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DMSQF ECO2101 Microeconomics CA1 Individual Project - Instructions for Students October 2024 Semester

CA1 Individual Project Assessment
CA1 個人專案評估

  • This CA1 constitutes 30% of the overall ECO2101 Microeconomics course assessment.
    此 CA1 佔整體 ECO2101 微觀經濟學課程評估的 30%。

Rationale of Individual Project
個人專案的理據

  • This individual project allows you to pursue authentic learning and to apply theories taught in class to real world situations. This encourages independence and self-confidence as well as developing one’s thinking and analytical skills when working through real world situations.
    此個人專案可讓您追求真實的學習,並將課堂上教授的理論應用於現實情境中。這可以鼓勵學生獨立和自信,並在實際情況中發展思考和分析能力。

Choosing Product Market for Analysis
選擇產品市場進行分析

  • This project involves choosing product(s) for your project analysis, using microeconomics concepts discussed in Lectures 1 to 5.
    本專案將使用第 1 至第 5 講所討論的微觀經濟學概念,為您的專案分析選擇產品。
  • The product or service market can be either general or specific, local or international.
    產品或服務市場可以是一般或特定、當地或國際市場。
  • Some examples of product or service market:
    產品或服務市場的一些範例:
  • Smartphones (general) 智慧型手機 (一般)
  • Apple iphone (specific brand in the smartphone market)
    Apple iphone (智慧型手機市場的特定品牌)
  • Starbuck Coffee in China (local, specific to a country)
    星巴克咖啡在中國(本地,特定於一個國家)
  • Coffee (international) 咖啡(國際)

Choosing Articles as References for Analysis
選擇文章作為分析參考

  • Search through newspapers sources (other sources are strictly not permitted), either in print or online for THREE (3) articles based on the product market you have chosen. Articles should contain real world situations and should be in English. Articles that contain analysis or researched by others should not be used. The articles must be related to the concepts discussed in Lectures 1 1 1\mathbf{1} to 5.
    根據您所選擇的產品市場,在報紙或線上搜尋三 (3) 篇文章(嚴禁使用其他來源)。文章應包含真實世界的情況,並應以英文撰寫。不得使用包含他人分析或研究的文章。文章必須與 1 1 1\mathbf{1} 至 5 課堂所討論的概念相關。
  • Articles must be dated from 1 st 1 st  1^("st ")1^{\text {st }} August 2024 onwards.
    文章日期必須從 1 st 1 st  1^("st ")1^{\text {st }} 2024 年 8 月起。
  • The articles are to be based on the following topics.
    文章須以下列主題為基礎。
Article 1 - Lecture Topic 1 on Production Possibilities Frontier
第 1 條 - 生產可能性邊界講座主題 1

Article 2 - Lecture Topic 3 on Market Equilibrium
第 2 條 - 市場均衡講座主題 3

Article 3 - Lecture Topic 4 on Elasticity OR Lecture Topic 5 on Utility
第 3 條 - 彈性課題 4 或效用課題 5
  • Select THREE (3) articles on the SAME PRODUCT (for example, all 3 articles on coffee) or DIFFERENT PRODUCTS (for example, 1 st 1 st  1^("st ")1^{\text {st }} article on coffee, 2 nd 2 nd  2^("nd ")2^{\text {nd }} article on apparel and 3 rd 3 rd  3^("rd ")3^{\text {rd }} article on smartphone).
    選擇三 (3) 篇關於相同產品的文章 (例如,所有 3 篇文章都關於咖啡) 或不同的產品 (例如, 1 st 1 st  1^("st ")1^{\text {st }} 關於咖啡的文章、 2 nd 2 nd  2^("nd ")2^{\text {nd }} 關於服裝的文章和 3 rd 3 rd  3^("rd ")3^{\text {rd }} 關於智慧型手機的文章)。

Analysing your Product Market
分析您的產品市場

  • For each article, identify the event(s) or phenomena. Summarise these events in your own words.
    針對每篇文章,找出事件或現象。用您自己的語言總結這些事件。
  • Analyse these events using the appropriate microeconomic concepts. Reproducing or paraphrasing the article does NOT constitute an analysis.
    使用適當的微觀經濟概念分析這些事件。複製或轉述文章並不構成分析。
  • Economic diagram(s), where applicable must be drawn to support your analysis. Diagrams must be fully labelled and should not be hand-drawn.
    經濟圖表(如適用)必須繪製以支援您的分析。圖表必須完整標示,且不得為手繪圖。
  • The following analysis must be included.
    必須包含下列分析。
Article 1 - Lecture Topic 1: PPF and Opportunity Cost
第 1 條 - 講座主題 1:保障基金與機會成本

\checkmark Shift in PPF (to include diagram to show the shift in PPF)
\checkmark PPF 的移動(包含顯示 PPF 移動的圖表)

\checkmark Explain the shape of the PPF (whether bowed shape or straight line PPF)
\checkmark 說明 PPF 的形狀 (是弓形 PPF 還是直線 PPF)

\checkmark Analyse the opportunity cost when more of one product is produced
\checkmark 分析生產更多一種產品時的機會成本
Article 2 - Lecture Topic 3: Market Equilibrium and Efficiency
第 2 條 - 課題 3:市場均衡與效率

\checkmark Change in demand or supply or both (this is term as event) (to include diagram to show the changes in the event and the equilibrium quantity and price)
\checkmark 需求或供應或兩者的改變(這就是事件的術語)(要包含圖表來顯示事件的改變以及均衡的數量和價格)

\checkmark Analyse whether market is efficient before and after change in event
\checkmark 分析事件改變前後的市場是否有效率

\checkmark Analyse whether consumer surplus, producer surplus and total surplus increase or decrease after change in event (to include diagram to show the changes in consumer surplus and producer surplus)
\checkmark 分析在事件改變後,消費者盈餘、生產者盈餘和總盈餘是增加還是減少(包含圖表顯示消費者盈餘和生產者盈餘的改變)。

\checkmark Analyse whether total surplus is maximised before and after change in event
\checkmark 分析總盈餘在事件改變前後是否最大化
Article 3 - Lecture Topic 4: Elasticity
第 3 條 - 課題 4:彈性

\checkmark Analyse the type of elasticity
\checkmark 分析彈性的類型

\checkmark Explain the type of elasticity using the factors that affect the type of elasticity
\checkmark 使用影響彈性類型的因素解釋彈性類型

\checkmark Analyse the changes in total revenue (to include diagram to show the changes in total revenue)
\checkmark 分析總收入的變化(包括顯示總收入變化的圖表)
OR 
  • Lecture Topic 5: Utility 講座主題 5:效用
    \checkmark Analyse the changes in the budget line (to include diagram to show the changes in the budget line)
    \checkmark 分析預算項目的變化(要包括顯示預算項目的變化的圖表)

    \checkmark Analyse the changes in the consumer equilibrium using equalisation of MU per dollar (to include the MU per dollar diagram to show the changes in consumer equilibrium)
    \checkmark 利用每美元的MU均等化分析消費者均衡的變化(包括每美元的MU圖表,以顯示消費者均衡的變化)。
  • The following are some suggestions for the analysis:
    以下是一些分析建議:

    \checkmark Using PPF concept to analyse a reduction in the production of crops due to natural disasters like earthquakes or flood (topic 1)
    \checkmark 使用PPF概念分析地震或洪水等自然災害導致的農作物減產(專題1)

    \checkmark Using market equilibrium analysis to analyse the changes in the price of semiconductor chips due to the high demand and reduced supply of semiconductor chips (topic 3)
    \checkmark 運用市場均衡分析法,分析半導體晶片需求高漲、供應減少所導致的價格變化(專題3)

    \checkmark Using price elasticity of demand to analyse the elasticity of oil as price of oil rises due essential needs and no close substitutability (topic 4)
    \checkmark 使用需求的價格彈性分析石油的彈性,因為石油價格上升是由於基本需求,沒有密切的替代性(專題4)

    \checkmark Using utility and demand to analyse on household consumption choices (topic 5)
    \checkmark 使用效用和需求分析家庭消費選擇(專題 5)

Writing your Report 撰寫報告

  • Use Calibri Font Size 12pt. Number your pages. Use single line spacing. Do a full justification (that is both left and right justified) of your report.
    使用 Calibri 字體大小 12pt。編排頁數。使用單倍行距。對您的報告進行完全對齊(即左對齊和右對齊)。
  • The report should be between 1,000 to 1,500 words. Each Analysis should have at least 180 words.
    報告字數應在 1,000 到 1,500 字之間。每項分析應至少有 180 個字。
  • Use the template in Appendix 1 for your report format.
    報告格式請使用附錄 1 中的範本。
  • Limit each analysis to one page.
    每項分析以一頁為限。
  • Begin each analysis on a new page. For example, analysis 2.1 on a new page, analysis 2.2 on a new page, and so on.
    在新的一頁開始每項分析。例如,分析 2.1 在新的一頁,分析 2.2 在新的一頁,如此類推。
  • Ensure consistency throughout the report. For example, consistent formatting (such as same font type and font size, same line spacing) throughout the whole report; diagrams are all drawn using the same software such as Powerpoint and not some diagrams are drawn using PowerPoint and some using Word or Excel software. Diagrams should not hand drawn.
    確保整份報告的一致性。例如,整份報告的格式一致(如相同的字型和字體大小、相同的行距);圖表均使用相同的軟體(如 Powerpoint)繪製,而不是有些圖表使用 PowerPoint 繪製,有些則使用 Word 或 Excel 軟體。圖表不應使用手繪。

Report Grading 報告分級

  • This is a short report. The key to a good report is to be clear and concise. Report will be graded on the various report components, namely proper Cover Page, Introduction, Article Summary, Analysis, Diagrams, Conclusion, References as well as Report Consistency.
    這是一份簡短的報告。一份好報告的關鍵在於清楚簡潔。本報告將根據報告的各個組成部分(即正確的封面頁、引言、文章摘要、分析、圖表、結論、參考資料以及報告的一致性)來評分。
  • Marking Scheme 評分方案
Items 項目 Marking Scheme 評分方案
Introduction 簡介 8 marks 8 分
Article Summary 文章摘要 18 marks 18 分
Analysis 分析 39 marks 39 分
Economic Diagram 經濟圖 18 marks 18 分
Conclusion 總結 8 marks 8 分
References 參考資料 3 marks 3 分
Report Consistency 報告一致性 6 marks 6 分
Total 總計 100 marks 100 分
Items Marking Scheme Introduction 8 marks Article Summary 18 marks Analysis 39 marks Economic Diagram 18 marks Conclusion 8 marks References 3 marks Report Consistency 6 marks Total 100 marks| Items | Marking Scheme | | :--- | :---: | | Introduction | 8 marks | | Article Summary | 18 marks | | Analysis | 39 marks | | Economic Diagram | 18 marks | | Conclusion | 8 marks | | References | 3 marks | | Report Consistency | 6 marks | | Total | 100 marks |
  • Penalty will be imposed for
    以下情況將被處罰
  • 20% for late submission of report (within one (1) day after the submission dateline)
    遲交報告(提交日期後一 (1) 天內)的 20
  • Up to 20% for use of non-newspaper sources
    使用非報紙資料來源最高可達 20
  • Up to 20% for not adhering to dates of articles
    不遵守物品日期,最高可達 20
  • Plagiarism, which includes copying from student’s own report submitted previously to SIMGE or other educational institutions, other student reports, any other sources and copying of economics diagrams from google or other sources. Any use of chatbot or any system powered by artificial intelligence, software or otherwise is considered as plagiarism.
    剽竊,包括抄襲學生自己之前提交給SIMGE或其他教育機構的報告,其他學生的報告,任何其他來源,以及從谷歌或其他來源複製經濟圖表。任何使用聊天機器人或任何由人工智慧、軟體或其他方式驅動的系統都被視為抄襲。

Submission of Report 提交報告

  • Submit the Word format of your report online via Canvas by 23 October 2024 11:59am. Reports submitted through other ways (e.g., through email or hardcopy to the lecturer or the school) will not be accepted.
    在 2024 年 10 月 23 日上午 11:59 之前,透過 Canvas 線上提交 Word 格式的報告。透過其他方式提交的報告(例如,透過電子郵件或硬複本提交給講師或學校)將不被接受。

Report Template 報告範本

ECO2101 Microeconomics ECO2101 微觀經濟學

CA1 Individual Report CA1 個人報告

Singapore Institute of Management Global Education Diploma in Management Studies
新加坡管理學院全球教育管理研究文憑

DMSQF
October 2024 Semester 2024 年 10 月 學期

ECO2101 Microeconomics
CA1 Individual Project
23 October 2024
ECO2101 微觀經濟學 CA1 個人專案 2024 年 10 月 23 日

Submitted by: 提交者:
Name qquad\qquad 名稱 qquad\qquad
Student ID: qquad\qquad 學生 ID: qquad\qquad

CONTENT PAGE 內容頁

Page 頁數
  1. Introduction … X 簡介 ... X
  2. Analysis 分析
    (The Analysis sub-titles below are for illustration purposes)
    (以下分析副標題僅供說明之用)

    (The illustration below is where all the 3 articles are from the SAME product.You could also have the 3 articles from DIFFERENT products.)
    (以下圖例中的 3 篇文章來自相同的產品。您也可以讓 3 篇文章來自不同的產品)。

    2.1 Analysis 1 - Climate change impact on wheat production … x x xx
    2.1 分析 1 - 氣候變遷對小麥生產的影響 ... x x xx

    (Topic 1: PPF and Opportunity Cost)
    (主題 1: PPF 與機會成本)

    2.2 Analysis 2 - Changes in demand and supply of wheat
    2.2 分析 2 - 小麥供需的變化

    (Topic 3: Market Equilibrium)
    (主題 3:市場均衡)

    2.3 Analysis 3 - Inelastic demand for wheat … X
    2.3 分析 3 - 小麥需求缺乏彈性 ... X

    (Topic 4: Elasticity) (主題 4:彈性)
    OR 
    Analysis 3 - Increased consumption of wheat due to higher utility(Topic 5: Utility and Demand)
    分析 3 - 由於效用提高,小麥的消耗量增加(主題 5:效用與需求)
  3. Conclusion … X 結論 ... X
  4. References … X 參考資料 ... X
1 Introduction 1 引言
(One paragraph to explain or discuss why you have selected the product(s) for your report.)
(用一段文字解釋或討論您選擇報告產品的原因)

(One paragraph to summarise the events and analysis of all the three articles.)
(用一個段落總結所有三篇文章的事件和分析)

2 Analysis 2 分析

2.1 Analysis 1 - Climate change impact on wheat production (Topic 1: PPF and Opportunity Cost)
2.1 分析 1 - 氣候變遷對小麥生產的影響 (主題 1:PPF 與機會成本)

Source: Quote the source of the article or if the article is obtained from the web, quote the web address
來源:引用文章來源,如果文章是從網路取得,請引用網址
Summary 摘要
(One to two short paragraphs summarising the key event(s) in the article)
(一至兩小段概述文章中的關鍵事件
Analysis 分析
(Two to three short paragraphs on analysing the key event(s) using microeconomic concepts)
(使用微觀經濟概念分析關鍵事件的 2 至 3 個簡短段落

(Economic diagram(s) to support the analysis)
(支持分析的經濟圖表)

2.2 Analysis 2-Changes in demand and supply of wheat (Topic 3: Market Equilibrium)
2.2 分析 2-小麥的供需變化(課題 3:市場均衡)

Source: Quote the source of the article or if the article is obtained from the web, quote the web address
來源:引用文章來源,如果文章是從網路取得,請引用網址
Summary 摘要
(One to two short paragraphs summarising the key event(s) in the article)
(一至兩小段概述文章中的關鍵事件
Analysis 分析
(Two to three short paragraphs on analysing the key event(s) using microeconomic concepts)
(使用微觀經濟概念分析關鍵事件的 2 至 3 個簡短段落

(Economic diagram(s) to support the analysis)
(支持分析的經濟圖表)

2.3 Analysis 3-Inelastic demand for wheat (Topic 4: Elasticity)
2.3 分析 3-小麥需求缺乏彈性 (主題 4:彈性)

OR 
Analysis 3 - Increased consumption of wheat due to higher utility (Topic 5: Utility and Demand)
分析 3 - 由於效用提高,小麥的消耗量增加 (課題 5:效用與需求)
Source: Quote the source of the article or if the article is obtained from the web, quote the web address
來源:引用文章來源,如果文章是從網路取得,請引用網址
Summary 摘要
(One to two short paragraphs summarising the key event(s) in the article)
(一至兩小段概述文章中的關鍵事件
Analysis 分析
(Two to three short paragraphs on analysing the key event(s) using microeconomic concepts)
(使用微觀經濟概念分析關鍵事件的 2 至 3 個簡短段落

(Economic diagram(s) to support the analysis)
(支持分析的經濟圖表)

3 Conclusion 3 結論

One paragraph on the overall view of the key analysis.
一段關於主要分析的整體觀點。

(The objective is to present an overall view or coherent view of the key analysis. It is NOT to be written in a ‘listing’ style where all the key analysis is listed one by one for each topic).
(目的是提出關鍵分析的整體觀點或連貫觀點。請勿以 「羅列 」方式撰寫,即逐一列出每個主題的所有關鍵分析)。

References 參考資料

(Use either APA or Harvard Referencing Method)
(使用 APA 或 Harvard 參考方法)
  • List the sources of all the articles.
    列出所有文章的來源。