Pick a suitable article
The quality of the article pretty much dictates the quality of your IA. Firstly, the source must be reliable, and the article should not be older than a few months before you start writing the IA. It should also have data that you can quote to support your analysis, but it should not have too much actual economic analysis as that would defeat the purpose of you analysing it. It is definitely helpful to ask for advice from your school teacher or a professional IA tutor or IB tutor as they have years of experience helping students choose suitable articles.
Be familiar with the assessment criteria
Your IAs will be graded according to the criteria which means that if you are familiar with them and aim to check all the boxes, you are guaranteed a high grade. The following are official IB descriptors of how each criterion is assigned a mark:
- Criterion A: Diagrams
| Marks | Descriptor |
| 0 | The work does not reach a standard described by the descriptors below. |
| 1 | Relevant diagram(s) are included but not explained, or the explanations are incorrect. |
| 2 | Relevant, accurate and correctly labelled diagram(s) are included, with a limited explanation. |
| 3 | Relevant, accurate and correctly labelled diagram(s) are included, with a full explanation. |
- Criterion B: Terminology
| Marks | Descriptor |
| 0 | The work does not reach a standard described by the descriptors below. |
| 1 | Economics terminology relevant to the article is included in the commentary. |
| 2 | Economic terminology relevant to the article is used appropriately throughout the commentary. |
- Criterion C: Application and analysis
| Marks | Descriptor |
| 0 | The work does not reach a standard described by the descriptors below. |
| 1 | Relevant economic theory is applied to the article with limited analysis. |
| 2 | Relevant economic theory is applied to the article throughout the commentary with appropriate economic analysis. |
| 3 | Relevant economic theory is applied to the article throughout the commentary with effective economic analysis. |
- Criterion D: Key concept
| Marks | Descriptor |
| 0 | Either the work does not reach a standard described by the descriptors below or the key concept identified has already been used in another commentary. |
| 1 | A key concept is identified and there has been an attempt to link it to the article. |
| 2 | A key concept is identified and there link to the article is partially explained. |
| 3 | A key concept is identified and the link to the article is fully explained. |
- Criterion E: Evaluation
| Marks | Descriptor |
| 0 | The work does not reach a standard described by the descriptors below. |
| 1 | Judgements are made that are supported by limited reasoning. |
| 2 | Judgements are made that are supported by appropriate reasoning. |
| 3 | Judgements are made that are supported by effective and balanced reasoning. |
Plan ahead
It is very important for any essay to have a nice structure and planning ahead certainly helps. Aside from the structure, it is also of utmost importance for you to plan what points to include. Since there is a word limit of 800 words for an economics IA, which is not a lot, there is a limited number of points that you can include as you should explain each point thoroughly and in detail. Prioritise quality over quantity.
Seek help
As per IB requirements, school teachers may not be allowed to read and help you correct your IA too many times. Therefore, if needed, be sure to seek help from professional tutors (IB Tutor, IA Tutor, International School Tutor) that can offer you some guidance and constructive criticism.
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