Economics

Economics, studies how people (government, companies, individuals,

etc.) produce and consume goods to satisfy their needs. Most of the time
this is how the humans accomplish these goals with scarce resources.
Economics is divided into two major groups: macroeconomics, which
studies how the country and government behave and manage the social
goods, and the microeconomics, that studies how individuals and
consumers behave and manage their own goods. Adam Smith The
Father of economics, was the first one to talk about economics around
1776, he said that the governments should protect the free-market
competition by through tariffs and taxes.
Nowadays we live in a consumerist era, thats why we depend so much
of money and how to do the exchange rate move. We also depend of oil,
minerals, and businesses and that may affect the economy of the
country, and it can even affect your income. So, this science study how
all this develops. An individual must give a good use to its resources and
for that, it must have take into account the economical environmental
into which is moving on they are moving, because everything is
connected, so if you country is not going well economically you may be
affected.
I think that without economics we couldnt live, because it brings order
to the society, and it is very important to understand how the use of
goods and money to have a good living way for society to live and for
people. So, economics is not only about money and wealth, it is about
social development and how to reach the quality of life we all want to
have. Also, I think it is a big problem when the governments do not use
the taxes or resources well, because they must always work for the
social benefits, but when they dont, not only the economy falls down,
but also the society get worst.

Emilia Cuervo, 8B
A very good essay here, only a few small problems with determiners, word
choice or conjugation
Area
Task Response

high
low
fully addresses all parts of the task
barely responds to the
presents a fully developed position in
task
answer to the question with relevant, fully does not express a

Grade
20-0
20

extended and well supported ideas

Coherence and
Cohesion
Lexical Resource

Grammatical Range
and Accuracy
Formatting

Paragraphs
Capitalization and
punctuation.

uses cohesion in such a way that it

attracts no attention
skilfully manages paragraphing
uses a wide range of vocabulary
with very natural and
sophisticated control of lexical
features; rare minor errors occur
only as slips
uses a wide range of structures with
full flexibility and accuracy; rare minor
errors occur only as slips
Emails have name, class, and title in
subject line.
Essay has a title, name, and class.
Other formatting guidelines are followed.
Student uses paragraph structures.
Forming them correctly based around
subject
Student uses both competently and
fluidly.

position
may attempt to present
one or two ideas
but there is no
development
has very little control of 20-0
organizational
features
uses an extremely limited 20-0
range
of vocabulary; essentially
no
control of word formation
and/or
spelling
cannot use sentence
20-0
forms except in
memorized phrases
Student fails to use
10
formatting
Student fails to use any
form.

19
18

18
10

Student fails to use any. 5

doesnt use sentence
structure

100-0

total
95