The purpose of this paper is threefold; first we explain how rubrics can be used in undergraduate economics courses not only as an assessment tool, but also as an effective teaching and learning tool. Next, we show how to design a rubric, using a simple production possibilities frontier (PPF) example with a four-step method that can be applied to any short- answer assignment or exam question. Finally, we provide three additional examples of short- answer questions with accompanying answers and rubrics that instructors can study and use, in order to develop and improve their own rubric-writing skills.
Buttet, S., & Dolar, V. (2014/15). Design and use of rubrics in undergraduate economics courses. PEER: Perspectives on Economic Education Research, 9(1), 36-55.