Summative Assessment

Here is a link to the first ten questions to the AKS 17: Scarcity Test. In Gwinnett County, we have expanded the GPS into the AKS, or Academic Knowledge and Skills.

Economics AKS 17 is:

explain why limited productive resources and unlimited wants result in scarcity, opportunity costs, and trade-offs for individuals, businesses and governments  (GPS) (SSEC_C2007-17)

• 17a - define and give examples of scarcity
• 17b - define opportunity cost as the next best alternative given up when individuals, businesses and governments confront scarcity by making choices
• 17c - define and give examples of the four factors of production (land, labor, capital, entrepreneurship)
• 17d - discuss a variety of strategies for allocating scarce resources (production possibilities curve, decision making grid)
• 17e - illustrate by means of production possibilities curve the trade-offs between two options
• 17f - explain that rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs - published by Gwinnett County Schools 

Validity: The test is valid because ever question is directly correlated to an indicator of achievement (the letter designations) inside the AKS. Before the test can be taken, all assignments will be turned in and returned with feedback.

Reliability: The test is reliable because it is similar to questions students will see on the EOCT. This test has been used on other students. The questions, answers, and distractors are relative to the types of items they were taught. 

Security: The D2L format allows me to place one question at a time and have several random questions to assess each indicator of achievement. I can also set a time limit and attempt limits for each test.