IB Econ Grading

The formal IB Economics Level grading guidelines (following the most recent exams) is as follows. So when you do your practice questions, this is what we will use to determine your IB Grade. These are based on the latest IB Economics exams levels (which change very slightly each year).

For ‘other’, non-IB type assignments, quizes, tests, etc we use the normal Humanities Grade Boundaries:

Humanities Grading

The grade boundary for assessments that are not formal IB Economics material. This would include presentations, posters, multiple choice quizzes. We call these marks the OFS “Humanities Grade Boundaries.”

Assessment Outline - HL

EXTERNAL ASSESSMENT (4 hours) 80% Paper 1 (1 hour and 30 minutes) 30% Spend 45 minutes on each...

1 Ask questions when you don't understand something and when you do. All of my classes are about questioning what we know, how we know it and how we change (and our actions change) as a result of knowing. So if your teacher introduces something in class that you don't get, stop them. Clarify.

If someone else offers a point of view that makes no sense, ask for clarification. One way I can tell that you're truly progressing is by the kinds of questions you're asking.

2 Participate in class discussions. Silence may be golden in some settings, but not in my classroom. By speaking up during class discussions two good things happen: I get to know you better and I get to give you a correction --we get the chance to show you something you didn't realize already. You might be passionate about the subject, but silent passion doesn't help much in my grade book.

3 Be a little bit selfish. If you believe that your success at school is important to your future (and I hope you do) make...

If you are completing the IB Diploma Program in May 2017, the official Theory of Knowledge essay titles you’ll be working with have been released. I've made some step-by-step help videos and other downloadable resources to help you with your essay if you'd like.

Click the blue button below to get full access to these.

And we have ToK Essay Facebook groups. We have one group just for ToK students and another one just for ToK teachers. We'd love to see you in there. The following are the official prescribed titles for the May 2017 session of Theory of Knowledge essay.

Your essay can be up to 1600 words in length. 

The May 2017 ToK Prescribed Essay Titles

1. “It is only knowledge produced with difficulty that we truly value.” To what extent do you agree with this statement?

2. “Facts are needed to establish theories but theories are needed to make sense of facts.” Discuss this statement with reference to two areas...

Here's a great structure to follow when you're writing your Business EE or IA. Keep in mind for your EE that you'll also want to include a lot of extra insights from secondary sources. But this structure will help you manage your main body arguments, which are based on Business analysis. 

Lets say you’ve chosen (as your EE question) to explore whether a restaurant should relocate from one shopping mall to another one. The second location is more popular, but also more expensive. Great!

This is great because it’s a toughy.

Easy questions (questions with pretty obvious answers) are not good extended essay questions because they don’t let you show off how well you know your stuff. You need to get from your Research Question to your Answer, but we need to make sure that we don’t simply jump from one to the other, without doing careful analysis. There are three simple steps you need to follow to make sure you do this properly. It works every time.

To get...

On this, the third of three posts to make sure you score full marks on your Economics Internal Assessments, I want to give you a detailed checklist you can use to check your own work.

I have included what the IB says they expect for full marks, and translated that into actionable steps. If you do everything on the checklist your teacher will have to give you full marks.

A: Diagrams (3 marks)

IB Explanation: This criterion assesses the extent to which the student is able to construct and use diagrams.

IB Expectations: Relevant, accurate and correctly labelled diagrams are included, with a full explanation.

Checklist (to get full marks):

Drawing the diagram:

- You have fully labelled your x and y-axis (See the method here)

- You’ve chosen the most appropriate diagram (the one that best explains the theory that relates most to your case).

-You’ve used a full title (such as, “The Market for Apples in Singapore”)

-You’ve labelled all of your lines (D1,...

I have found that the biggest challenge my students are having, in terms of scoring the top marks in the Business IA, is related to their use of analytical tools.

(For a step-by-step explanation of everything you need to include in your Business IA, use this page.)

You have a Research Question and you’re trying to arrive at your answer. A very common mistake is that students do a lot of analysis, but they don’t connect it properly to the Research Question (RQ) or to their Answer (Ans).

I have wracked my brain to make this more straightforward and I’ve come up with the following diagram, which you can follow to make your IA analysis a more straightforward process. If you follow it, it should raise your performance in several aspects of the IA Business rubric.

By this point, you have chosen an appropriate RQ. if you aren’t sure about that, I recommend reading this article first (and follow the '4 tests' it advises to check your RQ).  So now you know that...

IB Economics General Websites

• Welker’s Wikinomics - A website created by an IB economics teacher containing useful IB lecture notes as well as a blog
• Tutor2U - A resource for AS, A2 and IB economics revision
• Biz/ed - A general resource for learning economics, listed by topic.
• Essentials of Economics - Summaries, online quizzes and case studies relating to the textbook “Essentials of Economics”
• Economic Policy Debate - Is a place for online debates regarding current controversial ideas in economics. For IB Econ students, it’s a good place to review key concepts and evaluate.
• Vizala.com - Has a lot of great economics data. It's a database for country, demographic, social, and economic information.  

Videos

• Khan academy has produced some great videos on Microeconomics, Macroeconomics, and current issues in Econ Highly recommended
• Some really good video lessons from EconClassroom.com
• Paj Holden's YouTube page is also full of great IB...

Your college application admission letter or essay is one of the most important documents you will ever write. I want to show you how to write yourself to the head of the pack.

To do that I need to first explain to you the concept of Stump Speeches, which are often used by politicians. Regardless of the question a politician is asked they will try to answer it in a way that lets them talk about a few areas where they are strong. One guy will always come back to talk about cutting taxes. Another will always come back to talking about economic growth because they know, from their research, that when they talk about these specific things, people like them more.

I’m going to tell you what to say in your college admission letter (or college admission essay) so that the readers at Stanford or Yale will want to choose you over everyone else. The people who are going to be reading your letter want to see that you tick certain boxes. So you need to think about these people as your...

Starting your Extended Essay is a big challenge.

The best advice I can give you is start early and choose your research question carefully. Starting early is a time-management aspect you'll have to figure out on your own. But I can help you a lot on the second part. 

Coming up with an appropriate question is about 25% of the whole battle. Your supervisor can help you with this, but often they'll leave it to you.

And you’ll want to be very careful here. With the right question almost anything is possible. With the wrong question, you're setting yourself up to fail. Most students brainstorm possible ideas, ask for suggestions and read successful EE samples (which are often available in your high school library). But I want to help you to do better than the average student. The following 4 tests will help you make sure your RQ is top notch.

The Four Tests

A good research question (RQ) passes the following 4 tests:

#1 Is it the right scope?

Of course the question...

The next 3 posts will provide you with a bullet-proof system for scoring full marks on your Economics Internal Assessments, following the new syllabus. 

The IA is a brilliant opportunity to put some marks in the bank and make that 6 or 7 in the course much easier to achieve. This first article will focus on choosing an appropriate article. Why does this matter? If you choose a bad article you’ll find it like competing in the Olympic 100 meter dash wearing your granny’s high heels. It doesn’t matter how good you are. Your name might be Usain Bolt. You’re working with the wrong equipment, so you’re gonna get beat. Here, just like in your Extended Essay and so much else in life, you’ve got to make good decisions at the start of the thing to end up where you want to go. Actually, you need to decide on the concept you want to explore BEFORE you go looking for your article. You should normally focus on one of the really major concepts like...