How do elasticities of demand affect the success of the UK Government’s attempt to raise their target revenue through the introduction of 20% VAT on independent schools?SL
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B
Official IB Result
IB Grade: B
Criteria A: Focus and Method
4/6
0
3
6
Criteria StrandsPro
A.1Topic communication and appropriateness
Excellent
A.2Research question clarity and focus
Good
A.3Methodology completeness and appropriateness
Good
Criteria Feedback
- The student stated a clear, economics-appropriate research question with a specific policy, country, and outcome.
- The student kept the investigation generally aligned with elasticity and revenue concerns.
- The student used a relevant range of sources for a recent policy issue.
- The question would be stronger if the student defined exactly how they would judge success and over what time period.
- Some opening context is broader than needed and delays the main line of inquiry.
- The method is not fully explained, especially how the student weighs and compares different sources.
Criteria B: Knowledge and Understanding
4/6
0
3
6
Criteria StrandsPro
B.1Application and relevance of source material
Good
B.2Knowledge of topic/discipline
Good
B.3Use of terminology and concepts
Good
Criteria Feedback
- The student applies a range of relevant economic ideas such as PED, XED, YED, tax incidence, and welfare loss to the policy context.
- The student's use of official and institutional evidence is generally appropriate and helps support the discussion.
- The student sometimes turns data into economic inference rather than simply describing it.
- Some evidence is used a little too broadly and is not always directly tied to the revenue question.
- A few economic explanations are imprecise, especially around tax shifts and substitution.
- Some claims would be stronger if the student separated VAT effects from wider market and cost-of-living influences.
Criteria C: Critical Thinking
9/12
0
6
12
Criteria StrandsPro
C.1Research quality and relevance
Moderate
C.2Analysis depth
Moderate
C.3Discussion and evaluation
Moderate
Criteria Feedback
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- Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Criteria D: Presentation
4/4
0
2
4
Criteria StrandsPro
D.1Structure appropriateness
Good
D.2Layout and formatting
Moderate
Criteria Feedback
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- Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
- Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.