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    mithila debnath
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    This document provides a planning sheet for writing an IB Economics commentary on a given article. It includes sections to fill out such as the article details, relevant economic theory, key terms, issues discussed, diagrams, and an evaluation question. The evaluation question should touch on whether a good decision was made, predictions, stakeholder impacts, alternative points of view, costs and benefits, or short and long-term implications. The commentary structure involves introducing the theory, applying it to understand the article using diagrams, and evaluating the issue in 3-4 paragraphs while weighing different perspectives.

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    This document provides a planning sheet for writing an IB Economics commentary on a given article. It includes sections to fill out such as the article details, relevant economic theory, key terms, issues discussed, diagrams, and an evaluation question. The evaluation question should touch on whether a good decision was made, predictions, stakeholder impacts, alternative points of view, costs and benefits, or short and long-term implications. The commentary structure involves introducing the theory, applying it to understand the article using diagrams, and evaluating the issue in 3-4 paragraphs while weighing different perspectives.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    7 views3 pages

    IB Economics

    Uploaded by

    mithila debnath
    This document provides a planning sheet for writing an IB Economics commentary on a given article. It includes sections to fill out such as the article details, relevant economic theory, key terms, issues discussed, diagrams, and an evaluation question. The evaluation question should touch on whether a good decision was made, predictions, stakeholder impacts, alternative points of view, costs and benefits, or short and long-term implications. The commentary structure involves introducing the theory, applying it to understand the article using diagrams, and evaluating the issue in 3-4 paragraphs while weighing different perspectives.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 3

    IB Economics- Commentary Planning Sheet

    Unit:
    Title of Article:
    Source:
    Link:
    Country:
    Date of article:
    Date of access to website or
    source

    Article
    (Copy paste your article here)

    The overall aim is to use your economics knowledge to explain an event or issue in the world
    around us. Your evaluation question should be specific to your article, but a good evaluation
    question usually touches on one of these themes: 
     Did the person make a good decision?  
     What predictions can you make?
     What is the impact on different stakeholders?
     Can you consider another point of view?
     What are the pros and cons of this issue?
     What are the short and long-term implications?
     Weigh the costs and benefits of an action or policy.

    Structure: Use the first paragraph to introduce the economic theory and possibly define key
    terms. Use the other paragraphs to show how the theory helps you understand the article.
    Make reference to the labels in your diagram. In 3 4 paragraphs answer your evaluation
    rd – th

    question. Weigh alternative points of view.

    Which economic theory is relevant to the discussion of the article?

    Important terms in the article or related to the 1.


    article that would require definition: 2.
    3.
    4.
    5.
    What issue is discussed in the article?
    (Write introduction and explain connection of economic theory and article)

    What diagram(s) could you draw and explain to illustrate this issue? Sketch them. 
    (Avoid having extra diagrams unless you really feel that it will strengthen your paper.)
    Diagram to illustrate a problem Diagram to show the suggested
    policy solution
     
    Now, evaluate this issue. If there is a policy solution, is it likely to solve the problem? 
    What are the likely effects, both positive and negative, in the short and the long run, on
    various stakeholders? If you can, rank the impacts from biggest to least, with reasons.
    Lastly, for the best sort of evaluation, how does this instance reflect on economic theory
    itself? Does what happened or what is suggested in your news article accord with what
    economic theory suggests should happen? If not, why not?

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