Simulation CheckPoint

profileSassyBearMamma
ModuleFourSimulationCheckpointAssignmentGuidelinesandRubric-ECO-201-T3822Microeconomics22EW3.pdf

1/29/22, 11:59 AM Module Four Simulation Checkpoint Assignment Guidelines and Rubric - ECO-201-T3822 Microeconomics 22EW3

https://learn.snhu.edu/d2l/le/content/956443/viewContent/16363088/View 1/2

Overview

This simula�on checkpoint assignment directly supports your success on the course project. You will play the simula�on games, create the image file of your simula�on report, and

discuss learned concepts and experiences in your submission.

Direc�ons

For this assignment, first play the simula�on games Externali�es Without Policy Interven�ons and Externali�es With Policy Interven�ons in the MindTap environment. Then you will

report your experiences playing those games. Your work in this assignment will directly support your success on the course project.

In your submission, remember to include the images of your simula�on reports. See the How to Submit a Simula�on Report Image document for more informa�on. Then, reflect on the

decisions you made in the simula�on and address the following government interven�on op�ons in your submission:

Government Tools: Discuss tools available to the government to correct a market failure. Provide examples from the textbook.

Supply and Demand Equilibrium: Describe how government interven�on affects the supply and demand equilibrium. Refer to the simula�on game to explain your responses.

Consumer or Producer Surplus: Specify which government interven�ons cause a consumer or producer surplus. Explain how they impact consumer or produce surplus. Provide

examples from the textbook.

Guidelines for Submission

Submit your assignment as a Word document. Use Sec�on 2 of the Final Project Template.

Module Four Simula�on Checkpoint Assignment Rubric

Criteria Proficient (100%) Needs Improvement (55%) Not Evident (0%) Value

Simula�on Image File The submission includes images of the

simula�on reports

The submission does not include an

image of the simula�on report

Does not make a submission 20

Government Tools Iden�fies tools that are available to the

government to correct market failures,

using examples from the textbook

Shows progress toward proficiency, but

with errors or omissions

Does not a�empt criterion 20

Supply and Demand

Equilibrium

Explains how government interven�on

affects the supply and demand

equilibrium, referring to the simula�on

game to explain the answers

Shows progress toward proficiency, but

with errors or omissions

Does not a�empt criterion 20

Consumer or Producer

Surplus

Iden�fies government interven�ons that

cause a consumer or producer surplus,

and explains using examples from the

textbook

Shows progress toward proficiency, but

with errors or omissions

Does not a�empt criterion 20



1/29/22, 11:59 AM Module Four Simulation Checkpoint Assignment Guidelines and Rubric - ECO-201-T3822 Microeconomics 22EW3

https://learn.snhu.edu/d2l/le/content/956443/viewContent/16363088/View 2/2

Criteria Proficient (100%) Needs Improvement (55%) Not Evident (0%) Value

Ar�cula�on of Response Clearly conveys meaning with correct

grammar, sentence structure, and

spelling, demonstra�ng an understanding

of audience and purpose

Shows progress toward proficiency, but

with errors in grammar, sentence

structure, and spelling, nega�vely

impac�ng readability

Submission has cri�cal errors in grammar,

sentence structure, and spelling,

preven�ng understanding of ideas

10

Cita�ons and A�ribu�ons Uses cita�ons for ideas requiring

a�ribu�on, with consistent minor errors

Uses cita�ons for ideas requiring

a�ribu�on, with major errors

Does not use cita�ons for ideas requiring

a�ribu�on

10

Total: 100%