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Economics essay paper 1

economics essay paper 1

like indirect tax comes up again as a possible term to define. It is worth 10 marks. An example would be that 1 US dollar is equal to 30 yen. There really isnt a right answer as to which point should be the most important in your discussion. You dont need to define a term thats already been defined in the 10 marker.

It shows that you understand the concept, which is what your examiner is looking for. Well tackle this paper part by part. Also, you DO need a conclusion so youll need to pick, in this case, whether advantages beats disadvantages or the other way around. Lenders would also lose because they are repaid with money that is worth less words to use when writing an argumentative essay now than when it was borrowed from them. For example, implementing theories has unintended consequences (i.e. Always label them fully and accurately. A reduction in cigarette consumption could also lead to a reduction in negative externalities of consumption in the economy as there would be a reduction in passive smoking etc.

Challenging theory like this is tough, but there are a lot of marks for you if you can do it well. You get the picture. This part will be shorter BUT ITS still important. If anyone has any more tips to add, feel free to add. Points for diagrams are literally the easiest marks you can get in the IB Economics Exams. So read on folks.

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