15 Mark Question Model Answers | IB Economics Paper 1 Style Macroeconomics

This product contains:

  • 12 model answers to 15 mark questions in IB Economics style: macroeconomics and the global economy.
  • Answers are suitable for IB Economics HL Paper 1 15 marker style.
  • A list of other possible points for each question.
  • Notes on how to structure and write your 15 markers, based on my experience as an IB Economics tutor.
  • Total price: £15.

This is available as an ebook.

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Contents

Page 3 – Introduction


Page 4 – Essay structure advice for 15 mark questions for macroeconomics


Page 7 – Using real world examples, evaluate the effects of an increase in government
spending. (15 marks)


Page 11 – Using real world examples, evaluate the effects of an increase in corporation tax on
firms making high profits. (15 marks)


Page 14 – Using real world examples, evaluate policies to correct a current account deficit. (15
marks)


Page 18 – Using real world examples, evaluate the effects of a tariff. (15 marks)


Page 23 – Using real world examples, evaluate the effects of contractionary monetary policy (15
marks)


Page 27 – Using real world examples, evaluate the possible negative consequences of a fall in
private sector investment on economic growth in the UK economy (15 marks)


Page 31 – Using real world examples, evaluate the consequences of globalisation for developed
economies (15 marks)


Page 35 – Using real world examples, evaluate the effectiveness of supply-side policies (15
marks)


Page 40 – Using real world examples, evaluate the effects of a depreciation (15 marks)


Page 45 – Using real world examples, evaluate the extent of conflict between macroeconomic
objectives (15 marks)


Page 49 – Using real world examples, evaluate the consequences of a current account deficit
(15 marks)


Page 53 – Using real world examples, evaluate the causes of inflation (15 marks)

Answers would likely score full marks or close to full marks.

Frequently asked questions

For frequently asked questions, check out this link.