Economics

Assessment

External Assessment 70% at SL 80% at HL. Paper 1: • Standard Level • (30% of your overall mark) • Higher Level (20%) • Extended answers on Microeconomics (Section A) and Macroeconomics (Section B) Paper 2: • Standard Level (40%) • Higher Level (30%) • Data response answers on International Economics (Section A) and Development (Section B) Paper 3: Higher Level only (30%) - Known as the ‘policy paper’, Paper 3 will largely focus on the quantitative elements in the syllabus, but also testing definitions and explanations. The final part of each question will ask you to recommend a policy for the situation you were given. Internal Assessment 30% at SL and 20% at HL. 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 published extracts from the news media linked to different sections of the syllabus.