FACULTY OF COMMERCE,
MANAGEMENT & LAW
DISTANCE MODE ASSIGNMENT
LETTER
Academic Year 2022
Semester (1)
[BASIC MICRO ECONOMICS]
[EMI3571]
A MUST, TO READ THE ENTIRE DOCUMENT
Page 1 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
ACCOUNTING, ECONOMIC & MANAGEMENT
SCIENCES
1.
ASSIGNMENT ADMINISTRATION
CORE CALENDAR FOR DISTANCE AND ONLINE COURSES - 2022
MONTH
FEB
DATES
14 Feb -20
May
28 Feb – 07
June
ACTIVITIES
Schools
Lectures for First Semester – Senior Students
Lectures for First Semester – First Year Students
MARCH
SEMESTER 1 COMMENCES
10
eLearning Training
FIRST ASSESSMENT: SEMESTER 1 & YEAR MODULES
APRIL
11-14
14
11-14
21
22 – 24
9
Semester 1 Break
eLearning Training
Compulsory Virtual Vacation School
Due date: 1st Assessment of 1st Semester and Double Modules
Grace Period for assessment submission/ completion
All Schools
School of Accounting, School of
Business Management, Governance &
Economics
School of Law
MAKE UP /COMPENSATORY ASSESSMENT FIRST ASSESSMENT
Make-up assessment due date: Semester 1 Modules
School of Accounting, School of
– Only applicable if you score 1-39% in Assignment 1. Take note Business Management, Governance &
that a new assessment (test or assignment) is to be submitted.
Economics
School of Law
Page 2 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
SECOND ASSESSMENT: SEMESTER 1 MODULES
12
12
13 - 15
22
JUNE
31/May – 21
/June
13 - 24
15
04 - 08
04 - 08
11- 15
25
eLearning Training
Due date: 2nd Assessment of 1st Semester Modules only
Grace Period for assessment submission/completion
All Schools
School of Accounting, School of
Business Management, Governance &
Economics
School of Law
MAKE UP /COMPENSATORY ASSESSMENT SECOND ASSESSMENT
Make-up assessment due date: Semester 1 Modules
School of Accounting, School of
– Only applicable if you score 1-39% in Assignment 2. Take note Business Management, Governance &
that a new assessment (test or assignment) is to be submitted.
Economics
School of Law
Regular Exams for Senior Students
Regular Exams for First Year Students
eLearning Training
Mid-Year Recess
Winter Term
Supplementary examinations
All Schools
SEMESTER 2 COMMENCES
Lectures commence for 2nd Semester
For modules that will have online tests, all information shall be communicated well in advance. Kindly take note that some modules might
have 3 to 4 assessments. E.g.
2 assignments and 1 to 2 online tests. All necessary information will be shared timely.
Good luck!!
Page 3 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
2022 Distance Mode Assignments
[Basic Micro Economics – EMI3571]
Dear Student,
Welcome to the University of Namibia. We are confident that your studies and hard work will be rewarded with
success. We kindly advise that you obtain all the relevant information and booklets available for distance
students from your Moodle platform (including the 2022 Student Information Letter, Online Assignment
Submission Guide and other documents). These documents will provide guidance on how to approach
your studies and will guide you through your study materials as well as providing useful administrative
information in submitting assignments.
1. Study materials
Your study guide is essentially your “teacher/lecturer”. However, in addition, you are required to visit the library
to consult prescribed books and recommended readings that are indicated in the study guide as well as
browse the Internet in general. You are also responsible to purchase any prescribed textbooks required for
your respective courses/modules. Furthermore, you are strongly advised to follow the guidelines in the Online
Assignment Submission Guide available on Moodle.
2. Collaborative Learning
Unam avails all your modules through Moodle, enabling you to interact with your fellow students online through
forum discussions and chats. You can use the same platform to engage with your lecturers and tutors
regarding academic support. Please take advantage of Moodle to avoid isolation and strengthen your
interaction with colleagues, ask for help, and share/receive resources to aid your learning process. See below
how to access forum discussions on Moodle:
Figure 1: Forums in courses
3. Submission of assignments
It is very important to complete and submit a clean, clear and well-argued assignment for marking. Make sure
that you have understood the questions in order to answer them correctly. It is your responsibility to make
sure that every page of the completed assignment is correctly numbered before submitting your assignment.
As from 2017, ALL assignments are submitted through the Moodle Learning Management System. This
is an online platform where you will access all your modules and related information such as course outlines,
course notes and other learning materials that your lecturer/tutor may choose to share with you. Moodle is
accessible here: http://elearning.unam.edu.na. You should complete and submit all assignments on or before
the given due date in the assignment letter if you wish to obtain your CA marks and qualify for examinations.
Unam always updates its assignment covers on an annual and semester basis. Please ensure that you have
used the latest assignment cover. The latest assignment cover is availed on each course on Moodle.
A user guide is available on how to submit your assignment in each module on the Distance Education
Common Space and you can access it on the Online Support system. Pay close attention to the following key
points listed at the beginning of the guide on:
Page 4 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
3.1 How you would know when you have successfully submitted your assignment:
that is when the submission status shows “Submitted for grading”
Figure 2: Assignment submission status
MAKE SURE THE SYSTEM GIVES YOU A CONFIRMATION OF SUBMISSION by the submission
status shown as "Submitted for grading" when done. If that status is NOT displayed when done, IT
DOES NOT COUNT AS A SUBMISSION.
3.2 Errors to avoid when submitting your assignment (committing these errors may result in
you failing to submit your assignments and therefore potentially failing your course)
a. You are submitting on the correct Module/Course
b. You have selected and uploaded the correct Assignment document from your
computer
c. You are submitting the correct Assignment number for the respective activity (i.e.
Assignment 1, 2, etc.)
3.3 How to check the assessment feedback when your assignment has been graded.
4. Due Dates
All assignment due dates for 2022 are published on second page of this assignment letter. With the shift from
manual to online assignment submission since 2017, due dates are automated and non-negotiable. This
means that you would be required to submit your assignments ON or BEFORE the due date set on your
assignment (before 11h55 PM). After the date has passed (i.e. 12h00AM of the next day) the assignment
submission will be disabled, and you would no longer be able to submit your assignment. Please note
that assignment submissions will be open long before the due dates.
Please note that your assignment due dates are on page 2 of this Tutorial Letter. Use this assignment due
dates to set up your calendar tool on your mobile phone or computer to set reminders for yourself and manage
your time. Another way to keep pace with due dates, is by regularly visiting your Timeline of each of your
courses on Moodle on the Course Overview. Also download the Moodle mobile app to access Moodle on your
Page 5 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
mobile phone or tablet and have access to notifications about due dates at your fingertips from Google Play
Store for Android or Apple App Store for IOS.
5. Submission of Assignments
Due to challenges with Internet connectivity and speed, large files may take too long to upload, which is a big
risk if you wait until the last minute to submit your assignments. You are therefore strongly advised NOT to
wait until the final hours of the due dates to submit your assignments to avoid disappointments. You are also
advised to ensure that you are in an area with good Internet connectivity when submitting your assignments.
Timely submission of all assignments on or before the given due date is crucial for the timely grading and
processing of your CA marks and determining admission to exams.
Take note that assignments should never be submitted directly by email or hard copy to individual
tutors or any other staff members of the University of Namibia.
6. Academic Support
One every Moodle course there is an embedded Academic Support section with materials to assist you with
your writing process (see Figure 3 below). Go through the videos in order to enhance your writing process
and submit better quality assignments.
Figure 3: Academic Support tutorials
7. Grace Period
A grace period refers to three (3) additional days added after your assignment due date.
The purpose of this grace period is to provide each student with time to verify and or to
make amendments to assignments already submitted. These changes may include
correcting errors like submitting a file to a wrong module or on a wrong assignment;
submitting a wrong file; losing internet connectivity, etc. An example would be that a student
attempting to submit an assignment and they lose internet connection would still be able to
try again the day after at a different place or when the connection has been restored.
8. Plagiarism Control
It has been observed that some students copy information from the Internet and paste into their assignments
without acknowledging the sources of the information. This is called plagiarism. A copy of the Policy on
Academic Integrity has been provided to you on every course on Moodle. Please note that plagiarism which
includes copying and pasting information from the Internet would not be tolerated, shall result in your
assignments declared null and void and graded as a “0”. All assignments submitted through Moodle would be
checked for plagiarism using plagiarism detection software. You are therefore strongly urged to acknowledge
EVERY source that you use for your assignment by using the appropriate citations and references following
Page 6 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
the referencing style prescribed by your lecturers (APA Referencing guides are available freely online). Find
one here: http://www.uofa.edu/docs/apa-documentation.pdf
Any assignment found with high similarity scores or with evidence of clear attempts to cheat such as submitting
an assignment that is not your own would result in a zero (0) grade.
9. Vacation schools
Attending vacation school is COMPULSORY and the vacation school timetable will be made available through
the UNAM Moodle
10. My UNAM Portal and Moodle
We recommend that you regularly (at least twice a week) access your “My UNAM Portal”
(http://my.unam.edu.na) for your registration status and information, and Moodle
(https://elearning.unam.edu.na ) for your learning and assessment information.
Also visit the Distance Education Common Space on Moodle where you can find all necessary information
and user manuals related to your distance mode studies and also engage with other students studying on
distance mode. See additional information under Section 11 below.
11. Online Support (Ticketing) System
An online support system is provided where you can report some of the issues that you may experience
regarding your studies. This system is easily accessible from the Moodle LMS system.
Figure 4: Online ticketing system
You can also make use of the Online Support (Ticketing System) for queries to be responded to by the
responsible person within 48 hours. We recommend you use this system for Help Topics or issues listed on
the system rather than email or telephone calls.
12. Online information, Tutorials and Distance Education Common Space
Information and Tutorials are provided in each course on the Moodle Learning Management System which
you should first familiarise yourself once you first access your courses.
Indicated
above,
Distance
provides
tutorials
activities
perform
Figure 5: Info-Tutorials on Moodle
in Figure 4
the
Student
Orientation
video
on various
you would
such as
submitting
your
assignments, converting your documents into pdf format, changing your email address, how to check your
results when assignments have been graded and so on.
Updates and information with regard to your studies and related events would be shared in the Distance
Education Common Space which you can access from any course as shown in screenshot below. All
Page 7 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
students studying on distance mode are linked this the space where you can collaborate or discuss general
issues.
Figure 6: Distance Education Common Space
You will also find the Student Information Letter, your Vacation School Timetable and User Guides in the
Distance Education Common Space.
13. Staff Contact Information
If you study conscientiously, your efforts will be rewarded. Should you need any assistance or clarification on
the module contents, you can reach the relevant staff members at the contact details as given below:
Tutor:
For Module/Subject content related
matters For Assignments marks, CA marks
and exam marks queries
Mr Sakaria Kalumbu
061-2063983
skalumbu@unam.na
061-2064881
ukatjangua@unam.na
061-2063359
slimbo@unam.na
Student Support Coordinator
Examination Officers:
Unondjamo Katjangua (WHK)
For Exam marks and exam timetable
matters, summer term and winter term
related inquiries
All exam officers at respective
campuses assist students of/at
those campuses
eLearning Administrator:
Ms Limbo Selma
Moodle related queries (technical
problems), linking of Modules, etc.
NOTE: For additional information consult the Prospectus and UNAM General Information and Regulations
Prospectus.
Page 8 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
Serious offence not tolerated at all
Note well: Plagiarism
Plagiarism is “the wrongful appropriation or purloining, and publication as one’s own, of the ideas, or the expression of
the ideas of another” (OED). All published and unpublished material, whether in manuscript, printed or electronic form,
is covered under this description.
The Proctors’ Disciplinary Regulations concerning conduct in examinations (see Part 19.4. and 19.5, p. 52) state that
‘No candidate shall present for an examination as his or her own work any part of the substance of another person’s
work. In any written work (whether thesis, dissertation, essay, coursework, or written examination, or assignment)
passages quoted or closely paraphrased from another person’s work must be identified as quotations or paraphrases, and
the source of the quoted or paraphrased material must be clearly acknowledged.’ In all written work students must be
vigilant in citing the work they have referred to or quoted from (please see further Appendix D). Examples of plagiarism
and detailed advice as to how to avoid it are given on http://www.admin.ox.ac.uk/edc/goodpractice/: you are strongly
advised to consult this website.
It has been observed that some students merely download information from the Internet, copy verbatim from other printed
sources (including the Study Guide, employ other people to do their assignments for them, or plagiarise each other’s
assignments (either directly, that is, word-to-word, or through a re-arrangement of words or paragraphs in order to
deceive the tutor or marker).
These practices constitute very serious academic offences of academic dishonesty, alternatively, intellectual fraud, which
attract very serious and heavy penalties. Students must desist from such practices. Such students may score very high
marks but invariably perform very poorly in examinations. It is in the interest of such students to endeavour to exercise
their own intellectual faculties, do their own research, and personally do the set assignments.
No hardcopies are allowed, all assignments are to be uploaded through Moodle.
✓ Assignments should be submitted in PDF – only. Kindly save your assignments in PDF format
✓ Make sure that you submit one assignment as one file/document. Do not create and upload
several folders; do not zip the documents. Have 1 (one) pdf document/file for 1 (ONE) entire
assignment.
✓ Assignments for modules with formulas can be handwritten, scanned in one document and
uploaded on Moodle accordingly.
✓ Make sure you submit a document that is readable and virus free.
✓ Make sure you upload the right file with the relevant assignment content.
✓ After submitting your assignment on Moodle do verify on the file you uploaded. Always try to
submit your assignment few days before the due date, this allows you to double-check all the
nitty-gritty.
NO LATE SUBMISSIONS WILL BE TOLERATED. NO LATE submission due to not adhering to the above
advises or guidance WILL BE ACCEPTED nor ENTERTAINED.
Page 9 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
Assignment Questions
BASIC MICROECONOMICS (EMI 3571) ASSIGNMNET ONE 2022
Total Marks: 100
Instructions:
This assignment consists of 4 questions. Answer them all. Full marks will be awarded for
creativity.
QUESTION ONE
Sarah and her boyfriend Mike want to save some money to pay for their wedding. So, they decided
to help people in the neighborhood by cleaning their garages and mowing lawns. Sarah takes 60
minutes to clean a garage and 80 minutes to mow a lawn. Mike takes 80 minutes to clean a garage
and 80 minutes to mow a lawn. Sarah and Mike devote 10 hours per week each to these activities
and get paid $25 for each garage they clean and $25 for each lawn they mow. Sarah says to Mike: "I
have an absolute advantage in cleaning and we are equally productive in mowing. Therefore, I should
do both cleaning and mowing but you should only mow lawns." Mike disagrees. He thinks Sarah
should specialize in cleaning garages and he should specialize in mowing lawns. Help Sarah and
Mike to resolve their dispute.
a) Who has an absolute advantage in cleaning garages? In mowing lawns? Explain.
(6 marks)
b) Draw Sarah's and Mike's production possibilities frontiers. What are each individual's
opportunity costs?
(14 marks)
c) Who has a comparative advantage in cleaning garages? In mowing lawns? Explain.
(5 marks)
d) Is Sarah right when she says that she should do both cleaning and mowing while Mike should
only mow lawns? Or maybe Mike is right when he suggests that Sarah specializes in cleaning and
he specializes in mowing? Illustrate and substantiate your answer with a numerical example.
(5 marks)
QUESTION TWO
A market research team has come up with the demand and supply schedules for pizza in Cheeseboro.
These schedules are given in the table below. Use these data to analyze the situation in the market
for pizza.
Price
(dollars per
pizza)
5
6
7
8
9
10
11
12
Quantity demanded Quantity supplied
(pizzas per week) (pizzas per week)
750
700
650
600
550
500
450
400
300
400
500
600
700
800
900
1,000
Page 10 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
a) Draw a figure showing the demand curve for pizza and the supply curve of pizza. What are the
equilibrium price and quantity?
(12 marks)
b) Suppose the price is $10. Describe the situation in the market and explain how the price of pizza
adjusts. Now suppose the price is $6. Describe the situation in the market and explain how the price
of pizza adjusts.
(8 marks)
c) The market research report also includes a prediction about the effect on the market for pizza in
Cheeseboro of a recent news published in Cheeseboro Herald. The Herald reported that pizza has
been discovered to help prevent heart diseases. Unfortunately, your dog chewed up the report and all
you can read about the prediction is "quantity... by 150 at each price." What does the prediction say?
Use your graph to show the predicted effects on the market for pizza. What are the predicted
equilibrium price and quantity? How will the market adjust?
(10 marks)
QUESTION THREE
Cory enjoys listening to all types of music. His demand schedules for CDs in 2009 and 2010 are
shown in the table below. Cory's income was $30,000 in 2009 and $35,000 in 2010. In 2010, he
bought an iPod so he started to download music files from the Internet.
Quantity
Quantity
Price
demanded, 2009 demanded, 2010
(dollars per CD)
(CDs per year) (CDs per year)
4
40
70
8
30
50
12
20
30
16
10
10
18
5
0
20
0
0
a) Draw Cory's demand curves for CDs in 2009 and 2010. How did Cory's demand for CDs change?
Why?
(10 marks)
b) For each year, calculate Cory's price elasticity of demand as the price of CDs decreases from $16
to $12.
(6 marks)
QUESTION FOUR
The table below shows the demand and supply schedules for milk in Cowland. A subsidy on milk of
$1 per gallon is proposed and the government asks you to examine the effects of the subsidy.
Price
(dollars per
gallon)
1
2
3
4
5
Quantity demanded
(millions of gallons
per year)
320
240
160
80
0
Quantity supplied
(millions of gallons
per year)
0
0
80
160
240
Page 11 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
a) Draw the demand and supply curves. If there is no subsidy, what is the price of milk and how
many gallons are sold?
(6marks)
b) With the subsidy, what is the price that consumers pay? What is the price that sellers receive?
How many gallons of milk are sold?
(6 marks)
c) Assuming no external costs and benefits, what is the efficient level of milk production? Explain.
(6 marks)
d) With the subsidy, what is the marginal social benefit from milk? What is the marginal social cost
of milk? If the subsidy is introduced, will the level of production be efficient? Why or why not?
(6 marks)
The End
Page 12 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
BASIC MICROECONOMICS (EMI 3571) ASSIGNMNET TWO 2022
Total Marks: 100
Instructions:
This assignment consists of 4 questions. Answer them all. Full marks will be awarded for
creativity.
QUESTION ONE
The table below gives the demand and supply schedules for ice cream in Sweetsville in July and
November. Assume that the only people who benefit from ice cream are the people who consume it
and the only people who bear the cost of ice cream are the people who produce it.
Price
(dollars per
gallon)
Quantity
demanded in July
(gallons per day)
2.00
2.50
3.00
3.50
4.00
4.50
5.00
300
250
200
150
100
50
0
Quantity
Quantity
demanded in
supplied
November
(gallons per day)
(gallons per day)
150
0
100
100
50
200
0
300
0
400
0
500
0
600
a) Draw the market demand and market supply curves. What are the equilibrium price and
equilibrium quantity of ice cream in July and November? Is the allocation of resources efficient in
July? Is it efficient in November? Explain.
(16 marks)
b) What is the maximum price that consumers are willing to pay for the 100th gallon of ice cream
in July? In November? What is the minimum price that producers are willing to accept for the 100th
gallon in July and November? Explain.
(7 marks)
c) What happens to consumer surplus and producer surplus in November compared to July? Why?
(7 marks)
QUESTION TWO
Tony's Pizza's production function is shown in the table below.
Output (pizzas per day)
Labor
(workers)
1
2
3
4
5
6
7
Ovens
Plant 1
8
18
26
31
34
35
33
1
Plant 2
11
22
30
36
40
42
40
2
Plant 3
13
24
33
40
45
48
47
3
Plant 4
14
25
35
43
50
54
54
4
Page 13 of 14
FACULTY OF COMMERCE, MANAGEMENT AND LAW
a) Suppose Tony operates Plant 2. He hires 2 workers and produces 20 pizzas a day. Is the pizzeria
technologically efficient? Why or why not?
(5 marks)
b) Suppose Tony operates Plant 1. He hires 2 workers and produces 18 pizzas per day. Is Tony's
Pizza technologically efficient? Why or why not? Can Tony increase production to 22 pizzas a day
in the short run? If yes, how?
(10 marks)
c) Suppose Tony operates Plant 3. What is the marginal product of labor when the fourth worker is
hired? When operating Plant 3, does Tony experience diminishing marginal returns? Explain.
(10 marks)
d) Suppose Tony currently uses Plant 3. Can he increase production from 40 to 50 pizzas per day in
the short run? In the long run? If yes, how?
(5 marks)
QUESTION THREE
Two university graduates, Bill and Steve, worked for an advertising agency at an annual salary of
$40,000 each for 3 years after they graduated. Then, they decided to quit their jobs and start a
partnership that designs and builds Web sites. They rented an office for $12,000 a year and bought
capital for $30,000. To pay for the equipment, Bill and Steve borrowed money from a bank at an
annual interest rate of 6 percent. During their first year of operation, the partners' total revenue was
$100,000. The market value of their capital at the end of the year was $20,000. If Bill and Steve do
not design Web pages, their best alternatives are to return to their previous job.
a) What is the firm's economic depreciation?
(5 marks)
b) What are the partnership's costs?
(5 marks)
c) What is the firm's economic profit in the first year of operation?
(5 marks)
QUESTION FOUR
The market for milk is perfectly competitive. There are 1,000 farms in the industry and the
relationship between a typical farm's output and total costs is the same as in Problem 2. The market
demand schedule for milk is shown in the table below.
Price
(dollars per
gallon)
2.50
3.50
4.50
Quantity demanded
(thousands of gallons
per day)
600
500
400
a) What is a typical farm's supply schedule and what is the market supply schedule?
(7 marks)
b) What is the market price? What quantity of milk is sold?
(6 marks)
c) What is the output produced by each farm? What type of profit or loss is made by each farm?
(6 marks)
d) Do farms enter or exit the market?
(6 marks)
The End
Page 14 of 14