Development+Revision

Look for the DRQ I have shared with you on Google docs. These are from the old style papers but still relevant. Alternatively look here for a copy Using diagrams in Development Economics. //A lot of students feel it is difficult to use diagrams in this part of the course as they feel it is more a case of describing development issues, rather than using solid economic concepts and theories to analyse development issues. // //The senior examiner for IB Economics was stating recently on the teachers’ IB website that nothing could be further from the truth – it is actually essential to use the economic theory and diagrams learned earlier in the course in order to analyse these development issues. // //So, when you answer the development stimulus question (Paper Two), where possible make sure you use diagrams – either where asked for (parts b) and c)) or more specifically in part d) – the 8 mark question. In part d) it doesn’t actually TELL you to use diagrams, but you will improve your chance of getting the top grades if you do. // //Remember, // in // the syllabus it does actually make reference to being able to draw diagrams for particular issues, so make sure you are confident with those learning outcomes. But, also be aware that there are plenty of other concepts/issues where you can use a whole battery of diagrams used in Microeconomics, Macroeconomics and International Economics // //To clarify, let’s take the example of international aid, to say Ethiopia. Some diagrams would include: (even though there is nothing in the syllabus about using diagrams…) //

//- Effects of aid on the AD/AS of Ethiopia //

//- Aid distribution and the Lorenz Curve in Ethiopia //

//- Food aid and the effect on local prices of wheat in Ethiopia (Demand/Supply diagrams) //

//- Effects of the inflow of foreign currency on the exchange rate of the local currency (exchange rate diagram) //

//- The effects of technical aid on Ethiopia PPF //

//- The comparative benefit to Ethiopia if the EU dropped its protectionist policies against fish imports from Ethiopia, compared with the meagre aid provided to Ethiopia (Comparative advantage diagram within the evaluative discussion of aid vs. trade) //

//<span style="font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 16px;">- The positive externalities arising from aid destined to education and public health in Ethiopia (externality diagrams) //

//<span style="font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 16px;">- Etc. // //<span style="font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 16px;">Clearly, there is PLENTY of scope for diagrams in Development Economics! Use them!! //

Mindmap resources:

<span style="font-family: 'Trebuchet MS',Helvetica,sans-serif; font-size: 16px;">Old style development essay questions