Tips to Get a Level 7 in IB Econ IA by ElitePrep Hong Kong Tutors

Tips to Get a Level 7 in IB Econ IA by ElitePrep Hong Kong Tutors

Discover the key strategies to achieve a top score in your IB Econ IA with expert advice from ElitePrep Hong Kong tutors. Learn how to select the right article, frame your commentary, and utilize diagrams effectively for a Level 7 performance.

Introduction: Understanding the IB Econ IA

The International Baccalaureate (IB) Economics Internal Assessment (IA) is a crucial component of the IB curriculum, carrying significant weight in the final grade. It challenges students to apply economic theories to real-world situations, demonstrating their understanding and analytical skills. This article, drawing insights from ElitePrep Hong Kong tutors, will guide you on how to secure a Level 7 in your Econ IA.

The Basics of IB Econ IA

Overview of the Requirements

The IB Econ IA requires students to write three commentaries, each based on a different article related to economic principles. Each commentary is limited to 750 words and must include analysis, application of economic theory, and diagrams.

Differences between SL and HL

While the basic structure of the IA is similar for both Standard Level (SL) and Higher Level (HL), HL students might face more complex topics and are expected to demonstrate a deeper level of analysis.

Selecting the Perfect Article

The selection of the article is the foundation of your IA. It sets the tone and context for your entire commentary. A well-chosen article can significantly ease the process of writing a compelling and analytical piece. Look for articles that are recent (not older than one year), adequately lengthy (1–1.5 pages), and from reliable sources. Avoid opinion pieces or articles that already provide economic analysis.

Understanding the Framework

Your commentary should start with an introduction that provides an overview of the article and defines key economic terms.

  • Identify the main economic issue presented in the article. Use economic terminology and concepts learned in class to frame the problem within the context of economic theory.
  • Discuss the solutions proposed in the article and their potential impacts. Use economic theories to analyze these solutions and their effectiveness in addressing the identified problem.

Crafting Your Commentary

Incorporating Economic Theories and Real-Life Examples

  • Blend your understanding of economic theories with the real-life scenario presented in the article. This demonstrates your ability to apply theoretical knowledge to practical situations.
  • Include well-labeled, clear economic diagrams that are relevant to your discussion. These diagrams should support and enhance your analysis.
  • Conclude your commentary with an evaluative statement that reflects your understanding and analysis of the economic issue and proposed solutions.

The Role of Diagrams in Your Econ IA

Diagrams are not just visual aids; they are integral to demonstrating your understanding of economic concepts. Ensure they are accurate and clearly labeled. Use tools like Microsoft Word or Google Drawings for creating diagrams. Keep them simple, relevant, and context-specific.

Final Review and Submission

Before submitting your IA, ensure that you have covered all the required components, including the introduction, analysis, diagrams, and conclusion. Double-check for definitions, labeled diagrams, word count, and overall coherence. Get a peer or teacher to review your commentary for comprehensibility.

Common Mistakes to Avoid

  1. Choosing inappropriate articles or overlooking key economic concepts can weaken your IA. Ensure your article is relevant and your commentary is focused on economic analysis.
  2. Failing to accurately define and apply economic concepts is a common mistake. Ensure that your commentary reflects a strong grasp of economic theories.


  • What is the difference between IB Econ IA for SL and HL?

    The primary difference between SL and HL in the IB Econ IA lies in the complexity and depth of analysis required. While both levels require students to write three commentaries on economic articles, HL students are expected to demonstrate a deeper understanding and more sophisticated analysis of economic theories and concepts.

  • How many commentaries do I need to write for my Econ IA?

    For your IB Economics Internal Assessment, you are required to write three commentaries. Each commentary should be based on a different article related to economic principles and should not exceed 750 words.

  • What should I look for when selecting an article for my IA?

    When selecting an article for your IA, look for recent articles (not older than one year), which are about 1–1.5 pages in length, and from credible sources. The article should be focused on an economic issue and should not already contain an extensive economic analysis. It’s crucial to choose an article that lends itself well to further economic exploration and analysis.

  • How important are diagrams in my Econ IA?

    Diagrams play a critical role in your Econ IA. They are not only visual aids but also crucial tools for demonstrating your understanding of economic concepts. Accurate and well-labeled diagrams can effectively support and enhance your economic analysis. Therefore, it is important to include relevant, clear, and correctly labeled diagrams in your commentary.

  • What are some common mistakes to avoid in my Econ IA?

    Common mistakes to avoid include choosing an inappropriate article that doesn’t lend itself to economic analysis, failing to apply economic concepts correctly, and overlooking the importance of diagrams. Additionally, avoid exceeding the word limit and ensure your commentary is focused, coherent, and analytically rich.