ib economics paper 1 sample answers reddit

Decrease in AD: UK's austerity measures and recent increase in interest rates. For this, we’re going to look at an example from an actual past paper (Please don’t sue me IBO if you’re reading this). Looking for some more studying tips? Press J to jump to the feed. It can be a real life example that you know of or you could make up a hypothetical one .So you could basically go: “For example, the government of country Y decided to implement an indirect tax on cigarettes to reduce the negative effects of passive smoking on non-smokers. Don’t worry too much about that though. RULE 13 - Piracy is strictly forbidden, as per the Discord Community Guidelines. Google Drive is especially rare when it comes to the past papers getting taken down. Planning is a general theme to pretty much all my articles.

Before we move on let’s just clear things up. You want to be making sure you’re allocating your time efficiently. Note that the subreddit is not run by the International Baccalaureate. IB Economics SL Paper 2—1 hour 30 minutes. So how would you go about answering a 10 mark question using the DEED format? IB BOOKS; PAST PAPERS. Planning is key and I know it’s a cliché to say this but when you fail to plan, you plan to fail. Thanks! Economics. Evaluation is probably what chokes up a lot of IB Economics students. I’m not done explaining it yet. Also, you DO need a conclusion so you’ll need to pick, in this case, whether advantages beats disadvantages or the other way around.

2013-2016, with some “graph glossaries” and a few topic notes. And just to confirm, we can use hypothetical examples right, or can they only be real-life ones? It clearly says “Where appropriate, diagrams are included”. Cost-push inflation: Decrease in the UK's exchange rate has led to imports becoming more expensive. Home; Announcements; Foundations; 1.Micro; 2.Macro; 3.International; 4.Development; EE; Forum; IA; Resources; Resources‎ > ‎ Revision. Login here. You can just refer the examiner to the same definition. New comments cannot be posted and votes cannot be cast. It’s not mandatory because you’re essentially referring to the information given to you on the paper but it’s good practice to explicitly reference of cite the info from time to time. Here’s the question in case you forgot: Looks like indirect tax comes up again as a possible term to define. In this time frame, you need to finish: IB Economics SL. It doesn’t need to be a real world example. Depending on how fast you write, you could split it into a 15 minute and 30 minute arrangement; 15 minutes for the 10 marker and 30 minutes for the 15 marker. Planning is a general theme to pretty much all my articles. A reduction in cigarette consumption could also lead to a reduction in negative externalities of consumption in the economy as there would be a reduction in passive smoking etc. Stupendous, Rhys. This is where you use that thing in your skull called a brain to really impress your examiners. This time we’re adding that extra E to DEED. There will be no exception for this IB economics paper 1 tips article. Basically you have to ask yourself “Ok so it’s asking for possible consequences on stakeholders in the market…Right so I have to think about how the indirect tax affects different stakeholders”.

Maximum price: Venezuela - classic example where massive shortages occurred. It is very well explained, with lots of examples that are easy to understand. There will be no exception for this IB economics paper 1 tips article. I do HL btw, do you know any useful examples for Theory of the firm? I was just wondering if anyone has some useful real-life examples to refer to when doing paper 1 questions, since you need to use them to score at least a 7 on the 10 marker, and a 10 on the 15 marker. This is the unofficial subreddit for all things concerning the International Baccalaureate, an academic credential accorded to secondary students from around the world after two vigorous years of study, culminating in challenging exams. A downwards sloping demand curve in a supply and demand diagram for micro-economics sits on a X axis named quantity and Y axis named price.

Press question mark to learn the rest of the keyboard shortcuts, Year 2 | [HL Hist, Econ, Eng L&L; SL Phys, Math, SpanishAb]. Dropbox is, honestly, a bad idea. DEED basically stands for this: And since you know the 15 mark question needs to include and evaluation part to it, you know the final E in DEEDE is going to be: Now you’re going to want to remember this acronym for the test and format your answer entirely around that format. It’s asking for a discussion where you compare the advantages and disadvantages. Sort by. It’s called DEED in the case of the 10 mark question and DEEDE in the case of the 15 mark question. Trust me. So in the 10 mark question above, you may choose to define what an indirect tax is and also what demerit goods are (because cigarettes are demerit goods). Moving on.

First of all, I have to clarify that you use DEED for the 10 mark questions only. For the 15 mark questions, this part makes all the difference between a 6 and a 7. So. This is probably the easier part of the entire 10 marker. Planning is key and I know it’s a cliché to say this but when you fail to plan, you plan to fail. Group 3 I learn better when I have sample essays to work with and mimic so I was hoping if I could find them somewhere.

Don’t worry too much about that though. Moving on. Here we have over 2000 pages of model, exemplar answers to all of our IB Economics exam practice questions and student activities, showing you and your students the level of exam answers required to attain that 7. We’re going to break down these two questions with the handy IB Economics paper tips I have in mind in the next two sections. DO NOT go down that path. I had made a post as a naive IB year 1 student like 3 months into the program, asking for tips to manage the next two years and all of you were actually super helpful (if you wanna see the responses you can go to profile and see the post). So for example in this question, the three that you would pick that would make sense would be the government, consumers, and producers of cigarettes. By Subject; By Year; QUESTIONBANKS. Pretty much “IB Economics Paper One For Dummies” if you know what I’m sayin’. Personally, I was taught to allocate 17 or 18 minutes to writing the 10 marker and 28 or 27 minutes for the 15 marker. Duration: 1 hour 30 minutes + 5 minutes reading time during which you are not allowed to highlight the text/questions, make notes or start any of the answers. Which question deserves more attention? How does implementing an indirect tax help a government raise revenue and reduce the overall consumption of cigarettes?

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