The coursework element of the I.B. Economics course makes up twenty percent of your final grade and there is no excuse for not getting close to twenty percent, if you are willing to work hard and follow my advice.
Each student must write three economics commentaries over the duration of the course. Each commentary is a 750 word mini-essay based upon a news article about an economic issue. The three commentaries are then put together to make up a portfolio at the end of the course. The portfolio is then graded as a whole. Students could write more than three commentaries, but by the end of the course they have to hand in three. (I for example, always get my students to do four, the first one being a practice one). Each commentary must be based largely upon one of the four sections of the course – microeconomics, macroeconomics, international economics and development economics. I usually tell my students to base their commentaries upon the theory that we have just covered in the course. For example, if we have not yet done the International Economics section, then I advise my students not to tackle a commentary on International Economics concepts and theories until we have covered the topic.
Both SL and HL students have to produce the same number of commentaries, three, but the HL students could focus some of their commentaries on the HL content and theory, which the SL students don’t cover.