Answering 2-Mark Questions (DP IB Economics): Revision Note
How to answer IB Economics 2-mark questions
2-mark questions test precision and accuracy, not how much you know
They appear across all three exam papers and are most closely linked to AO1 (knowledge and understanding), with occasional links to AO4 where technical accuracy is required
These are often described as “easy marks”, but they are also where many students lose marks unnecessarily
What examiners are looking for
For 2 marks, examiners expect either:
one accurate definition, or
two distinct, correct points, depending on the command term
Each correct point is worth one mark
No development, examples, diagrams, or evaluation are required unless explicitly stated
Common command terms
Define – give the precise meaning of an economic term
State / List / Identify – provide the required number of points without explanation
How to structure your answer
Write one clear sentence per mark
Use precise economic terminology
Keep answers short and focused
Stop writing once the marks are secured
Worked Example
Question
Define the term inflation. [2]
Sample response

Why this scores 2/2
✅ Uses correct economic terminology
✅ Includes both key elements: sustained and average price level
✅ Clear and concise, with no unnecessary explanation
Worked Example
Question
List two consequences of inflation. [2]
Sample response

Why this scores 2/2
✅ Two clearly distinct consequences
✅ Each point is specific and valid
✅ No repetition or overlap
Common mistakes to avoid
These mistakes do not gain extra marks and may introduce errors.
Writing long explanations or mini-paragraphs
Giving vague definitions (e.g. “prices go up”)
Listing more points than required
Using examples instead of definitions
Examiner Tips and Tricks
If you are unsure, keep your answer short and precise. Writing more does not increase marks and often reduces clarity
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