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Vlog

Last updated

20 August 2026

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This comprehensive, classroom-ready revision guide is your complete solution for mastering IB DP Economics Paper 3 – the HL-only policy paper. With TWO COMPULSORY questions, no choice, each split into part (a) worth 20 marks and part (b) worth 10 marks, this guide emphasises the “recommend” technique that defines the paper, with all HL-only content fully in scope.

What’s inside?
PART I – FOUNDATIONS
• Paper 3 format, timing and weighting – 60 marks, 1 hour 45 minutes, 30% of HL final grade
• Two compulsory questions – no choice, every unit must be revised
• Part (a) 20 marks (analytic) + part (b) 10 marks (“recommend”, markbands)
• The nine key concepts – the natural language of a policy recommendation

PART II – CONTENT MASTERY
• Priority heatmap – every subtopic rated for policy-recommendation suitability
• Frequency heatmap – which subtopics suit part (a) vs part (b)
• Unit 1 content review – introduction to economics (PPC, circular flow, methodology)
• Unit 2 content review – microeconomics: demand, supply, elasticity, market failure, government intervention, market power
• Unit 3 content review – macroeconomics: AD/AS, objectives, inequality, monetary/fiscal/supply-side policy
• Unit 4 content review – global economy: trade, protection, exchange rates, balance of payments, development

PART III – EVIDENCE, ANALYSIS AND PREDICTION
• Retrieval practice prompts – self-test questions with model answers
• Master comparison bank – paired concepts, including the paper’s common policy choices
• Worked calculations bank – multiplier, welfare loss, PED, YED, PES, comparative advantage, tariff effects, Lorenz/Gini – fully worked, GDC permitted
• Building a defensible recommendation – the four-step structure for part (b)
• Policy trade-off bank – ready-made framing for recurring recommendation choices
• Past paper analysis – how the two compulsory questions are built
• Evidence-based predictions – confidence-meter forecasts

PART IV – DIAGNOSIS, TECHNIQUE AND APPLICATION
• Markband walkthrough for part (b) “Recommend” – weak vs strong exemplars
• How markschemes actually work – analytic marking for part (a), markbands for part (b), own-figure/follow-through
• Exam technique and timing protocol – 105-minute schedule for two equally-weighted compulsory questions

PART V – REVISION, PLANNING AND PRACTICE
• Complete misconceptions register – 18 common errors with corrections
• Differentiated pathways – Foundation / Consolidation / Stretch tiers

Independently produced as a supplementary educational resource. Not endorsed by or affiliated with the International Baccalaureate Organization.

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IB DP Economics Complete Course Plan – Full 2-Year Teaching Plan with Master SOW and 14 Unit Planners + IA Planning Guide + Paper 1, 2 and 3 Revision Guides

This comprehensive bundle contains everything needed to deliver the complete IB DP Economics (First Assessment 2024) course. 14 unit planners + master Scheme of Work – designed for combined SL/HL classrooms. What's Inside? Complete syllabus coverage – All 31 sub-units across 4 units: Unit 1 (Introduction), Unit 2 (Microeconomics – 5 planners), Unit 3 (Macroeconomics – 3 planners), Unit 4 (Global Economy – 3 planners), plus Internal Assessment. Master Scheme of Work – Week-by-week planning across 2 years, assessment calendar, concept & skills heatmap, HL extension map, IA dashboards, differentiation map, command terms reference. Teaching activities – 40+ including: National Budget Trade-Off, Living Circular Flow, Classroom Trading Pit, Design a Nudge, Fishing-Grounds Simulation, Central Bank Role-Play, SDG Progress Capstone. Assessment – Formative (exit tickets, diagram checks, calculation drills) and Summative (unit tests mirroring Paper 1, 2 & 3). IA includes 3-cycle drafting with Criterion D key concept tracking. Differentiation – Scaffolding (concept cards, templates, worked examples); extension (real dataset analysis, policy design). Internationalised examples across all continents. Cross-curricular – TOK (models/reality, value-freedom, paradigm shifts); Geography, History, Mathematics, Global Politics, Business Management. CAS potential throughout. ATL skills – Thinking, Social, Communication, Self-management, Research. All five skill categories embedded across every unit. Resources – Oxford, Pearson, Cambridge coursebooks; FREE: Our World in Data, World Bank, OECD, IMF, CORE Econ, MRU; IB PRC materials. Quantitative skills – PPC gradients; surplus areas; elasticities; national income; multiplier; Lorenz curves; tax calculations; comparative advantage; Marshall-Lerner; currency conversion. Lesson pacing – 150+ teaching hours (SL) / 240+ hours (HL) across two years. Walk-in-ready summaries included. #IBDP #IBEconomics #DPEconomics #IBEconomics2024 #Unit1 #Unit2 #Unit3 #Unit4 #Microeconomics #Macroeconomics #GlobalEconomy #SchemeOfWork #SOW #Scarcity #OpportunityCost #PPC #DemandSupply #Elasticity #MarketFailure #BehaviouralEconomics #ADAS #MonetaryPolicy #FiscalPolicy #SupplySide #InternationalTrade #ExchangeRates #BalanceOfPayments #EconomicDevelopment #SDGs #Sustainability #Inequality #Poverty #InternalAssessment #IA #Commentary #SLHLCombined #EconomicsTeacher #IBTeachers #ATL #Differentiation #TOK #CAS #ExamPreparation #CompleteSyllabus #Paper1 #Paper2 #Paper3 #FirstAssessment2024 #RealWorldIssues #GovernmentIntervention #MarketStructures #Inflation #Unemployment #EconomicGrowth #TradingBlocs #ForeignAid #DevelopmentStrategies #CommandTerms #AssessmentCalendar #HLMapping #ConceptTracker #TeachingResources #UnitPlanner #InternationalBaccalaureate

£46.25

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