iRubric: MARKET SCENARIOS rubric

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MARKET SCENARIOS

Students will create two original market scenarios that will each contain four events that will change either supply or demand for the non-food product then decide if this will drive the market price up or down. The market scenarios will be displayed in chart format and explained in written format.

Rubric Code: K3XBX5

By kfornash

Draft

Public Rubric

Subject: Social Sciences

Type: Project

Grade Levels: 6-8

MARKET SCENARIOS 100 % Students will create two original market scenarios that will each contain four events that will change either supply or demand for the non-food product then decide if this will drive the market price up or down. The market scenarios will be displayed in chart format and explained in written format.
	Poor 33 pts	Fair 33 pts	Good 34 pts
Content 80 % Student will create two original market scenarios each with four events that changes supply or demand and affects market price	Poor Student created one original market scenarios, or a food product was selected	Fair Student created two original market scenarios but each did not have four events	Good Student created two market scenarios each with four events
Accuracy 10 % Student will accurately determine for each event whether supply or demand is affected and how this affects market price	Poor Student correctly identified whether supply or demand was affected and correctly identified whether market price increased or decreased in 12 or less of the categories	Fair Student correctly identified whether supply or demand was affected and correctly identified whether market price increased or decreased in 13 or 14 of the categories	Good Student correctly identified whether supply or demand was affected and correctly identified whether market price increased or decreased in 15 or 16 of the categories
Written Discussion 10 % Students will explain their choices in Collins format	Poor Student clearly explained their choices in 1 of the market scenarios	Fair Student somewhat explained their choices for all of the events in both market scenarios	Good Student clearly explain their correct choices for all of the events in both market scenarios