IB Economics HL Internal Assessment Example

The student includes two relevant diagrams and one of them is constructed accurately enough to support the economic argument.

The student's second diagram is clearly linked to the article and shows the macroeconomic consequences of higher employer costs.

The labour-market diagram is inaccurately labelled and does not clearly demonstrate the change the student describes.

The explanation of the first diagram is not fully secure, especially where it claims a shift in the total labour force and cyclical unemployment.

Because one diagram contains material errors, the commentary cannot reach the highest band for diagram quality.

The student uses a broad range of relevant economic vocabulary, including unemployment, labour force, SRAS, cost-push inflation, real GDP, and crowding out.

Much of the terminology is used purposefully to support the commentary rather than appearing as isolated key words.

Some terminology is used imprecisely, especially the repeated use of 'aggregate demand for labour' instead of labour demand.

The unemployment classification is not consistently justified, which weakens the precision of the language.

A few terms are linked to evidence too strongly, such as the claim that the total labour force increased, when the article does not clearly establish that.