Marking exercise on price volatility

Class Activity:

One of the best ways to discover what is required by the examination board, is to become a marker of examination scripts. That's why I started marking for the IB. Now it's your turn! If you click on the files immediately below you'll see some examples of answers for the following question:

Using Supply and Demand analysis explain why the price of agricultural goods tend to fluctuate more than the price of manufactured goods. (taken from SL P1 Nov 07)

In pairs I want you to undertake the following:

1. Write your own markscheme with key content.

2. Use that to mark the 3 scripts.

3. Finally look at the actual marks and compare. How did you do?

Supply and Demand marking exercise.pdf

Answer for Supply and demand marking exercise.pdf