IA Commentary Checklist for IB DP Economics 7.

Indicated the exact prices and quantities that

are stated in the article
(⁄) Evident
8. If #7 is not applicable, then quantity and price
(X) Not Evident should be indicated
(N/A) Not Applicable 9. If taking HL class, reflects knowledge and
understanding of HL topics

A. Choosing an Article D. Terminology

1. The article does not have too much information 1. Effective use of terminology
and analysis
2. Precise and/or contextualized definition of
2. There is still some value that the student can term(s)
add to the article
3. Defined terms based on formula
3. The article is not too descriptive nor statistical
4. All important economic terms are defined
4. The article is important in the area of Economics
5. Definitions are linked to the case study
5. If taking HL, the article reflects possible link(s)
with HL extended topics 6. Used economic terms most of the time

7. If taking HL class, reflects knowledge of HL

B. Introduction topics terminologies

1. Provided a brief 1 - 2 sentences summary or

synopsis of the article E. Application

2. Focused on one specific section of the syllabus 1. Relevant economic concepts and/or theory are
appropriately applied throughout the IA
3. Explicitly stated the aim to evaluate the effects
of an economic policy 2. Also related the theory to other appropriate
theory
4. Stated the significance of the article to
Economics 3. Developed a sound discussion of the theory’s
application(s) to the case

C. Diagrams 4. If taking HL class, reflects knowledge,

understanding and application of HL topics to
1. Created own diagram
real-world economic situations
2. Provided a fully labelled X and Y axis

3. Provided a full title

4. Labelled all the lines

5. Marked all the intersections with letters F. Analysis

6. Shaded the significant geometric spaces in the 1. Fully explained points using the diagram(s)
diagram(s) (i.e. DWL)
2. Referred to the shifts and/or movements in the
 diagram(s) recognizes alternative views

3. Explained the shaded geometric spaces 9. If taking HL class, reflects effective evaluation
of real-world economic situations using
4. Pointed-out the extent to which what has
knowledge and understanding of HL topics
actually happened reflects what the theory says
would happen
H. Rubric Requirements

5. If taking HL class, reflects effective use of HL

1. Provided summary portfolio with details of
knowledge in analyzing real-world economic
situations 1.1. Source

1.2. Syllabus sections

G. Evaluation
1.3. Date the commentary was written
1. Conclusion reflected analysis and explanation
1.4. Word counts
of the theory and its application
2. Avoided book excerpts
2. Long-term vs. short-term analysis of policy
effects 3. Used article only from recognized sources

3. Assumptions are challenged 4. If necessary, bibliography or endnotes/

footnotes were included
3.1. Weaknesses and limitations of the theory
5. Ohers:
3.2. Unrealistic assumptions of the theory

4. Effects on stakeholders and their views are

presented

4.1. Consumers

4.2. Producers

4.3. Government

4.4. Society’s welfare, etc.

5. Prioritized discussion of a society’s goals

5.1. Normative vs. positive economics

5.2. Ethical and environmental concerns, etc.

6. Discussion of the advantages and

disadvantages

6.1. Pros and cons

6.2. Costs and benefits

6.3. Arguments for or against (a policy)

7. Evidence of an effective and critical evaluation

8. Evidence of a sound, balanced judgment that