Alex Parker

ED337
Performance Task Assessment
April 10, 2012

Unit: 11th Grade Economics

Purpose
The purpose of this assessment is to provide information regarding all students ability to
demonstrate their knowledge and understanding of key concepts within the Market System of
Economics. Students should also be able to use their skills of analysis and critique. This
assessment will be based on one of the Michigan High School Content Expectations or
Benchmarks regarding Social Studies. This assessment is designed to help show if students have
mastered the learning goals presented.

Benchmarks
E 1.1.1 Scarcity, Choice, Opportunity Costs, and Comparative Advantage Using examples,
explain how scarcity, choice, opportunity costs affect decisions that households, businesses, and
governments make in the market place and explain how comparative advantage creates gains
from trade.
Learning Targets

Section

Total Points Possible

I can thoroughly examine an

economic proposal for a
product and create helpful
notes to describe the proposal.

I can evaluate the terms of

Scarcity, Choice, Opportunity
Costs, and Comparative
Advantage within a proposal.

I can constructively criticize

and point out problems with
the proposal presented to me
in a positive manner.
I can conclude reviewing the
proposal and recommend
suggestions to improve the
proposal presented to me.

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Date___________
We have studied the Market Economy System of Economics and its uses that are present in
todays economy over the last two weeks. You will begin to work on your Performance Task
Assessment using the knowledge and examples you have learned in class as well using the
Benchmark as guidelines. When this assessment is finished, it will help determine your level of
understanding regarding the learning goals of this section of the unit.

Directions
Write your name and todays date on this packet. Please remember to bring it to class on the due
date and do not lose it. You will be required to turn this in at the end of class on Friday. I will
not be handing out replacement packets.
You work as an analyzer for a new company that specializes in energy drinks. Your goal is to
evaluate a proposal regarding marketing strategies for your companys products and critique it.
You must evaluate the proposal regarding the terms of Scarcity, Choice, Opportunity Costs, and
Comparative Advantage. You must then critique the proposal and include your own suggestions
for improvement before you forward it to the board of executives that run the marketing of the
company.
Remember: You will be evaluating a proposal that was created by one of your classmates.
You will be working in partners of two. Do not evaluate your own proposal or you will
automatically fail this assessment.
Schedule
Section 1 Receiving a proposal from a fellow worker (classmate) and reviewing the entire
packet presented. (Day 1)
Section 2 Identifying and analyzing examples within the proposal that relate to the necessary
terms of Scarcity, Choice, Opportunity Costs, and Comparative Advantage and noting their
significance to the proposal. (Day 1)
Section 3 Critiquing and constructively criticizing the proposal based on its various points and
portions. (Day 2)
Section 4 Organizing your response and presenting your suggestions to improve the proposal
before forwarding it to the board of executives within the company. (Day 2)

Evaluation: You will be graded on these four sections based on the rubric that will be provided
at the end of the packet. You also must have my signature for each section to show that you that I
have reviewed it and see that you have completed it adequately. Please note that you Must Not
critique and grade your own proposal.

Day One
Section One - Review
In this section, you will be reviewing one of the other proposals from one of your classmates that
will be eventually forwarded to the board of Executives. You must thoroughly read every page
and take notes based on its organization and neatness. There is a total of Five points possible.
Use the space provided below to provide your notes.

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Signature_______________________

Section Two Identity and Analysis

In this section you must identify different portions of the proposal provided to you that relate to
the terms of Scarcity, Choice, Opportunity Costs, and Comparative Advantage. You must
identify two examples from each term and note the significance that each one of the examples
provides to the proposal. There is a total of Five points possible on this section. Write your
examples identified and analyzed in the spaces provided below.

Scarcity

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Choice

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Opportunity Costs

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Comparative Advantage

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Signature_____________________

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Date______________

Day Two
Section Three Constructive Criticism
In this section you will be meeting with your partner at the start of class. You will talk to each
other regarding the proposals and constructively criticize them in a positive manner. You both
must highlight the problems and obstacles that might affect the outcome of the proposal. There
will be a total of Five points possible. In the space provided, write your criticism for the proposal
you are reviewing. Be sure to include any problems/obstacles you have found.

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Section Four Solutions & Suggestions

In this final section, you will discuss with your partner the possible solutions that can be used to
help fix and organize the proposal you have constructively criticized. You want to aim for a
proposal that is as flawless as possible before you forward it to the board of executives in the
marketing sector. There is a total of Five points possible on this final section. Use the space
provided below to write down your suggestions and solutions to fix the proposal you reviewed.

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Signature___________________

Grading Rubric
Score

I can thoroughly
examine an economic
proposal for a product
and create helpful
notes to describe the
proposal.

The notes I have

provided are very
clear and can easily
describe the
proposals
organization and
neatness.
I have identified and
evaluated the
significance of two or
more examples of
each term with clear
detail.

The notes I have

provided are vague
and can describe the
proposals
organization and
neatness.

The notes I have

provided are unclear
and do not adequately
describe the
proposals
organization and
neatness.
I have not clearly
identified and
evaluated the
significance of at least
one example in each
term with detail.

I can evaluate the

terms of Scarcity,
Choice, Opportunity
Costs, and
Comparative
Advantage within a
proposal.

I have identified and

evaluated the
significance of one or
more examples of
each term with detail.

I can constructively
criticize and point out
problems with the
proposal presented to
me in a positive
manner.

I have constructively
criticized and pointed
out problems and
obstacles of the
proposal with clear
examples and details.

I have constructively
criticized and pointed
out problems and
obstacles of the
proposal with some
examples and details.

I can conclude
reviewing the
proposal and
recommend
suggestions to
improve the proposal
presented to me.

I have finished
reviewing the
proposal and have
made suggestions to
the proposer how to
fix or change their
mistakes. The
suggestions are clear
and easy to
understand.

I have finished
reviewing the
proposal and have
made suggestions to
the proposer how to
fix or change their
mistakes. The
suggestions are
adequate and can be
understood.

I have constructively
criticized and pointed
out problems and
obstacles with the
proposal but with
vague examples and
details.
I have finished
reviewing the
proposal and have
made suggestions to
the proposer how to
fix or change their
mistakes, but my
suggestions are vague
and unclear. It may be
hard to understand
them.

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Date_______________

Student Feedback
Only fill this out when you have completely finished the packet.

1. Do you feel that this has been a fair Performance Task Assessment for your learning
skills in Economics? Why?
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2. How do you feel you preformed on this assessment? What grade do you expect?
Why?
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3. What improvements do you have to suggest to me that I can use to make future
Performance Task Assessments?
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