ECO203 International Economics End of Course Assessment Questions January Semester 2025 | SUSS

ECO203 Instructions to Students:

This End-of-Course Assessment paper comprises 8 pages (including the cover page).  

You are to include the following particulars in your submission: Course Code, Title of the ECA, SUSS PI No., Your Name and Submission Date. 

Late submission will be subject to the marks deduction scheme. Please refer to the Student Handbook for details.

ECA Submission Guidelines  

Please follow the submission instructions stated below:  

A - What Must Be Submitted 

You are required to submit the following THREE (3) items for marking and grading: 

• A Report (you should submit this item first, as it carries the highest weightage).
• A Video Presentation: refer to Canvas T/TG/RESIT course site > Assignments > ECA_VIDEO for the step-by-step guide on how to submit the video.
• The set of PowerPoint slides, converted to PDF, upon which the video presentation is based. 

Please verify your submissions after you have submitted the above THREE (3) items.  

B - Submission Deadline 

• The THREE (3) items of Report, Video and Presentation Summary are to be submitted by noon on the submission deadline.
• You are allowed multiple submissions till the cut-off date for each of the THREE (3) items.
• Late submission of any of the THREE (3) items will be subject to a mark deduction scheme by the University. Please refer to Section 5.2, Para 2.4 of the Student Handbook.  

C - How the (3) Items Should Be Submitted 

• The Report: submit online to Canvas via TurnItIn (for plagiarism detection)
• The Video: submit online to Canvas (refer to Canvas T/TG/RESIT course site > Assignments > ECA_VIDEO for the step-by-step guide on how to submit the video)
• The Presentation Summary: 

Submit online to Canvas via TurnItIn (PPT must be converted to PDF, and submission is in PDF only) 

The PPT must contain at least 20 words 

• Avoid using a public WiFi connection for submitting large video files. If you are using a public wireless (WiFi) connection (e.g. SG Wireless in public areas), you might encounter a break in the connection when sending large files. 

D - Additional guidelines on file formatting are given as follows

E - Please be Aware of the Following 

Submissions in hardcopy or any other means not given in the above guidelines will not be accepted. You do not need to submit any other forms or cover sheets (e.g. form ET3) with your ECA.  You are reminded that electronic transmission is not immediate. The network traffic may be particularly heavy on the date of the submission deadline, and connections to the system cannot be guaranteed. Hence, you are advised to submit your work early.

Canvas will allow you to submit your work late, but your work will be subject to the mark-deduction scheme. You should therefore not jeopardise your course result by submitting your ECA at the last minute.  

It is your responsibility to check and ensure that your files are successfully submitted to Canvas.  

F - Plagiarism and Collusion  

Plagiarism and collusion are forms of cheating and are not acceptable in any form in a student’s work, including this ECA. Plagiarism and collusion are taking work done by others or work done together with others, respectively, and passing it off as your own. You can avoid plagiarism by giving appropriate references when you use other people’s ideas, words or pictures (including diagrams). Refer to the APA Manual if you need reminding about quoting and referencing. You can avoid collusion by ensuring that your submission is based on your effort.    

The electronic submission of your ECA will be screened by plagiarism detection software. For more information about plagiarism and collusion, you should refer to the Student Handbook (Section 5.2.1.3). You are reminded that SUSS takes a tough stance against plagiarism or collusion. Serious cases will normally result in the student being referred to SUSS’s Student Disciplinary Group. For other cases, significant mark penalties or expulsion from the course will be imposed.  

G - Use of Generative AI Tools (Allowed)  

The use of generative AI tools is allowed for this assignment. 

• You are expected to provide proper attribution if you use generative AI tools while completing the assignment, including appropriate and discipline-specific citation, a table detailing the name of the AI tool used, the approach to using the tool (e.g. what prompts were used), the full output provided by the tool, and which part of the output was adapted for the assignment;
•  To take note of section 3, paragraph 3.2 and section 5.2, paragraph 2A.1 (Viva Voce) of the Student Handbook;
• The University has the right to exercise the viva voce option to determine the authorship of a student’s submission should there be reasonable grounds to suspect that the submission may not be fully the student’s work.
• For more details on academic integrity and guidance on responsible use of generative AI tools in assignments, please refer to the TLC website for more details;
• The University will continue to review the use of generative AI tools based on feedback and in light of developments in AI and related technologies.

Important Note: Grading of TMA/GBA/ECA Submissions 

Marks awarded to your assignment are based on the following guidelines: 

1. 80% of the marks are allocated to the content of your answers:

• The marks awarded to what your answers cover depend on the extent to which they cover the key points that correctly and comprehensively address each question. 
• The key points should be supported by evidence drawn from course materials and, wherever relevant, from other credible sources. 

2. 20% of the marks are allocated to the presentation of your answers:  

Wherever applicable, the marks awarded for how your answers are presented depend on the extent to which your answers:  

• form a sound reasoning by developing those key points in a clear, logical and succinct manner; 
• provide proper and adequate in-text citations and referencing to content drawn from course materials and other credible sources;
•  strictly follow APA formatting and style guidelines[1], in particular for: 

in-text citations and end-of-report references; 

the identification of figures and tables; 

• use, wherever relevant, the specialised vocabulary and terminology commonly used in discussions about the topic(s) covered by each question;
• provide a reference or bibliography at the end of the main report.
• include the less relevant details in an Appendix;
• use sentence constructions that are grammatically and syntactically correct;
• are free from spelling mistakes; present the workings, numerical formulations and results in a logical manner that follows the APA formatting and style guidelines;
• design and present graphs, diagrams and plots that follow the APA formatting and style guidelines;  
• are highly original;
• have proper formatting, which may: 

include a properly formatted cover page; 

respect the answer length/word count set out in the assignment guidelines, if any is prescribed; 

present answers in paragraphs with proper spacing and page margins; 

include page numbers and appendices, if necessary.

Section A (Total 65 marks) 

Answer all questions in this section.   

Question 1a  

Assuming there are only two countries, Country X and Country Y, trading with each other. Discuss how changes in the national income of Country X can lead to a repercussion effect on its trading partner, Country Y. Using the income determination model, illustrate it with a numerical example when Country X increases its autonomous investment spending by 100 million dollars.   

Country X’s marginal propensity to save is 0.10 and marginal propensity to import is 0.40. Country Y’s marginal propensity to save is 0.20, and its marginal propensity to import is 0.30. (15 marks)  

Question 1b  

In the past few decades, Singapore’s Central Bank, the Monetary Authority of Singapore (MAS), has been maintaining a strong Singapore dollar. Examine the reasons for having a strong Singapore dollar and what the possible problems Singapore might encounter. (Word limit: 500 words)  (15 marks)  

Question 2a  

Assuming South Korea uses the flexible exchange rate system, and its economy is currently in a recession and has a balance of payment surplus with inflationary pressure. Discuss and illustrate a suitable macroeconomic policy mix to address these problems for South Korea’s economy. (Word limit: 500 words)     (15 marks) 

Question 2b  

What are the likely consequences of a trade war when the new president of the USA, Donald Trump, imposed new tariffs of Chinese goods on imports from China? Discuss the potential effects on the economic growth and the trade balance between the two countries. (Word limit: 600 words)  (20 marks)

Section B (Total 25 marks) 

Answer all questions in this section.  

Question 3  

For Question 2b, prepare a video recording of the presentation of at least 3 minutes but not exceeding 6 minutes. Refer to Canvas T/TG/RESIT course site > Assignments > ECA_VIDEO for the step-by-step guide on how to submit the video. (25 marks)  

Section C (Total 10 marks) 

Answer all questions in this section.  

Question 4  

Prepare a set of PowerPoint presentation slides upon which the video presentation is based. Please note that the PowerPoint must be converted to PDF before submission to Canvas. (10 marks)