Ib Economics Hl Paper 2 TextEconomics is a required course for any business, math, or public administration degree. Here you will find revision notes, interactive quizzes, short answer and essay type questions. The aims of the economics course at higher level and standard level are to: provide students with a core knowledge of economics encourage students to think critically about economics promote an awareness and understanding of internationalism in economics encourage students 39 development as independent learners enable students to distinguish between positive and normative economics enable students to recognize their own tendencies for bias. A data response paper 40 marks assessment objectives 1, 2, 3, 4 syllabus content: section 3 mdash international economics students answer one question from a choice of two. 20 marks syllabus content: section 4 mdash development economics students answer one question from a choice of two. 20 marks internal assessment 20 teaching hours 20% this component is internally assessed by the teacher and externally moderated by the ib at the end of the course. Students produce a portfolio of three commentaries, based on different sections of the syllabus and on published extracts from the news media. Maximum 750 words x 3 45 marks like this unlike like this unlike like this unlikeThe paper usually consists of a range of different topics so you 39 ll need to be prepared to answer questions on various topics. For example, the eco paper i have right here has questions on: market failure, perfect competition market structures, types of inflation, customs unions, using fiscal to reduce unemployment and the effectiveness of aid in development. Also, every question asked in paper 2 asks you to explain a certain action/theory, and may explicitly ask you to use a diagram. Below is a description directly from the syllabus what paper 2 for standard levels will be about. Bull the principal focus is on section 3 of the syllabus mdash international economics. Bull while the principal focus of the questions is on section 3, it is likely that students will be required to draw on other sections of the syllabus. Bull the command terms used in each question, or part thereof, indicate the depth required. Bull part b of each question requires knowledge and understanding, application and analysis, and selection, use and application of a variety of appropriate skills and techniques. Bull part of each question requires knowledge and understanding, application and analysis, and selection, use and application of a variety of appropriate skills and techniques. Bull part d of each question requires knowledge and understanding, application and analysis, and synthesis and evaluation. Bull the principal focus is on section 4 of the syllabus mdash development economics. Bull while the principal focus of the questions is on section 4, it is likely that students will be required to draw on other sections of the syllabus. Responses are assessed with an analytic markscheme specific to the question paper, which indicates the required responses, any particular breakdown of marks and the markbands used to allocate marks. like this unlike like this unlike
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