Paper 1 might be considered a very traditional style exam. As you will see when you take a look at the example papers, you'll get some questions and blank paper. In essence you are writing short essays.
One thing to be very aware of for this paper is the need for you to integrate real life examples in the 15 mark question. It's a must if you are aiming for the top grades. In this way there's a link between Paper 1, Paper 2 and the IA - in all cases economics is explored and evaluated through examples and case studies. Economics is useless unless we can draw links to the real world.
SL = 30% of the final grade
HL = 20% of the final grade
SL & HL
Answer 1 Question (Parts A & B) / Choice of 3 Questions
No calculators allowed
SL & HL
1hr 15mins / 25 marks
All units could be examined. Three of the four units will be examined - you won't know before which three units.
Grade Boundaries (May 2023)
Example Papers
You can find plenty of 10 & 15 mark questions throughout the slides. Also, further questions are available in the 'Top Tips for 15 Mark Question slides'
Paper 1 Rubric
Paper 1 Exam Review Videos