Factor Markets Essay Rubric
Mr. Beem
Student Name:______________________________
Category
X0
Title (1)
Essay does NOT contain a title (0
points)
Essay contains a title (1 point total)
Introductory
Paragraph (4)
Thesis is
missing
Contains clear thesis
but is missing
introduction AND
conclusion.
Adam Smith (5)
Adam Smith’s
Adam Smith’s
beliefs about
beliefs about
markets and
markets and
completion are competition only
not present
partially referenced
Student does not clearly state
agreement or disagreement with
Adam Smith’s economic philosophy (0
points
Student states
agreement or
disagreement with
Adam Smith (2)
Student why they
agree or disagree
with Adam Smith
(3)
Market Structures
(8)
Student states
which Market
Structure is best
(2)
Student states why
chosen Market
Structure is best
(4)
Student states why
the other three
Market Structures
are not best (6)
No explanation
for
agreement/
disagreement
is present
X0.5
Thesis is unclear
X1
X1.5
X2
____/1
Contains clear
Contains clear
thesis but is
thesis, introduction,
missing
and conclusion.
introduction OR
conclusion
Adam Smith’s beliefs Adam Smith’s
Adam Smith’s
about markets and
beliefs about
beliefs about
competition are
markets and
markets and
present but
competition are
competition are
incomplete.
vaguely stated.
clearly stated.
Student clearly states agreement or disagreement with Adam
Smith’s economic philosophy
(2 points)
Student gave an
explanation for
agreement/
disagreement, but
it is not cohesive.
Explanation for
agreement/
disagreement is
bolstered argument,
but the argument is
vague or unclear
No explanation 1 Market Structure
of Market
is explained in
Structure
detail.
OR
OR
1 market
2-3 market
structure
structures are
vaguely
vaguely explained
explained
Student does not state which market
structure is best (0 points)
2 Market Structures
are explained in
detail.
OR
4 market structures
are vaguely
explained
The topic of
why a chosen
Market
Structure is
best is not
covered in the
essay
The topic of
why market
structures are
not the best is
not covered in
the essay
Student barely
touches the topic of
why a chosen
Market Structure is
best
Student gives vague
explanation for why
chosen Market
Structure is best
Student gives clear
explanation for why
1 Market Structure
is not the best
based on economic
principles
Student gives vague
explanation for why
3-2 Market
Structures are not
the best based on
economic principles
Explanation for
agreement/
disagreement is
bolstered by
logical argument
OR economic
concepts
3 Market
Structures are
explained in detail.
Explanation for
agreement/
disagreement is
bolstered by logical
argument AND
economic concepts
The four types of
Market Structure
are explained in
detail.
Student states which market structure is best
(2 points)
Student’s clear
explanation for
why chosen
Market Structure
is best NOT based
on economic
principles
Student gives clear
explanation for
why 2 Market
Structures are not
the best based on
economic
principles
____/8
____/10
____/2
____/6
____/16
_____/2
Student gives clear
explanation for why
chosen Market
Structure is best
based on economic
principles
Student gives clear
explanation for why
3 Market Structures
are not the best
based on economic
principles
____/8
____/12
Explanation for
why analysis of
Market Structures
bolsters thesis (2)
Role of Labor
Unions (2)
Labor Competition
(2)
Labor Unions
Interests and
Goals (2)
Labor Unions and
Thesis (2)
Conclusion (2)
Citation (2.5)
Bibliography (2.5)
Explanation for
why analysis of
market
structures
bolsters thesis
is not present
Role of Labor
Unions in
relationship to
firms and
businesses is
not present
Relationship of
labor unions to
businesses not
explained
Labor Union
Interests and
goals are not
discussed.
Explanation for
why labor
unions bolster
thesis is not
present
Student did
not make a
prediction
about the
results of
economic
competition. .
Explanation is
vague and discusses
analysis of market
structure OR thesis
Explanation is logical
and discusses
analysis of market
structure OR thesis
Explanation
connects analysis
of market
structure with
thesis
Explanation is
logical AND
connects analysis of
market structure
with thesis
-
Role of Labor Unions
in relationship to
firms and businesses
is vaguely explained
-
Role of Labor
Unions in
relationship to firms
and businesses is
clearly explained
Relationship of labor
unions to businesses
vaguely explained
-
Labor Union
Interests OR goals
are vaguely stated
Labor Union
Interests OR goals
are clearly stated
Explanation is
vague and discusses
labor unions OR
thesis
Explanation is logical
and discusses labor
unions OR thesis
Labor Union
Interests AND
goals are vaguely
stated
Explanation
connects labor
unions with thesis
Student’s prediction
about the results of
economic
competition are
vague or confusing.
Article clearly state’s
students prediction
of results of
economic
competition.
Student is missing
defense of those
opinions or the
defenses given are
confusing.
Conclusion clearly
states student’s
prediction of the
results of
economic
competition.
Student defends
their reasons
logically. Article is
NOT tied to
original thesis
No citations of
outside
material
contained in
the text
No
bibliography
present
Outside material is
referenced, but not
cited
At least one citation
is made in the essay
At least 2 citations
are made
throughout the
essay
Conclusion clearly
states student’s
prediction of the
results of economic
competition.
Student defends
conclusion with
logical argument,
and ties essay to
thesis (5 points
At least 3 citations
are made
throughout the
essay.
Bibliography
present but of poor
quality
Bibliography present
but incomplete
Bibliography
complete NOT in
MLA format
Bibliography
complete in MLA
format
-
Relationship of
labor unions to
businesses clearly
explained
Labor Union
Interests AND goals
are clearly stated
Explanation is
logical AND
connects labor
unions with thesis
___/4
____/4
____/4
____/4
____/4
____/5
____/5
____/5
Total:________/100