| Marking criteria |
Weight | Excellent | Verygood | Good | Pass | Notsatisfactory |
| Problemsolving -explain fundamental economic concepts -usingtextor diagramor equations |
30% | Comprehensively appliesawide rangeof knowledgeand skillsappropriate tothesolutionof relevantproblem. Identifies,defines andconstructs novel recommendations onthisbasis. |
Effectivelyapplies awiderangeof knowledgeand skillsappropriate tothesolutionof relevantproblems. Identifies,defines andconstructs relevant recommendations onthisbasis evaluatedagainst outcomes. |
Adequatelyapplies theessentialrange ofknowledgeand skillsappropriate tothesolutionsof relevantproblems. Identifies,defines andconstructs recommendations onthisbasis.Some ofthesolutions havebeen evaluatedagainst thepurposeofthe outcome. |
Describessomeof theknowledge appropriatetothe solution.Relevant problemshavebeen omitted,andthe solutionsor recommendations arelimited.Someof thesolutionshave notbeenevaluated againstthepurpose oftheoutcome. |
Doesnot adequately describethe problem.The problemsolving techniquehasnot integrated sufficient knowledgeand skillstoprovide viablesolutions. |
| CriticalAnalysis -applyeconomic conceptsor principlestoa problem orreal world phenomena |
30% | Comprehensive criticaland evaluative thinking;all important relationships betweenelements areexploredto deriveconvincing arguments. |
Effectivecritical discussionand evaluationof arguments,with somerelationships between components exploredtoderive convincing arguments. |
Adequatecritical discussionand evaluationof propositions; includessome inconsistencies thatdetractfrom thewhole. |
Describescritical analysisand evaluationof propositionsor arguments;some inconsistenciesthat limitthestrengthof theanalysis.Lacks evaluationand discussion. |
Doesnot adequately criticallydiscuss andevaluate;no evidencebased supportfor arguments. |
| Structure -introduction -organisation -conclusion |
20% | Structureand sequenceareused comprehensively tohelpintegrate ideasorsupport logicalargument. Soundlystructured throughout. |
Ideasare sequencedinan effective,logical andsatisfyingway; connections betweendifferent themesorsections arewellmade. Someerrorsthat donotinterfere withthewhole. |
Sequenceand structureare adequate,logical andeasytofollow. Some inconsistencies thatdetractfrom thewhole. |
Wellenough structuredtomake sense;couldbe betterorganisedand moretightlyfocused uponthequestions. Instancesof irrelevanceor confusion. |
Structureand organisationofthe argumentispoor; inadequatelogical structureusedto organiseideas; errorsthatdetract fromthewhole. |
| Presentation -presentation quality -language -grammar -Referencing if used |
20% | Confidentand preciseuseof language;mastery ofstyleandtone. Accurate applicationof grammar. If applicable, accurateacademic referencing conventionciting multiplesources. |
Languageuse demonstrates precisionand expressivenessas wellasclarity. Grammatically sound presentation. If applicable,sources fullyreferenced andacademic referencing generallyaccurate. |
Languageis generallysound andclear throughout. Grammatically soundwithsome minorerrorsthat donotdetractfrom thewhole. If applicablesources ofinformation acknowledgedwith minorreferencing errors. |
Clearenoughtobe understood;some confusedorunclear expression.Spelling, punctuationand grammargenerally satisfactorybut likelytoneed attention. If applicablesourcesof information acknowledgedwith fewreferencing errors. |
Notabletobe understood; confusedor unclearexpression. Spelling, punctuationand grammar unsatisfactory. If applicable academic referencingstyleis notapplied consistently. |