Standards matrix Dimension A B C D E Knowledge and understanding The student work has the following characteristics: thorough and accurate description of economic terms, facts, concepts, principles, and the structure and operation of economic models in a variety of economic contexts The student work has the following characteristics: accurate description of economic terms, facts, concepts, principles and the structure and operation of economic models in a variety of economic contexts The student work has the following characteristics: description of economic terms, facts, concepts, principles and the structure and operation of economic models The student work has the following characteristics: partial description of economic terms, facts, concepts or principles The student work has the following characteristics: statement of economic terms, facts or concepts systematic application and thorough explanation, making links and using examples of economic techniques, concepts, models, patterns, similarities and differences in data and information application and detailed explanation, using examples of economic techniques, concepts, models, patterns, similarities and differences in data and information application, using simple examples of economic techniques, concepts, models, patterns, similarities and differences in data and information partial application of economic techniques, concepts, models or information statement of economic techniques, concepts, models or information sustained control of a wide range of appropriate conventions of communication consistent use of a range of appropriate conventions of communication use of appropriate conventions of communication frequent lapses in appropriate conventions of communication frequent lapses in appropriate conventions of communication that impedes understanding Investigation The student work has the following characteristics: discerning selection, thorough and coherent organisation of data and information from a comprehensive variety of sources The student work has the following characteristics: selection and coherent organisation of data and information from a variety of sources The student work has the following characteristics: selection and organisation of data and information from sources The student work has the following characteristics: selection and organisation of data or information The student work has the following characteristics: selection of data or information thorough examination of data for completeness, relevance, accuracy and bias to determine validity detailed examination of data for completeness, relevance, accuracy and bias to determine validity examination of data for completeness, relevance, accuracy and bias to determine validity simple examination of data for completeness or relevance rudimentary examination of data analysis of complex economic relationships through the reasoned interpretation of patterns, data and information analysis of economic relationships through the interpretation of patterns, data and information analysis of economic relationships through the identification of patterns, data and information identification of economic relationships from economic data or information statement of economic relationships
Synthesis and evaluation The student work has the following characteristics: discerning use of a comprehensive variety of viewpoints, economic ideas and decisions to construct complex and substantiated economic understanding The student work has the following characteristics: use of a wide variety of viewpoints, economic ideas and decisions to construct substantiated economic understanding The student work has the following characteristics: variety of viewpoints, economic ideas and decisions to construct economic understanding The student work has the following characteristics: narrow selection of viewpoints, economic ideas or decisions to construct economic understanding The student work has the following characteristics: statement of economic understanding using provided viewpoints, economic ideas or decisions appraisal of economic ideas, through the critical use of implicit or explicit criteria, to draw valid and supported conclusions appraisal of economic ideas, through the considered use of implicit or explicit criteria, to draw valid conclusions appraisal of economic ideas, through the use of implicit or explicit criteria, to draw conclusions appraisal of economic ideas to draw conclusions statement of economic ideas or conclusions purposeful and effective communication of information through sequencing relevant and substantial subject matter to enhance economic meaning purposeful communication of information through sequencing relevant subject matter to enhance economic meaning communication of information through sequencing relevant subject matter to convey economic meaning communication of information through sequencing of subject matter to convey aspects of economic meaning communication of aspects of economic meaning using provided subject matter