Tuesday, May 6, 2014

Economics Final Exam Create-A-Test (Part One)

Economics Final Exam Create-A-Test (Part 1)
- Using your notes in your binder, study guides, and materials from your textbook from Econ Chapter 5 and 6 that we covered in class,

  1. Elastic
  2. Inelastic
  3. Supply Curve
  4. Demand Curve
  5. Demand Schedule
  6. Supply Schedule
  7. Equilibrium
  8. Disequilibrium
  9.  Shortage  (Causes& Impact )
  10. Surplus (Causes& Impact )
  11. Price Ceiling (example)
  12. Price Floor  (example)
  13. Law of supply
  14. Law of Demand
  15. Shifts of Supply (input prices, technology, subsidies, taxes, regulation, future expectations, number of sellers)
  16. Prices
  17. Fixed cost
  18. Variable cost
  19. Total cost
  20. Marginal cost

Create the following:                                                                     
Amount of Questions
Type of Question
15
Multiple Choice (must have 4 choices: A, B, C, D)

5
True or False

Total of 20 Questions


Guidelines
- Use your best handwriting and grammar -- print only
- Create a separate Answer Key for your test. DO NOT answer on the test.
- Staple a cover sheet to your test and key with your Group Name and period on it.
- All questions must be in your own words. DO NOT copy questions straight out of the book.
- Make up questions that you know you could answer if you had studied the material.
- This is assignment is for a group grade due today, May 8, 2014 to the substitute teacher! (No Exceptions)
- FYI: Plagiarism = zero


BelowBasic/Inadequate
1 pts
Basic/Acceptable
3 pts
Proficient
5 pts
Question Total Amount
Test Questions total less than 15 questions
Test questions total at least 16-19  questions
Test questions total 20 questions
Question Clarity 
Test items are ambiguous or vague to cause confusion on the part of students; Lacks age-appropriate language 
Most test items are worded clearly; Some questions are unclear and may use vocabulary at a higher or lower grade level. 
All test items are worded clearly so that students understand the meaning of questions (age-appropriate) 
Answer Key 
Incomplete or missing answer key or inaccurate responses 
Answer key included with some inaccurate/incorrect answers 
Complete, accurate answer key included 
Grammar & Spelling 
Numerous grammar and spelling errors 
Some grammar and/or   spelling errors 
Free from grammar and spelling 

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