ECON7200 Essay Marking Rubric – Semester 2, 2022 (Marks for each part are given in parentheses, 30 marks in total) Criteria 4 3 2 1 0 Task 1 – Summary (3) Clear and precise summary, with all main points of the article mentioned and explained Good summary, though one main point is missing, or poorly explained The summary is incoherent and/or irrelevant. Some main points are missing, or poorly explained No summary given Task 2 (7) – Definition (1) A clear definition of a related concept is given No definition given – Explaining Fama’s statement (3) Clear explanation, with good use of research to reflect the arguments. Good explanation overall, though some arguments can be weak, or not supported by evidence. Flawed explanation, with severe lack of evidence. No attempt shown Real-life example (3) A clear real-life example of the stock market is given, with data/graph support. A conclusion is reached, clearly tying back to the explanation before Good example overall, though lacking some support, and/or lack of/unclear conclusion, tying to the explanation before Weak example, lacking data/graph support. There is very little/no relation to the explanation before No attempt shown Criteria 4 3 2 1 0 Task 3 (10) – Explanation (1) Good explanation about relevant concept Unclear explanation, or no attempt shown – Assessing Fama’s statement (4) Very clear and insightful discussion. The arguments are valid, and both sides of the argument are given, and discussed in detail Good discussion, though some arguments are flawed. Both sides of the argument are given and discussed Flawed discussion overall, with some irrelevant arguments. Both sides of the argument are mentioned Very flawed discussion, and not all sides of the argument are discussed No attempt shown – Student’s conclusion (1) The conclusion is clear, and is relevant to the discussion above No, unclear, or irrelevant conclusion given – Evidence/application of research (4) Excellent evidence of research, with arguments supported by highly suitable and relevant sources Go
od evidence of research, with most arguments supported by suitable and relevant sources Flawed evidence of research, with some arguments not supported by suitable and relevant sources Some key arguments are not supported by relevant sources, reflecting a lack of depth in reading and/or choice of suitable sources No, or very inconsequential evidence of further research Criteria 4 3 2 1 0 Writing quality (5) – Essay format (1) Clear, and relevant introduction and conclusion No, or irrelevant introduction or conclusion given – Writing style (1) Academic writing style is used, with a good flow between paragraphs, sections, or discussion points Academic writing style is not used, or there is no essay flow between paragraphs, sections, or discussion points – Grammar/Structural clarity (3) Both grammar and spelling are faultless throughout the essay There are occasional grammatical and/or spelling errors but these do not affect readability of the essay Spelling and/or grammar is consistently incorrect, hindering the report’s ‘flow’ and readability. The grammar and spelling are too poor to make sense of most of the essay Presentation (1) The essay has a cover page, detailing name, student ID, and word count Not all details are given, or the word limit is not followed Criteria 4 3 2 1 0 Reference (4) – Reference style (2) Reference style, including reference list and in-text citations, is consistent, and the reference list is alphabetically ordered Reference style, including reference list and in-text citations, is mostly consistent with some errors, or the reference list is alphabetically ordered Inconsistent, or incorrect reference style Important note: even if students use the reference tools from database such as UQ Library or Google Scholar, please double check them as they might be incorrect – Reference quality (2) Quality academic and/or news sources are chosen, which greatly support the arguments Flawed/missing reference list and/or irrelevant/missing in-text citations Inconsequential, or no reference given