IB Economics HL Internal Assessment Example

You include a relevant and accurate AD–AS diagram that clearly models the policy response in the article.

Your diagram is fully explained, with a clear link between the policy shift, higher real output, and the change in the price level.

You connect the diagram to the article’s context, so it supports the argument rather than sitting in isolation.

The vertical axis should be labelled more precisely as the average price level.

A small improvement in macroeconomic labelling would make the diagram even more polished.

You use a broad range of relevant macroeconomic terminology throughout the commentary.

Most of the vocabulary is used appropriately and supports the overall argument.

Your terminology helps keep the discussion anchored in the article’s economic context.

You sometimes mislabel fiscal measures such as subsidies and infrastructure spending as monetary policy.

This conceptual imprecision weakens the accuracy of the commentary.

Greater distinction between fiscal and monetary policy would improve precision and consistency.