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Exam replacement assessment /2548

Given the ongoing pandemic, the final exam has been replaced with a piece of coursework that draws from the essay questions that would have been set for the exam.

  • 1000 words (+/- 10%) essay
  • represents 50% of final grade
  • submission deadline: 11.59am on Friday 14th May 2021

Select and answer only ONE question from the SIX below (all questions are equally weighted)

  1. Discuss why ideological bias might be seen as a concern within economics and elaborate on how issues of ideological bias might be addressed in the future.
  2. Explain how Walzer’s ‘blocked exchanges’ relate to Sandel’s concerns regarding a ‘market society’ and assess the extent to which blocked exchanges can act as barrier to marketisation.
  3. What reforms to corporate taxation might address the issues of tax competition and corporate tax avoidance, and how likely are such changes to be made?
  4. Discuss the role of reference points and loss aversion in Kahneman and Tversky’s prospect theory and analyse what impact their view of decision-making has had on economics.
  5. Using specific examples, assess how firms may seek to exploit consumers’ biases and discuss the broad approaches to policy measures market regulators may pursue.
  6. “For over 60 years, economic thinking told us that GDP growth was a good enough proxy for progress, and that it looked like an ever-rising line. But this century calls for quite a different shape and direction of progress.”
    (Raworth, 2017:53)
    To what extent does ecological economics offer the means to reframe the nature and scope of economics in ways that will effectively address the global climate emergency?

Learning outcomes

Assessments relate directly to the module’s learning outcomes (below). The coursework’s assessment criteria will reflect the following learning outcomes:

  1. Demonstrate awareness of debates within and about economics
  2. Discuss and analyse economic issues, utilising suitable tools of analysis
  3. Critically assess applications of selected micro and macro models to contemporary economic contexts, with awareness of alternatives to orthodox theory
  4. Critically survey published literature from a variety of sources and engage effectively with online research tools.

Assessment criteria

The essay must:

  • Provide evidence of relevant reading and research.
  • Demonstrate a clear and concise writing style.
  • Demonstrate the student’s understanding of any theoretical concepts that the question addresses.
  • Show that reflection and development from in-class discussion and lecture materials has occurred.
  • Draw appropriate conclusions that fit with the preceding analysis.


  • The essay should be typed in 12 point Arial or Helvetica (with 1.5 line spacing) and follow an essay-style format.
  • It should identify a minimum of five “academic” sources. “Academic” sources are textbooks, academic journal articles and, at this level, business analysis sources such as The Economist.
  • The word count excludes the title page, reference list and any appendices.
  • The maximum word count is 1100 words. Essays should not be less than 900 words.
  • It must be submitted in digital form to the Turnitin assignment drop-box on the module’s Blackboard site. Digital submissions must be received by the assignment deadline. Don’t assume instantaneous delivery.
  • Good referencing and academic practice will be credited, as will good standards of written English.
  • Any evidence of plagiarism will be dealt with severely in accordance with DMU regulations.
  • Late submissions will be penalised.

Grading and feedback on the assessment will be provided using this pro forma (see weightings and mapping of learning outomes).

What to do in the event that Turnitin is not available

  • Check the module site on Blackboard for any announcements regarding assignment submission.
  • If there are no announcements, notify your tutor, particularly if you experience problems within 24 hours of the assessment deadline. Wherever possible, do so using your DMU email account.
  • If the problems occurred during or after you submitted your work, keep the submission receipt (and receipt number) for the Turnitin submission. Also record any possible error messages displayed. If you are able to do so, take a picture or a screen-grab of the error message. Please include these in your email notification to the tutor.
  • If you are unable to upload your assignment due to Turnitin failure, please submit your work via email to the Module Leader to meet the original deadline.

Students will not be penalised for the late submission of work if there is a general technical failure in the mechanism for submission (ie unavailability of Blackboard and/or Turnitin). If necessary, an alternative method of submission will be made available and a new deadline set.