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IB Economics HL: Macroeconomics Internal Assessment Exemplar - Grade 7

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2020/2021 Written for academic year
Institution Canterbury College (CC)
Module HL Economics Internal Assessment
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In 2020, I received 45 points in IB, including a 7 in HL Economics. This IA formed one third of my Economics IA which allowed me to achieve that grade. Understanding this essay's style, structure and presentation will help boost your IA mark considerably. The essay discusses an article titled, 'HS2: Plans for East Midlands transport hub link unveiled'. It examines the macroeconomic impact of implementing this structural improvement in terms of long-run aggregate supply, economic growth and inflationary pressure. This essay is to be used as an exemplar ONLY, to show an example of what a high-scoring IA looks like. Academic honesty is extremely important in the IB, and any plagiarism will risk your whole qualification.

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Economics IA: Article Commentary 2




Title: HS2: Plans for East Midlands transport hub link unveiled


Source: BBC News


Article Link: https://www.bbc.co.uk/news/uk-england-52819901


Date of Article: 28th May 2020


Date of Writing: 16th September 2020


Section: Macroeconomics

, This article discusses plans for the East Midlands section of HS2, the UK’s high-speed rail

infrastructure project. The aim of such a supply-side policy is to increase the quality and

quantity of the UK’s capital stock that facilitates economic activity. It is an interventionist

policy as it is funded by a UK government grant-in-aid.




The diagram above shows one way in which HS2 is likely to affect the UK economy.

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