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Mini-Economy - Common Rubric

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Common analytic rubric for the Mini-Economy Business Plan Beginning (1-4) Proficient (5-8) Mastery (9-10) Economics knowledge Student not able to accurately use economics content Student uses economic content with few mistakes Student uses economics content accurately; no mistakes Application of economics knowledge Student inconsistently applies knowledge of economics content to the business Student accurately and usefully applies knowledge of economics when making decisions for the business Student uses economics knowledge to make important improvements to the business Helpfulness to real-world product/ business plan Student work does not generally add much to the product or business plan Student work adds value to the real-world product or business plan Student work adds importantly to the real-world product or business plan English/Language Arts skills: using evidence to support a thesis Thesis (main point), details, or the link between them is unclear or missing Thesis and supporting details are clearly linked Supporting details support the thesis in a compelling way that adds significantly to the overall point Data analysis skills* *Use for data collection, math, and/or decision-making models Student does not accurately record or interpret data Student accurately records and interprets data; the problem is solved correctly Student correctly analyzes data in a way that adds significantly to the business project.