ECONOMICS GRADE 10 : CIRCULAR FLOW 220020361
Introduction
Task
In today’s lesson you are required to write an essay based on circular flow
40 marks
· Discuss in detail the role of the participants in the closed economy.
· Analyse the importance of markets in the circular flow.
Process
Introduction
Write relevant background information that the reader needs to know. a thesis statement that presents your main point
Body:
Main part: Discuss in detail / In –depth discussion /Examine /Critically discuss/Analyse/Compare/Evaluate /Distinguish/Explain/Assess/Debate
Additional part
Give own opinion/Critically discuss/Evaluate/ Critically evaluate/Draw a graph and explain/Use the graph given and explain/Complete the given graph/Calculate/Deduce/ Compare/Explain/Distinguish/Interpret/Briefly.
Conclusion
Write a brief review of the key points you made in the main body.
Evaluation
|
introduction
(level 1)
|
1-2
marks
|
- is mostly irrelevant
- has only a few valid points
|
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body:main part
(lower)
|
6-9
marks
|
- shows some knowledge of the question
- does not indicate that the meaning of the question has been properly grasped
- contains basic errors of theory
- has an inadequate development of analysis
|
|
body: main part
(middle)
|
10-15
marks
|
- shows an ability to identify facts
- shows some ability at graphs
- shows fair ability to apply known laws to new situations
- has an accurate though undeveloped explanation of the facts relating to the question together with an explanation of the theory
- shows evidence of some ability to discriminate and form elementary judgments
- does not have a clear logical presentation
- does not show much evidence of the ability to recognise unstated assumptions
- does not show much evidence of the ability to examine the implications of a hypothesis
- does not show much evidence of the ability to organise ideas into a new unity
|
|
body:main part
(Higher)
|
15-26
marks
|
- has a more thorough relevance to the question
- does not completely explain the theory
|
|
Additional part
(Lower)
|
2-5
marks
|
- shows a good knowledge of the facts and theory of the question
- shows clear evidence of the ability to use the facts and theory with accurate reference to the question that may have presented the candidate with a novel application
- shows evidence of the ability to examine the implications of the question and an attempt to distinguish between facts and value judgments
- has clear statements supported by reasoned arguments
- has some attempt at a conclusion to the question
- has a reasoned structure to the whole answer
- does not have many extra illustrative points which are not explicitly referred to in the question
- does not have much critical comment
- does not have any recognition of, or comment on, unstated assumptions
|
|
Additional part
(Higher)
|
5-10
marks
|
- shows a thorough knowledge of facts and theory with an excellent ability to describe and explain this in a precise, logical, reasoned manner
- shows an ability to query some of the assumptions
- has illustrations and examples apposite to the material discussed to show evidence of the ability to recognise the principles of the question and their application to the relevant current situations
|
|
|
|
Conclusion
(lower)
|
0-1
marks
|
Mainly unexplained judgement |
|
conclusion
(higher)
|
1-2
marks
|
Judgement based on analysis |
Conclusion
In this lesson I hope learners have fully understand of how important the factor of production (land, labour, capital and entrepreneurship) to the firms and how crucial the factor of income (rent, wages, interest and profit) to the household. And it is very helpful for us to know how the money flow in our economy
please don't forget to do the task!!!!!
Credits
The Circular Flow of Economics: Guide Notes
The Circular Flow of Economics: Personal Example Project Day 1
Teacher Page
you can ask any question here or comments