Here is a sample 15-mark question related to topics from behavioral economics (specifically: rational consumer choice), along with a sample essay response to the question!
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So here’s a sample response to a paper 1 ten-mark question that I crafted about the Circular Flow of Income model!
I have decided I’m going to build a series of practice questions for the extended response-type questions in the new IB Economics syllabus: paper 1 parts a and b, paper 2 part g, and paper 3 part b!
So here’s my first attempt! It’s from the first unit, the foundations of economics unit, and it’s about the Production Possibilities Curve!
Enjoy and please feel free to like, share, comment, and subscribe!