COMMENTARY 1

Criterion Marks Marks Comments

awarded available

The diagrams are correctly labelled for the article and fully
A 3 3 explained. Their relevance to the article is correct.

Relevant economic terminology is used with understanding and

B 2 2 appropriateness throughout the whole commentary.

Relevant economic theory is applied to the article throughout

C 2 3 the commentary. The economic analysis is appropriate and
effective in relation to the article.

The key concept “efficiency” is identified and appropriate for

D 2 3 the article. The link between efficiency and the article is partially
explained.

The student makes judgments that are fully supported by both

E 2 3 effective and balanced reasoning—the argument for and against
the toll and the effect on different stakeholders is all discussed
but limited.
Total 11 14

COMMENTARY 2

Criterion Marks Marks Comments

awarded available

A 2 3 There are two relevant, correctly-labelled diagrams but

not fully explained.

Relevant economic terminology is used with understanding

B 2 2 and appropriateness throughout the whole commentary.
 C 3 3 Relevant economic theory is applied to the article
throughout the commentary. The economic analysis is
appropriate and effective in relation to the article.

The key concept “change” is identified and appropriate for

D 1 3 the article. The link between efficiency and the article is fully
explained.

The student makes judgments that are fully supported by

E 2 3 both effective and balanced reasoning—the argument for
and against the toll and the effect on different stakeholders
is all discussed but the effectiveness of the evaluation is limited.

Total 10 14

COMMENTARY 3

Criterion Marks Marks Comments

awarded available

The diagrams are well suited for the article and fully explained.
A 3 3 The relevance to the article is correct.

Relevant economic terminology is used with understanding and

B 2 2 appropriateness throughout the whole commentary.

All theory regarding tariffs is relevant and applied well to the

C 3 3 article throughout the commentary and the analysis is effective in
relation to the article.

The key concept ““economic well-being”” is identified and the link

D 2 3 to the article of the necessity of the government to intervene in the
situation is clearly shown.

The student makes judgments that are fully supported by both

effective and balanced reasoning—the argument for and against
 E 2 3 the toll and the effect on different stakeholders is not fully
discussed.
Total 12 14

Criterion F (when all three commentaries are marked)

Marks Marks Comments

awarded available

3 3 Each article is based on a different unit of the syllabus, three different

sources are used and each article was published no earlier than one year
before the writing of the commentary.

Marks awarded from three commentaries (out of 42) 33

Total marks awarded—including criterion F (out of 45) 36