Moving on. Group 3 I learn better when I have sample essays to work with and mimic so I was hoping if I could find them somewhere. Reason being that they block users from downloading files, whether or not it is illegal - due to no reason other than high traffic. The FTP link requires log-in. I’m not done explaining it yet. Press J to jump to the feed. Note that the subreddit is not run by the International Baccalaureate. ( I am including this mostly for the past papers.) Planning is key and I know it’s a cliché to say this but when you fail to plan, you plan to fail. Press question mark to learn the rest of the keyboard shortcuts, Alumni [40] | HL: Math, EngL&L, CompSci | SL: Econ, Phys, JpAb, 41 HL Math 6 Phys 6 Econ 7 SL Chem 7 Eng Lit 6 French 6 | AB, Alumnus | [38] (I don't have any QBs or papers to send), Alumni | [HL - BM, ITGS, English SL - Physics, Maths, French]. Thanks! Trust me. Here we go ladies and gents. Study resources Family guide University advice. You can try the questions and then check the mark scheme to see how your response measures up. Crowding out: You could discuss how interest rates went to 0 in the Eurozone after the financial crisis and how the crowding out effect didn't occur. Either way you do it, make sure you’re arranging more time for the 15 marker. So it would be something like: “Overall, upon further analysis, while it’s true that there are potential drawbacks to multiple consumers for the implementation of an indirect tax on cigarettes, there are also numerous more advantages to be considered which could benefit society and the government in the long run”. Hey guys. So in the 10 mark question above, you may choose to define what an indirect tax is and also what demerit goods are (because cigarettes are demerit goods). So let’s get into it. Changes in wealth: UK/US housing market has drastically increased in value, Examples of automatic stabilizers: Unemployment benefits and progressive taxes, Interventionist supply-side policies: Denmark (though they have an insanely high income tax rate). Decrease in AD: UK's austerity measures and recent increase in interest rates. Don’t worry too much about that though. Look I know you’ve done a ton of reading already. You could get some very easy marks, I’m talking 2 or 3 marks even, for drawing the diagram correctly, labelling the diagram correctly, and titling it correctly. So how would you go about answering a 10 mark question using the DEED format? This is where you use that thing in your skull called a brain to really impress your examiners. Do a lot of practice before walking into that test. Your explanation revolves around telling the examiner how the indirect tax affects all three stakeholders. Depending on how fast you write, you could split it into a 15 minute and 30 minute arrangement; 15 minutes for the 10 marker and 30 minutes for the 15 marker. It’s called DEED in the case of the 10 mark question and DEEDE in the case of the 15 mark question. Price mechanism: Any good/service that you've noticed that has been recently introduced at a high price level, and due to an unexpected lack of demand, has decreased in price, -Elastic: Branded water bottles (due to substitutes), -Inelastic: Cigarettes (as they're addictive), -Inelastic: Any primary commodity such as wheat, oil, Subsidies: Agriculture in the US - many argue it's causing inefficiencies within the industry and accuse them of 'dumping' their agriculture in other countries. Stupendous, Rhys. First Edition; Second Edition ; Third Edition; Fourth Edition; REDDIT; DISCORD; TELEGRAM × r/IBO Discord Server Important Rule. There will be no exception for this IB economics paper 1 tips article. Probably a crap example but you get the idea. Simple as that. DO NOT go down that path. Moving on. Note that the subreddit is not run by the International Baccalaureate. This is the unofficial subreddit for all things concerning the International Baccalaureate, an academic credential accorded to secondary students from around the world after two vigorous years of study, culminating in challenging exams. New comments cannot be posted and votes cannot be cast. Trust me. Two definitions defined. Include your diagrams folks because it’ll make all the difference. Search this site. Personally, I was taught to allocate 17 or 18 minutes to writing the 10 marker and 28 or 27 minutes for the 15 marker. It’s so easy to pick up marks here that you BETTER remember to include them. RULE 13 - Piracy is strictly forbidden, as per the Discord Community Guidelines. Bare with me now. That’s the general gist of how you would approach the example stage of your 10 markers. For the 15 mark questions, this part makes all the difference between a 6 and a 7. Sort by. Lad. Planning is key and I know it’s a cliché to say this but when you fail to plan, you plan to fail.

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