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

MS
Answered by Michelangelo S. Economics tutor

12457 Views

See similar Economics IB tutors

Related Economics IB answers

All answers ▸

Using diagrams and an example, define what is meant by the term "negative externality of consumption". List two policies that can be used to correct for this market failure.


How do you calculate the net social welfare loss due to a negative externality in production?


Evaluate the use of monetary policy to achieve macroeconomic objectives.


Evaluate the view that fiscal policy is the most effective way of achieving long-term economic growth


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning