IB Economics Exams
IB Economics Exam Guide
A cleaner, practical guide to Paper 1, Paper 2 and Paper 3, with timing advice, marking focus and strategies for scoring highly.



Exam Papers
3
Paper 3 is HL only
Core Skills
Theory + Data
Essays, sources and policy
Revision Focus
Scoring
Technique matched to marks
Paper guides
Choose your paper
Understand the timing, question structure and marks before you start practising.

SL / HL
Paper 1
Master structured economic essay writing for microeconomics, macroeconomics and global economics.

SL / HL
Paper 2
Build confidence with case-study questions, calculations, diagrams and source-based evaluation.

HL only
Paper 3
Prepare for HL policy analysis with quantitative skills, diagrams and reasoned recommendations.
Revision workflow
Revise by marks, not page count
Focus on what the mark scheme actually rewards, then practise applying it under exam conditions.
Know the command term
Identify exactly what the question is asking you to do before you start writing.
Plan around marks
Let the number of marks determine the depth, structure and time you give each answer.
Evaluate with context
Use assumptions, stakeholder effects and real-world conditions to strengthen evaluation.
Put it into practice
Choose how you want to study
Move from exam strategy into active practice with mock exams, flashcards or quizzes.
Past Papers & Mock Exams
Put the exam structure into practice with timed Paper 1, Paper 2 and Paper 3 mock exams.
Flashcards
Review definitions, models and key concepts with premade IB Economics flashcard decks.
Quizzes
Test yourself with unit quizzes, diagrams, definitions and calculation practice.
Mock exam practice
Go directly to the matching Paper 1, Paper 2 or Paper 3 practice library.
Useful exam resources
More tools for moving from exam strategy to applied practice.
Practice Quizzes
Test definitions, diagrams and exam technique before moving to timed papers.
Economics Diagrams
Revise the diagrams that make your explanations clearer and easier to mark.
Real-World Examples
Build the examples needed for stronger Paper 1 and Paper 2 evaluation.
IA Guide
Use the same analytical habits in your internal assessment portfolio.


