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IB Economics: Check the tips for level 7 Paper 1, 15 marks Essay with a sample essay!

Updated: Jan 18




A. What’s the basic mindset that students who want a stable 7 should have when writing the Econ Paper 1 essay?


  • Understand exactly what the essay prompt asks and clearly understand what and how to answer! (Off topic or deviated contents should not be written.)


  • Write down literally “everything” thoroughly you know about the concept or theory you need to answer (don’t be like, “This would enough, right?”:(…)






B. Next, let me be more practical and specific. if you want to write an essay at the 7-point range level in the 15 marks essay, be sure to remember the following tips! 



  • Present accurate definitions of key words in the essay prompt!


  • ​Explain the diagrams accurately and in detail!


  • Remember that Evaluation is the most important content!


  • Analyse pros and cons & short-term/long-term impacts & potential alternatives, etc. in as much detail as possible!


  • Real-life examples are the second most important content!


  • Analyse convincing level real-life examples in detail and accurately!


  • Start writing after properly planning the essay structure in advance so that it can be written cohesively and communicatively!





C. Check a level 7 sample essay and its quality of analysis, evaluation and verification!




Q. Using real world examples, evaluate the effectiveness of contractionary monetary policy in reducing inflation (15 marks)












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