Hello Mark, as a heads up, on question c, the stakeholders don't appear on the PDF
Paper 3 question on tariffs and quotasIsabel I would agree with you in the case of cigarettes but the majority of demerit goods are normally production externalities, for which the diagram is perfect. You need to have a discussion with your students about the difference between a production...
Unit 2.8: Demerit goods / negative externalitiesThank you, Mark. A colleague of Isabel.
The market for foreign exchangeThe video from Mr. Clifford illustrates and explains negative externalities of production, but the issue with demerit goods is on the demand side, a consumption problem, which is at odds with the other activities in this worksheet - If I would have...
Unit 2.8: Demerit goods / negative externalitiesHi Mark, the worksheet for the Bosch activity at the top of this page doesn't match the site's activity. Just wanted to let you know...
Unit 4.6 Balance of paymentsMay I clarify the graph? The text under the graph says that the marginal cost of the flood barrier equals zero. To match this description, should not the marginal cost curve lie on the horizontal axis? Thanks!
Unit 2.9: Public goodsOf course, Cameron
How to write your IAHi Mark, Can SL students use HL topics in their IA's?
How to write your IAThank you Isabel, it should be a rise in demand for the $ and a rise in supply for £, not a fall, causing it to devalue, thank you for noticing.
The market for foreign exchange
Mark
Site authorThank you Andres, they have now been added.
Paper 3 question on tariffs and quotas