IB Writing Skills Practice

Slides:



Advertisements
Similar presentations
MACROECONOMICS What is the purpose of macroeconomics? to explain how the economy as a whole works to understand why macro variables behave in the way they.
Advertisements

Aggregate Supply Chapter 9-2.
Classical Economic Theory
Supply Side policies. Supply side policies aim to… Improve the efficiency of factor markets, to boost productivity and hence the overall capacity of the.
Economic Models and Unemployment
Classical Theory of Income and Employment
Aggregate demand and supply. Aggregate supply is the quantity of output firms are willing to supply, for each given price level. Aggregate supply is the.
Recessionary and Inflationary Gaps and Fiscal Policy
Macroeconomics Dr. Mo’een Rajab. Questions for Revision (5) on chapter (9) 10/5/2011.
 Circular Flow of Income is a simplified model of the economy that shows the flow of money through the economy.
Writing the IB Economics Exam. Time Management HL Paper 1 Extended Response (1 hour) One Question from Four Paper 2 Extended Response (1 hour) Three Questions.
How to Answer Examination Questions Economics. DESCRIBE/LIST  Give details or steps  Do not need to explain Describe what an a contractionary fiscal.
Aggregate Supply. What is aggregate supply? AS is the total output that all producers in an economy are willing and able to supply at each price level.
Chapter 7 Aggregate demand and supply: an introduction.
© 2011 Pearson Education Aggregate Supply and Aggregate Demand 13 When you have completed your study of this chapter, you will be able to 1 Define and.
2.3.1 Unit content – the characteristics of AS Students should be able to: Draw an AS curve Distinguish between movement along, and a shift of, the AS.
Model of the Economy Aggregate Demand can be defined in terms of GDP ◦Planned C+I+G+NX on goods and services ◦Aggregate Demand curve is an inverse curve.
Inflation Lesson Two Reflection – Inflation Lesson One Understand Aggregate Demand and Supply Illustrate Inflation on the: Aggregate Demand and Supply.
Review of the previous Lecture All societies experience short-run economic fluctuations around long-run trends. These fluctuations are irregular and largely.
Macroeconomic Equilibrium
Question #1 Discuss the view that unemployment is a more serious economic problem that inflation. Why might Keynesian and Monetarist economists disagree.
International Economics Tenth Edition
Say’s Law of Markets.
MODULE 17 Aggregate Demand: Introduction and Determinants
Aggregate Demand and Aggregate Supply
Factors affecting investment spending
Potential macroeconomic essay questions
Introduction to Macroeconomics
Unit 3: Aggregate Demand and Supply and Fiscal Policy
Unit 3: Aggregate Demand and Supply and Fiscal Policy
Review Midterm 1.
What you need to know.
Microeconomics VS Macroeconomics
Inflationary and Recessionary Gaps- Steering the Market
26 Aggregate Demand, Aggregate Supply, and Inflation Chapter Outline
Aggregate Demand and Aggregate Supply
The Classical Theory of Inflation
Government objectives
…THINK about your answers to the questions.
Aggregate Equilibrium
IB Psych 10/16/17 Nothing Intros only… Today’s Agenda: Working on SAQ
PowerPoint #2 Aggregate Demand, Supply, and Equilibrium
Welcome to IBDP History
Section 4.
Analyze.
EXHIBIT 11.1 An Overview of Aggregate Demand And Supply
Command terms with definitions.
Thinking Like an Economist
Command terms with definitions.
Aggregate Demand and Aggregate Supply
IB Vocabulary: Command Terms
Aggregate demand and aggregate supply
Unemployment.
…THINK about your answers to the questions.
Prescribed title.
History Assessments – Paper 2
External assessment details—SL
Aggregate demand and aggregate supply
SHORT-RUN ECONOMIC FLUCTUATIONS
Macroeconomic Perspective:
Unit 3: Aggregate Demand and Supply and Fiscal Policy
Glossary Of Command Terms
History Assessments – Paper 2
Statement of intent Key Stage: 5 Subject: Economics
Chapter 08 Aggregate Demand and Aggregate Supply
Offsets to Fiscal Policy
Presentation transcript:

IB Writing Skills Practice

A few determinants of demand are… When demand ______________, the quantity… The price… …because the law of supply states that…

A few determinants of supply are… When supply ______________, the quantity… The price… …because the law of demand states that…

A few determinants of supply are… When supply ______________, the quantity… The price… …because the law of demand states that…

Figure 1 demonstrates a(n) ____________________ gap. Two demand-side policies that can correct the gap include… The result will be a shift in AD to the ___________, causing output to ___________, the price level to ___________, and unemployment to _________.

According to the neo-classical model, the economy is self-correcting According to the neo-classical model, the economy is self-correcting. In the long run, the ___________ will shift because… The long-run equilibrium is at full employment, which means…

Figure 1 is a ________________. When people in an LDC have low incomes…

DISTINGUISH EXPLAIN Part A verbs

Make clear the differences between two or more concepts or items Make clear the differences between two or more concepts or items. DISTINGUISH Give a detailed account including reasons or causes. EXPLAIN Part A verbs

Explain why senioritis is a problem. Give a detailed account including reasons or causes. EXPLAIN

A fall in income leads to a fall in demand for a good A fall in income leads to a fall in demand for a good. Explain this relationship between the demand for the good and consumer income. Give a detailed account including reasons or causes. EXPLAIN

Distinguish between the effect of an increase in income and an increase in the price of a good on the demand for the good. Make clear the differences between two or more concepts or items. DISTINGUISH

Distinguish between your experiences as a middle school student and a high school student. Make clear the differences between two or more concepts or items. DISTINGUISH

TO WHAT EXTENT DISCUSS EVALUATE Part B verbs

TO WHAT EXTENT DISCUSS Make an appraisal by weighing up the strengths and limitations. EVALUATE Part B verbs

Evaluate the effectiveness of Lakewood’s dress code policy. Make an appraisal by weighing up the strengths and limitations. EVALUATE

Evaluate the effectiveness of fiscal policy to reduce the rate of inflation. Make an appraisal by weighing up the strengths and limitations. EVALUATE

Evaluate the view that the best way to reduce income inequality in a country is by using progressive taxation. Make an appraisal by weighing up the strengths and limitations. EVALUATE

TO WHAT EXTENT Offer a considered and balanced review that includes a range of arguments, factors or hypotheses. DISCUSS Make an appraisal by weighing up the strengths and limitations. EVALUATE Part B verbs

Discuss the view that Tiger Time should be moved to the end of the day. Offer a considered and balanced review that includes a range of arguments, factors or hypotheses. DISCUSS

Discuss the view that deflation will always be bad for an economy. Offer a considered and balanced review that includes a range of arguments, factors or hypotheses. DISCUSS

Discuss the view that price controls imposed by governments on the market for rented housing should never be used. Offer a considered and balanced review that includes a range of arguments, factors or hypotheses. DISCUSS

Consider the merits or otherwise of an argument or concept Consider the merits or otherwise of an argument or concept. TO WHAT EXTENT Offer a considered and balanced review that includes a range of arguments, factors or hypotheses. DISCUSS Make an appraisal by weighing up the strengths and limitations. EVALUATE Part B verbs

“I have done my best this school year “I have done my best this school year.” To what extent is this statement valid? Consider the merits or otherwise of an argument or concept. TO WHAT EXTENT

“An increase in aggregate demand may not lead to an increase in real national income.” To what extent is this statement valid? Consider the merits or otherwise of an argument or concept. TO WHAT EXTENT

Consider an argument or concept in a way that uncovers the assumptions and interrelationships of the issue. EXAMINE 2018 prompt

Examine the significance of going 1:1 with Chromebooks for Lakewood High School. Consider an argument or concept in a way that uncovers the assumptions and interrelationships of the issue. EXAMINE

Examine the significance of both cross price elasticity of demand and income elasticity of demand for a firm. Consider an argument or concept in a way that uncovers the assumptions and interrelationships of the issue. EXAMINE

Paper 2 Verbs

D Discuss Evaluate Compare and contrast B & C Explain D Discuss Evaluate Compare and contrast

Give an account of similarities and differences between two (or more) items or situations, referring to both (all) of them throughout. COMPARE AND CONTRAST Paper 2 additional verb