This is where Level 7 students separate from Level 5 students. Part (b) tests (AO3) and Use of Real-World Examples (AO4). The command term is almost always "Evaluate" or "Discuss" .
1 hour 15 minutes (for this section) Instructions: Answer one question. Each question has two parts: (a) and (b). Part (a) is worth 10 marks; part (b) is worth 15 marks. ib economics macroeconomics paper 1
To score a 7, you must move beyond describing "what" macroeconomics is to arguing "how well" it works. Draw your diagrams cleanly, define your terms precisely, argue fearlessly, and always— always —bring a real country into your essay. Good luck. This is where Level 7 students separate from
Expansionary fiscal policy involves increasing government spending (G) and/or decreasing taxes (T) to raise aggregate demand. It is used to close a deflationary (recessionary) gap and reduce cyclical unemployment. Price stability refers to low, stable inflation (typically 2% per year). This evaluation will consider short-run demand-side effects and long-run supply-side consequences, using theoretical frameworks and real-world evidence. 1 hour 15 minutes (for this section) Instructions:
This sample meets the IB rubric criteria: knowledge (1–2 marks), application (1–2 marks), analysis (2–4 marks), evaluation (3–6 marks) for part (b).
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