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PERFORMANCE BAND DESCRIPTIONS - ECONOMICS


The typical performance in this band:

Band 6
  • integrates economic terms, concepts, relationships and theory in a variety of economic contexts

  • displays superior analysis of the role of economic participants and markets in a variety of economic contexts

  • uses extensive economic vocabulary and illustrative examples in exposition of problems and policies in a variety of contexts

  • demonstrates critical judgment and sound reasoning to select, organise, synthesise and evaluate relevant information from a variety of sources

  • presents excellent explanation and evaluation of the impact of government economic policies in contemporary and hypothetical economic contexts

  • presents comprehensive application of appropriate mathematical concepts in a variety of economic contexts

  • produces comprehensive economic arguments to evaluate the consequences of economic problems and issues on economic participants

Band 5
  • provides concise definitions of economic terms and applies concepts and relationships in contemporary and hypothetical economic contexts

  • demonstrates detailed analysis of the role of economic participants and markets in a variety of economic contexts

  • uses precise economic vocabulary and illustrative examples in the exposition of problems and policies in a variety of contexts

  • demonstrates accomplished judgement and reasoning to select, organise and evaluate relevant information from a variety of sources

  • presents accurate analysis using mathematical concepts appropriately in economic contexts

  • provides thorough analysis and evaluation of the policy options and their consequences in a contemporary and hypothetical economic context

Band 4
  • provides clear definitions of relevant economic terms and sound discussion of economic concepts and relationships in contemporary and hypothetical economic contexts

  • demonstrates an understanding of current economic issues, participants, markets, government economic policies and their impact

  • demonstrates a clear understanding of economic problems, policies in theoretical and contemporary contexts

  • makes competent use of mathematical concepts in appropriate economic contexts

  • demonstrates a clear understanding of the implications of changes in economic data for economic policy makers

Band 3
  • provides basic definition of some economic terms, concepts and relationships

  • offers basic descriptions of relationships between economic issues, participants, markets, data and theory in a variety of contexts

  • communicates in a descriptive way

  • demonstrates basic computational skills

  • provides basic descriptions of the main economic problems and policies

Band 2
  • demonstrates an elementary knowledge of some economic concepts

  • provides limited understanding of the links between economic concepts, relationships and theory to a variety of economic contexts

  • demonstrates limited interpretation of simple economic data

  • attempts simple computational techniques

  • uses some appropriate terminology to communicate basic economic ideas

Band 1  

 

 

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