ECO 202 Barry University Economics Gender and Auto Insurance Premiums Paper

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ECO 202 Microeconomics
Social-Behavioral
Science Learning Goals
Outcome(s)/Assignment
General Education Assignment
Spring 2020
1. To develop a critical understanding of individual and social behavior
through the concepts, theories, and methods of the social and behavioral
sciences.
2. To demonstrate oral and written communicative competence in the
fundamental concepts and ideas of the social and behavioral sciences.
3. To identify and define the principles and strategies that can create more
compassionate interpersonal relationships and social institutions based on
equity and social justice.
To assess these goals students will use microeconomic principles to analyze,
assess and evaluate the following question: should auto insurance companies
be allowed to charge different premiums based on gender? The student will:
(1) identify, collect, and organize qualitative and/or quantitative information
and data on the issue; (2) employee microeconomic principles to analyze,
assess and evaluate the information and/or data associated with the issue; (3)
provide a 2-3 page written report on the issue.
Satisfactory demonstration of this outcome will be indicated by a score of 3 or
higher on the assignment rubric.
Rubric
The rubric for this assignment is presented below.
General Education/Distribution Assessment Rubric
Trait 1:
Organization and Presentation of Information and/or Data
Students will be graded on this trait by: (1) the relevance and appropriateness of the data and information they
collect; (2) the extent to which they organize and present the information and data in format(s) which facilitate
its analysis, assessment and evaluation.
Trait 2:
Analysis, assessment and evaluation of information and data using microeconomic
principles
Students will be graded on this trait by the degree to which they insightfully, creatively and properly apply the
tools of microeconomic analysis to analyze, assess and evaluate the issue.
Trait 3:
Written communication of issue
Students will be graded on this trait by the extent to which they accurately, precisely and grammatically correctly
they communicate their analysis, assessment and evaluation of the issue.
Trait Scores
(5= highest)
5
Excellent
4
Above Average
3
Average
2
Below Average
1
Unacceptable
ECO 202 Microeconomics
General Education Assignment
Spring 2020
Trait 1
Excellent:
• Information and/or data collected from primary source(s).
• Information and/or data are organized in a manner so as to facilitate insightful analysis.
• Information and/or data are presented in graphic, tabular or other formats so as to support and bolster
the analysis and conclusions.
Above Average:
• Information and/or data collected from one primary source.
• Information and/or data organized in a manner that should aid insightful
analysis.
• Information and/or data are presented to in graphic or tabular formats that support the analysis.
Average:
• Information and/or data from only 1 primary source.
• Information and/or data organized in a manner that minimally aids analysis.
• Information and/or data presented in a fashion that minimally aids analysis.
Below Average:
• Information and/or data not from primary source.
• Information and/or data not organized in a manner that aids analysis.
• Information and/or data not presented.
Unacceptable
• No information and/or data collected, organized and presented.
Trait 2:
Excellent:
• Insightful, creative use of microeconomic principles which demonstrate integration, synthesis and
extension of microeconomics.
Above Average:
• Use of microeconomic principles which demonstrate integration, synthesis and extension of
microeconomics.
Average:
• Appropriate use of microeconomic principles without integration, synthesis and extension of
microeconomics.
Below Average:
• Mis-application and use of microeconomic principles.
Unacceptable:
• No use of microeconomic principles
Trait 3:
Excellent:
• Well written report, organized in a logical fashion with proper paragraph and sentence structure as well
proper grammar, punctuation and spelling.
Above Average:
• Well written report, organized in a logical fashion with proper paragraph and sentence structure and
minimal grammar, punctuation and spelling errors.
Average:
• Report is logically organized but contains noticeable paragraph, sentence grammar, punctuation and
spelling errors.
Below Average:
• Report is poorly written without logical structure and contains multiple paragraph, sentence grammar
punctuation and spelling errors.
Unacceptable:
• No report presented.

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Explanation & Answer:
2 pages

Tags:
microeconomics

gender

Auto Insurance Premiums

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