90
minutes |
SL
40% |
HL
30% |
two
long essays |
maximum
50 marks |
The structure of the paper
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Specimen Papers and MarkschemesThis 128 page document contains specimen papers and mark schemes for all exams. It is very useful to become familiar with the style and format of the exams.
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Example microeconomic long essayM10/HP1
a. Explain the importance of price elasticity of demand and cross-elasticity of demand for business decision-making. [10 marks] b. Studies have shown that the demand for tobacco tends to be highly price inelastic. Evaluate the view that governments can best reduce smoking by substantially increasing taxes on cigarettes. [15 marks] |
Example macroeconomic long essayN09/HP1
a. Explain the possible causes of a rise in the rate of inflation in an economy. [10 marks] b. Evaluate the possible impact on economic performance that may result from a government decision to bring inflation under control. [15 marks] |
Tips from the 2013 graduating class |
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