Economics

Group 3 subject
Assessments from 2022 to Present

Description

Economics is an exciting, dynamic subject that allows students to develop an understanding of the complexities and interdependence of economic activities in a rapidly changing world. At the heart of economic theory is the problem of scarcity. Owing to scarcity, choices have to be made. The economics course, at both SL and HL, uses economic theories, models and key concepts to examine the ways in which these choices are made: at the level of producers and consumers in individual markets (microeconomics); at the level of the government and the national economy (macroeconomics); and at an international level, where countries are becoming increasingly interdependent (the global economy). The DP economics course allows students to explore these models, theories and key concepts, and apply them, using empirical data, through the examination of six real-world issues. Through their own inquiry, students will be able to appreciate both the values and limitations of economic models in explaining real-world economic behaviour and outcomes. By focusing on the six real-world issues through the nine key concepts (scarcity, choice, efficiency, equity, economic well-being, sustainability, change, interdependence and intervention), students of the economics course will develop the knowledge, skills, values, and attitudes that will encourage them to act responsibly as global citizens.

Past Syllabuses

Grade Calculator

Paper 1

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Paper 2

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Portfolio

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Predicted Grade
49
Predicted Mark
Using the undefined grade boundary
0

Graphs

Predicted Mark Probability Distribution

Historical Grade Boundaries

Historical Grade Boundaries Graph for
SL Economics
SL Economics
Boundary* Markband
1234567
M19 TZ1 0132540526375
M19 TZ2 0153043546575
N19 TZ0 0122639516476
N20 TZ0 0163141526475
M21 TZ1 091929435771
M21 TZ2 0102031445972
M22 TZ0 0102235486073
N22 TZ0 0142637506275
M23 TZ1 0112439516274
M23 TZ2 0132640516273
N23 TZ1 0152942546780
N23 TZ2 0152942546679
M24 TZ1 0153041526475
M24 TZ2 0153041526475
HL Economics
Boundary* Markband
1234567
M19 TZ1 0142737486071
M19 TZ2 0142840516374
N19 TZ0 0142738506375
N20 TZ0 0142738506173
M21 TZ1 0102027395365
M21 TZ2 091827405467
M22 TZ0 0112130435871
N22 TZ0 0102031455872
M23 TZ1 0132635476173
M23 TZ2 0122536486274
N23 TZ1 0122436496275
N23 TZ2 0132637496375
M24 TZ1 0122436496275
M24 TZ2 0122436496275

*Timezone 0 (Worldwide)

*Timezone 1 (North America, South America)

*Timezone 2 (Europe, Africa, Asia, Australia, Oceania)

NOTE: N20, M21, N21, M22, N22 grade boundaries were artificially low due to COVID. There were also

NOTE: Beware of using outdated grade boundaries. Many subjects have since updated their syllabus.