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Econ IA Notes

The document outlines the criteria for evaluating economic commentaries, detailing requirements for diagrams, terminology, application and analysis, key concepts, and evaluation. Each commentary must adhere to specific guidelines, including using different articles from various publishers and meeting word count limits. The total score for the portfolio is 45 marks, with penalties for not meeting the outlined requirements.

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6 views2 pages

Econ IA Notes

The document outlines the criteria for evaluating economic commentaries, detailing requirements for diagrams, terminology, application and analysis, key concepts, and evaluation. Each commentary must adhere to specific guidelines, including using different articles from various publishers and meeting word count limits. The total score for the portfolio is 45 marks, with penalties for not meeting the outlined requirements.

Uploaded by

yaran.gao
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

What Counts for Each Criterion

Crit A diagrams: Relevant, accurate, correctly labelled diagrams with full


explanation; no copied diagrams from books/internet; use article data for
axis labels if available.

Crit B terminology: Appropriate and precise use of economic terminology


related to the article throughout the commentary (distinguishing deflation vs
disinflation).

Crit C application and analysis: Accurate interpretation of the article;


explicit references to the article (quotes, data, years); application of relevant
economic theory; focused analysis (avoid tangents); use of tools like
elasticity, consumer/producer surplus.

Crit D key concept: Identify one key concept (from 9 specified) ; link it to
the article, diagram, and conclusion; integrate it throughout the
commentary; each commentary uses a different key concept.

Crit E evaluation: Integrated evaluation (no separate header); original


judgment supported by balanced reasoning; context-aware judgments
(consider country/current situation); critique article claims; use methods like
assessing short/long-term implications or data/theory validity.

Upper Mark Rubrics for Criteria A-E

 A (Diagrams): 3 marks
 B (Terminology): 2 marks
 C (Application and Analysis): 3 marks
 D (Key Concept): 3 marks
 E (Evaluation): 3 marks
 Total per commentary: 14 marks; 3 commentaries + Criterion F (3
marks) = 45 marks total for the portfolio.

Requirements for Criterion F

 Each commentary is based on a different syllabus unit (U2, 3, 4;


excluding Unit 1).
 Each article is from a different and appropriate publisher.
 Each article was published no earlier than one year before writing the
commentary.
 All 3 requirements met = 3 marks; penalties for missing any. Assessed
on the full portfolio, with external IB moderation.

Required News Media


 Sources: Newspapers, journals, or internet articles (not TV/radio
broadcasts).
 Restrictions: No blog, opinion/editorial articles, or in-depth economic
analysis publications (e.g., Financial Times, The Economist, Bloomberg,
Wall Street Journal).
 Other rules: Different publishers for each commentary; highlight
relevant sections if using lengthy articles; article language preferably
matches commentary (full accurate translation required if not); include
original article in the portfolio.

Expectations

 Link article, key concept, and syllabus-related economic theory clearly.


 Demonstrate economic insights (analyze events as an economist).
 Meet word count (max 800 words per commentary; specified elements
excluded from word count).
 Follow all criteria (strong diagrams, precise terminology, focused
analysis, integrated key concept, balanced evaluation).
 Avoid misinterpreting the article; use article data effectively; stay on
topic; show original thought.

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