IB skill practice

Build evaluative Economics reasoning

Economics SL IA and data-response skill with original exam-style source, diagram, calculation, and evaluation seeds.

Paper 1, Paper 2 5 marks Difficulty 4

Evaluate short run and long run

A New Zealand market data extract says a carbon tax will raise electricity prices now but speed renewable investment. Build a short-run and long-run evaluation. Use the labelled article evidence, data, diagram, or evaluation criteria before writing the answer. Enter the answer and choose the interpretation that best matches the IA or data-response evidence.

Worked practice: economic evidence and answer

Identify the economic evidence first, then state the result and interpretation.