Assessment
Paper 3 question on balance of payments, exchange rates and monetary policy
IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper...
Assessment
Mark scheme Q8 (unit 4.2-4.3)
This exam-style question was written by me and requires students to identify and then explain two distinct weaknesses of comparative advantage theory. In section B candidates are now required to explicitly...
Assessment
Mark scheme Q14 unit 3.3
This exam style question was written by me for the new syllabus, taking into consideration the guidance received during the recent economics upskilling workshop. Section B questions now require candidates...
.jpg)
Assessment
Mark scheme Q13 unit 3.3
This exam style question was written by me for the new syllabus, taking into consideration the guidance received during the recent economics upskilling workshop. Section B questions now require candidates...
Assessment
Mark scheme Q10 Unit 3.2
This exam-style question focuses on demand- and supply-side policy. Part (a) considers how changes to one of the components might contribute to economic growth. Candidates should explain the impact of...
Assessment
Mark scheme Q4 unit 3.2
This paper 1 style question is in two parts. The first requires candidates to explain how changes to the size of the circular flow of national income are determined by the relative size of the injections...
Assessment
Mark scheme Q9 Unit 3.5-3.7
This exam-style question focuses on supply-side policy. Part (a) considers how reforms to the labour market might contribute to economic growth. Candidates should consider at least two different policies...
Blog
FT Blog: Saudi Arabia plans new alcohol shops to woo foreigners Free
This blog is based on the article published by the Financial Times on 26 November 2025: https://Saudi Arabia plans new alcohol shops to woo foreigners This article is part of the Financial Times free...
Assessment
Mark scheme Q9 unit 2.11
In this paper 1 type question, part A focuses on perfectly competitive firms in the short run and long run and why the absence of barriers to entry will ensure normal profits will be made in the long...
Assessment
Mark scheme Q8 unit 2.11
In this paper 1 type question, part A focuses on monopolistic firms in the short run and long run and why the absence of barriers to entry will ensure normal profits will be made in the long run. Part...