ECONOMICS ~ language progressions
LEVEL 1
1.1
CONSUMER CHOICES
ACHIEVED
Understanding
Achievement criteria


Defining, identifying,
describing or
explaining …
Clearly illustrating
changes using the
demand model

MERIT
Detailed
understanding
Providing a detailed
explanation of …



1.2
DECISIONS ABOUT PRODUCTION
ACHIEVED
Understanding
Achievement criteria


1.3
Defining, identifying,
describing or
explaining …
Presenting data or
information


MERIT
Detailed
understanding
Providing a detailed
explanation …
Using data or
information to
support
explanations of …


EXCELLENCE
Comprehensive
understanding
Linking detailed
explanations of …
with detailed
explanations of …
Integrating
supporting data or
information into
explanations of …
PRODUCER CHOICES USING SUPPLY
ACHIEVED
Understanding
Achievement criteria


1.4
EXCELLENCE
Comprehensive
understanding
Providing an
integrated
explanation of …
Linking detailed
explanations of …
with detailed
explanations of …
Integrating changes
in demand into
detailed
explanations
Defining, identifying,
describing or
explaining …
Clearly illustrating
changes using
supply model

MERIT
In-depth
understanding
Providing a detailed
explanation …


EXCELLENCE
Comprehensive
understanding
Linking detailed
explanations of …
with detailed
explanations of …
Integrating changes
in supply into
explanations of …
MARKET EQUILIBRIUM
Achievement criteria
ACHIEVED
Understanding
MERIT
In-depth
understanding
1
EXCELLENCE
Comprehensive
understanding


1.5

Providing a detailed
explanation …


Linking detailed
explanations of …
with detailed
explanations of …
Integrating changes
in … into detailed
explanations
GOVERNMENT CHOICE
ACHIEVED
Understanding
Achievement criteria




1.6
Identifying,
describing or
providing an
explanation …
Clearly illustrating
changes using
supply and demand
model
Describing or
providing an
explanation of …
Identifying options
by collecting
information …
Identifying costs and
benefits of options
Explanation of a
recommendation




MERIT
In-depth
understanding
Providing a detailed
explanation of …
Identifying options
and compromises by
collecting
information …
Ranking options on
the basis of costs
and benefits
Justifying a
recommendation by
…




EXCELLENCE
Comprehensive
understanding
Providing a detailed
explanation of …
Identifying options
and compromises by
collecting
information …
Ranking options by
weighting different
costs and benefits
Justifying a
recommendation by
providing detailed
explanations of …
INTERDEPENDENCE
ACHIEVED
Understanding
Achievement criteria



Identifying, defining
or describing …
Providing an
explanation of …
Constructing an
economic model …

MERIT
In-depth
understanding
Providing a detailed
explanation of …
using economic
models


EXCELLENCE
Comprehensive
understanding
Providing a detailed
explanation of …
using an economic
model
Linking detailed
explanations of …
with detailed
explanations of …
using an economic
model
LEVEL 2
2.1
INFLATION
ACHIEVED
Understanding
Achievement criteria


Identifying, defining
or describing …
Explaining …

MERIT
Detailed
understanding
Providing a detailed
explanation of …


2
EXCELLENCE
Comprehensive
understanding
Analysing … by
comparing and/or
contrasting …
Analysing by
integrating changes
shown on economic
models into detailed
explanations
2.2
INTERNATIONAL TRADE
Achievement criteria
2.3
ACHIEVED
Analyse international
trade
 Identifying, defining
or describing …
 Explaining …
ACHIEVED
Analyse economic
growth


MERIT
Analyse economic
growth in-depth
Identifying, defining
or describing …
Explaining …

ACHIEVED
Analyse
unemployment
MERIT
Analyse
unemployment indepth
 Providing detailed
explanation of …
Providing detailed
explanation of …


EXCELLENCE
Analyse economic
growth
comprehensively
Analysing … by
comparing and/or
contrasting …
Analysing by
integrating changes
shown on economic
models into detailed
explanations
UNEMPLOYMENT
Achievement criteria


2.5
EXCELLENCE
Analyse international
trade comprehensively
 Analysing … by
comparing and/or
contrasting …
 Analysing by
integrating changes
shown on economic
models into detailed
explanations
ECONOMIC GROWTH
Achievement criteria
2.4
MERIT
Analyse international
trade in-depth
 Providing detailed
explanation of …
Identifying, defining
or describing …
Explaining …
EXCELLENCE
Analyse unemployment
comprehensively


Analysing … by
comparing and/or
contrasting …
Analysing by
integrating changes
shown on economic
models into detailed
explanations
TWO CONTEMPORARY ECONOMIC ISSUES
Achievement criteria
ACHIEVED
Analyse statistical data


MERIT
Analyse statistical
data in-depth
 Providing detailed
explanations …
Processing and
presenting statistical
data … to show trends
Providing
3
EXCELLENCE
Analyse statistical data
comprehensively
 Making a justified
forecast … using
extrapolated
statistical data …
explanations of
inter/relationships …
using economic
concepts and/or
models
2.6
GOVERNMENT POLICIES AND CONTEMPORARY ISSUES
ACHIEVED
Analyse
Achievement criteria


2.7
MERIT
Analyse in-depth

Identifying, stating
or describing …
Providing
explanations of …
Providing detailed
explanations …


EXCELLENCE
Analyse
comprehensively
Justifying a …
Integrating changes
shown on … into
detailed explanations
ANALYSE CONTEMPORARY ISSUE USING CONCEPTS/MODELS
ACHIEVED
Analyse
Achievement criteria


MERIT
Analyse in-depth

Identifying, stating
or describing …
Providing
explanations of …
Providing detailed
explanations …


EXCELLENCE
Analyse
comprehensively
Analysing … by
comparing and/or
contrasting …
Integrating changes
shown on … into
detailed explanations
LEVEL 3
3.1
MARKET EQUILIBRIUM
ACHIEVED
Understanding
Achievement criteria


3.2
Explaining …
Using economic
model to illustrate
concepts …


MERIT
Detailed
understanding
Providing detailed
explanations of …
Using economic
model to … support
detailed
explanations of …


EXCELLENCE
Comprehensive
understanding
Analysing … by
comparing and/or
contrasting …
Integrating … into
explanations … that
compare and/or
contrast …
MARGINAL ANALYSIS
ACHIEVED
Understanding
Achievement criteria


Explaining …
Using economic
model to illustrate
concepts …


4
MERIT
Detailed
understanding
Providing detailed
explanations of …
Using economic
model to … support
detailed
explanations of …


EXCELLENCE
Comprehensive
understanding
Comparing and/or
contrasting …
Integrating … into
explanations …
3.3
MICRO-ECONOMIC CONCEPTS
ACHIEVED
Understanding
Achievement criteria



3.4




EXCELLENCE
Comprehensive
understanding
Using detailed
explanation,
supported by models
and data, and/or
information to
justify …
GOVERNMENT INTERVENTIONS
ACHIEVED
Understanding
Achievement criteria


3.5
Explaining …
Using economic
model to illustrate
concepts …
Processing and/or
presenting data or
information …
MERIT
Detailed
understanding
Providing detailed
explanations of …
Using economic
model to … support
detailed explanation
Using data or
information to
support detailed
explanation
Explaining …
Using economic
model to illustrate
…


MERIT
Detailed
understanding
Providing detailed
explanations of …
Using economic
model to … support
detailed explanation


EXCELLENCE
Comprehensive
understanding
Making justified
recommendation …
Integrating an
economic model into
justified
recommendation
MACRO-ECONOMIC INFLUENCES
ACHIEVED
Understanding
Achievement criteria



Explaining …
Identifying, defining,
calculating,
describing or
explaining …
Using economic
models to illustrate
concepts …


5
MERIT
Detailed
understanding
Providing detailed
explanations of …
Using economic
model to … support
detailed
explanations …


EXCELLENCE
Comprehensive
understanding
Comparing and/or
contrasting …
Integrating … into
explanations … that
compare and/or
contrast …