Economics HL and SL P2 training – 2014 sample E

Senior examiner’s marks and comments.

Question Maximum Correct Feedback

Mark Mark
1ai 2 2 Correct definition

1aii 2 2 Correct definition

1b 4 3 No mention of net transfers, otherwise perfectly clear

1c 4 4 Correct diagram and explanation.

1d 8 8 Possible consequences full explained, with three elements of evaluation. A mature response.

3ai 2 1 No 'level of income' only "such poverty". Too vague. L1.

3aii 2 2 Two components listed.

3b 4 4 Correct diagram and explanation.

3c 4 4 Correct diagram and explanation.

3d 8 7 A well balanced analysis, with good use of text and some effective evaluation. Middle of L3.

Total 40 37