Financial and Economic Literacy for Managers

Fin" rel="nofollow">inancial and Economic Literacy for Managers Paper details: Please use UK English language not USA English. Semester: C16 – Summer 2016 Module Code: FELM4026 Module Title: Fin" rel="nofollow">inancial and Economic Literacy for Managers Programme BSc (Hons) Busin" rel="nofollow">iness Management with E-commerce BSc (Hons) Busin" rel="nofollow">iness Management BSc (Hons) Enterprise and Small Busin" rel="nofollow">iness Development BSc (Hons) Human Resources with Management BSc (Hons) Oil and Gas Management Level: Level 4 Awardin" rel="nofollow">ing Body: University of Plymouth Module Leader Constance Vigilance Format: Essay Presentation: No Any special requirements: All work should be submitted on the Student Portal along with an acceptable Turnitin" rel="nofollow">in Report Word Limit: 2,500 words (+ or – 10 percent) Please in" rel="nofollow">include a word count in" rel="nofollow">in your submission Deadlin" rel="nofollow">ine date for submission: Thursday August 18, 2016 at 2pm Learnin" rel="nofollow">ing outcomes to be examin" rel="nofollow">ined in" rel="nofollow">in this assessment At the end of this module students will be expected to be able to: 1. Explain" rel="nofollow">in the prin" rel="nofollow">inciples of busin" rel="nofollow">iness and fin" rel="nofollow">inancial economics in" rel="nofollow">in an in" rel="nofollow">international context 2. Identify and explain" rel="nofollow">in the impact of governmental, monetary and economic policy on decision makin" rel="nofollow">ing in" rel="nofollow">in a busin" rel="nofollow">iness context. 3. Describe and apply macro and micro concepts and models to busin" rel="nofollow">iness decision makin" rel="nofollow">ing. 4. Interpret fin" rel="nofollow">inancial in" rel="nofollow">information (external and in" rel="nofollow">internal) and apply to decision makin" rel="nofollow">ing within" rel="nofollow">in a busin" rel="nofollow">iness context. 5. Discuss the rationale and impact of decisions for busin" rel="nofollow">iness strategies to users and stakeholders. 6. Examin" rel="nofollow">ine and discuss the relationship between theory, application in" rel="nofollow">in busin" rel="nofollow">iness and fin" rel="nofollow">inancial economics in" rel="nofollow">in an in" rel="nofollow">international context. Percentage of marks awarded for module: The assignment account for 100 percent of the assessment Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, style, relevance, origin" rel="nofollow">inality Content will reflect the students’ ability to understand and to analyse the Fin" rel="nofollow">inancial and Economic Literacy for Managers (FELM4026) course as taught. Answers to be based on an in" rel="nofollow">interpretation of class handouts and evidence of background readin" rel="nofollow">ing. 50% Format, referencin" rel="nofollow">ing, bibliography • The limit is not a guide, it is an in" rel="nofollow">instruction. • Do not stray in" rel="nofollow">into tangential material. Always ask yourself – is what I’ve written relevant to the question set? • Copy and Paste. Please try to refrain" rel="nofollow">in from doin" rel="nofollow">ing this. • Font size. Please use font size of TNR 12 or Arial 12 size. • Use Double space. • Read (aloud) what you have written. If we can’t understand your argument, you will not get any credit for it. • The Study Skills Handbook and Module provide detailed guidance on referencin" rel="nofollow">ing. Ensure you reference your citations usin" rel="nofollow">ing the Harvard method. 10 % Constructive critical analysis, in" rel="nofollow">introduction, conclusion Critical analysis is an important test of the student’s ability to evaluate busin" rel="nofollow">iness economics and fin" rel="nofollow">inance concepts. Introductions and conclusions should briefly address the issues to be discussed. 40% Candidates must clearly label their ID Number on additional separate reference, formula or answer sheets. Assignment (2,500 words + or – 10 percent) Due on : Thursday August 18, 2016 at 2pm Question 1 (25 marks) (a) Explain" rel="nofollow">in the three classifications of production and give examples of each classification (5 marks) (b) Explain" rel="nofollow">in opportunity costs and give examples (5 marks) (c) Explain" rel="nofollow">in the purpose and evolution of the UK standard in" rel="nofollow">industrial classification (SIC) sin" rel="nofollow">ince 1948 (5 marks) (d) Explain" rel="nofollow">in with the use of two (2) separate diagrams, the shift in" rel="nofollow">in the demand curve and the movement along the demand curve (5 marks) (e) Explain" rel="nofollow">in the in" rel="nofollow">income and substitution effect of an in" rel="nofollow">increase in" rel="nofollow">in price. (5 marks) Question 2 (25 marks) (a) Explain" rel="nofollow">in two types of markets and give examples of each (5 marks) (b) Defin" rel="nofollow">ine a public good and give examples of public goods (5 marks) (c) Explain" rel="nofollow">in the three ways in" rel="nofollow">in which government in" rel="nofollow">intervenes in" rel="nofollow">in the market and give examples (5 marks) (d) Explain" rel="nofollow">in the four key macroeconomic policy objectives that governments typically pursue. (5 marks) (e) Explain" rel="nofollow">in the circular flow of in" rel="nofollow">income in" rel="nofollow">includin" rel="nofollow">ing the in" rel="nofollow">inner flow, withdrawals and in" rel="nofollow">injections. (5 marks) Question 3 (25 marks) (a) Defin" rel="nofollow">ine and give examples of each of the four major areas of fin" rel="nofollow">inance (5 marks) (b) Explain" rel="nofollow">in the determin" rel="nofollow">inants of market in" rel="nofollow">interest rates in" rel="nofollow">includin" rel="nofollow">ing the various types of risk premiums (5 marks) (c) Explain" rel="nofollow">in the four basic fin" rel="nofollow">inancial statements, in" rel="nofollow">includin" rel="nofollow">ing formats and purpose. (5 marks) (d) Use the Marks and Spencer 2014 Annual Report fin" rel="nofollow">inancial statements on pages 88-91 of the Annual Report. Use the followin" rel="nofollow">ing lin" rel="nofollow">ink or see GSM Learn for the Annual Report. Lin" rel="nofollow">ink: http://corporate.marksandspencer.com/in" rel="nofollow">investors/b73df1d3e4f54f429210f115ab11e2f6 You are required to calculate four (4) ratios – one (1) of each of the followin" rel="nofollow">ing categories - liquidity ratios, market value ratios, debt management ratios and asset management ratios – and explain" rel="nofollow">in what each ratio means for Marks and Spencer in" rel="nofollow">in the UK economy. (10 marks) Question 4 (25 marks) (a) Describe the importance of capital budgetin" rel="nofollow">ing decisions and the general process that is followed when makin" rel="nofollow">ing in" rel="nofollow">investment (capital budgetin" rel="nofollow">ing) decisions (5 marks) (b) Describe how the net present value (NPV) technique is used to make in" rel="nofollow">investment (capital budgetin" rel="nofollow">ing) decisions (5 marks) (c) Explain" rel="nofollow">in the yield curve in" rel="nofollow">includin" rel="nofollow">ing the reasons why yield curves differ. Use diagrams. (5 marks) (d) Two projects bein" rel="nofollow">ing considered are mutually exclusive and have the followin" rel="nofollow">ing projected cash flows: Year Project A Project B 0 -$50,000 -$50,000 1 15,625 0 2 15,625 0 3 15,625 0 4 15,625 0 5 15,625 99,500 If the required rate of return on these projects is 10 percent, which would be chosen and why? Show your calculations/explanations. (10 marks) Paper details: Please use UK English language not USA English. Semester: C16 – Summer 2016 Module Code: FELM4026 Module Title: Fin" rel="nofollow">inancial and Economic Literacy for Managers Programme BSc (Hons) Busin" rel="nofollow">iness Management with E-commerce BSc (Hons) Busin" rel="nofollow">iness Management BSc (Hons) Enterprise and Small Busin" rel="nofollow">iness Development BSc (Hons) Human Resources with Management BSc (Hons) Oil and Gas Management Level: Level 4 Awardin" rel="nofollow">ing Body: University of Plymouth Module Leader Constance Vigilance Format: Essay Presentation: No Any special requirements: All work should be submitted on the Student Portal along with an acceptable Turnitin" rel="nofollow">in Report Word Limit: 2,500 words (+ or – 10 percent) Please in" rel="nofollow">include a word count in" rel="nofollow">in your submission Deadlin" rel="nofollow">ine date for submission: Thursday August 18, 2016 at 2pm Learnin" rel="nofollow">ing outcomes to be examin" rel="nofollow">ined in" rel="nofollow">in this assessment At the end of this module students will be expected to be able to: 1. Explain" rel="nofollow">in the prin" rel="nofollow">inciples of busin" rel="nofollow">iness and fin" rel="nofollow">inancial economics in" rel="nofollow">in an in" rel="nofollow">international context 2. Identify and explain" rel="nofollow">in the impact of governmental, monetary and economic policy on decision makin" rel="nofollow">ing in" rel="nofollow">in a busin" rel="nofollow">iness context. 3. Describe and apply macro and micro concepts and models to busin" rel="nofollow">iness decision makin" rel="nofollow">ing. 4. Interpret fin" rel="nofollow">inancial in" rel="nofollow">information (external and in" rel="nofollow">internal) and apply to decision makin" rel="nofollow">ing within" rel="nofollow">in a busin" rel="nofollow">iness context. 5. Discuss the rationale and impact of decisions for busin" rel="nofollow">iness strategies to users and stakeholders. 6. Examin" rel="nofollow">ine and discuss the relationship between theory, application in" rel="nofollow">in busin" rel="nofollow">iness and fin" rel="nofollow">inancial economics in" rel="nofollow">in an in" rel="nofollow">international context. Percentage of marks awarded for module: The assignment account for 100 percent of the assessment Assessment criteria Explanatory comments on the assessment criteria Maximum marks for each section Content, style, relevance, origin" rel="nofollow">inality Content will reflect the students’ ability to understand and to analyse the Fin" rel="nofollow">inancial and Economic Literacy for Managers (FELM4026) course as taught. Answers to be based on an in" rel="nofollow">interpretation of class handouts and evidence of background readin" rel="nofollow">ing. 50% Format, referencin" rel="nofollow">ing, bibliography • The limit is not a guide, it is an in" rel="nofollow">instruction. • Do not stray in" rel="nofollow">into tangential material. Always ask yourself – is what I’ve written relevant to the question set? • Copy and Paste. Please try to refrain" rel="nofollow">in from doin" rel="nofollow">ing this. • Font size. Please use font size of TNR 12 or Arial 12 size. • Use Double space. • Read (aloud) what you have written. If we can’t understand your argument, you will not get any credit for it. • The Study Skills Handbook and Module provide detailed guidance on referencin" rel="nofollow">ing. Ensure you reference your citations usin" rel="nofollow">ing the Harvard method. 10 % Constructive critical analysis, in" rel="nofollow">introduction, conclusion Critical analysis is an important test of the student’s ability to evaluate busin" rel="nofollow">iness economics and fin" rel="nofollow">inance concepts. Introductions and conclusions should briefly address the issues to be discussed. 40% Candidates must clearly label their ID Number on additional separate reference, formula or answer sheets. Assignment (2,500 words + or – 10 percent) Due on : Thursday August 18, 2016 at 2pm Question 1 (25 marks) (a) Explain" rel="nofollow">in the three classifications of production and give examples of each classification (5 marks) (b) Explain" rel="nofollow">in opportunity costs and give examples (5 marks) (c) Explain" rel="nofollow">in the purpose and evolution of the UK standard in" rel="nofollow">industrial classification (SIC) sin" rel="nofollow">ince 1948 (5 marks) (d) Explain" rel="nofollow">in with the use of two (2) separate diagrams, the shift in" rel="nofollow">in the demand curve and the movement along the demand curve (5 marks) (e) Explain" rel="nofollow">in the in" rel="nofollow">income and substitution effect of an in" rel="nofollow">increase in" rel="nofollow">in price. (5 marks) Question 2 (25 marks) (a) Explain" rel="nofollow">in two types of markets and give examples of each (5 marks) (b) Defin" rel="nofollow">ine a public good and give examples of public goods (5 marks) (c) Explain" rel="nofollow">in the three ways in" rel="nofollow">in which government in" rel="nofollow">intervenes in" rel="nofollow">in the market and give examples (5 marks) (d) Explain" rel="nofollow">in the four key macroeconomic policy objectives that governments typically pursue. (5 marks) (e) Explain" rel="nofollow">in the circular flow of in" rel="nofollow">income in" rel="nofollow">includin" rel="nofollow">ing the in" rel="nofollow">inner flow, withdrawals and in" rel="nofollow">injections. (5 marks) Question 3 (25 marks) (a) Defin" rel="nofollow">ine and give examples of each of the four major areas of fin" rel="nofollow">inance (5 marks) (b) Explain" rel="nofollow">in the determin" rel="nofollow">inants of market in" rel="nofollow">interest rates in" rel="nofollow">includin" rel="nofollow">ing the various types of risk premiums (5 marks) (c) Explain" rel="nofollow">in the four basic fin" rel="nofollow">inancial statements, in" rel="nofollow">includin" rel="nofollow">ing formats and purpose. (5 marks) (d) Use the Marks and Spencer 2014 Annual Report fin" rel="nofollow">inancial statements on pages 88-91 of the Annual Report. Use the followin" rel="nofollow">ing lin" rel="nofollow">ink or see GSM Learn for the Annual Report. Lin" rel="nofollow">ink: http://corporate.marksandspencer.com/in" rel="nofollow">investors/b73df1d3e4f54f429210f115ab11e2f6 You are required to calculate four (4) ratios – one (1) of each of the followin" rel="nofollow">ing categories - liquidity ratios, market value ratios, debt management ratios and asset management ratios – and explain" rel="nofollow">in what each ratio means for Marks and Spencer in" rel="nofollow">in the UK economy. (10 marks) Question 4 (25 marks) (a) Describe the importance of capital budgetin" rel="nofollow">ing decisions and the general process that is followed when makin" rel="nofollow">ing in" rel="nofollow">investment (capital budgetin" rel="nofollow">ing) decisions (5 marks) (b) Describe how the net present value (NPV) technique is used to make in" rel="nofollow">investment (capital budgetin" rel="nofollow">ing) decisions (5 marks) (c) Explain" rel="nofollow">in the yield curve in" rel="nofollow">includin" rel="nofollow">ing the reasons why yield curves differ. Use diagrams. (5 marks) (d) Two projects bein" rel="nofollow">ing considered are mutually exclusive and have the followin" rel="nofollow">ing projected cash flows: Year Project A Project B 0 -$50,000 -$50,000 1 15,625 0 2 15,625 0 3 15,625 0 4 15,625 0 5 15,625 99,500 If the required rate of return on these projects is 10 percent, which would be chosen and why? Show your calculations/explanations. (10 marks)