Irfani's IB Economics Blog

Section 4 Overall Reflection – Overload

Posted by: Irfani on: January 16, 2011

Unlike the other sections, international economics requires me to consider the various different factors and effects an economic action will have on all of the stakeholders involved. This is especially true for exchange rates.

For instance, an appreciation in a currency may lead to various benefits in one country such as increased employment rate and improved current account balance while it will adversely affect another such as current account deficit and increased unemployment rate.

From my formative and summative data responses, I had a lot of trouble in deciding which information to include in the answers. I almost always end up crushing all of my different ideas into one leading to a lack of coherence in my arguments. This is because  while I was writing many ideas are floating in my head since I have to consider many different consequences. I can try to plan better so I can write a more coherent argument but even then various ideas will be floating in my head as more  ideas come up. All I an try to do is to stick to one argument and consider some other ones. For instance, in my last summative data response, I did pretty well because I explained my arguments coherently and tried to not add new ideas in between.

Advertisement

1 Response to "Section 4 Overall Reflection – Overload"

To make your arguments more coherent, I’d recommend using transition phrases to mark when you switch to a different stakeholder or effect e.g. although, however, at the same time, on the other hand (for contrasting ideas) // accordingly, subsequently, hence, therefore (when you make a judgment).

e.g. While this form of protectionism benefits exporters in the EU, it harms exporters in Indonesia. Accordingly, protectionism is an unfair policy.

Keep practicing answering questions under timed conditions to get the hang of things. Good luck!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.