INS3702: ASSIGNMENT 3: SEMESTER 2/2022

INS3702: ASSIGNMENT 3: SEMESTER 2/2022 IMPORTANT Assignment 3 consists of five questions and each question has a mark allocation of 10 marks, which results in a total of 50 marks. You will not be able to complete the assignment successfully, unless your answers reflect the use of relevant, additional information sources. Consult relevant information resources and make sure that you record them – in the text references, as well as in the bibliography/reference list at the end of the assignment. As you will see, I include a list of relevant information sources at the end of each assignment question. You can access and use these sources to compile your answers, or you can conduct Internet searches to trace and use other relevant and reliable information sources. The assignment questions count a total of 50 marks and 10 marks are reserved for the referencing. You will be penalised, if you do not acknowledge the work of other scholars in text references and/or if all text references are not captured in the bibliography at the end of the assignment. QUESTION 1 [10] Explain the construct of political economy within the context of the following quotation: Political economy is an interdisciplinary study field that focuses on Economics, Sociology and Political Science, with the aim of understanding how economic systems, political institutions and the social environment affect and influence one another. Rubric Criteria Mark allocation Definition of the construct of political economy 5 Aim of political economy 1 Key points in the construct of political economy 4 Total 10 References Adler, P. 2009. Political economy