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IA ECONOMICS please help :/

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Hey! 

I am writing my first article for IA from Microeconomics. I know that I have to focus on this particular unit (not brining up other topic from our syllabus).

I am not sure whether what I want to describe is clearly a micro-case. It's an article about imposition of minimum wage in Ontario, the potential effect of which would be job losses. As the topic is a microeconomic one, I'm not sure whether the solution that I aim to propose is (unemployment is a part of MACROeconomy in the syllabus). I was thinking about offering subsidies to firms to increase the production and therefore, the demand for workers? But I'm not sure.

Thanks for your opinions :) 

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Hey!

I think it highly depends on how you approach the article - you can choose to address it from a microeconomics perspective, by opening the commentary with an explanation of price floors in the labour market, in which case you can continue the analysis by talking about subsidies/other regulatory alternatives. I'd recommend, however, if this is for an Economics HL commentary, to maybe try looking for another article because this won't give you enough to substantiate on to do well on the HL criteria.

 

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On 9.01.2018 at 7:23 AM, Sreee said:

Hey!

I think it highly depends on how you approach the article - you can choose to address it from a microeconomics perspective, by opening the commentary with an explanation of price floors in the labour market, in which case you can continue the analysis by talking about subsidies/other regulatory alternatives. I'd recommend, however, if this is for an Economics HL commentary, to maybe try looking for another article because this won't give you enough to substantiate on to do well on the HL criteria.

 

Hi! 

Fortunately, I am an Eco SL :) I decided to choose a different topic - better safe than sorry (especially in IB)

Thanks for your response!

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Guest TheMagical7

I don't think there's a distinction between HL and SL for Econ commentaries.

For Maths IA, definitely. Not for Physics or Chemistry though.

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