Economics Extended Essay Exemplar: National Minimum Wage Youth… | RevisionDojo
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IB Economics SL Extended Essay Example
How does government intervention in the form of national minimum wage increase
from $21.38/hour to $23.23/hour impact the employment and participation of youth workers aged 15-25 in Australia during 2023?SL
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A
Official IB Result
IB Grade: A
Criteria A: Focus and Method
4/6
0
3
6
Criteria StrandsPro
A.1Topic communication and appropriateness
Good
A.2Research question clarity and focus
Good
A.3Methodology completeness and appropriateness
Moderate
Criteria Feedback
The student states a clear, economically relevant research question with a defined country, policy change, and population.
The student chooses a topic that is suitable for systematic investigation and connects it to relevant labour-market theory.
The student includes a recognisable methodological plan and shows some awareness of source selection and limitations.
The research question is slightly too causal for the evidence design the student uses.
The youth age range is inconsistent across the paper, which weakens focus.
The method does not explain how the student will isolate the wage increase from other changes affecting youth employment and participation.
Criteria B: Knowledge and Understanding
4/6
0
3
6
Criteria StrandsPro
B.1Application and relevance of source material
Moderate
B.2Knowledge of topic/discipline
Moderate
B.3Use of terminology and concepts
Moderate
Criteria Feedback
The student uses a range of relevant official and academic sources to build their discussion.
The student shows clear knowledge of core labour-market ideas such as price floors, unemployment, participation, and elasticity.
The student generally applies terminology accurately and connects theory to the issue they are studying.
Some important claims rely on sources or applications that are too general for the specific Australian youth-labour context.
The student treats national aggregate employment and participation as if they directly measure the effect of the minimum-wage change on all youth workers.
Some of the terminology is used accurately in outline, but the calculations and interpretations are not always conceptually precise.
Criteria C: Critical Thinking
12/12
0
6
12
Criteria StrandsPro
C.1Research quality and relevance
Poor
C.2Analysis depth
Poor
C.3Discussion and evaluation
Poor
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.
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Criteria D: Presentation
3/4
0
2
4
Criteria StrandsPro
D.1Structure appropriateness
Good
D.2Layout and formatting
Good
Criteria Feedback
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
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.