How should I structure IB Economics Paper 1 style questions?

Part (a) 10 marks, Explain... (15 minutes approx). -Plan your answer (5 mins) Make sure to include: -Definitions of key terms -Graphs -Explanations for graphs and theory/concepts, backed up with examples To get 9 or 10 marks, you need to demonstrate: -Clear understanding of the specific demands of the question -Relevant economic theory clearly explained and developed -Relevant economic terms clearly defined -No major errors -Where appropriate, diagrams included and explained -Where appropriate, examples used Part (b) 15 marks, Evaluate...or discuss a statement (30 mins) -Plan your answer (5 mins) Make sure to include: -Definitions of key terms -Graphs -Explanations for graphs and theory/concepts, backed up with examples -Evaluation!: ->consider short-term versus long-term consequences ->examine the impact on different stakeholders ->discuss advantages and disadvantages ->prioritize the arguments ->and remember for macro that you can evaluate according to each macroeconomic objective --->CHOOSE 1 or 2 OF THESE TECHNIQUES To get 13 to 15 marks, you need to demonstrate: - Clear understanding of the specific demands of the question -Relevant economic theory clearly explained and developed -Relevant economic terms clearly defined -No major errors -Where appropriate, diagrams included and explained -Where appropriate, examples used -Evidence of appropriate evaluation

Answered by Michelangelo S. Economics tutor

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