Midterm2 grading questions Question 2c 1 point if someone has the logic about tarrifs correct but have thought – import duties on US cars into the European Union were actually tarrifs the other way Question 4a one point for getting T-Bills as asset – One point for reserves as liability One point for cash in circulation as liability One point for getting solution correct no extra numbers – Alternative for 4a ½ point for correct label even if calculation of number is incorrect 4 b,c +2 for getting definition correct. 4b,4c 1 for getting some components correct in calculation – Question 5a, b What to do if the student has misinterpreted one of the rates. Do I – give partial credit for the wrong description of the rate but correct logic? Do I give partial or full explanation credit if they draw the supply/demand graph. Question 6b give 2 points for the correct exchange rates but in the wrong order. – Quesiton 6c give 2 points if they get the right idea for the arbitrage but interpret – the markets incorrectly…. Question 6c give 2 points if the get the right idea for the arbitrage but do not write – down exactly how to do it. Question 6c give 3 points if correct idea for arbitrage and gets mostly correct – making a mistake with one rate. Question 8a 2 points for drawing right graph w/o labels. – 3 points for some correct interest rates but not all correct and correct graph 8b full credit if supply demand on 10 year bond – Question 8b if they mention money supply decreases give a point – 8c&d full credit if they have got the logic wrong –
Midterm2 grading questions Question 2c – 1 point if someone has the logic about tarrifs correct but have thought import duties on US cars into the European Union were actually tarrifs the other way Question 4a – one point for getting T-Bills as asset One point for reserves as liability One point for cash in circulation as liability One point for getting solution correct – no extra numbers Alternative for 4a ½ point for correct label even if calculation of number is incorrect 4 b,c +2 for getting definition correct. 4b,4c – 1 for getting some components correct in calculation Question 5a, b – What to do if the student has misinterpreted one of the rates. Do I give partial credit for the wrong description of the rate but correct logic? Do I give partial or full explanation credit if they draw the supply/demand graph. Question 6b – give 2 points for the correct exchange rates but in the wrong order. Quesiton 6c – give 2 points if they get the right idea for the arbitrage but interpret the markets incorrectly…. Question 6c – give 2 points if the get the right idea for the arbitrage but do not write down exactly how to do it. Question 6c – give 3 points if correct idea for arbitrage and gets mostly correct making a mistake with one rate. Question 8a – 2 points for drawing right graph w/o labels. 3 points for some correct interest rates but not all correct and correct graph 8b – full credit if supply demand on 10 year bond Question 8b – if they mention money supply decreases give a point 8c&d – full credit if they have got the logic wrong
Midterm%20two%20grading.docx