Current Market Conditions Competitive Analysis Grading Guide
ECO/365 Version 10 / 3

Current Market Conditions Competitive Analysis Grading Guide

ECO/365 Version 10

Principles of Microeconomics

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Individual Assignment: Current Market Conditions Competitive Analysis

Purpose of Assignment

Students will develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior of their chosen organization in the market served. Using the concept of comparative advantage, students analyze trade opportunities and use the model of supply and demand to explain factors that could affect demand, supply and prices. Students will determine various factors that could affect their organization’s total revenue and will recommend actions the firm could use to maximize their profit and their presence in the market served.

Grading Guide

Content / Met / Partially Met / Not Met / Comments: /
Student researched an organization and product from which an analysis can be conducted.
Student defined the type of markets their selected product will compete in along with an analysis of competitors and customers.
Student analyzed any comparative advantages and international trade opportunities.
Student explained the factors that will affect demand, supply and prices of their product choice.
Student examined factors that will affect Total Revenue including, but not limited to, price elasticity of demand and factors that influence productivity, various measures of costs, including opportunity costs, externalities and government public policy, and their effect on marginal revenue and marginal cost.
Student recommended how their organization can maximize their profit making potential and increase their presence within the market served by the product.
Student useda minimum of three peer-reviewed sources from the University Library.
The paper is 1,750 words in length.
Total Available / Total Earned
10.5 / #/10.5
Writing Guidelines / Met / Partially Met / Not Met / Comments: /
The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements.
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
4.5 / #/4.5
Assignment Total / # / 15 / #/15 /
Additional comments: