Marks and Spencer

Brunel Business School
Master of Science
TITLE: International Business Economics: MODULE CODE: MG5571

Coursework (2500 word count) - Term 1 (30%)
You can either go over or under the word count by 10%

PG: grades: A, B, C, D, E, F

Hand Out Date: 1st September 2012
Deadline: Thursday 6th December 2012 submitted [on or before 12pm UK time, midday –lunchtime] Module Learning Outcomes The module provides opportunities for students to develop and demonstrate knowledge and understanding, qualities, skills and other attributes in the following areas and by the end of this module, learners must be able to:

1. Critically assess the main economic structures and activities in today’s economic market. 2. Demonstrate a rational and systematic approach to the importance of economic relationships within the international economic system as these affect business planning, measurement and control and the forces behind globalization, liberalization and cross-border business and resource movements 3. Apply systematically appropriate concepts, principles and rational arguments leading to the formulation and critical evaluation/assessment of policy decisions relating to a variety of international business economics issues and problems. 4. Demonstrate the variety of skills, including data collection, relevant and specific to problem solving in international business economics including international trade issues.

Guidance Notes Learning Outcomes 1-4 are covered in this Coursework Coursework (2500 word count) - Term 1 (30%)

There are four main criteria in the marking scheme with relative weighting that indicate their importance in the coursework.
1. Background/Introduction of the subject area/Definitions
The answer should demonstrate an excellent grasp of the subject area under investigation. Key concepts and principles must be clearly defined, main themes identified, well explained and well structured. The answer must be focused and coherent with supporting explanation.

2. Critical review of relevant theories of International business economics
The answer should demonstrate critical review of the relevant theories of international business economics and to apply rational arguments in relation to trade and specialization.

3. Findings/Conclusions/ Assignment length, overall structure, referencing/Bibliography
The answer should demonstrate a comprehensive understanding of how to analyze appropriate concepts and principles with relevant examples. The analysis of this work must be well structured with good conclusive remarks and presented effectively and appropriately. References in the most part must be properly formatted and cited. The assignment length must be strictly adhered to.

Coursework Assessment

Coursework (2,500 word count) 30%

Discuss in depth the defining characteristics of globalization and evaluate the benefits of globalization in relation to the fast growing emerging economies. Explain your answer with relevant examples and arguments.

MARKING CRITERIA

Criteria | Grade descriptors | Critical review of relevant economic concepts and principles and main themes of the coursework correctly identified with rational arguments (40%) | A. Clear demonstration and a critical, sophisticated and thorough review of international business economic concepts and principles and the application of analytical skills with excellent use of several appropriate references | B. Clear demonstration of a well-developed and comprehensive understanding of international business economic concepts and principles with good use of some appropriate references. | C. Demonstration of a substantial review of international business economic concepts and principles with a basic use of a few references. | D. Provides evidence of some understanding of international business economic principles and concepts with the use of at least one reference or few inappropriate references. | E. Work does demonstrate evidence of a partial but uncritical understanding of international business economic principles and with no references used. | F. Work does not demonstrate understanding of international business and economic concepts and principles and there is absence of references | A demonstration of comprehensive understanding of how to analyze appropriate concepts and principles. The answer must be focused and coherent with supporting examples (30%) | A. Clear demonstration of a sophisticated, critical and thorough understanding of international business economics with excellent use of several appropriate references | B. Clear demonstration of a well-developed and comprehensive understanding of the international business economics with good use of some appropriate references. | C. Demonstration of a substantial understanding of international business economics with a basic use of a few references. | D. Provides evidence of some understanding of international business economics with the use of at least one reference or few inappropriate references. | E. Work does demonstrate evidence of a partial but uncritical understanding of international business economics with no references used. | F. Work does not demonstrate understanding of international business economics and there is absence of references | Assignment length, overall structure, referencing (20%) | A. It is within the word limit of 2500 words in length.The assignment contains a very clear and logical sequencing. The references, both within and at the end of the text, are accurately cited and presented. | B. Very good demonstration of the aforementioned criteria, but lacks the clarity in structure and presentation required for an ‘A’ grade. It is within the word limit of 2500 words in length. The references, both within and at the end of the text, are accurately cited and presented. | C. It is within the word limit of2500 words in length.The assignment is presented in a satisfactory format, meeting most of the aforementioned criteria; there may be a few limitations in the logical flow between the sections, making parts of argument less easy to follow. The references, both within and at the end of the text, are accurately cited and presented | D. It is within the word limit of 2500 words in length.The structure of the text is adequately highlighted by use of appropriate sections and paragraphs; there is some clear and logical sequencing. The references, both within and at the end of the text, are adequately cited and presented. | E. Many of the following apply: the structure of the text is inadequate; the ordering lacks a clear and logical sequence; the references both within and/or at the end of the text are missing or inadequately cited and presented.It is above the word limit of 2500 words in length. | F. Almost all, of the following apply: the structure of the text is inadequate; the ordering lacks a clear and logical sequence; the references both within and/or at the end of the text are missing or inadequately cited and presented. It is above the word limit of 2500 words in length. | Writing quality and style, Grammar and punctuation; spelling (10%) | A. The writing quality and style is excellent. The grammar/ punctuation is error-free. There are no spelling mistakes or incorrectly-used words. There are no long, confused or unwieldy sentences which detract from legibility. | B. The writing quality and style is very good. The grammar/punctuation is near error-free. There are very few, if any, spelling mistakes or incorrectly-used words. There are very few, if any, long, confused or unwieldy sentences which detract from legibility. | C. The writing quality and style is good. The grammar and punctuation is reasonable. There are a few spelling mistakes, incorrectly-used words, and/or long, confused or unwieldy sentences which detract from legibility. | D. The writing quality and style is just adequate. The grammar and punctuation is just adequate. There are a number of spelling mistakes, incorrectly-used words, and/or long, confused or unwieldy sentences which detract from legibility. | E. Many of the following apply: poor writing quality and style; the grammar and punctuation is poor; there are many spelling mistakes, incorrectly used words, and/or long, confused or unwieldy sentences which detract from legibility; | F. Almost of the following apply: poor writing quality and style; the grammar and punctuation is poor; there are many spelling mistakes, incorrectly used words, and/or long, confused or unwieldy sentences which detract from legibility; the references are either non-existent or inadequately cited and presented; |

References: in the most part must be properly formatted and cited. The assignment length must be strictly adhered to. Coursework Assessment Coursework (2,500 word count) 30% Discuss in depth the defining characteristics of globalization and evaluate the benefits of globalization in relation to the fast growing emerging economies. Explain your answer with relevant examples and arguments. MARKING CRITERIA Criteria | Grade descriptors | Critical review of relevant economic concepts and principles and main themes of the coursework correctly identified with rational arguments (40%) | A. Clear demonstration and a critical, sophisticated and thorough review of international business economic concepts and principles and the application of analytical skills with excellent use of several appropriate references | B. Clear demonstration of a well-developed and comprehensive understanding of international business economic concepts and principles with good use of some appropriate references. | C. Demonstration of a substantial review of international business economic concepts and principles with a basic use of a few references. | D. Provides evidence of some understanding of international business economic principles and concepts with the use of at least one reference or few inappropriate references. | E. Work does demonstrate evidence of a partial but uncritical understanding of international business economic principles and with no references used. | F. Work does not demonstrate understanding of international business and economic concepts and principles and there is absence of references | A demonstration of comprehensive understanding of how to analyze appropriate concepts and principles. The answer must be focused and coherent with supporting examples (30%) | A. Clear demonstration of a sophisticated, critical and thorough understanding of international business economics with excellent use of several appropriate references | B. Clear demonstration of a well-developed and comprehensive understanding of the international business economics with good use of some appropriate references. | C. Demonstration of a substantial understanding of international business economics with a basic use of a few references. | D. Provides evidence of some understanding of international business economics with the use of at least one reference or few inappropriate references. | E. Work does demonstrate evidence of a partial but uncritical understanding of international business economics with no references used. | F. Work does not demonstrate understanding of international business economics and there is absence of references | Assignment length, overall structure, referencing (20%) | A. It is within the word limit of 2500 words in length.The assignment contains a very clear and logical sequencing. The references, both within and at the end of the text, are accurately cited and presented. | B. Very good demonstration of the aforementioned criteria, but lacks the clarity in structure and presentation required for an ‘A’ grade. It is within the word limit of 2500 words in length. The references, both within and at the end of the text, are accurately cited and presented. | C. It is within the word limit of2500 words in length.The assignment is presented in a satisfactory format, meeting most of the aforementioned criteria; there may be a few limitations in the logical flow between the sections, making parts of argument less easy to follow. The references, both within and at the end of the text, are accurately cited and presented | D. It is within the word limit of 2500 words in length.The structure of the text is adequately highlighted by use of appropriate sections and paragraphs; there is some clear and logical sequencing. The references, both within and at the end of the text, are adequately cited and presented. | E. Many of the following apply: the structure of the text is inadequate; the ordering lacks a clear and logical sequence; the references both within and/or at the end of the text are missing or inadequately cited and presented.It is above the word limit of 2500 words in length. | F. Almost all, of the following apply: the structure of the text is inadequate; the ordering lacks a clear and logical sequence; the references both within and/or at the end of the text are missing or inadequately cited and presented. It is above the word limit of 2500 words in length. | Writing quality and style, Grammar and punctuation; spelling (10%) | A. The writing quality and style is excellent. The grammar/ punctuation is error-free. There are no spelling mistakes or incorrectly-used words. There are no long, confused or unwieldy sentences which detract from legibility. | B. The writing quality and style is very good. The grammar/punctuation is near error-free. There are very few, if any, spelling mistakes or incorrectly-used words. There are very few, if any, long, confused or unwieldy sentences which detract from legibility. | C. The writing quality and style is good. The grammar and punctuation is reasonable. There are a few spelling mistakes, incorrectly-used words, and/or long, confused or unwieldy sentences which detract from legibility. | D. The writing quality and style is just adequate. The grammar and punctuation is just adequate. There are a number of spelling mistakes, incorrectly-used words, and/or long, confused or unwieldy sentences which detract from legibility. | E. Many of the following apply: poor writing quality and style; the grammar and punctuation is poor; there are many spelling mistakes, incorrectly used words, and/or long, confused or unwieldy sentences which detract from legibility; | F. Almost of the following apply: poor writing quality and style; the grammar and punctuation is poor; there are many spelling mistakes, incorrectly used words, and/or long, confused or unwieldy sentences which detract from legibility; the references are either non-existent or inadequately cited and presented; |