any stage in their degree. You are strongly encouraged to use the module to help in assessing the academic integrity of your written work. The module can be accessed via http://commfac.uow.edu.au/celm
Referencing
Why do you need to reference? At University it is necessary to acknowledge the sources of information and ideas that you have incorporated in your assessment tasks. Failure to do this thoroughly may result in accusations of plagiarism: this is the academic equivalent of stealing (because by not acknowledging someone else's work, you are presenting it as your own). Plagiarism is taken very seriously by the University and may result in expulsion from the University. Referencing is not only about acknowledging other people's work: accurate referencing and lists of references are beneficial when researching a topic as they allow the reader to follow up information and read further into the area. In a sense, references provide readers with clues to help them explore different avenues of a topic. This aspect of referencing will become more valuable to you as you progress in your studies. There is a correct procedure that must be followed when referencing and using footnotes. Not complying with these set techniques and format will most likely result in loss of marks. When writing an essay it is easiest to reference as you go, making sure you are writing down all relevant information. This will save hours trying to find the source again in the library. The Harvard System of Referencing The Faculty of Commerce uses the Harvard system of referencing. This system makes use of short references within the body of the text. It is supplemented by a detailed list of references at the end of the text, which provides all the information necessary to find the source material. In-text references include the author and year of publication, and where necessary the page number(s). It is the responsibility of students to ensure that they are familiar with the Harvard system of referencing and
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that they use it accurately in all written work submitted. Students should consult the following University Library website for a detailed explanation and examples of the Harvard system of referencing http://www.library.uow.edu.au/resourcesbytopic/UOW026621.html Citation of Internet Sources It is necessary for students to reference all sources used in their written work, including file transfer protocol sites, worldwide web sites, telnet sites, synchronous communications (MOOs, MUDs, IRC, etc.) GOPHER sites, and email, Listserv and Newsgroup citations. It is the responsibility of students to ensure that they are familiar with the accepted Faculty of Commerce practice for referencing electronic material and that they use it accurately in all written work submitted. Students should consult the following University Library website for a detailed explanation and examples of how to reference electronic material http://www.library.uow.edu.au/resourcesbytopic/UOW026629.html
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The Disability Liaison Officer (DLO) can provide advice on how particular disabilities affect university study and information on resources available at the University for assisting students with disabilities. Students commencing courses are advised to contact the Disability Liaison Officer prior to the beginning of their first session of study. For further information on services offered, consult the Disability Services website or contact the office. Website: http://www.uow.edu.au/student/services/ds/ Telephone: 02 4221 4942 Fax: 02 4221 5667 Student Support Adviser (SSA) This Officer can provide assistance and support to students with disabilities and international student advice within their Faculty. They can act as an intermediary between the student and the Facultys academic and general staff and work closely with the Faculty Disability Advisers and Student Services. The Faculty of Commerce SSA's are Ms Ann-Maree Smith and Ms Michelle Collis and can be contacted as follows: SSA: Ann-Maree Smith Email: ams@uow.edu.au Telephone: 02 4221 4714 Location: 40.133 Woolyungah Indigenous Centre Woolyungah Indigenous Centre (WIC) provides academic and personal support for Aboriginal & Torres Strait
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SSA: Michelle Collis Email: mcollis@uow.edu.au Telephone: 02 4221 5297 Location: 40.247 and 41.168A
Islander and other indigenous students. The Centre also runs an Indigenous Specific Orientation Program for students who gain entry to the University through the alternative admissions program. For further information on services offered, consult the Woolyungah Indigenous Centre website or contact the office. Website: http://www.uow.edu.au/wic/index.html Telephone: 02 4221 5894 Location: Building 30 Student Representatives The student representatives are elected in April of every year by Commerce students to represent them to the faculty on a wide range of issues. The Student Representatives can raise issues or concerns held by students directly with the Faculty of Commerce. For further information about the Student Representatives and contact details, consult the Student Representatives website. Website: http://www.uow.edu.au/commerce/current/UOW021710.html
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