Assessment
Mark scheme Q4 unit 4 (unit 4.6)
This exam-style question was written by me and includes an explanation of the effectiveness of both expenditure switching and expenditure reducing policies. Section B questions require candidates to...
Assessment
Mark scheme Q3 unit 4 (unit 4.2-4.3)
This exam-style question was written by me and requires students to identify and then explain, with a diagram the impact on two stakeholders. In section B candidates are now required to explicitly apply...
Assessment
Mark scheme Q1 unit 4 (unit 4.5)
This exam style question was written by me on the value of a currency. Students can structure part (a) by including three short paragraphs, one for each of the three factors identified. Section B questions...
Assessment
Mark scheme Q9 unit 3.3
This paper 1 style question, on income inequality, is in two parts. The first part of the question asks candidates to explain why free market economic systems have a less equal distribution of income. ...
Assessment
Mark scheme Q4 unit 3.3
This exam style question is focused entirely on the concept of inflation. Section A might be easy for some students to score well as it requires responses to simply describe the process. However, there...
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Assessment
Mark scheme Q7 unit 3.5-3.6
This paper 1 style question is in two parts. The first requires candidates to explain ways that monetary policy can be used to raise economic growth in the economy. Part (b) requires a far more evaluative...
Assessment
Mark scheme Q3 unit 3.1
This paper 1 style question in two parts. The first requires candidates to provide an explanation of why an economy might go into recession. Candidates must be careful when answering this question that...
Assessment
Mark scheme Q2 unit 3.2
This exam style question is suitable for HL or SL students. In part (a) students must focus on an identificatio of at least two supply-side policies that will increase the rate of LRAS. In part (b) responses...
Assessment
Mark scheme Q11 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 relationship between the PES/PED for a product and the incidence of taxation placed on consumers...
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Assessment
Mark scheme Q10 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 relationship between the PES/PED for a product and the incidence of taxation placed on consumers...