COURSEWORK: ESSAY

1st Sit Autumn Semester 2020

Module Code: EC5002

Module Title: International Business and World Market

Module Leader: Rupak Aryal

Coursework Type: Individual

Description: Students are required to write an essay from
a given set of topics. The word count is 2000 words for
the same.

Coursework Weight: This coursework accounts for 20% of your total module
grades.

Submission Date: 4th April, Sunday

When Coursework is 3rd March, Wednesday

given out:

Submission Submit the following to Islington College RTE department

Instructions: before the due date:
● Submit via Google classroom

Warning: London Metropolitan University and Islington College

take Plagiarism seriously. Offenders will be dealt with
sternly.

© London Metropolitan University

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 Plagiarism Notice

You are reminded that there exist regulations concerning plagiarism.

Extracts from University Regulations on Cheating, Plagiarism, and Collusion
Section 2.3: “The following broad types of offense can be identified and are provided
as indicative examples …..
(i) Cheating: including copying coursework.
(ii) Falsifying data in experimental results.
(iii) Personation, where a substitute takes an examination or test on behalf of the
candidate. Both candidate and substitute may be guilty of an offense under
these Regulations.
(iv) Bribery or attempted bribery of a person thought to have some influence on the
candidate’s assessment.
(v) Collusion to present joint work as the work solely of one individual.
(vi) Plagiarism, where the work or ideas of another are presented as the
candidate’s own.
(vii) Other conduct calculated to secure an advantage on assessment.
(viii) Assisting in any of the above.

Some notes on what this means for students:

(i) Copying another student's work is an offense, whether from a copy on paper or
from a computer file and in whatever form the intellectual property being
copied takes, including text, mathematical notation, and computer programs.
(ii) Taking extracts from published sources without attribution is an offense. To
quote ideas, sometimes using extracts, is generally to be encouraged. Quoting
ideas is achieved by stating an author's argument and attributing it, perhaps by
quoting, immediately in the text, his or her name and year of publication, e.g. "
e = mc2 (Einstein 1905)". A reference section at the end of your work should
then list all such references in alphabetical order of authors' surnames. (There
are variations on this referencing system which your tutors may prefer you to
use.) If you wish to quote a paragraph or so from published work then indent
the quotation on both left and right margins, using an italic font where
practicable, and introduce the quotation with attribution.

Further information in relation to the existing London Metropolitan University

regulations concerning plagiarism can be obtained from
http://www.londonmet.ac.uk/academic-regulations

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Assignment Brief
Ensure you indicate where your arguments were found – online, in journal articles or
in textbooks.
Target is 2000 (+/- 10%) words;
● you need to use academic sources where relevant; and
● use Harvard-style referencing in both the main body of the text and the
bibliography.

You ought to show you have used some textbooks on globalization or economics –
such as those listed in the module guide. Be wary of websites – wiki and non-validated
ones should be avoided whereas more ‘legitimate’ sites such as Financial Times or
the Economist are more acceptable and are preferred.
As an essay, you should aim to-
● Use fully formed sentences, not short phrases or bullet points,
● You should ensure you show where one idea ends and the next starts by using
separate paragraphs

Marking Criteria:
1. Focus on question and degree to which it covers all aspect of the work
2. Ability to connect the question with the theory
3. The student clearly supports or rejects a statement/ quote, and provide relevant
logics
4. The degree to which answer demonstrates coherence and consistency
5. Clarity and presentation of work

Essay Title for Coursework

Once we recognize that product differentiation is the basis for much

international trade, there are likely to be more winners and fewer losers in
a country when the country shifts from no trade to free trade.” Do you
agree or disagree? Explain.

Support your answer by incorporating various international trade theories.

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Essay Guidance: Your essay answer should demonstrate wide reading, a good
understanding of the theoretical and empirical material, a solid grasp of contemporary
policy and institutional issues, analytical exposition, and critical evaluation. It should
be well-structured and presented, making appropriate use of empirical evidence,
graphs, and footnotes, and with full referencing of material used.

Word limit and count: Your essay must not contain more than 2,000 words (1900 to
2000 words). The word limit excludes references/bibliography but includes everything
else including footnotes, appendices, etc. A word count (available in Word) should be
included at the beginning of the essay.

Essays to be evaluated on basis of:

● Focuses on question and degree to which the answer covers all aspects of the
question
● Clarity of explanation
● The degree to which answer exhibits understanding and knowledge of relevant
theoretical and empirical literature and of policy issues
● The degree to which answer demonstrates consistency, coherence, and
purposeful analysis
● Appropriate use of mathematical methods and graphs
● Analytical and critical ability – ability to go beyond the descriptive and the
immediately obvious
● Depth and breadth of the analysis
● Assessment of the importance of the topic under discussion
● Evidence of the use of a variety of sources
● Conclusions that cover the main issues and which offer a critical assessment of
the work undertaken and relevant policy implications.
● Appropriate referencing (see above)

Work of a first-class standard (85% or above) is likely to:

● Demonstrate a precise level of theoretical understanding;
● Have a comprehensive coverage of precise and accurate course material;
● Provide precise and accurate economic analysis with excellent development of
arguments;
● Apply accurate diagrams and mathematical methods specifically to the question
and integrate them with a high level of economic analysis;
● Offer a critical and sophisticated evaluation of theoretical, empirical, and policy
issues;
● Analyze data in a highly accurate manner, with excellent interpretation and
critical evaluation of result;

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 ● Be an excellent and professional presentation and structure of the answers with
zero errors.

Work of a first-class standard (70% to 84%) is likely to:

● Demonstrate a high level of understanding;
● Have a comprehensive coverage of relevant course material;
● Provide detailed and accurate economic analysis with excellent development of
arguments;
● Apply accurate diagrams and mathematical methods specifically to the question
and integrate them with a high level of economic analysis;
● Offer a critical and sophisticated evaluation of theoretical, empirical, and policy
issues;
● If appropriate, analyze data in a highly accurate manner, with excellent
interpretation and critical evaluation of result;
● Be an excellent presentation and structure of the answers with no errors.

Work of an upper second class standard (60 – 69%) is likely to:

● Demonstrate a very good overall understanding of the question;
● Have a good coverage of relevant course material;
● Provide detailed and largely accurate economic analysis with good
development of arguments;
● Apply accurate diagrams and mathematical methods specifically to the question
with good explanatory text;
● Offer good and critical evaluation of theoretical, empirical, and policy issues;
● If appropriate, analyze data in a largely accurate manner, with good
interpretation and critical evaluation of results;
● Present answers with very good structure and without any serious errors.

Work of a lower second class standard (50 – 59%) is likely to:

● Clearly demonstrate a satisfactory understanding of the question;
● Have a reasonable coverage of relevant course material;
● Provide fairly accurate economic analysis with satisfactory development of the
arguments;
● Use diagrams and mathematical methods which are fairly accurate and fairly
well explained;
● Offer satisfactory evaluation of theoretical, empirical, and policy issues;
● If appropriate, analyze data in a fairly accurate manner with a reasonable
attempt at interpretation
● Present material in a satisfactory manner normally with few errors.

Work of a third class standard (41 – 49%) is likely to:

● Demonstrate reasonable understanding of the question;

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 ● Have limited coverage of relevant course material;
● Provide basic economic analysis which has a low degree of conceptual clarity
and perhaps contains errors;
● Lack diagrams or use diagrams which are not very accurate and are poorly
explained;
● If appropriate, analyze data in a basic manner, perhaps with some errors;
● Does not offer any evaluation of theoretical/empirical/policy issues;
● Present material in a just satisfactory manner normally with some errors

A Marginal Fail or pass degree standard (35 – 40%) is likely to:

● Show little evidence of understanding the question;
● Have very limited coverage of relevant course material;
● Provide little economic analysis;
● Contain many errors and omissions;
● If appropriate, analyze data with little understanding
● Present material in an unsatisfactory manner normally with some errors

A Clear Fail (0 – 34%) is likely to:

● Show no evidence of understanding the question;
● Ignore relevant course material;
● Show no economic analysis;
● Contain little that is accurate or relevant;
● If appropriate, show no understanding of data analysis;
● Present material in a highly unsatisfactory manner with many errors