Economics HL paper 2

[Maryom93]

Heey everyone!!

Could someone please tell me how does economics paper 2 look like?

I would appreciate your help

[SerUmbras]

My teacher said you only really need 1 page per question in this paper - about 3/4 page of writing and a diagram. As IB Failing said, they may explicitly ask for a diagram, but if they don't, use one anyway. They love diagrams. That and the fact that, in most of the markschemes, they say you need one.

[IB-Adam]

It's a 1 hour paper (on the same day as Paper 1) with 3 questions. It's like 3 'short essays' you have to complete, giving you around 20 minutes on each one, with each question worth 10 marks.

The paper usually consists of a range of different topics so you'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. As you can see, 2 micro, 2 macro, 1 trade and 1 development question.

Each paper varies in spread of questions obviously, so google around. Also, EVERY question asked in Paper 2 asks you to explain a certain action/theory, and may explicitly ask you to use a diagram.

Remember that those who Graduate in May 2013 have a new syllabus in Economics. Paper 1 and 2 for both SL and HL will last for 1h and 30m each. Paper 3 for HL is for 1h. Below is a description directly from the syllabus what Paper 2 for standard levels will be about. Hopefully this will clarify everything and allow us to reject any myths.

// Adam

Section A

• The principal focus is on section 3 of the syllabus—international economics.

• 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.

• The command terms used in each question, or part thereof, indicate the depth required.

• Part (a) of each question requires knowledge and understanding. It is subdivided into (i) and (ii). The

maximum for each of these is 2 marks, with a combined maximum of 4 marks.

• 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. The maximum for this

part is 4 marks.

• Part © of each question requires knowledge and understanding, application and analysis, and

selection, use and application of a variety of appropriate skills and techniques. The maximum for this

part is 4 marks.

• Part (d) of each question requires knowledge and understanding, application and analysis, and

synthesis and evaluation. The maximum for this part is 8 marks.

• The section A question is worth a total of 20 marks.

Section B

• The principal focus is on section 4 of the syllabus—development economics.

• 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.

• The command terms used in each question, or part thereof, indicate the depth required.

• Part (a) of each question requires knowledge and understanding. It is subdivided into (i) and (ii). The

maximum for each of these is 2 marks, with a combined maximum of 4 marks.

• 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. The maximum for this

part is 4 marks.

• Part © of each question requires knowledge and understanding, application and analysis, and

selection, use and application of a variety of appropriate skills and techniques. The maximum for this

part is 4 marks.

• Part (d) of each question requires knowledge and understanding, application and analysis, and

synthesis and evaluation. The maximum for this part is 8 marks.

• The section B question is worth a total of 20 marks.

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.

Overall, the maximum for paper 2 is 40 marks.

Edited November 3, 2012 by IB-Adam

[IB Failing]

Remember that those who Graduate in May 2013 have a new syllabus in Economics. Paper 1 and 2 for both SL and HL will last for 1h and 30m each. Paper 3 for HL is for 1h. Below is a description directly from the syllabus what Paper 2 for standard levels will be about. Hopefully this will clarify everything and allow us to reject any myths.

// Adam

Section A

• The principal focus is on section 3 of the syllabus—international economics.

• 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.

• The command terms used in each question, or part thereof, indicate the depth required.

• Part (a) of each question requires knowledge and understanding. It is subdivided into (i) and (ii). The

maximum for each of these is 2 marks, with a combined maximum of 4 marks.

• 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. The maximum for this

part is 4 marks.

• Part © of each question requires knowledge and understanding, application and analysis, and

selection, use and application of a variety of appropriate skills and techniques. The maximum for this

part is 4 marks.

• Part (d) of each question requires knowledge and understanding, application and analysis, and

synthesis and evaluation. The maximum for this part is 8 marks.

• The section A question is worth a total of 20 marks.

Section B

• The principal focus is on section 4 of the syllabus—development economics.

• 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.

• The command terms used in each question, or part thereof, indicate the depth required.

• Part (a) of each question requires knowledge and understanding. It is subdivided into (i) and (ii). The

maximum for each of these is 2 marks, with a combined maximum of 4 marks.

• 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. The maximum for this

part is 4 marks.

• Part © of each question requires knowledge and understanding, application and analysis, and

selection, use and application of a variety of appropriate skills and techniques. The maximum for this

part is 4 marks.

• Part (d) of each question requires knowledge and understanding, application and analysis, and

synthesis and evaluation. The maximum for this part is 8 marks.

• The section B question is worth a total of 20 marks.

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.

Overall, the maximum for paper 2 is 40 marks.

Whoops... Keep forgetting my cohort is like the last on this version of the syllabus. I better delete my first post before it confuses anyone .

Edited November 3, 2012 by IB Failing

[Maryom93]

It's a 1 hour paper (on the same day as Paper 1) with 3 questions. It's like 3 'short essays' you have to complete, giving you around 20 minutes on each one, with each question worth 10 marks.

The paper usually consists of a range of different topics so you'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. As you can see, 2 micro, 2 macro, 1 trade and 1 development question.

Each paper varies in spread of questions obviously, so google around. Also, EVERY question asked in Paper 2 asks you to explain a certain action/theory, and may explicitly ask you to use a diagram.

Remember that those who Graduate in May 2013 have a new syllabus in Economics. Paper 1 and 2 for both SL and HL will last for 1h and 30m each. Paper 3 for HL is for 1h. Below is a description directly from the syllabus what Paper 2 for standard levels will be about. Hopefully this will clarify everything and allow us to reject any myths.

// Adam

Section A

• The principal focus is on section 3 of the syllabus—international economics.

• 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.

• The command terms used in each question, or part thereof, indicate the depth required.

• Part (a) of each question requires knowledge and understanding. It is subdivided into (i) and (ii). The

maximum for each of these is 2 marks, with a combined maximum of 4 marks.

• 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. The maximum for this

part is 4 marks.

• Part © of each question requires knowledge and understanding, application and analysis, and

selection, use and application of a variety of appropriate skills and techniques. The maximum for this

part is 4 marks.

• Part (d) of each question requires knowledge and understanding, application and analysis, and

synthesis and evaluation. The maximum for this part is 8 marks.

• The section A question is worth a total of 20 marks.

Section B

• The principal focus is on section 4 of the syllabus—development economics.

• 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.

• The command terms used in each question, or part thereof, indicate the depth required.

• Part (a) of each question requires knowledge and understanding. It is subdivided into (i) and (ii). The

maximum for each of these is 2 marks, with a combined maximum of 4 marks.

• 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. The maximum for this

part is 4 marks.

• Part © of each question requires knowledge and understanding, application and analysis, and

selection, use and application of a variety of appropriate skills and techniques. The maximum for this

part is 4 marks.

• Part (d) of each question requires knowledge and understanding, application and analysis, and

synthesis and evaluation. The maximum for this part is 8 marks.

• The section B question is worth a total of 20 marks.

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.

Overall, the maximum for paper 2 is 40 marks.

Thank you very much

[IB-Adam]

If you are taking Economic HL:

You have one hour to do this paper and it is also worth 20% of your final grade. [Now you are referring to Paper 3, not Paper 2.]

If you are taking Economic SL, which I am taking it :

This is the "data-response" paper and you have two hours to do it. It is worth 50% of your final grade, so it carries the most weight. [No, Paper 2 for SL is worth 40% of your final grade, and the time for the test is 1h and 30m. Paper 2 for HL is worth 30% and the time to sit it is also 1h and 30m.]

This is misleading and wrong. Read my post above.