3 - Economics HL

Assessment

External Assessment Paper 1 (20% of the grade), answer one question (made of a 10 and a 15 marks essay) from the choice of three. Paper 2 (30% of the grade), choice of one question from the choice of two, including a 15 marks essay related to the case study. Paper 2 content is the same for SL and HL. In addition to Paper 1 and Paper 2, HL students will also sit Paper 3 (30% of the grade), where they will work with new quantitative and qualitative data, demonstrating a deeper understanding of a real-world issue scenario, using the theories, models, ideas and tools of economics and culminating in policy advice. (1 hour and 45 min, including two 10 marks policy recommendation essays, no choice). Internal Assessment (20% of the grade) Three 800 words commentaries portfolio offers students the opportunity to demonstrate their understanding and application of three different key concepts by using them as a lens through which to analyse their commentaries thereby emphasizing a demonstration of conceptual understanding.