Tutorials constitute a critical learning experience of this unit, within which the tutor will facilitate a highly student-centred discussion of answers to pre-set questions. A tutorial is also an active forum to present to the tutor difficulties you may have encountered when preparing for the questions. Students are required to participate in tutorial classes and submit homework in order to earn 10% of the unit mark.

Tutorial assessment includes two components: Homework (5%) and Participation (5%).

1. By "Homework", students are required to attempt tutorial questions before each class and submit the answers to the tutor. You will be awarded the entire 5% if you submit homework for at least 8 tutorial classes (out of 11 in total). For each submission less than 8, 1% will be deducted from the 5% allocated for homework (i.e, if you make 7 submissions, you will be awarded 4%; 6 submissions 3% and so on. If you make 3 or fewer submissions you will not receive any marks for this component). To make each submission count: (i) you must attempt at least 2 questions. (Note that it does not matter if your answer is right or wrong, your attempt is important); (ii) your answer must be written on a piece of paper with your name and student ID on it, and submit it to your tutor at the beginning of the class.
2. By "Participation", we will assess how active you are in the class, such as how often you answer your tutor's question, and/or ask him/her a question. Based on your activity throughout the whole session, you will be awarded the whole 5% or a part thereof. It is your responsibility to get engaged in the tutorial class, that means if you prefer to sit back and just listen, you may receive 0% for this component. (Note that: there is no mark for attendance only.)

Altogether tutorial homework and participation will contribute 10% to your final mark in this unit.

If you are unable to attend a class due to illness or misadventure, you may apply for Disruption to Studies (see the Policies and Procedures section for details). And if you get approval, your tutorial mark will be reweighted and converted to the final exam's mark.

(Note: Most of the tutorial questions are from the textbook. Tutorial solutions will be made available on iLearn at the end of each week.)

A 90-minute test (including multiple choice questions and written-answer questions) will be held in place of the lecture in Week 6. This test is an indication of the form of the final examination. The test will cover chapters 3 to 7 of the text (to be confirmed during lecture).

Failure to attend the class test without the submission of an application for Disruption to Studies on the grounds of illness or unavoidable mishap together with the required supporting documentation (see the Policies and Procedures section for details) will result in a mark of zero for the assessment.

If the application for Disruption to Studies is accepted, the student will have to take a supplementary test which could be an oral test.

This assignment will assess students' ability to apply microeconomic principles to explain and analyze real-world problems. Students will be given a set of reading articles (mainly up-to-date news articles) and use the information from the articles to answer the questions. The assignment will cover all topics up to the topic before the submission date.

Each assignment must represent the student's own work. In particular, this means that the written answers submitted by the student should be composed by that student. Copying of another student's answer or from textbooks, or getting someone else (with or without payment) to do the assignment for you, or part thereof, is clearly regarded as plagiarism. Cases of plagiarism will be dealt with severely. For further information on plagiarism and how to avoid it, please refer to the university policy about academic honesty and integrity.

Late submission will be accepted up to 72 hours after the submission deadline. There will be a deduction of 20% of the total available marks for each 24 hour period, or part thereof, that the submission is late (for example, 25 hours late in submission means a 40% penalty). This penalty does not apply for cases in which an application for Disruption to Studies is made and approved. Failure to submit the assignment will result in a mark of zero.

A 2 hour final examination for this unit will be held during the University Examination period. For details check: http://www.timetables.mq.edu.au/exam. The examination will contain multiple choice questions and written-answer questions.

The conditions for the requesting and granting of Disruption to Studies are set out in the Policies and Procedures section of this Unit Guide. If a Supplementary Examination is granted as a result of the Disruption to Studies process, the examination will be scheduled after the conclusion of the official examination period. You are advised that it is Macquarie University policy not to set early examinations for individuals or groups of students. All students are expected to ensure that they are available until the end of the teaching semester, the final day of the official examination period. Also, although the material coverage for the Supplementary exam would be the same as the final exam, it will include ALL written answers questions (NO multiple choice questions).