IB Economics HL · 2022 to 2025

2.5 Elasticity of demand

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HL archive · 2022 to 2026

2.5 Elasticity of demand

Latest exam session: May 2026

questions
25
questions
papers
16
papers
exam sessions
8
exam sessions
micro-topics
4

Micro-topics in 2.5 Elasticity of demand

In syllabus order. The ring is the share of papers each appears in.

  • 19

    2.5.1

    Price elasticity of demand (PED)

    7 questions · in 19% of papersAppears in 6 of the 32 Economics HL papers analysed (19%), at least once each.

    Rising

    last May 26 P3 TZA

  • 16

    2.5.2

    PED and total revenue

    5 questions · in 16% of papersAppears in 5 of the 32 Economics HL papers analysed (16%), at least once each.

    Rising

    last May 25 P2 TZ2

  • 13

    2.5.3

    Income and cross-price elasticity

    4 questions · in 13% of papersAppears in 4 of the 32 Economics HL papers analysed (13%), at least once each.

    Occasional

    last May 25 P1 TZ2

  • 25

    2.5.4

    Calculating PED, YED and XED (HL)

    9 questions · in 25% of papersAppears in 8 of the 32 Economics HL papers analysed (25%), at least once each.

    Due

    last May 24 P3

Exam pattern

How often each micro-topic has been examined, year by year. Each label is explained under the grid.

Does it repeat?

Questions per year for each micro-topic.

fewermore

Micro-topic20222023202420252026
2.5.1Price elasticity of demand (PED)Rising · last May 26 P3 TZA
·Price elasticity of demand (PED), 2022: 0 questions2Price elasticity of demand (PED), 2023: 2 questions1Price elasticity of demand (PED), 2024: 1 question1Price elasticity of demand (PED), 2025: 1 question3Price elasticity of demand (PED), 2026: 3 questions
2.5.2PED and total revenueRising · last May 25 P2 TZ2
1PED and total revenue, 2022: 1 question·PED and total revenue, 2023: 0 questions2PED and total revenue, 2024: 2 questions2PED and total revenue, 2025: 2 questions·PED and total revenue, 2026: 0 questions
2.5.4Calculating PED, YED and XED (HL)Due · last May 24 P3
3Calculating PED, YED and XED (HL), 2022: 3 questions3Calculating PED, YED and XED (HL), 2023: 3 questions3Calculating PED, YED and XED (HL), 2024: 3 questions·Calculating PED, YED and XED (HL), 2025: 0 questions·Calculating PED, YED and XED (HL), 2026: 0 questions
2.5.3Income and cross-price elasticityOccasional
1Income and cross-price elasticity, 2022: 1 question1Income and cross-price elasticity, 2023: 1 question1Income and cross-price elasticity, 2024: 1 question1Income and cross-price elasticity, 2025: 1 question·Income and cross-price elasticity, 2026: 0 questions
  • Risingappearing more often in the last two years than before
  • Dueusually examined, but missing from the last two exam sessions
  • Occasionalin about one paper in ten

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Questions on 2.5 Elasticity of demand, by exam session

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Frequently asked questions

Short answers about this page.

Which Economics HL exam sessions are covered for 2.5 Elasticity of demand?

8 exam sessions from 2022 to 2026, the latest May 2026. Every Paper 1, 2 and 3 in every timezone is read and classified in full, which gives 16 papers in this archive.

Which 2.5 Elasticity of demand topic comes up most?

Price elasticity of demand (PED) (2.5.1): in 19% of papers, last seen May 26 P3 TZA. Usually "explain / justify", worth about 5.5 marks in a paper that includes it.

Can I see the original question and mark scheme?

No. The wording belongs to the IB. You get the citation, the marks, the command term and the skill tested, plus our own matched practice questions with worked answers and AI marking.

What do "banker", "due" and "rising" mean?

Banker: examined in at least one sitting in four and still appearing. Due: regular before, but absent for the last two exam sessions. Rising: clearly more common in the last two years. Our classification of real papers, not an IB statistic.

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