Points: 150

Assignment 1: Principles of Economics

Criteria

Unacceptable

Below 60% F

Meets Minimum Expectations

60-69% D

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A

1. Identify a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-4.

Weight: 15%

Did not submit or incompletely identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper.

Insufficiently identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper.

Partially identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper.

Satisfactorily identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper.

Thoroughly identified a relevant economic article that dealt with any course concepts covered in Weeks 1-4 from either the Strayer Library or a newspaper.

2. In the first two (2) paragraphs, identify at least four (4) key points that the article highlights.

Weight: 25%

Did not submit or incompletely identified at least four (4) key points that the article highlighted in the first two paragraphs.

Insufficiently identified at least four (4) key points that the article highlighted in the first two paragraphs.

Partially identified at least four (4) key points that the article highlighted in the first two paragraphs.

Satisfactorily identified at least four (4) key points that the article highlighted in the first two paragraphs.

Thoroughly identified at least four (4) key points that the article highlighted in the first two paragraphs.

3. In the next three to five (3-5) paragraphs, apply two (2) of the following economic concepts (supply and demand, market structures, elasticity, and costs of production) to the key points that you highlighted in Question 2.

Weight: 30%

Did not submit or incompletely applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

Insufficiently applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

Partially applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

Satisfactorily applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

Thoroughly applied two (2) of the following economic concepts (supply and demand, market structures, elasticity, and cost production) to the key points that you highlighted in Question 2 in the next three to five (3-5) paragraphs.

4. In your concluding paragraph, state whether you agree or disagree with the author’s comments. Provide a rationale for your response.

Weight:15%

Did not submit or incompletely stated whether you agree or disagree with the author’s comments and did not submit or incompletely provided a rationale for your response in your concluding paragraph.

Insufficiently stated whether you agree or disagree with the author’s comments and insufficiently provided a rationale for your response in your concluding paragraph.

Partially stated whether you agree or disagree with the author’s comments and partially provided a rationale for your response in your concluding paragraph.

Satisfactorily stated whether you agree or disagree with the author’s comments and satisfactorily provided a rationale for your response in your concluding paragraph.

Thoroughly stated whether you agree or disagree with the author’s comments and thoroughly provided a rationale for your response in your concluding paragraph.

5. 3 references

Weight: 5%

No references provided

Does not meet the required number of references; all references poor quality choices.

 Does not meet the required number of references; some references poor quality choices.

Meets number of required references; all references high quality choices.

Exceeds number of required references; all references high quality choices.

6. Clarity, writing mechanics, and formatting requirements

Weight: 10%

More than 8 errors present

7-8 errors present

5-6 errors present

3-4 errors present

0-2 errors present