Paper Grading Guide - University of Phoenix



Influence of Economics on Household Decision Making Grading Guide

ECO/561 Version 12

Economics

Copyright

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Individual Assignment: Influence of Economics on Household Decision Making

Purpose of Assignment

To locate, retrieve and evaluate the effects of macroeconomic indicators on your own decision making.

Resources Required

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Grading Guide

|Content |Met |Partially Met |Not Met |Comments: |

|Retrieved statistics on the Effective Federal Funds Rate and on| | | | |

|the Consumer Price Index: All Items Less Food and Energy by | | | | |

|year for the last 30 years. Posted these statistics in a single| | | | |

|worksheet of an Excel® workbook and submitted your Excel® file | | | | |

|with student’s report. Discussed how the trends in the | | | | |

|Effective Federal Funds Rate compare with trends in inflation. | | | | |

|Answered these questions: | | | | |

|If student took out a loan to pay for their “big-ticket” | | | | |

|purchase what was the interest rate on their loan? | | | | |

|Were interest rates rising or falling at that time? | | | | |

|Were interest rates relatively high or low at that time? | | | | |

|Discussed the influence of any Federal government or state | | | | |

|government programs, such as tax credits or tax deductions for | | | | |

|energy-saving/efficiency purchases, on student’s decision to | | | | |

|make last big purchase; or if government incentives did not | | | | |

|factor into decision, explained why not. | | | | |

|Developed conclusions about the economy’s influence on personal| | | | |

|and business decision-making relative to purchases of | | | | |

|big-ticket items, investments, or other major purchases. | | | | |

|The analysis is a minimum of 1,050 words in length. | | | | |

| | |Total Available |Total Earned | |

| | | | | |

| | |85 |#/85 | |

|Writing Guidelines |Met |Partially Met |Not Met |Comments: |

|Intellectual property is recognized with in-text citations and | | | | |

|a reference page. | | | | |

|Paragraph and sentence transitions are present, logical, and | | | | |

|maintain the flow throughout the paper. | | | | |

|Sentences are complete, clear, and concise. | | | | |

|Rules of grammar and usage are followed including spelling and | | | | |

|punctuation. | | | | |

| | |Total Available |Total Earned | |

|  | |35 |#/35 | |

|Assignment Total |

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