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MPE781 Economics for Managers T1 2020 Assessment Rubrics
Performance Levels/Criteria |
N (0-2.9 marks) | N (3-4.9 marks) | P (5-5.9 marks) | C (6-6.9 marks) | D (7-7.9 marks) | HD (8-10 marks) |
Question 1 GLO1: (10 marks) |
Provides an explanation that is not consistent with the existing economic theories |
Summary of the given article may be coherent but provides incorrect interpretation |
Demonstrates superficial knowledge of the existing economic theories |
Demonstrates the ability of accurate understanding of the theories |
Summary of the of the given article is good standard; provides good interpretation |
Summary of the of the given article is high standard; provides correct interpretation |
Question 2 GLO4: (10 marks) |
Poor or missing analysis of theories; inconsistent argument or argument with no supporting evidence. Always confuses facts and personal opinion. No or little interpretation |
Inadequate demonstration of critical analysis of relevant theories and models; poor reasoning and argument with no supporting evidence. Often confuses facts and personal opinion |
Mostly adequate demonstration of critical analysis of theories and models, yet some inconsistencies remain in the arguments |
Discriminates between assertion and information substantiated by robust evidence. Provides relevant diagrams with reasonable interpretation (e.g. illustrations, charts, graphs etc.) |
Systematically discriminates between assertion and information substantiated by robust evidence. Provides good diagrams and interpretation (e.g. illustrations, charts, graphs etc.) |
Information is taken from source(s) with a very high level of interpretation. Provides correct diagrams and interpretation (e.g. illustrations, charts, graphs etc.) |
Question 3 GLO5: (10 marks) |
Demonstrates no ability to independently construct a clear statement about a complex problem or research hypothesis |
Demonstrates a limited ability to independently construct a clear and statement about a complex problem or research hypothesis |
Creates an acceptable new solution, object or idea; proposes one or more acceptable creative solutions to existing and/or new situations in professional practice |
Demonstrates a reasonable level of initiative in planning and identifies multiple approaches for researching and solving complex problems. Provides relevant diagrams |
Skilfully extends an existing idea. Demonstrates a very high level of initiative in planning and identifies multiple, innovative approaches. Provides good diagrams |
Proposes several exemplary creative, novel solutions to existing and/or new situations in professional practice. Provides correct diagrams matching the argument. |
Question 4 GLO8: (10 marks) |
Demonstrates no understanding of the complexity of global/ cultural / ethical perspectives or of professional practice |
Demonstrates limited understanding of the complexity of global/ cultural / ethical perspectives or of professional practice |
Demonstrates acceptable level of understanding of the complexity of global/ cultural / ethical perspectives or of professional practice |
Demonstrates a reasonable level of understanding of the complexity of global/ cultural / ethical perspectives or of professional practice |
Demonstrates very good sophisticated understanding of the complexity of global/ cultural / ethical perspectives |
Demonstrates extraordinary understanding of the complexity of global/ cultural / ethical perspectives |
Overall (Max=40 marks) |
N0- 11.9 |
N 12-19.9 |
P 20-23.9 |
C 24-27.9 |
D 28-31.9 |
HD 32 or above |
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