Class test:

Your class test is 1 hour 20 minutes plus 10 minutes reading time. It will be based primarily on questions along the lines of the numeric/short answer tutorial questions on lectures presented from weeks 1 to 5 and will contain some multiple choice questions.

If you miss the test due to illness or misadventure you should apply for disruption of studies. If the application is approved some alternative assessment task will be offered.

Review essay

Write an 1500 word summary and evaluation of an academic paper on international monetary policy.  The list of papers to choose from will be provided in week 3.  By “review essay” we mean a summary in your own words of the article you have chosen to review, together with an appraisal of it. Choose your own preferred proportions of summary and appraisal. You will receive a slightly higher mark if, other things equal, the article you choose to review is comparatively difficult. Your bibliography need not be extensive. Keep a copy of your essay.

You need to submit a hard copy of your assignment in Week 9's class and a soft copy to turnitin. No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for disruption of studies is made and approved.

You will be allocated to a group in week 4. You need to choose a topic that interests you in either international economics or monetary policy, and consult with your unit convenor about your choice by week 6 (5th April). If you fail to do so you will lose all the marks for this assessment. If there is more than one group that wants to present on the same topic, then the topic will be allocated to the group that first emailed their choice to the unit convenor. 

Each group will have 20 minutes to present, followed by 5-10 minutes discussion with your fellow students and the lecturer. If you choose a topic that relates to an event, please discuss the background, how the event evolved over time and what were the policies implemented. If you choose a topic that relates to an issue, please introduce the background of the issue. Regardless of your topic, you should discuss potential policy implications and your understanding of the topic. All members of the group are expected to conduct part of the presentation and participate in the discussion.

This assessment accounts for 15% of the total mark. Out of this 15%, 10% will be allocated to the presentation (with 5% being awarded for group work and 5% for individual presentation) and 5% will be allocated to the class participation (this is an individual mark), eg: discussions on others' presentations. To secure the 5% for discussion, those who participated in the discussion of others' presentations need to record their name and ID with the lecturer at the end of lecture in both weeks 12 and 13 (2.5% each). 

The actual presentation will take place in weeks 12 and 13 in the lecture. However, all groups need to email their presentation slides to the unit convenor by 5pm on Friday in week 11 (26th of May). Groups that fail to do so will lose 5% (out of 15%) of their mark. The following list contains sample topics that may interest you:

• Asian financial crisis
• International monetary policy coordination
• Internationalization of Renminbi
• Monetary policy under crisis
• Carry trade

Final examination

The closed book final examination will be held during the official examination period from 13  to 30 June. The examination will be based on all lecture and tutorial material from the course, with an emphasis on material presented after the mid-session class test.

If students  do not sit the final they will get 0 for the exam. That penalty does not apply in cases where an application is made under disruption to studies and the application is approved. In that case the student will be required to sit a supplementary exam