Hi Sumeet, Real-world examples are not required for part (a) 10 mark questions. That said, examples, real-world or generic, are always useful in answer part (a) questions. Hope this helps, Alex
Mark scheme Q2 microeconomics (unit 2.7)Is it important to give real world examples for 10 markers or any generic example will work?
Mark scheme Q2 microeconomics (unit 2.7)Hi Nanda, Thanks so much for raising the issues about these questions. I think I have covered the points you make. Can you check I have made the right changes. Kindest, Alex
Paper 2 question on consumer and business confidence, economic growth and economic forecastingHi, Alex.... can you cross check answer of part g and h.
Paper 2 question on consumer and business confidence, economic growth and economic forecastingDennis, where is it written a second time, I cannot see.
Demand worksheetGiffen good is given twice in the answer keys to no.2 , instead of 'inferior good'. Also, was Giffen good explained somewhere in your materials? I can't seem to find it.
Demand worksheetHarini, I must confess that I did not grade this essay, this was marked by the IB and the candidate was my student. I was also a little surprised when this came back as an A but the justification for this was that the title and the sheer volume of...
Annotated extended essay sample 4 (grading criteria)Hi, The RQ has an element of double dipping. Also, in the beginning there is a focus on high prices and when the RQ is mentioned after introduction it has "unavailability" which shows lack of consistency. Hence, I feel score for Criteria A cannot...
Annotated extended essay sample 4 (grading criteria)Correct Daniel
How to write your IA
Sudha
Mark, I have 2 questions one is question 'c' the article talks about Royal Dutch causes the oil spill - its a production negative externality however, your MS shows a consumption externality. How can a oil spill be a negative consumption externality...
Paper 2 question on market failure, inflation, economic growth and exchange rates