Assessment
Mark scheme Q5 unit 2.11
This exam style question is from the HL section of the syllabus. This question was probably better illustrated by the 'kinked' demand curve which is no longer part of the syllabus but responses can also...
Assessment
Mark scheme Q15 microeconomics (unit 2.1-2.3)
This exam style question can be completed as a homework or in-class written exercise. Section B questions now require candidates to explicitly apply their response to a real world situation. Responses...
Assessment
Paper 3 question on government debt
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...
Blog
FT Blog: US adds 119,000 jobs in September but unemployment hits four-year peak Free
Figures complicate Fed decision on rates next month This blog is based on the article published by the Financial Times on 20 November 2025: The link for the article is: US adds 119,000 jobs in September...
Assessment
Mark scheme Q14 microeconomics (unit 2.7)
This exam style question can be completed as a homework or in-class written exercise. Section B questions now require candidates to explicitly apply their response to a real world situation. Responses...
Blog
FT blog: Legislation and regulation in monopoly Free
This blog is based on the article published by the Financial Times on : 17 November 2025 The link for the article is: https://www.ft.com/content/1d2c63f8-58ee-4777-b718-dac2b39e1a83 This article is part...
Assessment
Mark scheme Q13 microeconomics (unit 2.5-2.6)
This paper 1 style question contains section (a) and part (b) questions. Part A asks candidates to explain the factors that might explain a rise in oil prices. Responses should include one demand and...
Assessment
Mark scheme Q9 microeconomics (unit 1)
This paper 1 style question contains section (a) and part (b) questions. Part A asks candidates to explain the benefits of a free market economy, from the viewpoint of consumers. Responses should highlight...
Assessment
Mark scheme Q3 microeconomics (unit 2.7)
This exam style question was written for the new syllabus and can be completed as a homework or in-class written exercise. Section B questions now require candidates to explicitly apply their response...
Assessment
Paper 3 question on demand, utility, PED and price controls
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...