Microeconomics Rubric

 
Microeconomics Rubric (General Education)

Name:    

Students will develop an understanding of the technical language of economics; the ability to solve numerical problems; the ability to apply basic tools of economics; and a facility to connect the basic principles to appropriate conclusions.

 

Performance Factor
 
4 3 2 1
Grasp of the technical language

 

 

Always uses technical terms correctly.

 

Usually uses the technical terms correctly.

 

Sometimes uses the technical terms correctly.

 

Does not use the technical terms correctly.

Ability to solve typical numerical problems reflecting an understanding of how the economy works

 

 

Almost always is able to solve and understand numerical problems.

 

Can usually solve the problems but sometimes has difficulty understanding the problems

 

Can not usually solve the problems and has difficulty understanding the problems.

 

Cannot solve the problems and does not understand the importance of the problems.

Ability to apply the basic tools (supply-demand, production possibilities, opportunity cost) to simple practical situations of a personal, civic and social nature.

 

Frequently makes the connection between the basic tools and the situation.

 

Sometimes makes the connection between the basic tools and the situation.

 

Cannot usually make the connection between the basic tools and the situation..

Does not grasp the connection between the basic tools and the situation.

Ability to connect basic principles and arrive at appropriate conclusions relating to personal, social and civic issues.

 

 

Frequently understands the basic principles and can derive appropriate conclusions from them.

 

Sometimes understands the basic principles and sometimes can derive  appropriate conclusions from them.

Does not usually understand the basic principles and cannot.

 

Does not understand the basic principles and cannot derive appropriate conclusions from them.

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