Hi Mark, I am confused regarding Developing your argument part in IA. It is stated that 'Having explained your diagram you should now focus on developing your solution'. It means that the student should identify the problem and suggest...
How to write your IAHello, My student submitted this for the global eocnomy IA. Could this work? https://www.bbc.com/news/articles/clynwv7gn2do I was concerned...
Grading practiseYes, that´s why I think it is a good source as a real -world example of joining monetary union, so I would rather keep it with extra activity revealing recent performance of Greece to provide broader picture of impact of monetary union on member states...
Economic integration (some HL tasks)Let me think about this one Kristina, the article is about the problems that were caused by joining the Euro, which was many years ago and presumably have largely been ironed out by now. I will take a look at their overall record since before and...
Economic integration (some HL tasks)Hi, regarding the video of Greece, as it is quite old, it would be beneficial to post another activity with current update how actually is Greece functioning in 2025, as I researched, unemployment fell recently and there is a moderate growth experienced......
Economic integration (some HL tasks)It looks correct to me Raimond, what is incorrect about it?
Determinants of price elasticityDear Sir, I noticed that in Activity 3, unit elastic demand is represented as a straight line. I believe this may not be accurate. Would it be possible to review this? Regards, Raimonds
Determinants of price elasticityKristina, when you select RWEs do make them as specific as possible, so I would suggest a plausible luxury holiday company for example, a company specialising in safari's or ski destinations. In ecah case they would be reluctant to raise prices for...
PED elasticity and sales revenueHi Kristina, This is a really good question. The IB requires 'real-world' in that the example exists and is not just a generic - company X, travel agent Y. For example, you could use Bookings.com. You don't need actual data but you could put...
PED elasticity and sales revenue
Mark
Site authorThat makes sense, Kristina, I was certainly not trying to run the nation down so I will look to do that.
Economic integration (some HL tasks)