economics sba guideline

8/18/2019 Economics Sba Guideline

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2015

The St. Michael Scho

ECONOMICS SBA


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Introduction to the CAPE Economics School Based

Assessment

The internal assessment contributes 20% to the candidates’ final mark. It takes the form of a

report (2000-2500 words) which should be presented in a soft folder (! si"e)# t$ped in Times

ew &oman# font si"e '2 and double spaced. ach ection must start on a new pa*e.

The chool +ased ssessment (+) will be submitted in a series of drafts once information has

been collected.

The research pro,ect proides an opportunit$ for candidates to demonstrate that the$ hae a

comprehensie knowled*e of applicable theories# concepts and models that the$ would hae

learned durin* their course of stud$. The candidates hae the chance to appl$ economic concepts

and principles to sole eer$da$ problems.

The ob,ecties to be attained b$ the end of the pro,ect should be based on the content of one# two

or all three modules of the unit.


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Format

The pro,ect should hae the followin* format

(a) Title pa*e

(b) cknowled*ements

(c) Introduction

(d) /ethodolo*$

(e) &eport which includes

(i) resentation of data

(ii) nal$sis of data

(iii) aluation

(i) &ecommendations

(f) ppendices

(i) 1uestionnaire

(ii) etter to 3r*anisation

(*) +iblio*raph$


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Introduction

The introduction introduces the reader to the topic which is bein* researched. econdl$# it must

state the aims and ob,ecties the researcher hopes to achiee when completin* the pro,ect. ims

are onl$ *eneral statements. To *et more specific the candidate should state ob,ecties which

help $ou achiee the aim. There should be at least two (2) aims and three (4) ob,ecties. Always

begin each objective with the word ‘To’. ast but not least *ie a brief back*round of the

business. ee sample +.

our ob,ecties should be*in with terms such as

• To determine

• To ealuate

• To what e6tent


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Methodology

This section discusses the techni7ues and process the researcher followed in order to collect data

for the research. It includes

• 8iscussion of the methodolo*$ used in the research (e.*. case stud$# primar$ research#

secondar$ research).

• 3utline the research desi*n (e.*.# 7uantitatie# 7ualitatie).

• 9ie details of the t$pe and sample si"e and who were the participants in $our stud$.

• ist and briefl$ describe all the instruments (e.*.# sure$s# obserations# interiews#

7uestionnaires) used in $our stud$ for data collection and discuss their adanta*es in usin*

these instruments.

• 9ie a brief description of how# when (in what order) and where the instruments were

administered (for e6ample# field# classroom or laborator$ procedures) and how the data was

recorded.

• 8iscuss how $ou plan to anal$se the data (e.*. :sin* descriptie statics)

• Identif$ an$ limitations in the stud$.


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Reort

The report consists of the Presentation of Data, Analysis of Data and val!ation of Data.

This "!st be between #$$$%#&$$ words.

Presentation o! "ata

This section *ies details of all the results of $our stud$. . resent the findin*s;results in tables or

charts where appropriate. The words used in tables# charts and *raphs are not counted in the

word limit. The results should be reported with respect to proidin* eidence for $our research

ob,ecties.

Analysis o! "ata

This section is to tie in the findin*s with an$ relationships to economic literature of concepts#

models# theories and laws that relates to $our stud$. In other words $ou will match what $ou find

to the literature (ou are answerin* the 7uestion are $our findin*s consistent with an$ economic

literature). The best wa$ to tackle the anal$sis is to define concepts# state laws or theories and

*ie features of economics from literatures and then show how the law;concept;theor$;feature is

put into practice in the research. ometimes the candidate mi*ht realise that the economic theor$

is not reflected in the results of the research.


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E#aluation

This section *ies an oerall conclusion about the results found in the stud$. It should also state

if it would hae an$ positie or ne*atie impacts in societ$.

Recommendations

n$ research should identif$ problems. The researcher should make su**estions as to how an$

problems could be soled.

Bi$liograhy

This is a record of all sources cited in the chool +ased ssessment. The biblio*raph$ should

contain at least three sources. ources should be written in alphabetical order as follows

'or te(ts

uthor(s) last name# uthor(s) initials. (ear of publication in brackets). Name of source in

italics. lace of publication ublisher

'or websites


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uthor(s) last name# uthor(s) initials. (ear of publication in brackets). Name of source in

italics. &etrieed date# from website


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MAR% SC&EME

MA*+- S/0M '1* -T*-A2 ASSSSM-T

+nowledge)Presentation)Methodology 345 "ar6s7

(Includes marks for communicatin* information in a lo*ical wa$ usin* correct *rammar)

The student has

'. demonstrated a *rasp of the meanin* of basic economic facts# concepts and principles=

2. e6plained familiar economic phenomena in terms of theories# models# laws and principles=

4. deeloped a research desi*n that proides a sound and efficient basis for drawin*

reasonable conclusions.

Application)Analysis 3#$ "ar6s7


The student has

'. used the ma,or economic concepts# principles and procedures in unfamiliar situations#

transformed economic data accuratel$ and appropriatel$# used common characteristics as

a basis for classification=


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2. identified and reco*nised the component parts of an economic theor$ or concept and

interpreted the relationships between these parts=

4. inferred# predicted and drawn conclusions usin* releant economic data=

!. made releant and accurate calculations and reco*nised the limitations of economic data=

5. selected appropriate economic theories > matched# compared and cited appropriate

e6amples in familiar situations.

val!ation Synthesis 348 "ar6s7


The student has

'. combined component parts to form a new meanin*ful whole# made predictions and

soled problems=

2. made reasoned ,ud*ements and recommendations based on the alue of ideas and

information.


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/o""!nication 39 "ar6s7

/andidates will be awarded 9 "ar6s, for co""!nicating infor"ation in a logical way !sing

correct gra""ar.

The student has

'. presented ar*uments in a clear# concise# reasoned and ob,ectie manner usin* correct

*rammar=

2. used presentation aids such as *raphs# charts and tables to communicate information in a

lo*ical wa$=

4. displa$ed lo*ic and coherence in e6pressin* economic ar*uments=

!. used proper referencin* and citations of source materials. :sin* the e6ample of the

standard ?hica*o manual st$le is recommended.


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SAMP'E SBA 1

Introduction

@a*e differentials can be defined as the differences in wa*e rates between workers in the

same industr$ or between those with comparable skills in different industries or localities.

Aarious factors can affect the wa*es distributed within a compan$ or an industr$. ome of the

releant factors can include= different skill leels# differences in productiit$ and reenue

creations and emplo$er discrimination.

8ifferences in wa*es e6ist within man$ industries.


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Aims& Objectives

The aims of this research pro,ect are

•

To e6plain the concept of wa*e differentials in relation to the labour force within the

compan$

• To inesti*ate the attributes that contributes to the wa*e differences of the emplo$ees of

/.I..

The ob,ecties are

• To e6plain the concept of wa*e differentials

• To identif$ the factors affectin* the differences of wa*es at /.I.

• To compare and contrast actual findin*s from this stud$ and those of other literatures.


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Methodology

To criticall$ obtain the data needed for this research pro,ect# primar$ and secondar$

sources were used. The primar$ data was collected b$ administerin* 7uestionnaires. The

7uestionnaires were administered to 20 indiiduals= these indiiduals were all the emplo$ees of

the compan$ e6cludin* on *eneral worker. selection from each ,ob title was needed to

differentiate the wa*es ade7uatel$. The adanta*es of usin* 7uestionnaires are= the$ were eas$ to

administer and it saed time as a lar*e number of 7uestionnaires could be administered at the

same time. The secondar$ method of collectin* data included the use of te6tbooks and arious

online sources. The benefit of this source is the proision of a ariet$ of necessar$ information.

The data was anal$"ed usin* a 7uantitatie approach b$ the presentation of charts. The charts

were then compared with literatures.

Limitations of Data Collection

The limitations of the use of 7uestionnaires are# the respondent ma$ lie# for*et or lack

information and also the respondents left on their own ma$ not be concerned about the

importance of the 7uestions.


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the 7uestionnaires# each ran*in* from different sectors of the compan$. fter the administration

of the 7uestionnaires# the data was anal$sed and presented into tables and charts. In the anal$sis

the data from the table and charts was compared with literature relatin* to the topic. n

ealuation was then made from the anal$sed data and finall$ recommendations were made. In

the recommendations# points were made to correct an$ problems faced b$ the distribution of

wa*es in the compan$.


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Presentation of Data

:ob Title Se( Age *ange ;ears at

co"pany3appro(i"ate7

Managing

Director

Male &4%&& 1ver #$ years /=/

A%levels

Associate

Degree

Ad"inistrative

Manager

'e"ale &4%&& 44%#$ /=/

A%levels

Associate

Degree

Sales S!pervisor Male >4%>& 4%& /=/

A%level

Prod!ction

S!pervisor

'e"ale &4%&& 1ver #$ years /=/

Prod!ction

?or6er 347

'e"ale >4%>& 4%& /=/

Prod!ction

?or6er 3#7

'e"ale 54%5& 4%& /=/

Prod!ction

?or6er 3>7

'e"ale #4%#& 4%& /=/

Prod!ction

?or6er 357

'e"ale #@%>$ 4%& /=/

Prod!ction

?or6er 3&7

'e"ale #4%#& 4%& /=/


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Prod!ction

?or6er 3@7

'e"ale #@%>$ 4%& /=/

Prod!ction

?or6er 387

'e"ale 5@%&$ 4%& /=/

Sales"an 347 Male #4%#& 4%& /=/

Sales"an 3#7 'e"ale #@%>$ @%4$ /=/

Sales"an 3>7 Male #@%>$ @%4$ /=/

Sales"an 357 Male >4%>& @%4$ /=/

Delivery Man

347

'e"ale >@%5$ 4%& /=/

Delivery Man

3#7

Male #@%>$ 4%& /=/

1ffice Ad"in 347 'e"ale >@%5$ @%4$ /=/

1ffice Ad"in 3#7 'e"ale 54%5& @%4$ /=/

eneral ?or6er 'e"ale 54%5& @%4$ -one

Table 4 9eneral information of the emplo$ees of /.I.

1cc!pational 2evel Salary *ange B)per year

Managing Director '00 000

Ad"inistrative Manager C5 000

Sales S!pervisor 50 000

Sales"an 25 000 > 40 000

Prod!ctive S!pervisor 25 000

Prod!ctive ?or6er 20 000 > 2! 000

1ffice Ad"inistration 2! 000 > 25 000

Delivery Man '5 000


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eneral ?or6er '2 000

Table # 3ccupation leel and salar$ ran*e of emplo$ees

'ig!re 4 ie chart showin* the male to female ratio within the compan$


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'ig!re # ie chart showin* the number of emplo$ees who had preious e6perience before bein*

hired.

;es -o

Managing Director roductie worker (2)

Ad"inistrative Director roductie worker (4)

Sales S!pervisor roductie worker (!)

Prod!ction S!pervisor roductie worker (5)

Prod!ction ?or6er 347 roductie worker (C)

Prod!ction ?or6er 3@7 alesman (4)

Sales"an 347 9eneral worker

Sales"an 357

Sales"an 3#7

1ffice Ad"in 347

1ffice Ad"in 3#7Delivery Man 347

Delivery Man 3#7

Table > howin* which emplo$ees hae e6perience

'ig!re > ?olumn chart showin* aera*e wa*es and *e &an*e


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'ig!re 5 +ar chart showin* the period of trainin* for the arious ,ob titles.

'ig!re & +ar chart showin* occupational leel with re*ard to aera*e wa*e.


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Analysis & Interpretation

Table ' illustrates the *eneral information of the emplo$ees of /.I.. The table is in an

ascendin* order from the hi*hest paid > the lowest paid. It is eident that the indiiduals who are

paid the hi*hest hae more distinct 7ualifications than other emplo$ees.


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/an$ beliee that a ma,or factor of wa*e differentials is se6 and *ender.


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to the compan$ bein* studied. @ithin /.I. roducts td the aera*e earnin*s fall between the

a*e of !-50 but then rises between the a*e of 5'- 55. This occurs because the hi*hest paid

indiiduals are the /ana*in* 8irector and the dministratie /ana*er who also happened to be

the oldest emplo$ees in the compan$.


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Evaluation

+ased on the definition of wa*e differentials and after anal$"in* the presented data from

the charts and table it can be said that eidence of wa*e *aps do e6ist within the or*ani"ation.

The empirical literature hi*hli*hted man$ factors that cause wa*e differentials= howeer# in this

research# the predominant factors that were found /.I. roducts imited were= the importance

of different ,ob titles in comparison to others# the skills re7uired and 7ualifications

1ualifications are not a ma,or factor for wa*e differentials in this case but it did hae

some kind of effect on how indiiduals are paid. In order to hae conclusie idea if factors is a

ma,or role a research across industries will hae to be undertaken. 8espite this limitation# based

on /.I. roducts imited# the most 7ualified indiiduals are the hi*hest paid# whereas the

indiiduals who are not 7ualified or hae ,ust basic 7ualifications are amon* the aera*ed paid

and the lowest paid. The administration or the mana*ement of the compan$ also has had their ,ob

titles in the companies for the lon*est. This means the$ also hae $ears of e6perience as well as

7ualifications. lso within the compan$# some indiiduals of with the same ,ob description ma$

be paid hi*her.


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Recommendations

In closin*# from anal$"in* and ealuatin* the information that was *athered from this

stud$ I would make the followin* recommendations to /.I. roducts imited

• In terms of e6perience# emplo$ees who had preious e6perience before bein* hired

should hae hi*her income than other in their sector that has onl$ learnt about their

re7uirements from the trainin* periods.

• 3ffice dministration workers should be able to *et a promotion to hi*her paid ,obs# if

the$ work efficientl$ and learn the different tasks and re7uirements needed to be part of

the administration• fficient workers should be rewarded non-monetar$ incenties or end of $ear bonuses for

their hard work durin* the $ear

• If the compan$ is *ainin* substantial profits its possible the$ can inest in human capital

which would affect the efficienc$ of the compan$ positiel$

ibliography


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Appendi!

/$ name is KKKK.. and I am an conomics student at the t. /ichael chool. I am seekin*

to *ather information which would assist me in m$ conomics research assi*nment. The topic

of m$ assi*nment is @a*e 8ifferentials# which basicall$ describes the factors that affect how

wa*es are distributed in a compan$. The information collected in this 7uestionnaire will beconfidential. lease tick the bo6 where necessar$ or fill out the 7uestions. lease answer all

7uestions truthfull$.

ender /ale L M


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' $ear or more L M

!. 8id $ou hae an$ e6perience in the particular area before $ou were hiredN

es L M o L M

5. @hat are $our hi*hest 7ualificationsN

?6c L M ssociate 8e*ree L M 8iploma L M -leel L M +achelor’s 8e*ree L M 3ther L M

;(If other please specif$)

. @hat skills are used in performin* $ou ,obN

;

C. Dow lon* hae $ou been workin* at the compan$N

ess than ' $ear L M '-5 $ears L M -'0 $ears L M ''-20 $ears L M 3er 20 $ears L M

J. tate $our appro6imate wa*e ran*eN (er annum)

'2 000 L M '5000L M 40 000L M 50 000L M '00 0000 L M

B. Dow are $ou paidN

@eekl$ L M

er two weeks L M

/onthl$ L M

'0. re the$ a lot of competition for $our current positionN


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es L M o L M

''.

economics sba guideline

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