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Found 17 results

  1. Even though there are several guides here on IBS on how to write the Evaluation in Economics Internal Assessment I thought I could add this to it! There is a very useful acronym that can be used for evaluating in Economics IAs called CLASPP. Under is the explanation of the different letters and what you should aim at doing in the evaluation and the individual points/letters. (d.) — A clasp is some­thing that holds things together. But (spelled with 2 P’s) it’s also an acronym for the 6 types of eval­u­a­tion in IB Economics. Try to do all 6 parts. Con­clu­sions What can we con­clude from the the­ory (that you’ve explained in your analysis)? Long-term and short-term effects Is the change good in the short-term, but over in a few years it will have unde­sir­able consequences? Will the pol­icy be really hard on peo­ple in the short-run, but it fixes the long-term problem? Will this pol­icy fix one prob­lem, but cre­ate another? Assump­tions Are there some assump­tions being made, that the the­ory depends on that may not hold true? This is the same as “ceteris paribus” –the assump­tion that all other things are being held equal, when in fact they might not stay con­stant. Explain what might change and how that would effect your analysis. Tell us the weak­nesses in the theory? What is unre­al­is­tic about the theory? Stake­hold­ers What effects would this pol­icy (i.e. an indi­rect tax) have on the gov­ern­ment, con­sumers, pro­duc­ers and the rest of society? Poli­cies (i.e. price ceil­ings) are often made with par­tic­u­lar stake­hold­ers in mind, so are there unde­sir­able effects on other par­ties (i.e. price increases for consumers)? Is the pol­icy great for some groups, but bad for others? Pri­or­i­ties Dis­cussing the pri­or­i­ties of a soci­ety, or the gov­ern­ment is also a good way to keep things in per­spec­tive. A pol­icy like sub­si­diz­ing schools is good for fam­i­lies, good for the long-term macro econ­omy, but bad for tax pay­ers who don’t have chil­dren, what are the pri­or­i­ties as a society? Is there an impor­tant nor­ma­tive (i.e. val­ues aspect) that the the­ory doesn’t consider? Pros and Cons What are the advan­tages and dis­ad­van­tages of this policy? What are the costs and the ben­e­fits of this policy? What are the argu­ments for and the argu­ments against this policy? This one is to double-check that you haven’t left any­thing out in the pre­ced­ing ones. Just a heads-up; this is not actually my work - this is the work of IB Economics teacher Tim Woods. This particular part is taken from this webpage: http://www.timwoods....n-in-economics/. He also has other great resources on IB Economics, TOK, Extended Essay among other on his webpages. Check it out at http://www.timwoods.org/ (PS: the website can be a bit hard to navigate on, so be patient)! Anyways, I found it and I thought it was great so I thought "Why not share it with fellow IBSers?". Enjoy. EDIT: This has helped me a lot while writing my commentaries! EDIT 2: THANKS FOR THE PINNING!
  2. My IA for macroeconomics is about inflation but the solution that the article states is redenomination, which is not in the topic of economics. Is it alright if I evaluate redenomination in a macroeconomics IA?
  3. Please help me with my international economics IA. This is my article. https://www.straitstimes.com/asia/se-asia/philippine-central-bank-says-ready-to-rein-in-peso-volatility I'm not sure what exchange rate system the Philippine government is currently using. And I don't understand this bit "Espenilla said the peso's movements were market-driven, adding that the currency continued to draw support from the country's healthy macroeconomic fundamentals." Please explain the article to me. Thank you, people.
  4. Does anyone know, would underemployment be a good issue for my Macroeconomics internal assessment for HL Economics? If yes, then which graphs are better to use for explanation? Thanks very much for any answer because I'll have a deadline soon.
  5. Hi guys, For my macroeconomics IA I found an article about the Japanese government's attempt to increase inflation through raising the minimum wage (I've attached the article). Would it advisable to analyse this economic proposal from both monetarist and Keynesian points of view, or to just choose one view and stick with it? Thank you! high wage japan.pdf
  6. Hi for my International Economics IA I need to draw a reduction in tariff diagram. As this diagram is different to the one that simply shows the entire tariff being removed. I am wondering if you guys know how to draw a reduction in tariff diagram and also describe the effects of the tariff. Thank you!
  7. 181 downloads

    My Economics HL Portfolio of Internal Assessments. Marks awarded in total: 33/45 resulting in a 6 (yay!).
  8. Hi! I'm starting the first commentary for my Economics portfolio and want to focus on the topic of market failure. I have a few articles but am unsure which one is the best to do a commentary on? Apparently it is better that it doesn't mention any economic policies or methods to improve situations at all?? (My Economics teacher briefly looked at the articles which I showed him, but was not of much help!) - First article on obesity in young children: http://www.nytimes.com/2014/01/30/science/obesity-takes-hold-early-in-life-study-finds.html?_r=0 - Second article on increasing the smoking tax: http://news.sky.com/story/1189244/tobacco-tax-hike-would-save-200m-lives - Third article on minimum pricing of alcohol: http://www.theguardian.com/society/2014/feb/10/minimum-alcohol-pricing-save-860-lives-study I am grateful for any help, advice or tips given!
  9. 116 downloads

    An Economics Internal Assessment in Macroeconomics discussing tax cuts in France and their likely effects on the French economy, unemployment and inflation. Contains teacher comments. Enjoy!
  10. 100 downloads

    A Macroeconomics commentary on the lowering of South Korea's interest rates. Contains teacher comments. Enjoy!
  11. Version 1

    53 downloads

    An Internal Assessment in Economics that is discussing the declining output of Germany. Contains comments from teacher marking the commentary.
  12. Version 1

    107 downloads

    An Economics Internal Assessment that discusses interest rates in the United Kingdom.
  13. Hi! I have my Macroeconomics Internal Assessment due tomorrow, and since we covered all Macro topics last year, it is safe to say that I've almost completely forgotten it. This is my article: http://www.nytimes.c...r=0&ref=economy Could someone explain what I should do? What do you think I should focus on? Maybe the Lorenz curve? Expressing your views about the article is always welcome as well. By the way, I'm also considering writing my internal assessment on this article: http://www.nytimes.com/2012/03/29/business/uk-economy-shrinks-more-than-expected.html?ref=economy Which one would you prefer? And the same questions (What you think I should focus on, etc.) are available for this article as well. I'm the definition of desperate at the moment. Thanks!
  14. What do you think I can do with this article http://www.globalpos...tests-austerity in regards to macroeconomics? much appreciated. thanks!
  15. Hi. I'm writing an IA for international economics and I want to make sure that I understand the news correctly. If peru signed an free trade agreement with costa rica and panama, would this be a free trade area or a preferential trade area? This is the news: http://www.fis.com/fis/worldnews/worldnews.asp?l=e&country=0&special=&monthyear=&day=&id=42638&ndb=1&df=0 I'm also planning to write about trade creation. Is it suitable? Any advice would be greatly appreciated!
  16. Hi guys, My fourth commentary is on international trade, but I'm stuck between these two articles. Could you help me pick one? Option 1 http://online.wsj.com/article/BT-CO-20120222-710533.html Option 2 http://online.wsj.com/article/SB10001424052970203918304577238801774932954.html?mod=googlenews_wsj Also another option, very similar to the second option : http://www.thesundaily.my/news/306832
  17. hi. im having problem finding a suitable magazine source for my economics IA. most of the magazines such as business week already contains analysis of the issue. can anyone tell me some good magazine sources which i can find online? any suggestions would be greatly appreciated
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