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IB Economics Exam Guide

Economics Exam Skills & Techniques

Choose your level to see paper structures, command terms, marking criteria, and strategies specific to your IB Economics course.

HL students have an additional Paper 3 (Policy Paper) with quantitative and policy evaluation focus.

SL

Standard Level

Core economics content with 2 external papers and a portfolio of three commentaries.

  • • 150 teaching hours
  • • Paper 1: 1h 15m (30%)
  • • Paper 2: 1h 45m (40%)
  • • IA: 30% (Portfolio)
HL

Higher Level

All SL content plus HL extensions and an additional Paper 3 focused on quantitative policy analysis.

  • • 240 teaching hours
  • • Paper 1: 1h 15m (20%)
  • • Paper 2: 1h 45m (30%)
  • • Paper 3: 1h 45m (30%)
  • • IA: 20% (Portfolio)