Do not provide evaluation (pros/cons) or real-world examples in Part (a) unless explicitly asked; these earn no extra marks here and waste valuable time. Conquering Part (b): The 15-Mark Evaluation
A decrease in interest rates affects several components of AD: ib economics macroeconomics paper 1
This is where Level 7 students separate from Level 5 students. Part (b) tests (AO3) and Use of Real-World Examples (AO4). The command term is almost always "Evaluate" or "Discuss" . Do not provide evaluation (pros/cons) or real-world examples