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Found 19 results

  1. Ladies and Gentlemen, After snooping around in the Economics section of this board and using the search tool, I couldn't seem to find any links to internet sites, where you can read economics articles and possibly find one that suits a prospective commentary. So I came up with this idea that we can link websites that normally have relatively good articles to each other, so people can read them on a daily basis and eventually find some articles for their furture commentaries. I don't know if this will work out, but it's worth giving a try. Google News is a great source! It is updated like every 5th minutes and in the search box you can for instance search wine demand/pork demand/tobacco tax and everything relevant of today will pop up! http://www.bbc.co.uk is fine too. Either go into the business section and look around or use the search option. Mostly bbc has news regarding oil, but sometimes other interesting things such as cars. http://www.cnn.com http://www.guardian.co.uk/business http://news.sky.com/skynews/ http://business.timesonline.co.uk/tol/business/ ... And I'm out of sites! I hope some can contribute to this At last but not least: Happy article hunting!
  2. What is an IA? An internal Assessment in Economics is a written commentary based on an economics article that you have chosen. The article you choose should allow you to explain and analyze economic events. For Economics SL, your IA represents 25% of your total IB score for Economics. For Economics HL, your IA represents 20% of your total IB score for Economics. How it is assessed: There are 5 IB Criteria on which your commentary will be assessed: A - word limit+ IAs cover more than 3 sections of syllabus. [2 marks] B - 4 different sources + appropriate use of diagrams. [4 marks] C - Economic terms are used and are defined correctly. [5 marks] D - Theory explained and applied [5 marks] E - Evaluation [4 marks] The first three criteria of your portfolio should be no problem for you. Mistakes are possible here, but if you are careful A, B and C should be fine. What separates the top students is the analysis and evaluation they show in D and E. How to write your IA Step 1: Pick a news article I'd recommend a new article which is pretty specific. It should either focus on a specific event, community or can just be anything you feel would make a good commentary. One thing I would recommend is to stay simple. If you don't know what an article is saying, don't try to bs your way out of it. You'll lose marks, and there are plenty of simple articles around. For your first IA, you mostly need to find an article that will allow you to use the concepts of supply/demand, elasticity, and market failure. In your internet search, it would be useful to search for the price of a commodity. price of coffee, price of oil, price of cocoa, etc. Yes, finding a good article is important. Even if it takes you hours to find a good one, it's better to do that than to quickly find a not-so-good one and then realize that there's not much to say about it. Personally, it took me a while to find good articles. Tip: choose article that doesnt say much , so you can fill in the lines and expand. If the article is long, you need to highlight the sections you use A few sites I'd recommend: Google News BBC Guardian Reuters ... or your local newspaper, there are quite often many relevant articles in there. Step 2: The Introduction A lot of people find starting a economics commentary hard. Here's my step-by-step approach: Summarise the article in a line or two Define some key terms which are going to be relevant to your discussion In one sentence summarise what you are going to say (eg what effect the event will have) Don't forget to define your terms correctly!! The easiest way to do this is to just copy the definitions word for word out of your textbook/notes. Step 3: The Body Draw a diagram You NEED a diagram (usually) if you want to do well, just make sure your diagram is relevant as you will need to refer to it when you discuss your article further. Next you want to expand on the specifics on how your news article (or technically what the news article is reporting) will affect the economy. Will it increase demand for giant two-headed pens? Will the supply fall for goblin ears? How is this going to affect the price of that good (use elasticities, etc). Draw more diagrams if relevant. The more the merrier, as long as they are justified, don't shy from drawing another diagram. 1. Include quotes and footnote them correctly. If you continue quoting the same article just write i.b.i.d (latin for: same as previous). 2. Make sure that you stay within the wordcount of 650-750, aim for the 750 though ( all words even titles and labels must be counted). This and following the general guidelines of the IB (minimum of three different sections in all four IAs, one can be done twice e.g. microeconomics) should net you the two easy marks for criterion A. 3. Use preferably two diagrams. Diagrams will save words if implemented appropriately and convey your economic understanding better. Consider: 1. Short term versus long term implications 2. Effects on different stakeholders 3. Prioritise the arguments 4. Question validity of a theory/data presented 5.Can you detect contradictions/limitations between economic theory and the real world problem at hand. 6. Are there winners and losers 7. Is there any bias in the way the article was written 8. Can you predict what will happen in the future based on what happened in this article? Step 4: The conclusion Briefly conclude by stating what's going to happen and maybe speculate more on the future, say what you might happen to counter this, etc, etc. Also in your conclusion remember to remark and talk about the effect on the different stakeholders i.e consumers producers the governement etc For the evaluation, you could also mention long term and short term effects along with stakeholders. and the advantages and disadvantages of whatever solution you suggest. Also, you need to submit an electronic copy of the commentary and the article, for ISB records. Tadaa, you now have yourself an economics news commentary If anyone wants to add to this, feel free to post below and i'll add it in Thanks to: Julia32, Summer Glau, Eastcoast93 and nuka for contributing via the comments
  3. Hey, I have chosen an article about the Mexican soda tax (it was in a blog, but I think it is allowed as a source since the blog belongs to The New York Times). The problem is that the tax was introduced in January 2014, the data was collected from December 2014, an investigation was carried out in December 2015, published the findings in January 2016 and the article was published also in January 2016:D My teacher said that my article is good, but the events are too old.. Is this article not about "current events"? Should I choose another article?( Would love some input
  4. Hello! For my 1st IA the resource of my article was New York Times and for 2nd Japan Times and now I have a doubt about these websites. The doubt is about that I am not sure are these resources considered as one because two of them are part of "Times".. And for IA there should be 3 different resources and I do not know are they going to penalize me for criteria F - Rubric requirements. What do you think? Thank you in advance!
  5. Hey guys. So I'm doing a mock IA on this article http://www.southwales-eveningpost.co.uk/Minimum-alcohol-price-law-Wales-say-Labour/story-28029919-detail/story.html and its my first time writing an economics IA. I have written around 400 words however i don't know if I'm going on the right track. So initially I've talked about the article as a whole. Then about price ceiling (while defining it) and its effects (like excess supply) followed by a paragraph on how the government can combat the excess supply. Lastly i did a stakeholder analysis. (all adding up to around 400 words) I just wanted to know whether I'm going on the right track or whether its slightly "rookie-ish/amateurish"
  6. so basically i've written my IA and i've handed it in and i realised the article says it was written over a year ago and was updated under a year ago. I'm terrified that I will lose points for this. My teacher said he will not remark another IA and therefore i cannot rewrite one. Is there anyway I can change this?
  7. Hey guys! I've taken economics hl and I'm confused about the IA. My teacher said there has to be more than 1 diagram (graph) in the commentary, but I don't see anything like that in the guide; is that true? Or its fine if I have only one diagram? I'm also looking for some sample economics IAs that are graded (like there are for sciences on ibpublishing), so if anyone knows any source, please share. Thanks in advance!
  8. Hello! What do you think are we allowed to use website http://uk.reuters.com as a resource for our eco IA? I am not sure since they only mentioned to avoid website http://www.economist.com/ Thank you in advance!
  9. Can you help me analyze this article? It is pretty simple but I just want to know if I'm on the right track... http://www.ibtimes.co.uk/uk-unemployment-rate-unchanged-5-5-wages-edge-1519938 So basically I have to talk about unemployment and anything else? Thanks in advance!
  10. hey people, i started doing my commentary in economics and the website i use to draw graph is hard for me to use it. so can you people suggest me some other website or an app for drawing graphs.? (just the link or name of the website)
  11. Hey guys! I have problems with finding a very good article for my 2nd IA, and because my first one wasn't as good as I wanted it to, I need this one to be really good. I wanted to write it on either Macroeconomics or International trade and I honestly do not know which one is better... so that's one problem... the second problem is that I have to write the IA till Monday... I found out today. So concluding, can you help me find any good articles on one of the 2 topics?
  12. http://www.dailynewsegypt.com/2013/04/09/petroleum-ministry-halves-supply-of-natural-gas-to-cement-factories/ this is the article I have to write about microeconomics in it, so can anyone give me hints about the topic or the main idea I have to discuss ??
  13. http://www.reuters.c...E89U0GV20121031 I have found this article although i'm quite confused how i can start my IA and which diagrams to use and how to evaluate this. I have read that the shorter the article and the precise, the better. So there it is...I know i can talk about Phillip curve as my diagram but what else? Please help me on this as soon as possible.
  14. I have done an IA on externalities and i got like 60% on it which is not a problem because it was just a draft, although our teacher is asking us to submit another draft on microeconomics though based on another aspect. So what do you guys suggest i should do mine on, the easier aspect of course...
  15. I found an article that will make the short term aggregate supply shift backwards because of the weather in Mexico. Some oil rigs will be closed. I want some points to discuss in my commentary. What definitions beside SRAS should I define. Like what are my evaluations will be... short term, vs long term Stakeholders is easy but any points will be appreciated. And it will be closed for couple of weeks. So do I have to discuss LRAS How would you layout your commentary for something like this. Any help or advice will be appreciated.
  16. I know that each commentary needs to be 650-750 words long. but what exactly are included in the word count? is it literally everything? even graph labels and captions? also headers? what about footnotes? because I'm considering putting some footnotes...
  17. hello people , i need help finding an article related to supply/demand for my economics HL commentary . please help me , i have been looking for articles but they mostly look complicated and i dont know how to analyze them can you please show me a sample article which would be considered good? so i can have an idea of what type of article to use
  18. How many words should the articles used for the economics IA commentaries be? Is about 300 words for an article ok? The last two commentaries I handed in, my teacher said the articles I choose were either too short or too long.