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Economics HL May 2017 paper 1 predictions?


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Hi,

While there is absolutely no way to tell what would come up, there are some topics which are always good to have a good knowledge about as they can possibly come up in all 3 exams. A solid knowledge of elasticity is essential for example, as it can come up in micro as an essay question (paper 1) or in calculations (in paper 3), but also in international (paper 2) just think of the Marshall-Lerner condition. Also, I always suggest that my students study the evaluation of the use of national income statistics, as it can come up as essay questions in paper 1 and 2 (even at development) but also as a 4 point question in paper 3.

So, if I were you, I'd go through topics that come up multiple times in the syllabus.

Daniel
EconDaddy - IB Economics teacher and tutor
www.econdaddy.com

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I just finished going through a bunch of past papers and there were a lot of questions on fiscal, monetary policy and economic growth (macro). Questions comparing two or more market structures showed up quite a lot too (micro). I would focus on those topics for paper 1. 

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