IB Economics SL Topic 5 — Assessment and Exam Skills Paper 2 Exam skill ~9 min read

Structuring the Paper 2 Response

Part (g) is worth 15 marks, exactly like a Paper 1 part (b). That similarity is a trap. The two are marked on different things, and an answer that would score well on Paper 1 gets capped here for one reason: it never touches the data sitting on the page in front of you.

📘 What you need to know

The shape of the answer

Four moves, in order. Open by defining what matters and naming the economic issue in this economy. Analyse with theory that is tied to the data. Evaluate along a few clear lines. Then decide, and say which piece of evidence made you decide.

Four moves in a 15-mark part (g) Every move touches the stimulus somewhere OPEN ANALYSE EVALUATE DECIDE define the terms, name the issue in this economy theory, a figure from the data, the effect it has short run vs long run, who gains, limits of the data a judgement that names the evidence behind it If a paragraph never mentions the stimulus, rewrite it. This is the single difference between a capped answer and a top-band one.
The order is not sacred, but the four moves are. Miss one and the mark band you can reach drops immediately.

What one analytical paragraph looks like

The paragraph is the unit that wins Paper 2. Get one right and you can repeat the pattern. Make a claim, support it with a chain of economic reasoning, drop in the figure that proves it is happening here, then say what it means.

One paragraph, four layers Repeat the pattern and the essay writes itself CLAIM THEORY DATA EFFECT the point this paragraph is making the chain of because that supports it the figure or trend taken from the stimulus what it means for the policy or the economy The data layer is the one that goes missing.
Read your paragraphs back and look for the blue layer. If it is not there, the paragraph belongs in a Paper 1 answer, not this one.
A useful test while you write: could this paragraph have been written by someone who never saw the stimulus? If yes, it is generic, and generic is exactly what the mark scheme holds back.

A worked run-through

Take a stimulus like this. Country X ran a large infrastructure programme. Its unemployment rate fell from 9.1% in 2023 to 7.4% in 2025. Government debt rose from 48% to 56% of GDP over the same period, and the accompanying text notes that around a third of the new jobs were in construction.

WORKED EXAMPLE

Write the opening of: “Using the information provided, evaluate the effectiveness of Country X’s infrastructure spending in reducing unemployment.” [15]

Step 1: define only what the answer needs Unemployment is people of working age who are willing and able to work but do not have a job. Expansionary fiscal policy is government spending aimed at raising aggregate demand. Step 2: name the issue in this economy Country X used infrastructure spending to raise employment, and the data shows unemployment falling while government debt rose. Step 3: signal where you are going “This response considers whether the fall in unemployment can be attributed to the programme, and at what cost.” Three sentences, then move on A long introduction is wasted words. The marks are in the paragraphs that follow it.
WORKED EXAMPLE

Build one analytical paragraph from the same data, using all four layers.

Claim The infrastructure programme is likely to have reduced unemployment directly. Theory Government spending is a component of aggregate demand, so higher spending raises AD, output rises, and firms hire more workers to produce it, reducing demand-deficient unemployment. Data Unemployment fell from 9.1% to 7.4%, a fall of 1.7 percentage points, which is a 18.7% fall in the rate. Effect The text notes that about a third of new jobs were in construction, which is what a spending programme of this type would be expected to produce first. Claim, theory, data, effect (9.1 − 7.4) ÷ 9.1 × 100 = 18.7%. Quoting both the percentage points and the percentage change shows you know the difference.

Evaluating with the data, not around it

Evaluation in Paper 2 has four reliable directions, and every one of them can be tied to something on the page: how the effect differs over time, who gains and who loses, what the policy costs, and what the data itself cannot tell you. That last one is often the strongest and the least used.

DirectionWhat it sounds likeWhere the data comes in
Short run vs long runWorks now, may not lastConstruction jobs end when the projects do
Who gains and who losesBenefits are concentratedA third of jobs in one sector, so not evenly spread
Cost and opportunity costThe money came from somewhereDebt up 8 percentage points, from 48% to 56% of GDP
Limits of the dataThe numbers may not show everythingTwo years only, and a falling rate can hide people leaving the labour force
WORKED EXAMPLE

Write the conclusion for the same question.

Step 1: answer the command term directly The programme appears to have been effective at reducing measured unemployment. Step 2: name the evidence that convinced you The rate fell by 1.7 percentage points over two years while the spending was running. Step 3: state the condition on your verdict Its effectiveness is harder to judge beyond the short run, since debt rose from 48% to 56% of GDP and a third of the new jobs sit in construction, which ends with the projects. Step 4: the reasoned judgement “Effective in the short run, but sustaining the fall would depend on whether those workers move into other sectors, which the data does not show.” A verdict, its evidence, and its limits Notice there is no new theory here. A conclusion decides; it does not introduce.

💡 Exam tip

⚠️ Common mix-up

That completes Topic 5. A week before the exam, go back to What Paper 1 Asks You to Do and What Paper 2 Asks You to Do and re-read the two timing plans. Knowing the shape of the paper is worth as much as any single topic you revise.

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