Sbc Year 2 Research Paper

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Sbc Year 2 Research Paper

SBC Year 2 Business

2012 - 2013

Economics for Business 2: Macroeconomics

ASSIGNMENT

Economics for Business 2: Macroeconomics
Assignment

The total mark for this assignment is 25. This constitutes 25% of the total marks for this subject.

| | (a) | Explain the meaning of the following economic concepts: * The National Income identity * Actual and potential economic growth | [ 10 ] | (b) | Discuss the significance of ‘the accelerator’ in accentuating the fluctuations in the business cycle. In your answer you should: * Explain what is meant by ‘the business cycle’ * Explain the concept of ‘the accelerator’ * Examine the relationship between the business cycle and the accelerator | [ 12 ] | | Up to an additional three marks can be awarded based …show more content…
| | | (ii) | The assignment should be formatted in the following way: * Use Arial font * Use font size 12 * Use double or 1.5 spacing * Use the title of the document as the header * Use your student name, number, class number and page number as the footer | | | (iii) | At all times you should express your ideas and develop your answers in your own words; of course you may use quotes or refer generally to textbooks, quality websites or journals. This is acceptable as long as they are properly referenced and acknowledged in a bibliography. |

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