Your complete resource hub — curriculum notes, real-world news, IA guidance, exam prep, and direct links to the sources that matter. Aligned to the current IB Economics guide (first assessment 2024).
Internal assessment deadlines and class tests, listed separately for each year group. All work is submitted through MS Teams unless I tell you otherwise. Dates are fixed — extensions are only granted through the DP Coordinator.
Paper 1 part (a) style — one 10-mark question. Content covered: everything up to and including market equilibrium. Explanation with a relevant, accurate and correctly labelled diagram.
Coming soon — Ms Arora will confirm the format and content.
Coming soon — Ms Arora will confirm the format and content.
Unit 2 article, published no earlier than one year before you write. Maximum 800 words. Name your key concept and include at least one fully explained diagram. This is the only draft I can read and advise on.
Final version plus the original article, uploaded to MS Teams. This becomes Commentary 1 of your three-commentary portfolio, which you complete in Year 13.
Unit 3 article. Use a different key concept and a different source from your microeconomics commentary. Evaluation (Criterion E) must run through the analysis, not sit in a final paragraph.
Paper 1 part (b) style — evaluating macroeconomic policy: monetary, fiscal and supply-side. Bring current examples; the RBI's August hold and the energy price shock are both fair game.
Coming soon — Ms Arora will confirm the format and content.
Coming soon — Ms Arora will confirm the format and content.
Final version plus the original article, uploaded to MS Teams. No further redrafting after this date.
Unit 4 article. Your third and final key concept, and a third different source. Apply all five commentary criteria (A–E) deliberately as you write.
Final version plus the original article, uploaded to MS Teams.
All three commentaries, the cover sheet and all three original articles, assembled as one submission. This is the school deadline; the coordinator uploads to the IB for external moderation after this.
Each article links directly to an IB syllabus unit. Use these for IA article sourcing and Paper 1 / Paper 2 examples. Filter by topic.
The Monetary Policy Committee voted unanimously for a 25-basis-point rise in October and, on a 4–2 split, moved its stance to calibrated tightening, citing food and energy prices while lifting its growth forecast to 7.1%. Set beside the August hold, it shows a central bank concluding that a supply shock now threatens second-round effects — draw contractionary monetary policy on AD/AS and weigh the cost to growth.
Unit 3 · Monetary PolicyThe IMF's October outlook keeps 2026 global growth at about 3.1% and puts headline inflation at 4.7%, crediting rerouted energy supplies and an AI investment boom for offsetting the war-driven energy shock. It is a ready-made AD/AS case of an adverse supply shock partly cushioned by rising investment, and its call for tight money alongside fiscal restraint gives a Paper 1 part (b) plenty to evaluate.
Unit 3 · AD/AS & Supply ShocksWith US diesel averaging over $6.50 a gallon, a business-school economist weighs a proposed export ban that would push more fuel onto the home market while raising prices for countries that rely on imports. Students can show the domestic supply shift and the world-price effect on supply and demand diagrams, then evaluate why refiners might respond by cutting output instead.
Unit 2 · Price Mechanism & InterventionAn opinion piece argues that the Dangote refinery has slashed Nigeria's petrol imports yet left the domestic market so concentrated that the savings from local production may never reach motorists. HL students can model it as a dominant firm with price-setting power, then weigh tougher regulation against letting import competition discipline prices.
Unit 2 · Market Power (HL)The October update lifts 2026 merchandise trade growth to 3.9% from 1.9% in March, with chips and servers driving almost half the increase even as Middle East exports fall sharply. A strong winners-and-losers example: trade gains are flowing to economies that make AI hardware while energy exporters lose ground.
Unit 4 · Benefits of TradeAfter the rupee neared 97 per dollar, the RBI made speculative bets costlier and began supplying dollars directly to state oil companies, spending tens of billions of dollars of reserves along the way. Draw the market for rupees to show how a heavy oil import bill and portfolio outflows push the currency down, then evaluate how long reserve sales can sustain a managed float.
Unit 4 · Exchange RatesAfter voters punished the governing party over prices in the midterms, the administration said its tariffs will stay, while a former adviser called them a tax on American shoppers and New York Fed research puts the share passed on to consumers at about a quarter. A clean tariff-diagram exercise: mark the lost consumer surplus and the government revenue, then use the pass-through estimate to argue who really pays.
Unit 4 · Trade ProtectionAbout 811 million people still live on under $3 a day, a share barely changed since the pandemic, and the Bank expects the number to be higher in 2030 unless per-capita growth speeds up. Its estimate that better schooling for poor workers could nearly halve extreme poverty lets students weigh human-capital investment against growth-led development strategies.
Unit 4 · Poverty & Development StrategiesOctober payrolls beat forecasts, yet the average jobless spell stretched to about 27 weeks and the long-term unemployed reached their largest share of all jobless workers since 2021. A good route into hysteresis: explain how skills and contacts fade the longer someone is out of work, and why that can turn cyclical unemployment into something closer to structural.
Unit 3 · UnemploymentThe current guide is built around nine key concepts woven through all four units. In your IA, each commentary must use a different one as a lens to analyse your article.
Four units for both SL and HL. HL students cover additional depth — HL-only topics, diagrams and calculations appear in bold in the guide. Recommended teaching time: 150 hours (SL), 240 hours (HL).
All class materials are in one shared folder. If you cannot access it, message Ms Arora on MS Teams.
Everything lives in one shared OneDrive folder: class notes, the diagram library, past papers & mark schemes, the IA article bank, HL quantitative worksheets, flashcard decks, and the textbook reading list. Updated within 24h of each lesson.
Open the Resource Bank →A portfolio of three commentaries, maximum 800 words each, each based on a different unit (2, 3 or 4) and using a different key concept as a lens. Total: 45 marks.
One each from Unit 2 (microeconomics), Unit 3 (macroeconomics) and Unit 4 (the global economy). Year 12 writes the first; Year 13 writes the other two and assembles the portfolio.
Diagram labels, tables, headings and the reference list are not counted. Anything past 800 words is not read by the examiner.
Each commentary must use a different one as its analytical lens, named explicitly. Reusing a concept costs you marks in Criterion D.
I can read and comment on one draft only. Use it well — send the article and your diagram plan alongside it.
Your article must be published no earlier than one year before you write the commentary, and each commentary needs a different source.
Relevant, accurate and correctly labelled diagram(s), fully explained. (AO2, AO4)
Economic terminology relevant to the article used appropriately throughout. (AO1)
Relevant theory applied to the article with effective economic analysis. (AO2)
A key concept identified and its link to the article fully explained. (AO2)
Judgments supported by effective and balanced reasoning. (AO3)
Applied to the whole portfolio: different unit, different source, contemporary article. (AO4)
Know what each paper demands before you walk into the exam room. External assessment is 70% at SL and 80% at HL.
The verb in the question sets the assessment objective and the depth required. Definitions below are from the current guide.
Questions about your IA, exam technique, or a concept from class? Message me on MS Teams first, then come up to the MFL Workroom during office hours.