| 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 |
|
