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IB Economics HL Internal Assessment Exemplar: Macroeconomics: Intervention

Macroeconomics: Intervention

Overall Score: 10/14

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Criteria A: Diagrams

2/3

Criteria Strands

Good

Diagram inclusion and accuracy

Good

Diagram explanation

Criteria Feedback

You included two relevant macroeconomic diagrams that are accurate, correctly labelled, and clearly connected to the policy issue.
Your diagrams support the written commentary by showing the intended direction of change in output, inflation, and unemployment.

Some labels are not fully explained, so the exact meaning of each shift or equilibrium is not always clear.
The explanation of the Phillips curve and the monetary-policy mechanism could be more precise and consistent.

Criteria B: Terminology

2/2

Criteria Strands

Excellent

Use of economic terminology

Criteria Feedback

You use relevant macroeconomic terminology consistently and in a way that fits the article’s focus.
Key terms such as aggregate demand, inflation, unemployment, monetary policy, and real GDP help make your explanation clearly economic.

A few technical terms are used imprecisely when describing how monetary policy works.
Some terminology would be stronger if briefly defined or used with more exact transmission language.

Criteria C: Application and Analysis

2/3

Criteria Strands

Good

Application of economic theory

Good

Quality of economic analysis

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.

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Criteria D: Key Concept

1/3

Criteria Strands

Poor

Identification of key concept

Poor

Connection to article

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.

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Criteria E: Evaluation

3/3

Criteria Strands

Good

Quality of judgments

Good

Supporting reasoning

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.

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Overall Score: 10/14

Was this exemplar helpful?

Want a report just like this?

Free mini report for your own coursework
Fast feedback on what to improve next
Annotated highlights on your writing

Criteria A: Diagrams

2/3

Criteria Strands

Good

Diagram inclusion and accuracy

Good

Diagram explanation

Criteria Feedback

You included two relevant macroeconomic diagrams that are accurate, correctly labelled, and clearly connected to the policy issue.
Your diagrams support the written commentary by showing the intended direction of change in output, inflation, and unemployment.

Some labels are not fully explained, so the exact meaning of each shift or equilibrium is not always clear.
The explanation of the Phillips curve and the monetary-policy mechanism could be more precise and consistent.

Criteria B: Terminology

2/2

Criteria Strands

Excellent

Use of economic terminology

Criteria Feedback

You use relevant macroeconomic terminology consistently and in a way that fits the article’s focus.
Key terms such as aggregate demand, inflation, unemployment, monetary policy, and real GDP help make your explanation clearly economic.

A few technical terms are used imprecisely when describing how monetary policy works.
Some terminology would be stronger if briefly defined or used with more exact transmission language.

Criteria C: Application and Analysis

2/3

Criteria Strands

Good

Application of economic theory

Good

Quality of economic analysis

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.

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Upgrade to PRO to see detailed feedback for all criteria in this exemplar.

Criteria D: Key Concept

1/3

Criteria Strands

Poor

Identification of key concept

Poor

Connection to article

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.

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Criteria E: Evaluation

3/3

Criteria Strands

Good

Quality of judgments

Good

Supporting reasoning

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.

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