Economics Writing Example Rubric

Economics Writing Example Rubric
Learning outcome: Students will be able to apply economic theory and empirical data to analyze policy issues.
Work product: Writing Assignment

Learning Outcome Component

 

4

3

2

1

Identification of criteria

 

 

 

 

Defines criteria for assessment of the policy issue

Clearly (correctly) defines the criteria used to assess the implications of the research question

Provides definitions of the criteria used to assess the implications of the research question, but it is unclear

Provides definitions of the criteria used to assess the implications of the research question, but at least one definition is not factually correct

 

Does not correctly define criteria used

Weighs the relative importance of the criteria

Indicates the relative weighting (importance) of the criteria and provides a rationale for the weighting scheme

 

Weighting scheme and rationale, although present, are unclear

Weighting scheme, although present, is unclear; no rationale for the weighting scheme is provided

Does not identify the relative weighting (importance) of the criteria

Theoretical analysis

 

 

 

 

Applies a production possibility diagram to the policy issue

Clearly presents and fully explains the impact of the proposed change in terms of a production possibility frontier (PPF) diagram

Presents and explains the impact of the proposed change in terms of a PPF diagram, but explanation is unclear

Presents and explains the impact of the proposed change in terms of a PPF diagram, but presentation contains factual errors

 

Does not present the impact of the proposed change in terms of a PPF diagram or the presentation contains serious factual errors

Applies a supply and demand diagram to the policy issue

Clearly presents and fully explains the impact of the proposed change in terms of a supply and demand diagram

Presents and explains the impact of the proposed change in terms of a supply and demand diagram, but explanation is unclear

Presents and explains the impact of the proposed change in terms of a supply and demand diagram, but presentation contains factual errors

 

Does not present the impact of the proposed change in terms of a supply and demand diagram or the presentation contains serious factual errors

Applies a production costs/supply diagram to the policy issue

Clearly presents and fully explains the impact of the proposed change in terms of a production costs/supply diagram

Presents and explains the impact of the proposed change in terms of a production costs/supply diagram, but explanation is unclear

Presents and explains the impact of the proposed change in terms of a production costs/supply diagram, but presentation contains factual errors

 

Does not present the impact of the proposed change in terms of a production costs/supply diagram or  the presentation contains serious factual errors

 

Empirical analysis

 

 

 

 

Analyzes economic data in support of their position

Provides an analysis of economic data that support the position; quantitative and qualitative information are presented accurately

 

Provides an analysis of economic data that supports the position; quantitative or qualitative information is presented accurately

Provides an analysis of economic data that support the position; discussion is unclear or contains factual errors

 

Does not provide an analysis of economic data that supports the position or  the analysis contains serious factual errors

 

Integration of analysis

 

 

 

 

Integrates analyses and stated criteria for assessment

Provides a clear link between the theoretical and empirical analyses and the assessment criteria

Provides some link between the theoretical and empirical analyses and the assessment criteria

Provides some link between the theoretical and empirical analyses, but does not provide a link between the assessment criteria and the analyses

 

Does not provide a link between the theoretical and empirical analyses and the assessment criteria

 

Rubric is a modification of one presented by: Walvoord, B. (2004). Assessment clear and simple: A practical guide for institutions, departments, and general education. San Francisco: Jossey-Bass Publishers.