Explain how UAE economy has evolved from a traditional economy (during 1960s) to the current modern levels in terms of GDP and growth.
Approved by Dr Kiran Nair, Program Director- MBA, 21.11. 2021
Master of Business Administration
COURSE INFORMATION
Course Name: Managerial Economics
Code: ECN6310 C Credits: 2
Cohort: Fall 2020 Semester: Fall 2021
ASSESSMENT INFORMATION
Assessment No: 3 Assessment Type: Research
Report
Assessment Date: 22th December 2021 Assessment Submission:
22nd
December
2021
Assessment Weight: 40%
FACULTY INFORMATION
Course
Instructor Dr. Mahima Mishra Email: m.mishra@adsm.ac.ae
Office Location: MS Teams Office hours: As published on LMS
Program Director Dr Kiran Nair Email: k.nair@adsm.ac.ae
Office Location: Villa 5 Office hours: As published on LMS
1. Introduction
Welcome to the Managerial Economics Course in the Master of Science in Business
Administration Program. This course develops students understanding of customer needs in the
market environment, exploring market opportunities, and creating, capturing, and delivering
value within the firm’s and market’s economic structure.
This assessment 3 consists of questions that assess your knowledge and skills on analysing and
evaluating the key opportunities and challenges faced by the economy, and how these
challenges impact market forces and thereby, firms’ revenues. This assessment is an individual
report that you will be attempting out-of-class on the above-mentioned date as a summative
assessment. All students must submit the assessment through the LMS submission.
2. Course Learning Outcomes
# CLOs PLO1 PLO2 PLO3 PLO4 PLO5 PLO6 QFE CLS
CLO3 Critically apply advanced skills
required in research, analysis,
evaluation of complex ideas,
information, concepts and/or
activities related to Managerial
Economics
X
(KN1,
SK3, AR3,
RC1)
CLS 1,CLS
2,CLS 5
CLO4 Synthesize advanced problemsolving skills to analyze highly
complex issues with incomplete
data and develop innovative
solutions and proposals relevant
to Managerial Economics
X X
(KN2,
SK4, AR2,
RC2, SD3)
3. Assessment
Assessment Requirement:
Students are required to submit a detailed research report based on the following questions.
Q1. Explain how UAE economy has evolved from a traditional economy (during 1960s) to
the current modern levels in terms of GDP and growth.
(CLO4– 10 Marks)
Q2. As discussed in the class, analyse the impact of government policies towards the
growth of the UAE economy. (CLO3 – 15Marks)
Q3. Construct and justify reasons to go ahead with the PEG EXCHANGE rate of UAE
currency with Dollar? Also analyse the benefits of Fixed Exchange rates for UAE
economy. (CLO4 – 15 Marks)
Descriptor Weight RR1 RR2 RR3 RR4 RR5
RR-D1 Introduction, Purpose 15% 2 1 3 6
RR-D2 Literature Review 20% 8 8
RR-D3 Analysis 30% 1 2 1 2
RR-D4 Conclusions and Recommendations 25% 1 0 1 0
RR-D5 Logic, Organization, and Writing 10% 2 2 4
Assessment Marks 100% 1 0 1 5 1 5 0 0 4 0
Requirement
Marks
Requirements
INDIVIDUAL OUT OF CLASS RESEARCH REPORT RUBRIC
Terms of Reference.
As a GUIDE ONLY, this section outlines some of the aspects you may consider significant given the
brief shown above. Your report should include:
Total Word Count – 2000 Words.
Submission Date: 15th December 2021 , Turnitin through LMS
Approved by Dr Kiran Nair, Program Director- MBA, 21.11. 2021
Assessment Rubric:
INDIVIDUAL OUT OF CLASS REPORT RUBRIC
Descriptor 100-88 (A,A-) 87-80 (B+,B) 79-74(B-,C+) 73-70 (C,C-) 69-41 (F) 40-0 (F)
Introduction, Purpose
Weight – 15%
The report clearly and effectively
articulates the introduction and
purpose and effectively addresses
the task in a direct and succinct
manner.
The report satisfactorily expresses
the introduction and, purpose and
addresses the task in a direct
manner.
The report partially expresses
the introduction and purpose
and/partially addresses the task.
The report vaguely
expresses the introduction
and purpose and is an
erratic response to the task
and confusing.
The report poorly
expresses the
introduction and
purpose and is an
inappropriate response
to the task.
The report does not express the
introduction and purpose and is
an inappropriate response to the
task.
Literature Review
Weight – 20%
An effective literature review
with good synthesis of ideas and
references are cited correctly.
A satisfactory literature review
with some synthesis
of ideas and appropriate citations.
Literature review is evident
with limited synthesis of ideas
and some citations
A limited Literature
review with weak
synthesis of ideas and
recurring errors in
citations.
A poor literature review
with no synthesis of
ideas and incorrect
citations.
No literature review.
Analysis
Weight – 30%
Well-developed analysis by making
strong assumptions and arguments.
Focused, Persuasive and
Interesting.
A satisfactory analysis by making
good assumptions and arguments.
Adequately relates to concepts and
theories.
Analysis is evident with some
assumptions and arguments.
Merely describes aspects of
theories, issues or concepts.
Limited analysis with
weak
argumentation and
assumptions. Vaguely
provides some theories
and concepts without
much relation to the topic.
A poor analysis.
Demonstrates flawed
assumptions and
arguments with
unrelated theories and
concepts.
The report lacks analysis.
Incoherent, undeveloped,
illogical, irrelevant, or
inconsistent.
Conclusions and
Recommendations
Weight – 25%
Synthesizes key points
succinctly. Proposes original
recommendation based on
relevant concepts, theories,
models and are conceptually
strong.
Restates the key points. Proposes
some recommendation based on
relevant concepts, theories and
models.
Merely summarizes the points.
Proposes recommendations
based on generic ideas.
Provides limited
recommendations that are
generally mundane and
trivial; very little
originality. Little
recognition towards
solutions to problems.
Demonstrates very little
understanding of the
topic. Exhibits ideas
that are derivative of
secondary sources.
Originality is hardly
evident.
Demonstrates lack of
understanding of the topic
Exhibits ideas that are highly
derivative of secondary sources.
Originality is not evident.
Logic, Organization, and
Writing
Weight – 10%
The report demonstrates clear,
logical and sequential
arrangement of paragraphs which
enhance the reader’s
understanding of the ideas. The
written text contains no or hardly
any errors in spelling, grammar,
punctuation or
sentence structure.
The report demonstrates logical and
sequential arrangement of
paragraphs which aid the readers
understanding. Contains few errors
in sentence that do not interfere
with comprehension.
The report demonstrates a
sequential arrangement of
paragraphs which aid the
reader’s understanding the ideas
presented.
The report contains repeated
errors in spelling, grammar,
punctuation, or sentence
structure but these errors do not
interfere with comprehension.
The report demonstrates a
mere arrangement of
paragraphs but not in a
logical or sequential
manner. The weak
organization sometimes
impedes comprehension of
the ideas presented.
The report contains errors
in spelling, grammar,
punctuation, or sentence
structure that interfere
with comprehension.
The report demonstrates
an illogical arrangement
of paragraphs. The lack
of organization makes it
difficult for a reader to
understand the ideas
presented
The report contains
many errors in spelling,
grammar, punctuation,
or sentence structure
that interfere with
comprehension.
The report demonstrates
confusing arrangement of
paragraphs. The lack of
organization makes it difficult
for a reader to understand the
ideas presented
The report contains numerous
errors in spelling, grammar,
punctuation, or sentence
structure that interfere with
comprehension.
Approved by Dr Kiran Nair, Program Director- MBA, 21.11. 2021
Assessment Marking Scheme:
Grading Scale
Letter Code Percentage
A 93–100
A- 88–92
B+ 84 – 87
B 80 – 83
B- 77 – 79
C+ 74 – 76
C 72–73
C- 70 –71
F Less than 70
Assessment Format:
One (electronic) copy to be submitted. Please use a front sheet which is uploaded in the
LMS
Submit your assignment in Microsoft Word only. No other file types will be accepted.
• Note that the plagiarism limit is 15%.
Standard academic presentation is required, including:
• Concise and appropriate language
• Fully referenced using the (APA) method, containing all sources used for each piece of
work
• Unless advised otherwise, all work should be spaced at 1.5, and handed in via the LMS
• Use the (Times New Roman) font, regular style and font size (12)
• Insert page numbers
4. Recommended Reading (Guide)
Text Books:
Png, I. (2016) Managerial Economics. 5th Edition. ISBN-13: 978-1138810266.
Routledge
Annex A
Explain how UAE economy has evolved from a traditional economy (during 1960s) to the current modern levels in terms of GDP and growth.
ManagerialEconomicsAssessmentNo3_82636668
APA
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