BUS171 Foundations of Economics: Research Essay Marks Allocation Guide and Feedback Key

Student Name: _____________________________

Student Number: _____________________________
I = Insufficient S = Satisfactory G = Good V = Very Good E = Excellent
I S G V E Marks
Referencing and Essay Structure Maximum 10
(a) At least 6 to 10 credible and relevant references.
(b) Correct in-text citation and referencing using the Chicago style, and referencing consistent with
academic integrity.
(c) Essay structured with a relevant introduction, body paragraphs and conclusion that addresses the
question.
(d) Correct spelling (Australian English not US), grammar, sentence structure and paragraph formation.
(e) Adherence to the word limit (+/- 10%) and prescribed essay formatting outlined in the essay checklist.
(f) Use of academic language; essay written in the 3rd person.
(g) Clear and neat presentation. Refer to the essay checklist.

Essay Answer Maximum 20

(a) Define and explain relevant economic concepts and models (economic diagrams) that are important to
framing a response to the question.
(b) Use relevant economic terminology accurately throughout the essay.
(c) Clearly communicate key ideas, economic knowledge, economic models and theory relevant to
addressing all aspects of the question in a coherent and logically sequenced manner.
(d) Apply relevant economic reasoning and analytical skills to a real world context.
(e) Demonstrate the ability to research, interpret and synthesize relevant sources including data and
empirical evidence to substantiate key ideas and make informed and balanced judgements.

Final Mark and Grade: HD, D, C, P, N. Grade: /30

Note: This essay mark allocation is a guide only. In certain instances, it may be necessary to exercise discretion in the marks allocated to specific essay criteria.

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