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iRubric: Economics - Survival Activity rubric

iRubric: Economics - Survival Activity rubric

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Economics - Survival Activity 
Rubric Code: DX9W42W
Ready to use
Public Rubric
Subject: Finance  
Type: Assignment  
Grade Levels: 9-12

Powered by iRubric Survival - Economics is Important!
  Poor

1 pts

Fair

2 pts

Good

3 pts

Excellent

4 pts

Basic Economic Questions

What is produced?
How will you make it?
How you will share it?

Poor

Student shows knowledge on no basic economic questions; does not produce adequate resources to survive; produces a survival plan that is unrealistic to meet expectations.
Fair

Student shows knowledge one (1) basic economic questions; does not produce adequate resources to survive; produces a survival plan that is unrealistic to meet expectations.
Good

Student shows knowledge of two (2) basic economic questions; produces adequate resources to possibly survive; produces a survival plan that is questions realistic expectations.
Excellent

Student shows knowledge of three (3) basic economic questions; produces more than adequate resources to survive; produces a survival plan that enables realistic expectations.
Factors of Production

Natural resources-sand, rock, trees (Douglas fir/Sitka spruce) Climate-mild summers, frequent rain showers, morning & evening fog, and changable weather. Capital - 1 compass, 2 rain ponchos, 1 book of matches, 2 knives, 3 life preservers, 2 paddles, 1 small axe, and wet clothing.

Poor

Student shows knowledge of utilizing less than two (2) factors of production; uses less than the following factors of production (labor, capital goods, natural resources) to produce the adequate resources to survive.
Fair

Student shows knowledge of utilizing two (2) factors of production; uses the following factors of production (labor, capital goods, natural resources) to produce the adequate resources to survive.
Good

Student shows knowledge of utilizing three (3) factors of production; uses the factors of production (labor, capital goods, natural resources) to produce questionable resources to allow for survival.
Excellent

Student shows knowledge of utilizing four (4) factors of production; uses all factors of production (labor, capital goods, natural resources, and management of resources) to produce the adequate resources to allow for survival.
Productive Survival Plan

Poor

Student has produced a survival plan that exemplifies:
1. Poor or minimum effort and preparation
2. Displays little to no knowledge of economic concepts and principles.
Fair

Student has produced a survival plan that exemplifies:
1. Fair or minimum effort and preparation
2. A minimum knowledge of economic concepts and principles.
Good

Student has produced a survival plan that exemplifies:
1. Good effort and preparation
2. A adequate knowledge of economic concepts and principles.
Excellent

Student has produced a survival plan that exemplifies:
1. Effort and preparation
2. A strong knowledge of economic concepts and principles.



Keywords:
  • Economics; Scarcity; Basic Economic Questions


Types:





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