This product contains:
- 12 model answers to 15 mark questions for microeconomics.
- Answers are suitable for IB Economics HL Paper 1 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.
To buy the product, click the blue button below. Then hit check out on the top right of the page.
Contents
Page 3 – Introduction
Page 4 – Essay structure advice for 15 mark questions for microeconomics
Page 10 – Using real-world examples, evaluate the effectiveness of a tax (15 marks
Page 13 – Using real-world examples, evaluate whether a monopoly is a desirable market
structure (15 marks)
Page 17 – Using real-world examples, discuss whether healthcare should be provided by the
state (15 marks)
Page 22 – Using real-world examples, discuss which business objectives firms should pursue (15
marks)
Page 26 – Using real-world examples, evaluate the effectiveness of tradable pollution permits
(15 marks)
Page 31 – Using real-world examples, evaluate the case for maximum prices (15 marks)
Page 36 – Using real-world examples, discuss the desirability of monopolistically competitive
markets. (15 marks)
Page 41 – Using real-world examples, evaluate the effects of a subsidy (15 marks)
Page 45 – Using real-world examples, evaluate the negative consequences of pollution for social
welfare (15 marks)
Page 49 – Using real world examples, evaluate the consequences of oligopoly for consumers (15
marks).
Page 54 – Using real world examples, evaluate the effectiveness of policies to prevent abuse of
market power (15 marks).
Page 59 – Using real world examples, evaluate the effectiveness of nudge policies, including
changes to the choice architecture (15 marks).
Answers would likely score full marks or close to full marks.
Frequently asked questions
For frequently asked questions, check out this link.