Late submissions of assessments  

Unless a Special Consideration request has been submitted and approved, no extensions will be granted. There will be a deduction of 10% of the total available assessment-task marks made from the total awarded mark for each 24-hour period or part thereof that the submission is late. Late submissions will only be accepted up to 96 hours after the due date and time.

No late submissions will be accepted for timed assessments – e.g., quizzes, online tests.

Table 1: Penalty calculation based on submission time

Submission time after the due date (including weekends)	Penalty (% of available assessment task mark)	Example: for a non-timed assessment task marked out of 30
< 24 hours	10%	10% x 30 marks = 3-mark deduction
24-48 hours	20%	20% x 30 marks = 6-mark deduction
48-72 hours	30%	30% x 30 marks = 9-mark deduction
72-96 hours	40%	40% x 30 marks = 12-mark deduction
> 96 hours	100%	Assignment won’t be accepted

Special Consideration  

To request an extension on the due date/time for a timed or non-timed assessment task, you must submit a Special Consideration application. An application for Special Consideration does not guarantee approval.

The approved extension date for a student becomes the new due date for that student. The late submission penalties above then apply as of the new due date.

Assessment Tasks

Name	Weighting	Hurdle	Due
Online Participation	15%	No	Refer to iLearn
Assessed Coursework	55%	No	Refer to iLearn
Final Exam	30%	No	Exam Week

Online Participation

Assessment Type ¹: Participatory task Indicative Time on Task ²: 30.00 hours Due: Refer to iLearn Weighting: 15%

Participation in online discussion forums. Online discussions and tasks will be conducted during the term. You are required to participate actively in these forums, and your contributions will be assessed.

On successful completion you will be able to:

• Apply mathematical skills to finance based problems.
• Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
• Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
• Analyse data using the key concepts, models and theories used in probability and statistics.
• Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.

Assessed Coursework

Assessment Type ¹: Case study/analysis Indicative Time on Task ²: 40.00 hours Due: Refer to iLearn Weighting: 55%

You will be required to participate in a variety of assessment tasks for Economic Analysis and Quantitative Analysis. These will include written activities, online quizzes and project based learning.

On successful completion you will be able to:

• Apply mathematical skills to finance based problems.
• Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
• Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
• Analyse data using the key concepts, models and theories used in probability and statistics.
• Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.

Final Exam

Assessment Type ¹: Examination Indicative Time on Task ²: 12.00 hours Due: Exam Week Weighting: 30%

Online Exam via iLearn on all Topics

On successful completion you will be able to:

• Apply mathematical skills to finance based problems.
• Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
• Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
• Analyse data using the key concepts, models and theories used in probability and statistics.
• Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.

¹ If you need help with your assignment, please contact:

• the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
• the Writing Centre for academic skills support.

² Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

REQUIRED AND RECOMMENDED TEXTS AND/OR MATERIALS

Required Text:

The required textbooks for this unit are:

• Microeconomics: Principles and Practice, 2^nd edition (2017) by Frost, Taylor,  Weerapana, Schuwalow, Cengage Learning. This textbook, only available as an e-text, can be found at: https://www.vitalsource.com/en-au/products/microeconomics-principles-and-practice-lionel-frost-john-taylor-v9780170278973  
• Basic Business Statistics, 5th edition (2018) by Berenson, Levine, Szabat, O’Brien, Watson and Jayne, Pearson Australia (ISBN 9781488617249). Details on the textbook can be found at https://pearson.com.au/9781488617249. The textbook is available from the publisher's website as a paperback or as a VitalSource eText. The textbook is also available as a paperback from Booktopia.

Additional Readings:

• Additional readings are included iniLearn.
• Students should assume these readings are examinable unless otherwise advised.

Assumed Knowledge: Mathematical content

• This unit has a high level of numerical content. Consequently, this unit is mathematical and arithmetical. The applied nature of this unit means that the focus is on application of knowledge rather than complex mathematical derivations. To help prepare students for the numerical content in this unit, students will find a Fundamental Maths Quiz in iLearn. This will allow students to test their existing mathematics knowledge. Details on the quiz can be found iniLearn.

Assumed Access: Access to a computer with word processing and spreadsheet capability is assumed, as is general student computer literacy. In particular, students need access to a version of Microsoft Excel which includes regression analysis.

TECHNOLOGY USED AND REQUIRED

This is an online unit which will make use of the University's iLearn system.

Unit's iLearn Site:

• Found by logging on to iLearn ilearn.mq.edu.au, then clicking on AFCP6018 Quantitative and Economic Analysis.
• This is where you will find forums, downloadable resources and links to important pages.
• The forum allows you to communicate with other students and lecturer(s) and may provide supplementarymaterial.
• You are requested to post your questions on the forums at least 24 hours prior to the assessment submission date or the examination date. Questions posted after that time may not be answered. Please ensure that you do not leave your questions to the last few days.

Important Notice:

• It is important that you familiarise yourself with the unit’s iLearnsite.
• All students should check iLearn regularly and look for updates and distribution of materials related to the unit or assessments and participate in forum discussions.

The following schedule is a guide to the timing of each topic. Details of the required readings are provided in iLearn.

Week	Topic
0	Topic 0: Essential pre-work
1	Key concepts, supply & demand model
2	Topic 2: Market analysis & elasticity
3	Topic 3: Cost curves & the competitive market
4	Topic 4: Market structures
5	Complete Economic assessment tasks
5	Topic 5: Descriptive statistics
6	Topic 6: Probability & random variables
	Topic 7: Statistical estimation & inference
9	Topic 8: Correlation, regression & indices
11	Complete quantitative assessment tasks Exam preparation start
12	Online exam period