economics extended essay example

IB Economics EE examples

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International Baccalaureate (IB)

IB students around the globe fear writing the Extended Essay, but it doesn't have to be a source of stress! In this article, I'll get you excited about writing your Extended Essay and provide you with the resources you need to get an A on it.

If you're reading this article, I'm going to assume you're an IB student getting ready to write your Extended Essay. If you're looking at this as a potential future IB student, I recommend reading our introductory IB articles first, including our guide to what the IB program is and our full coverage of the IB curriculum .

IB Extended Essay: Why Should You Trust My Advice?

I myself am a recipient of an IB Diploma, and I happened to receive an A on my IB Extended Essay. Don't believe me? The proof is in the IBO pudding:

If you're confused by what this report means, EE is short for Extended Essay , and English A1 is the subject that my Extended Essay topic coordinated with. In layman's terms, my IB Diploma was graded in May 2010, I wrote my Extended Essay in the English A1 category, and I received an A grade on it.

What Is the Extended Essay in the IB Diploma Programme?

The IB Extended Essay, or EE , is a mini-thesis you write under the supervision of an IB advisor (an IB teacher at your school), which counts toward your IB Diploma (learn more about the major IB Diploma requirements in our guide) . I will explain exactly how the EE affects your Diploma later in this article.

For the Extended Essay, you will choose a research question as a topic, conduct the research independently, then write an essay on your findings . The essay itself is a long one—although there's a cap of 4,000 words, most successful essays get very close to this limit.

Keep in mind that the IB requires this essay to be a "formal piece of academic writing," meaning you'll have to do outside research and cite additional sources.

The IB Extended Essay must include the following:

• A title page
• Contents page
• Introduction
• Body of the essay
• References and bibliography

Additionally, your research topic must fall into one of the six approved DP categories , or IB subject groups, which are as follows:

• Group 1: Studies in Language and Literature
• Group 2: Language Acquisition
• Group 3: Individuals and Societies
• Group 4: Sciences
• Group 5: Mathematics
• Group 6: The Arts

Once you figure out your category and have identified a potential research topic, it's time to pick your advisor, who is normally an IB teacher at your school (though you can also find one online ). This person will help direct your research, and they'll conduct the reflection sessions you'll have to do as part of your Extended Essay.

As of 2018, the IB requires a "reflection process" as part of your EE supervision process. To fulfill this requirement, you have to meet at least three times with your supervisor in what the IB calls "reflection sessions." These meetings are not only mandatory but are also part of the formal assessment of the EE and your research methods.

According to the IB, the purpose of these meetings is to "provide an opportunity for students to reflect on their engagement with the research process." Basically, these meetings give your supervisor the opportunity to offer feedback, push you to think differently, and encourage you to evaluate your research process.

The final reflection session is called the viva voce, and it's a short 10- to 15-minute interview between you and your advisor. This happens at the very end of the EE process, and it's designed to help your advisor write their report, which factors into your EE grade.

Here are the topics covered in your viva voce :

• A check on plagiarism and malpractice
• Your reflection on your project's successes and difficulties
• Your reflection on what you've learned during the EE process

Your completed Extended Essay, along with your supervisor's report, will then be sent to the IB to be graded. We'll cover the assessment criteria in just a moment.

We'll help you learn how to have those "lightbulb" moments...even on test day!  

What Should You Write About in Your IB Extended Essay?

You can technically write about anything, so long as it falls within one of the approved categories listed above.

It's best to choose a topic that matches one of the IB courses , (such as Theatre, Film, Spanish, French, Math, Biology, etc.), which shouldn't be difficult because there are so many class subjects.

Here is a range of sample topics with the attached extended essay:

• Biology: The Effect of Age and Gender on the Photoreceptor Cells in the Human Retina
• Chemistry: How Does Reflux Time Affect the Yield and Purity of Ethyl Aminobenzoate (Benzocaine), and How Effective is Recrystallisation as a Purification Technique for This Compound?
• English: An Exploration of Jane Austen's Use of the Outdoors in Emma
• Geography: The Effect of Location on the Educational Attainment of Indigenous Secondary Students in Queensland, Australia
• Math: Alhazen's Billiard Problem
• Visual Arts: Can Luc Tuymans Be Classified as a Political Painter?

You can see from how varied the topics are that you have a lot of freedom when it comes to picking a topic . So how do you pick when the options are limitless?

How to Write a Stellar IB Extended Essay: 6 Essential Tips

Below are six key tips to keep in mind as you work on your Extended Essay for the IB DP. Follow these and you're sure to get an A!

#1: Write About Something You Enjoy

You can't expect to write a compelling essay if you're not a fan of the topic on which you're writing. For example, I just love British theatre and ended up writing my Extended Essay on a revolution in post-WWII British theatre. (Yes, I'm definitely a #TheatreNerd.)

I really encourage anyone who pursues an IB Diploma to take the Extended Essay seriously. I was fortunate enough to receive a full-tuition merit scholarship to USC's School of Dramatic Arts program. In my interview for the scholarship, I spoke passionately about my Extended Essay; thus, I genuinely think my Extended Essay helped me get my scholarship.

But how do you find a topic you're passionate about? Start by thinking about which classes you enjoy the most and why . Do you like math classes because you like to solve problems? Or do you enjoy English because you like to analyze literary texts?

Keep in mind that there's no right or wrong answer when it comes to choosing your Extended Essay topic. You're not more likely to get high marks because you're writing about science, just like you're not doomed to failure because you've chosen to tackle the social sciences. The quality of what you produce—not the field you choose to research within—will determine your grade.

Once you've figured out your category, you should brainstorm more specific topics by putting pen to paper . What was your favorite chapter you learned in that class? Was it astrophysics or mechanics? What did you like about that specific chapter? Is there something you want to learn more about? I recommend spending a few hours on this type of brainstorming.

One last note: if you're truly stumped on what to research, pick a topic that will help you in your future major or career . That way you can use your Extended Essay as a talking point in your college essays (and it will prepare you for your studies to come too!).

#2: Select a Topic That Is Neither Too Broad nor Too Narrow

There's a fine line between broad and narrow. You need to write about something specific, but not so specific that you can't write 4,000 words on it.

You can't write about WWII because that would be a book's worth of material. You also don't want to write about what type of soup prisoners of war received behind enemy lines, because you probably won’t be able to come up with 4,000 words of material about it. However, you could possibly write about how the conditions in German POW camps—and the rations provided—were directly affected by the Nazis' successes and failures on the front, including the use of captured factories and prison labor in Eastern Europe to increase production. WWII military history might be a little overdone, but you get my point.

If you're really stuck trying to pinpoint a not-too-broad-or-too-narrow topic, I suggest trying to brainstorm a topic that uses a comparison. Once you begin looking through the list of sample essays below, you'll notice that many use comparisons to formulate their main arguments.

I also used a comparison in my EE, contrasting Harold Pinter's Party Time with John Osborne's Look Back in Anger in order to show a transition in British theatre. Topics with comparisons of two to three plays, books, and so on tend to be the sweet spot. You can analyze each item and then compare them with one another after doing some in-depth analysis of each individually. The ways these items compare and contrast will end up forming the thesis of your essay!

When choosing a comparative topic, the key is that the comparison should be significant. I compared two plays to illustrate the transition in British theatre, but you could compare the ways different regional dialects affect people's job prospects or how different temperatures may or may not affect the mating patterns of lightning bugs. The point here is that comparisons not only help you limit your topic, but they also help you build your argument.

Comparisons are not the only way to get a grade-A EE, though. If after brainstorming, you pick a non-comparison-based topic and are still unsure whether your topic is too broad or narrow, spend about 30 minutes doing some basic research and see how much material is out there.

If there are more than 1,000 books, articles, or documentaries out there on that exact topic, it may be too broad. But if there are only two books that have any connection to your topic, it may be too narrow. If you're still unsure, ask your advisor—it's what they're there for! Speaking of advisors...

Don't get stuck with a narrow topic!

#3: Choose an Advisor Who Is Familiar With Your Topic

If you're not certain of who you would like to be your advisor, create a list of your top three choices. Next, write down the pros and cons of each possibility (I know this sounds tedious, but it really helps!).

For example, Mr. Green is my favorite teacher and we get along really well, but he teaches English. For my EE, I want to conduct an experiment that compares the efficiency of American electric cars with foreign electric cars.

I had Ms. White a year ago. She teaches physics and enjoyed having me in her class. Unlike Mr. Green, Ms. White could help me design my experiment.

Based on my topic and what I need from my advisor, Ms. White would be a better fit for me than would Mr. Green (even though I like him a lot).

The moral of my story is this: do not just ask your favorite teacher to be your advisor . They might be a hindrance to you if they teach another subject. For example, I would not recommend asking your biology teacher to guide you in writing an English literature-based EE.

There can, of course, be exceptions to this rule. If you have a teacher who's passionate and knowledgeable about your topic (as my English teacher was about my theatre topic), you could ask that instructor. Consider all your options before you do this. There was no theatre teacher at my high school, so I couldn't find a theatre-specific advisor, but I chose the next best thing.

Before you approach a teacher to serve as your advisor, check with your high school to see what requirements they have for this process. Some IB high schools require your IB Extended Essay advisor to sign an Agreement Form , for instance.

Make sure that you ask your IB coordinator whether there is any required paperwork to fill out. If your school needs a specific form signed, bring it with you when you ask your teacher to be your EE advisor.

#4: Pick an Advisor Who Will Push You to Be Your Best

Some teachers might just take on students because they have to and aren't very passionate about reading drafts, only giving you minimal feedback. Choose a teacher who will take the time to read several drafts of your essay and give you extensive notes. I would not have gotten my A without being pushed to make my Extended Essay draft better.

Ask a teacher that you have experience with through class or an extracurricular activity. Do not ask a teacher that you have absolutely no connection to. If a teacher already knows you, that means they already know your strengths and weaknesses, so they know what to look for, where you need to improve, and how to encourage your best work.

Also, don't forget that your supervisor's assessment is part of your overall EE score . If you're meeting with someone who pushes you to do better—and you actually take their advice—they'll have more impressive things to say about you than a supervisor who doesn't know you well and isn't heavily involved in your research process.

Be aware that the IB only allows advisors to make suggestions and give constructive criticism. Your teacher cannot actually help you write your EE. The IB recommends that the supervisor spends approximately two to three hours in total with the candidate discussing the EE.

#5: Make Sure Your Essay Has a Clear Structure and Flow

The IB likes structure. Your EE needs a clear introduction (which should be one to two double-spaced pages), research question/focus (i.e., what you're investigating), a body, and a conclusion (about one double-spaced page). An essay with unclear organization will be graded poorly.

The body of your EE should make up the bulk of the essay. It should be about eight to 18 pages long (again, depending on your topic). Your body can be split into multiple parts. For example, if you were doing a comparison, you might have one third of your body as Novel A Analysis, another third as Novel B Analysis, and the final third as your comparison of Novels A and B.

If you're conducting an experiment or analyzing data, such as in this EE , your EE body should have a clear structure that aligns with the scientific method ; you should state the research question, discuss your method, present the data, analyze the data, explain any uncertainties, and draw a conclusion and/or evaluate the success of the experiment.

#6: Start Writing Sooner Rather Than Later!

You will not be able to crank out a 4,000-word essay in just a week and get an A on it. You'll be reading many, many articles (and, depending on your topic, possibly books and plays as well!). As such, it's imperative that you start your research as soon as possible.

Each school has a slightly different deadline for the Extended Essay. Some schools want them as soon as November of your senior year; others will take them as late as February. Your school will tell you what your deadline is. If they haven't mentioned it by February of your junior year, ask your IB coordinator about it.

Some high schools will provide you with a timeline of when you need to come up with a topic, when you need to meet with your advisor, and when certain drafts are due. Not all schools do this. Ask your IB coordinator if you are unsure whether you are on a specific timeline.

Below is my recommended EE timeline. While it's earlier than most schools, it'll save you a ton of heartache (trust me, I remember how hard this process was!):

• January/February of Junior Year: Come up with your final research topic (or at least your top three options).
• February of Junior Year: Approach a teacher about being your EE advisor. If they decline, keep asking others until you find one. See my notes above on how to pick an EE advisor.
• April/May of Junior Year: Submit an outline of your EE and a bibliography of potential research sources (I recommend at least seven to 10) to your EE advisor. Meet with your EE advisor to discuss your outline.
• Summer Between Junior and Senior Year: Complete your first full draft over the summer between your junior and senior year. I know, I know—no one wants to work during the summer, but trust me—this will save you so much stress come fall when you are busy with college applications and other internal assessments for your IB classes. You will want to have this first full draft done because you will want to complete a couple of draft cycles as you likely won't be able to get everything you want to say into 4,000 articulate words on the first attempt. Try to get this first draft into the best possible shape so you don't have to work on too many revisions during the school year on top of your homework, college applications, and extracurriculars.
• August/September of Senior Year: Turn in your first draft of your EE to your advisor and receive feedback. Work on incorporating their feedback into your essay. If they have a lot of suggestions for improvement, ask if they will read one more draft before the final draft.
• September/October of Senior Year: Submit the second draft of your EE to your advisor (if necessary) and look at their feedback. Work on creating the best possible final draft.
• November-February of Senior Year: Schedule your viva voce. Submit two copies of your final draft to your school to be sent off to the IB. You likely will not get your grade until after you graduate.

Remember that in the middle of these milestones, you'll need to schedule two other reflection sessions with your advisor . (Your teachers will actually take notes on these sessions on a form like this one , which then gets submitted to the IB.)

I recommend doing them when you get feedback on your drafts, but these meetings will ultimately be up to your supervisor. Just don't forget to do them!

The early bird DOES get the worm!

How Is the IB Extended Essay Graded?

Extended Essays are graded by examiners appointed by the IB on a scale of 0 to 34 . You'll be graded on five criteria, each with its own set of points. You can learn more about how EE scoring works by reading the IB guide to extended essays .

• Criterion A: Focus and Method (6 points maximum)
• Criterion B: Knowledge and Understanding (6 points maximum)
• Criterion C: Critical Thinking (12 points maximum)
• Criterion D: Presentation (4 points maximum)
• Criterion E: Engagement (6 points maximum)

How well you do on each of these criteria will determine the final letter grade you get for your EE. You must earn at least a D to be eligible to receive your IB Diploma.

Although each criterion has a point value, the IB explicitly states that graders are not converting point totals into grades; instead, they're using qualitative grade descriptors to determine the final grade of your Extended Essay . Grade descriptors are on pages 102-103 of this document .

Here's a rough estimate of how these different point values translate to letter grades based on previous scoring methods for the EE. This is just an estimate —you should read and understand the grade descriptors so you know exactly what the scorers are looking for.

Here is the breakdown of EE scores (from the May 2021 bulletin):

How Does the Extended Essay Grade Affect Your IB Diploma?

The Extended Essay grade is combined with your TOK (Theory of Knowledge) grade to determine how many points you get toward your IB Diploma.

To learn about Theory of Knowledge or how many points you need to receive an IB Diploma, read our complete guide to the IB program and our guide to the IB Diploma requirements .

This diagram shows how the two scores are combined to determine how many points you receive for your IB diploma (3 being the most, 0 being the least). In order to get your IB Diploma, you have to earn 24 points across both categories (the TOK and EE). The highest score anyone can earn is 45 points.

Let's say you get an A on your EE and a B on TOK. You will get 3 points toward your Diploma. As of 2014, a student who scores an E on either the extended essay or TOK essay will not be eligible to receive an IB Diploma .

Prior to the class of 2010, a Diploma candidate could receive a failing grade in either the Extended Essay or Theory of Knowledge and still be awarded a Diploma, but this is no longer true.

Figuring out how you're assessed can be a little tricky. Luckily, the IB breaks everything down here in this document . (The assessment information begins on page 219.)

40+ Sample Extended Essays for the IB Diploma Programme

In case you want a little more guidance on how to get an A on your EE, here are over 40 excellent (grade A) sample extended essays for your reading pleasure. Essays are grouped by IB subject.

• Business Management 1
• Chemistry 1
• Chemistry 2
• Chemistry 3
• Chemistry 4
• Chemistry 5
• Chemistry 6
• Chemistry 7
• Computer Science 1
• Economics 1
• Design Technology 1
• Design Technology 2
• Environmental Systems and Societies 1
• Geography 1
• Geography 2
• Geography 3
• Geography 4
• Geography 5
• Geography 6
• Literature and Performance 1
• Mathematics 1
• Mathematics 2
• Mathematics 3
• Mathematics 4
• Mathematics 5
• Philosophy 1
• Philosophy 2
• Philosophy 3
• Philosophy 4
• Philosophy 5
• Psychology 1
• Psychology 2
• Psychology 3
• Psychology 4
• Psychology 5
• Social and Cultural Anthropology 1
• Social and Cultural Anthropology 2
• Social and Cultural Anthropology 3
• Sports, Exercise and Health Science 1
• Sports, Exercise and Health Science 2
• Visual Arts 1
• Visual Arts 2
• Visual Arts 3
• Visual Arts 4
• Visual Arts 5
• World Religion 1
• World Religion 2
• World Religion 3

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IB Extended Essay: Past Essays

• Research Questions
• Past Essays
• Notes & Outlines
• Works Cited Page
• In-Text Citations
• Assessment Criteria
• Reflections
• Supervisor Info
• Net Valley Library This link opens in a new window

Check these CAREFULLY to be sure your topic fits with IB expectations!

• Language & literature (language A)
• Language acquisition (language B)
• Mathematics
• Visual Arts
• World Studies

Business Management

English a & b ee examples.

• English A EE Example
• English A EE Example 1
• English A EE Example 2
• English A EE Example 3
• English B EE Example
• English B EE Example 1
• English B EE Example 2
• English B EE Example 3
• English B EE Example 4
• English B EE Example 5
• English B EE Example 6

Philosophy EE Examples

• Philosophy Example 1
• Philosophy Example 2
• Philosophy Example 3
• Philosophy Example 4

Economics EE Examples

• Econ Example 1
• Econ Example 2
• Econ Example 3
• Econ Example 4
• Econ Example 5
• Econ Example 6
• Econ Example 7
• Econ Example 8

Review Past Papers

• From the IB:  papers from other students and how they scored
• Renaissance Library Past Essays :  Links to all subject area examples

Music EE Examples

• Music EE Example 1
• Music EE Example 2
• Music EE Example 3
• Music EE Example 4

Psychology EE Examples

• Psych EE Example 1
• Psych EE Example 2
• Psych EE Example 3

Chinese EE Examples

• Chinese EE Example 1
• Chinese EE Example 2
• Chinese EE Example 3
• Chinese A EE Cat 1
• Chinese A EE Cat 2
• Chinese A EE Cat 3
• Chinese B EE Example 1
• Chinese B EE Example 2
• Chinese B Example 3
• Business EE Example 1
• Business EE Example 2
• Business EE Example 3

Visual Arts EE Examples

• Visual Arts EE Example 1
• Visual Arts EE Example 2
• Visual Arts EE Example 3
• Visual Arts EE Example 4

Film EE Examples

• Film Example 1
• Film Example 2

Chemistry EE Examples

• Chemistry EE Example

Biology EE Examples

• Biology EE Example
• Biology EE Example 1
• Biology EE Example 2
• Biology EE Example 3

Physics EE Examples

• Physics EE Example
• Physics EE Example 1
• Physics EE Example 2
• Physics EE Example 3
• Physics EE Example 4
• Physics EE Example 5

Math EE Examples

• Math EE Example 1
• Math EE Example 2
• Math EE Example 3
• Math EE Example 4
• Math EE Example 5
• Math EE Example 6

World Studies EE Examples

• World Studies Example 1
• World Studies Example 2
• World Studies Example 3
• World Studies Example 4
• World Studies Example 5
• World Studies Example 6
• World Studies Example 7
• World Studies Example 8
• World Studies Example 9
• World Studies Example 10
• World Studies Example 11
• World Studies Example 12
• World Studies Example 13
• World Studies Example 14
• World Studies Example 15
• World Studies Example 16
• World Studies Example 17
• World Studies Example 18
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• Last Updated: Mar 28, 2024 3:00 PM
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Economics Extended Essay: A Complete Guide (Including Topics)

by  Antony W

July 18, 2022

Are you looking for a complete guide on Economics Extended Essay? You’ve come to the right place.

The IB diploma program is a comprehensive education framework that requires students to:

• Complete 3 to 5 Internal Assessments
• Write a Theory of Knowledge Essay
• Complete an Extended Essay in a topic of your choice.

As an IB student, you must compose a 4,000-word autonomous, self-directed essay on a topic of your choosing. An extended essay (EE) in economics gives you the chance to do an in-depth research on a topic of personal interest that is academically rigorous and worthy of study.

Engaging in and completing the extended essay in economics enables you to:

• Enhance your research abilities
• Apply economic theory to a real-world scenario or issue 
• Analyze and evaluate the results of your study

The extended essay involves around 40 hours of preparation, with the assistance of a school-based EE supervisor. The result of the study should be a clear and well-organized analytical essay that handles the specific research subject successfully.

To succeed in the economics EE, you must be prepared to do research to deepen your understanding of the theory and to collect meaningful and trustworthy data that you can analyze in the context of the theory and the research topic.  

How to Structure an Economics Extended Essay

The table below shows what the structure of your economics extended essay assignment should include:  

Economics Extended Essay Assessment Criteria

The table below is a summary of the assessment criteria that IB uses to grade all the economics extended essays:  

Choosing an Economics Extended Essay Topic

In picking an appropriate topic for your economics EE, you should consider the portion of the course material that most piques your attention. As a framework for investigating the issue that most interests you, your essay should focus on the fundamental economic concepts.

You must undertake secondary research, but you may also conduct pertinent original research depending on the area of economic content selected. You should use the economic theories, methods, and instruments presented in the curriculum to the selected issue.

While choosing the topic for the economics EE make sure that:

• The topic isn’t historical. The chosen topic and research question you choose to focus on should be no more than five years old
• You can answer the research question using economic theories and concepts
• The topic you choose provides opportunities for critical analysis of the information and data collected
• The scope of the essay has a clear focus, while allowing room for your analysis.

You should avoid picking broad topics, as the EE needs critical and reflective thinking abilities on a particular subject.

However, keep in mind that excessively narrow themes sometimes want particular data that may not be accessible.

So choose your topic wisely, making sure that it isn’t too wide or too narrow to fit within the scope of the assignment’s requirements.

Examples of Economics Extended Essay Topics

The following are some examples of economics extended essay topics to give you an idea of what a specific, concise, and focused topic looks like:

• What is the major factor influencing cabbage demand in Busan, South Korea?
• In what capacity does Chartwells Compass Group (school catering service providers) compete in Sevenoaks, United Kingdom?
• How has Leicester City Football Club’s (LCFC) championship triumph contributed to the city’s economic growth?
• How has the application of the Double Stamp Duty affected the Shek Kip Mei, Hong Kong home market?
• How has demonetization affected the Mumbai Metropolitan Region’s residential real estate market?
• To what degree is the repeal of the sugar tax in Denmark economically justifiable?
• How has the increase in tariffs influenced the demand for Tallinn, Estonia vodka?

Data Collection in Economic Extended Essay

You are encouraged to do original research on any topic covered within the curriculum. In other words, you need to spend time establishing value for your topic be it in microeconomics, macroeconomics or the global economy.

Doing original research goes a long way to show that the title as well as the research question is an issue unanswered by secondary sources.

An EE concentrating on a facet of microeconomics might be undertaken utilizing primary research in the form of surveys, questionnaires, or interviews with pertinent businesspeople. However, these must be directly pertinent to the study subject.

Keep in mind that Extended Essay themes from Macroeconomics and The Global Economy require more secondary research in the form of data extraction from published academic papers, historical records, government publications, newspaper/online articles, and statistical databases.

An EE based on one of these two areas of the syllabus demands the collection and clear use of relevant secondary data and information to aid in the development of reasoned arguments.  

Economics Extended Essay Analysis and Evaluation

The analysis of your economics extended essay can only be effective if you use pertinent economic theories to analyze data collected.

Throughout the EE, you should incorporate applicable economic theories, models, and methods with your research’s findings.

For example, you can exhibit critical analysis and evaluation by a sound assessment and judgment of the amount to which the applicable economic theory is beneficial in addressing your research question and within the context of the issue.

If you cannot establish relevant connections to the selected topic and research issue avoid establishing knowledge claims based on economic theories, models, and instruments.

In order to answer the specific research question, you should include supporting evidence or facts throughout the essay.

Note that Criterion C of the assessment standards requires you to offer precise findings for each analyzed point. In other words, you must provide interim conclusions throughout your writing. You must also demonstrate a critical understanding of the veracity of the obtained and utilized data.

When developing your arguments, you should also demonstrate knowledge and comprehension of the limitations of your own research as well as the flaws in the economic theories and underlying assumptions of the models utilized. To do this, evaluate the extent to which economic theory may or may not describe the examined topic’s facts.  

The Reflection Session for Economics Extended Essay  

Being reflective is one of the IB learner profile characteristics, and it is now a formal requirement of the EE evaluation criteria.

IB uses the Reflections on Planning and Progress Form (RPPF), which has a 6-point value, to evaluate reflections. This is a substantial amount of points, which can determine the distinction between two grades on the final examination.  

As part of the EE requirements, you will be required to hold three mandatory reflection sessions with your supervisor, and each of these reflection sessions appear on the official RPPF.

Reflection in the EE focuses on the process of the assignment itself.

Consider the following areas of reflection for each portion of the RPPF:

• How did you overcome the problems, setbacks, and barriers you encountered, and what did you learn in the process?
• Which of the IB learner profile characteristics apply to you?
• What did you learn, and did new views emerge?  

The maximum word count for all three reflections is 500. You must write the reflection in your own word and pertain only to your personal learning journey throughout the course.

About the author 

Antony W is a professional writer and coach at Help for Assessment. He spends countless hours every day researching and writing great content filled with expert advice on how to write engaging essays, research papers, and assignments.

IBDP Economics

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Introduction to the extended essay in economics

Many of you will be aware of the extended essay and what it includes. The extended essay consists of a 4000 (maximum) word essay on a topic of your choosing and concludes with a viva voce or short interview to confirm the candidates level of competence in the topic area chosen.  You are also required to provide two additional reflections during the process.

The extended essay provides you with the opportunity to demonstrate your knowledge on a particular topic or area of study and is chosen from a list of approved subjects.

Before starting work on the essay you are advised to complete the following tasks:

• Read the assessment criteria carefully.
• Where possible ask your teacher or IB coordinator to let you read previously completed essays in economics.  Many school libraries keep an archive of extended essays previously written by students.
• Work on a research question and discuss this with your supervisor.  This is a very important part of the process.  A good research question will go a long way to helping you towards a good finished essay.  A bad research question; one that is too broad in scope or where original data is difficult to obtain will make it significantly more difficult to achieve a high score in your finished essay.
• Decide how you will collect the research that you need for your essay and check the validity of this research with your supervisor.
• Write down a brief structure for your essay and discuss this with your supervisor before sitting down to write your essay.

How to choose a subject and research question to study?

The first piece of advice must be to pick a subject and a research question that is something you will enjoy researching and writing about. The EE involves a considerable amount of work - approximately 40 hours as an average.

In terms of selecting a research topic, why not ask the following question: ‘What is it that I am interested in?  What research question am I genuinely interested in finding out?’.  What topic(s) do I enjoy? 

What to do next?

Having completed all the preparation that you need, having written your research question and essay plan and had all of this approved by your supervisor you are ready to begin.

The essay should be no more than 4000 words in length but this does not include the following:

Contents page, acknowledgements, formulas, calculations, diagrams, tables, the bibliography, citations and references.

Essays can actually achieve a reasonable score just by following these simple rules:

• state the research question
• analyse your results
• discuss your results
• have a conclusion
• keep to about 4000 words
• present it well
• cite all sources appropriately.

What makes a good title in economics?

Opportunities for analysis

The topic that you chose should provide an opportunity for you to demonstrates some critical analysis of the information that is gathered. You should avoid any topic that depend entirely on summarizing secondary data, because this leads to an essay that is overly descriptive in nature.  A good way of making your essay more unique is to restrict the scope of the essay, so that it focuses on, for example, a specific business, area or demographic.

Suitable areas of economics

Macroeconomics topics can be chosen, but any research question must be narrowed to a particular part of the economy and is not on the economy as a whole.  An extended essay on economic development would be recommended but the research question would need to relate to a particular aspect of development or a limited area.  It would not be suitable, for example, to examine the effect of some government policy on the development of the whole economy.

The following are some examples of extended essay titles which are suitable for use an economics extended essay.  You will notice that each of these are locally based on an area in which the student is familiar and allow the candidate to investigate their own primary research, applying it to conventional economic theory.  You will also be expected to complete secondary research as part of their essay.  You should also formulate your own critical arguments as well as construct a conclusion, consistent with the findings displayed during the main body of the essay.

• What is the relationship between the volume of livestock and the wholesale price of meat in Erzurum county?
• The impact of the 2018 rise in minimum wage on employment levels in London’s catering and restaurant industry?
• What is the MPC (marginal propensity to consume) of guest workers working on a construction site in Singapore?
• To what extent do the ski lodge hotels in Palandoken practise John Nash’s game theory when setting prices during the tourist season?
• How has the declining value of the £ affected the Airbnb market in Leeds?
• What is the PED for tobacco products amongst different age groups in Istanbul, Turkey.  How might this influence government policy aimed at reducing consumption of tobacco products?

Final questions to ask yourself before deciding on your RQ

Before answering this question, consider how you might collect information to answer your question. For example, how confident are you that you can actually access the information? Remember that any information gained from businesses might be confidential. Some economic questions are also difficult to research because isolating the particular variable is difficult.

When conducting primary research you need to very clear about who your sample frame is going to be and can you get access to those people?  For instance when completing research on the viability of solar panels, your sample frame must be those potential purchasers e.g. those who own their own home with a roof large enough to accommodate it and not just your friends and family.

Can this topic be completed in 4000 words?

4,000 words may seem like a dauntingly large amount but you will be surprised how quickly the words go.  Some topics are far too broad in their scope to tackle in 4,000 words and some economic theory maybe too complex to cover adequately within the word limit.  Try to stay clear of topics more suited to essays in Business Management or Psychology and you will be disadvantaged, unless you also take those subjects as part of your Diploma. Some of these topics would be more suited to a multi-disciplinary approach of World Studies and combining Economics and Psychology.

You also need to be cognisant that this is a project where you should spend around 40 hours. For some topic it would be impossible to survey enough interested people, without giving up your entire summer vacation.

Is your topic academically rigorous enough?

One of the skills of writing the essay is connecting to an area of the syllabus with sufficient complexity so you can demonstrate your ability to critically evaluate and analyse like an economist. Remember that essays which are too descriptive are unlikely to score well.

For more information about completing an extended essay in economics including a sampler essay read the remainder of the pages in this section.

Candidates should expect to spend approximately 40 hours completing their essay.

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Extended essay

The extended essay is an independent, self-directed piece of research, finishing with a 4,000-word paper.

One component of the International Baccalaureate® (IB) Diploma Programme (DP) core, the extended essay is mandatory for all students.

Read about the extended essay  in greater detail.

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Learn more about the extended essay in a DP workshop for teachers . 

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Extended Essay Writers

How to Write an Economics Extended Essay? A Complete Guide

Luke MacQuoid

Today, I’d love to share my insights on how to make an impressive Economics extended essay. According to general IB criteria, it’s about showcasing your knowledge and getting into your topic. So, where should you start?

Introduction to the Economics Extended Essay

From my experience, the extended essay is your chance to demonstrate critical thinking, research skills, and genuine interest in your subject. And believe me, there’s no better subject than Economics to showcase these abilities. Why? Well, economics constantly interacts with our daily lives, influencing our decisions and shaping our world.

The International Baccalaureate (IB) Economics extended essay has a maximum word count of 4,000 words. However, some sections are not included in it:

• The abstract.
• Footnotes and endnotes.
• Bibliography or works cited.
• Appendices.

Students must adhere to this word limit to avoid potential penalties in the assessment process. Always double-check the specific requirements and guidelines provided by the IB and your school to ensure compliance.

All Economics Extended Essay Features

Based on both general IB criteria and my experience with the IB program, here are some key features of an Economics extended essay:

• The research question should be sharply focused and relevant to economic theory. Ideally, the question will address microeconomic and macroeconomic perspectives, but it could focus solely on one.
• The essay should not just be descriptive but should apply relevant economic theories or concepts. For instance, if the topic is about market structures, discussing monopoly, oligopoly, perfect competition, etc., using supply and demand graphs and even mathematical calculations is apt.
• An Economics essay should be rooted in real-world data. It could involve case studies, statistical data, or surveys. Analyzing this data in the context of the chosen topic is vital.
• More than merely presenting data is required. The student should analyze, interpret, and evaluate the data in light of their research question. It involves discussing the data’s implications, limitations, and potential biases.
• Students should cite various sources , including textbooks, journal articles, news articles, and interviews. This section is crucial to demonstrate the depth and breadth of the research undertaken.
• The essay should reflect critical thinking by considering different viewpoints and assessing the strengths and weaknesses of arguments.
• If primary research is conducted, such as surveys or interviews, the student should consider the ethical implications and ensure that participants’ rights and confidentiality are respected.

In conclusion, an Economics extended essay requires a blend of theoretical knowledge, practical data analysis, and a deep understanding of the economic landscape. It’s a rigorous academic exercise, but it can be rewarding for IB students with the right approach and passion.

Choosing the Right Topic for Your Economics Extended Essay

Every IB student faces an age-old question: “Which topic should I choose for my Economics extended essay?” I’ve been there, and as someone who has spent considerable time around the IB system, I understand the gravity of this decision. With many potential IB extended essay Economics topics floating around, the choice can be overwhelming.

However, based on my insights, always let your passion guide you. Don’t just chase complex or trendy topics; ensure you are genuinely interested in the subject. The most insightful extended essay Economics ideas are often birthed from personal experiences or recent events that resonate with you. These subjects can provide a fresh perspective and often yield profound insights.

Aligning with Personal Interest

The world of Economics is vast and varied. From the ebbs and flows of international trade to the microcosm of local markets, a topic can kindle anyone’s curiosity. In my opinion, the passion with which you approach your subject can be a game-changer. An inspired researcher will undoubtedly dig deeper with more zest, leading to more significant insights. Remember those moments when a particular news headline about economic reforms or market shifts caught your attention? Therein might lie your perfect topic!

Feasibility and Scope

However, enthusiasm alone isn’t enough. From my experience, the feasibility of your chosen topic is paramount. You might be fascinated by a niche area of economics, but if there’s a shortage of research material or data, you could find yourself in a tricky spot. It’s balancing choosing a subject you love and ensuring enough information exists to support your claims. The general IB criteria prioritize evidence-based arguments, so having ample resources is crucial.

Here are some potential topics to consider:

• The impact of Brexit on the UK’s economic landscape.
• The economic implications of the gig economy.
• Green economics: The cost and benefits of sustainable energy.
• The influence of cryptocurrency on traditional banking.
• A study on the wage gap: Factors and future implications.
• The economic aftermath of the COVID-19 pandemic.
• Fast fashion and its economic and environmental costs.
• A comparative analysis of universal basic income models.
• The role of microfinance in developing economies.
• Economic consequences of population aging in Japan.
• The effects of automation and AI on employment rates.
• Tourism economics: A case study on [specific country or region].
• Price discrimination in online retailing.
• Economic challenges and opportunities of hosting the Olympics.
• The role of government interventions in preventing economic recessions.

Choosing a topic for your Economics extended essay is a significant first step in wrapping up. Take your time to follow your interests, but always be practical in ensuring you have the resources and scope to produce an insightful paper.

Structuring Your Essay: How to Get the Highest Grade

Once you’ve picked a topic, the next step is understanding how to structure an Economics extended essay.

Crafting a Strong Introduction

From my years around the IB community, I’ve seen countless essays; trust me, first impressions count! Your introduction is more than just a paragraph — it’s your audience’s first taste of your work. Start by setting the context; why did you choose this topic? What relevance does it have in today’s world?

Then, concisely present your research question. This initial clarity not only piques the interest of your reader but also firmly establishes the path you’re about to tread upon. An introduction is like the cover of a book; it should invite the reader to turn the page.

Building a Compelling Body

In this section, you lay out your arguments, analyses, and findings. Each paragraph should have a distinct point seamlessly linked to the next. But how do you ensure your ideas hold water? The answer is evidence. Whether it’s data from renowned economic journals, findings from credible institutions, or even case studies, always back up your claims. Here are a few additional tips:

• Clarity is Key . Use concise and clear language. Avoid jargon unless necessary, and always explain complex concepts.
• Stay Objective . While it’s okay to have a stance, ensure your essay is balanced, considering various perspectives and counterarguments.
• Proofread . A simple yet often overlooked step. Ensure your essay is free from grammatical errors and is coherently structured.

Using good sources for an Economics extended essay is like constructing with quality bricks; it strengthens your narrative. Remember to not just present data but interpret it. Ask yourself, “What story is this data telling? How does it relate to my research question?” From my experience, this analytical approach differentiates good essays from great ones.

Concluding with Impact

In my opinion, a conclusion is not an end but a new beginning. Instead of a mere summary, offer your readers a fresh insight or a different perspective based on your findings. It may raise additional questions that future researchers might consider. What are the broader implications of your research in the grand scheme of things? A firm conclusion leaves a lasting impression, making readers reflect upon your work long after reading.

Tips and Tricks for a Stellar Extended Essay

From my experience, a few strategies can improve your paper. While good extended essay topics for Economics are crucial, how you present them is equally vital.

Need help with your IB extended essay?

From research and analysis to structuring and editing, our skilled mentors will be by your side, helping you craft an exceptional extended essay that not only meets the wordcount and stringent IB criteria but also reflects your passion for selected IB group .

Engaging Your Audience

One thing becomes crystal clear: the importance of connection. Your examiners sift through many essays, so what can make yours memorable? Originality, yes, but also the art of storytelling. Incorporate real-life examples and thought-provoking questions that give a human touch to economic theories. Each paragraph should pull the reader into the next, creating a seamless flow of ideas. Remember, it’s not just about what you say but how you say it.

Ensuring Originality

The heart and soul of the IB program lie in its emphasis on original thought. Plagiarism is a strict no-no, but originality goes beyond that. It’s about showcasing your unique perspective, analytical prowess, and personal reflections. While secondary research will form the backbone of your essay, your interpretations, conclusions, and insights should stand out, offering a fresh perspective on a well-trodden topic.

Critical Evaluation

Always question your sources and the data you encounter. Instead of accepting information at face value, get into its implications, biases, and limitations. Critical evaluation showcases your ability to think beyond the obvious and challenges the status quo, a trait highly valued in the IB criteria.

Crafting a remarkable Economics extended essay is no small feat. But with passion, the right resources, and a clear structure, it’s an enriching experience. So, to all budding economists, I wish you the best of luck on this academic adventure!

This article serves as a guide, combining my years of experience as an IB tutor at ExtendedEssayWriters.com with essential tips to help students write a stellar Economics extended essay . Remember, the path is as significant as the destination!

Luke MacQuoid has extensive experience teaching English as a foreign language in Japan, having worked with students of all ages for over 12 years. Currently, he is teaching at the tertiary level. Luke holds a BA from the University of Sussex and an MA in TESOL from Lancaster University, both located in England. As well to his work as an IB Examiner and Master Tutor, Luke also enjoys sharing his experiences and insights with others through writing articles for various websites, including extendedessaywriters.com blog

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Economics Extended Essay

The Extended Essay (EE) is a compulsory requirement of the IB Diploma programme and attaining a grade below a D results in the failure to be awarded the Diploma.

Students who undertake an EE in Economics should:-

• study a recent economic event
• study an economic issue or policy
• gather data and apply economic theories related to the issue
• apply economic models and tools to evaluate it
• Use theories and topics within the IB syllabus, but should not necessarily be restricted to only these theories and topics

Importantly, the EE should not diverge into other subject areas such as Geography or Business & Management. Indeed, given the similarities and overlaps between the two subjects, it is quite common for students wanting to to do an EE in economics to come  up with a research question which is essentially a Business & Management question. This should be avoided. If the topic is all about one or two  companies, their strategies, policies etc. and does not link to any economic theory studied in the syllabus, then the essay is probably too ‘ business focused’.

The research question should be sharply focused, not too backward looking ( based on a situation that has happened no more than 5 years ago) , and should be rooted in a real world setting, i.e. about a local, national market, industry, or economic situation or scenario.

Also, an EE in Economics should not be an extension of a piece of Internal Assessment in Economics that the student has already done.

The table below shows the similarities and differences between a piece of Internal Assessment and the EE:-

= the Economics guide to the EE says that primary data collection is optional, and can be conducted provided it adds ‘substantial value’  to the EE. For example, if a survey is to be conducted then the questions have to be well thought out, directly relevant to the research question and the sample size has to be be big enough to give statistically meaningful results. * = any diagrams used should not be placed in one section of the essay but should be used throughout the essay.

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Extended Essay

An extended essay (EE) in economics provides students with an opportunity to:

undertake in-depth research in economics in an area of personal interest to them

develop research skills

apply economic theory to real-world situations

make inferences based on real-world data

analyse and evaluate the outcomes of their research.

The outcome of the research should be a coherent and structured analytical essay that effectively addresses the particular research question.

Choice of topic

Students can choose a topic within any of the syllabus sections in the current Economics guide , but they are not restricted to these.

Use of economic theories, models and tools

Students should undertake an essay that uses the principles of economics as a basis for researching a particular topic. They may take a recent economic event, issue or policy, gather data and apply economic theories, models and tools to evaluate it.

Research questions that do not allow a systematic and meaningful investigation using economic theory and do not require critical analysis and detailed understanding are unlikely to be suitable in economics.

Multidisciplinary topics

It is essential that students answer the question using economic theories and concepts, and that the work does not diverge into another subject area. Some topics can be approached through different disciplines, such as business management, geography or psychology. Students must therefore ensure they use economic theories, models and tools and meet the subject requirements of economics.

Alternatively, if students wish to approach a topic from the perspective of economics and another discipline within the Diploma Programme, they can undertake an interdisciplinary World Studies EE .

Five-year rule

Topics should not be historical. They should relate to economic information, policies, outcomes or events that are no more than approximately five years old. Topics that are too retrospective, such as “What was the impact of the global financial crisis on unemployment in the United States from 2007–2010?” almost invariably become descriptive.

Essays should also not be based on future economic events. For example, “What will be the effect of the 2026 Football World Cup on the economy of Country X?” would not be suitable as it would be entirely speculative and unsupported.

Opportunities for analysis

The topic chosen should provide opportunities for some critical analysis of the information that is gathered. Students should avoid topics that depend entirely on summarizing secondary data, as they tend to lead to an essay that is essentially narrative or descriptive in nature.

Restricting the scope of the essay is necessary to ensure a clear focus, and will also provide opportunities for demonstrating detailed understanding of economics and critical analysis.

Suitable areas of economics

Macroeconomics topics may be chosen, but it is essential that the research question is narrowed to a reasonable focus on a particular part of the economy and is not on the economy as a whole.

Topics researching economic development are highly suitable, but the research question should relate to a particular aspect of development or a limited area. It would not be suitable, for example, to examine the effect of some government policy on the development of the whole economy.

Examples of topics

These examples are for guidance only. Students must ensure that their choice of topic is focused (left-hand column) rather than broad (right-hand column).

Focused topics

Broad topics

The effect of the recent imposition of a minimum wage in Austria on unemployment in the fast food industry in Graz

The effect of the minimum wage on unemployment in Austria

The effect of a fall in the exchange rate of the US dollar and its effect on the tourist industry in Carmel, California

How the fall in the exchange rate of the US dollar affected the US economy

The economic effect of water privatization on the farming industry in my region of Zambia

How the privatization of water affected Zambia

Treatment of the topic

Research question

Choosing a research question that is made up of more than one question (a “double-barrelled” research question) is unlikely to result in a successful essay—eg “Does Company X practice monopolistic behaviours and, if so, how does it help the firm to increase revenues” or “What is the effect of European interest rate policy on aggregate demand in Greece and what should the government do to increase aggregate demand?”

In the first example, the answer to the first part of the question must be affirmative in order to proceed with the essay. If not, the second part of the question cannot be answered.

In the second example, the scope of the essay is simply too wide.

The answer to the research question should not be self-evident. There must be scope to research the question and weave together an argument that is not obvious from the outset. For example, “To what extent is the market for mobile phone service in Country X an oligopoly” would not be appropriate when it is obviously an oligopoly as there are only three firms.

Research methods

Students can base their essay solely on secondary sources. They can also choose to undertake primary research.

Secondary sources

Students should consult a good range of secondary resources, including:

economics textbooks

general economics books

research from think tanks such as the OECD or the New Economics Foundation

government publications

publications from international organizations such as the World Bank or UN bodies

newspaper and magazine articles.

Primary research

For certain topics, primary research may enhance the approach, including:

questionnaires.

Interviews with experts (face-to-face, virtual or electronic) in a given topic can be very beneficial, for example:

university lecturers

journalists

government officials

business people.

Where students undertake primary research, they must approach it in an academic manner.

They must construct any surveys or questionnaires so that they gather meaningful, relevant data.

Sample sizes must be large enough to generate statistically significant results.

When students have carried out surveys or questionnaires, they must:

explain the process in their essay (How many people? Who? Where?)

summarize and analyse the relevant results.

Pages of pie charts summarizing survey results are rarely appropriate.

Questionnaires based on speculative, anecdotal responses rarely, if ever, generate appropriate data and should not be used.

Use of theory

Students should integrate relevant economic theories, models and tools with the evidence obtained by the research throughout the essay. The theory should not be presented as a separate section. An essay that delivers the theory as a separate section of the essay and does not apply it to the specific research question is unlikely to be successful in terms of analysis.

Students should never make assertions using economic theories, models and tools if they cannot meaningfully link these theories to their case study with supporting data or evidence.

Students can demonstrate their skills of analysis and evaluation by judging the extent to which a theory is valid or useful in answering the research question.

Examples of topics, research questions and suggested approaches

Once students have identified their topic and written their research question, they can decide how to research their answer. They may find it helpful to write a statement outlining their broad approach. These examples are for guidance only.

Policy of plain cigarette packaging in reducing the negative externalities of cigarette consumption in Country X

How effective has Country X’s policy of plain cigarette packaging been in reducing the negative externalities associated with the consumption of cigarettes in Country X?

Theory to be researched in depth:

Negative externalities of consumption.

Data to be gathered through secondary research (medical data, government data, newspaper articles):

External costs associated with smoking before the policy.

Changes in external costs since the policy.

Information concerning the government’s reasoning/objectives.

Information concerning changes in consumption of cigarettes.

Possible primary research:

Surveys/questionnaires to try to assess the extent to which consumption patterns were affected, trying to divide the market into different categories: long-term smokers, shorter-term smokers, young people who may be influenced before taking up smoking.

Interview with a government official, health economist or newspaper reporter covering the issue.

Company X’s abuse of monopoly power in the fast food industry of Country Y

To what extent does Company X abuse its monopoly power in the fast food industry in Country Y?

Positive and negative outcomes associated with monopoly power.

Data to be gathered through secondary (or primary) research:

Positive “behaviours” of Company X in terms of pricing, innovation, corporate social responsibility in Country Y.

Negative “behaviours” of Company X in terms of pricing, lack of innovation, anti-competitive behaviour in Country Y.

Articles in the newspapers about company activity.

Interviews with customers to ascertain consumer satisfaction.

Email questions to representative of the country’s competition commission to gather information about the company’s competitive behaviour.

Relationship between the official inflation rate of Country Y and wages of international school teachers in City X

To what extent has the official inflation rate offered an accurate way to adjust the wages of international school teachers in City X over the past four years?

How is inflation calculated in Country Y?

What are the limitations to the accuracy of official inflation figures?

Data to be gathered through secondary research:

Composition/weighting of Country Y’s consumer price index (CPI).

Changes in the country Y’s CPI in the period in question.

Interview with an HR representative of an international school in City X on how wages are determined; in particular, what is the role of the CPI?

Surveys/questionnaires to determine the weighting of items in an “average” international school teacher’s basket of goods and services.

Impact of mobile telephones on economic development in Country Y’s Market Town X

How has the increased use of mobile telephones contributed to economic development in a developing country market town?

Theories of economic development.

Characteristics associated with economic development.

The theoretical advantages of the use of mobile phones in developing countries.

Challenges in the functioning of markets in Country Y prior to availability of mobile technology (NGO reports).

The ways in which mobile phones have changed the functioning of markets in Country Y and Market Town X (NGO reports, newspaper articles).

Interviews with local market traders on how mobile phones have changed their ability to conduct business.

Relationship between taxation of high-emission cars and purchases of low-emission cars in Country X

To what extent has the recent (within the past three years) change to the indirect taxes on high-emission cars influenced buying of low-emission cars in Country X?

Theory of market failure in the context of car emissions: negative externalities of consumption and ways of remedying these; in particular, indirect taxes.

High-emission cars and low-emission cars as substitutes.

Supporting evidence of the external costs of car emissions (government documents, newspaper articles, publications from environmental groups).

The extent to which the change in the tax policy was due to the goal of reducing emissions (government documents, newspaper articles).

Data on the numbers of low-emission cars sold before and after the tax policy.

Interviews with managers of car dealerships on their views on the taxation change.

Interviews with new car buyers on their rationale for choosing a particular car.

An important note on “double-dipping”

Students must ensure that their EE does not overlap significantly with any other work they are submitting for the Diploma Programme. For example, the data gathered for an economics EE should not be used to fulfil the requirements of internal assessment tasks in other subjects.

The economics EE and internal assessment

The internal assessment task (IA)—a portfolio of commentaries—may give students ideas for topics to research in depth, but the EE is not an extension of this task.

Students must ensure that they understand the clear distinction between the IA and the EE:

Both allow students to apply economic theory to a particular real-world situation, but the IA is anchored in specific articles in the news media.

In the EE, the student’s topic and research question determine which economic theory it is relevant to explore; in the IA commentaries, the articles decide this.

Both use secondary sources, but there is no expectation in the IA to consult sources beyond the specific news articles.

There is no expectation of primary research in the IA.

The tighter word limit of each IA commentary means that the 4,000-word EE is a study of much greater depth and breadth.

Interpreting the EE assessment criteria

Criterion A: Focus and method

(Strands: Topic, Research question, Methodology)

The topic and context of the economics extended essay must be clearly established at the beginning of the essay. This should include the theoretical area of economics to which the essay relates with a clear indication as to how the topic fits into this area and why it is worthy of investigation.

If the topic relates to a specific event, issue or policy, it should date from within the last five years. It should not concern a future or hypothetical event.

Students must express their topic in the form of a research question. The question must be specific, sharply focused and capable of being discussed effectively with the help of economic theory and within the word limit.

The question should not be “double-barrelled”, ie made up of more than one question.

The research question should be genuine, requiring research to find an answer. That is, the answer to the research question should not be obvious.

Students must demonstrate that they have selected a suitable range of appropriate and relevant sources. This includes secondary research into the case study itself and relevant economic theory, including current or recent academic analysis in the area.

Students can choose to undertake primary research, such as interviews with relevant people with pertinent knowledge and background, or surveys and questionnaires. Surveys and questionnaires must be carefully planned and only elicit information that is relevant to the research question. The results must be based on an appropriate range of respondents and be statistically significant. Primary research is not a requirement.

In the early part of the essay, there should be an explicit methodology outlining the steps of the research and the nature of the data collection.

If the topic relates to a specific event, issue or policy, it should date from within the past five years. It should not concern a future or hypothetical event.

If the topic or research question is deemed inappropriate for the subject in which the essay is registered, no more than four marks can be awarded for this criterion. This applies to economics essays that breach the 5-year rule.

Criterion B: Knowledge and understanding

(Strands: Context, Subject-specific terminology and concepts)

The essay must demonstrate an effective understanding of relevant economic theory and the way that this theory and the data gathered may be used to address the research question. All data and theory used in the essay should be clearly relevant and appropriate to the research question.

Students need to demonstrate a sound understanding of economic theory through appropriate and accurate application of relevant models. As much as possible, the application of the models should be based on specific real-world information acquired about the topic.

Knowledge and understanding may be effectively shown through appropriate use of economic terminology. Definitions should not be included as footnotes.

Knowledge and understanding may also be effectively shown through accurately drawn and labelled diagrams along with appropriate explanations. Students should not use generic diagrams from secondary sources. They must place the diagrams into the context of the essay by using relevant labels and numbers.

To illustrate that there is knowledge and understanding in context , background theory and terminology should be integrated at all times with the relevant research, and not presented as a separate section. Diagrams should only be included if they are supported by the evidence that makes them relevant.

Criterion C: Critical thinking

(Strands: Research, Analysis and Discussion and evaluation)

“Research” refers to both research into relevant economic theory and information collected about the topic. The research used must be consistently relevant to the research question. The inclusion of material that is not clearly relevant to the research question will detract from the analysis and limit the ability of the student to score well against this criterion.

The student is expected to construct the discussion by weaving together economic theory and real-world evidence to present a well-supported answer to the research question. The points contained in the analysis must at all times be supported by specific, relevant material chosen from the student’s research. A clear and logical argument may be made by regular reference to the research question. Essays that are largely descriptive in nature do not show evidence of analytical skills and will not do well against this criterion.

All data in the form of diagrams, charts, tables, images and graphs must be analysed within the essay, as close as possible to the data itself. No data should be included if it is not being used to answer the research question, and no analysis should be left up to the reader.

When formulating their argument, students must demonstrate an awareness and understanding of the limitations of their own research and the limitations of the economic theory they have used. They should critically assess the extent to which economic theory may or may not explain the realities present in their case study. Such evaluation should not be contained in a separate section of the essay or solely in the conclusion but should be integrated into the text where it can effectively support the analysis.

Conclusions must be stated and be consistent with the evidence and analysis presented in the essay. Students may draw conclusions throughout the essay in response to the arguments presented. There must be a summative conclusion of the student’s response to the research question. Questions that have arisen as a result of the research may be included at the end as evidence of critical awareness.

Failure to follow the five-year rule will limit the grade in this criterion to a maximum of three.

If the topic or research question is deemed inappropriate for the subject in which the essay is registered, no more than three marks can be awarded for this criterion. This applies to economics essays that breach the five-year rule.

Criterion D: Presentation

(Strands: Structure, Layout)

This criterion relates to the extent to which the essay conforms to accepted academic standards in relation to how research papers should be presented. It also relates to how well these elements support the reading, understanding and evaluation of the essay.

Students may provide a section and subsection structure to their essays, with appropriate informative headings. Subheadings should not distract from the overall structure of the essay or argument presented.

Any graphs, charts, images or tables from literature sources included in essays must be carefully selected and labelled. They should only be used if they are directly relevant to the research question, contribute towards the understanding of the argument and are of a good graphic quality.

Large tables of raw data collected by the student are best included in an appendix, where they should be carefully labelled. Too many graphs, charts and tables distract from the overall quality of the communication.

Only processed data that is central to the argument of the essay should be included in the body of the essay, as close as possible to its first reference.

Any tables should enhance a written explanation and should not themselves include significant bodies of text; if this is the case then these words must be included in the word count. Students must take care in their use of appendices as examiners are not required to read them. All information with direct relevance to the analysis, discussion and evaluation of the essay must be contained in the main body of the essay.

A bibliography is an essential structural element, contributing as far as it is visually presented, to criterion D, in addition to the other presentation requirements: title page, table of contents, page numbers, and so on.

While there is no explicit penalty in criterion D for exceeding 4,000 words, students should be aware that examiners will not read beyond the 4,000-word limit, therefore affecting the application of multiple criteria. Criterion D specifically may be impacted if, in exceeding 4,000 words, one of the structural requirements of the essay (for example, the conclusion, or important illustrative material) is unassessed by the examiner because he or she is not required to read beyond 4,000 words.

Any material that is not original must be carefully acknowledged, with specific attention paid to the acknowledgement and referencing of quotes and ideas. This acknowledgment and referencing is applicable to audiovisual material, text, graphs and data published in print and electronic sources. If the referencing does not meet the minimum standard as indicated in the guide (name of author, date of publication, title of source and page numbers, as applicable), and is not consistently applied, work will be considered as a case of possible academic misconduct. Incomplete references and those that do not meet the minimum requirements as detailed in the Effective citing and referencing document are not penalized in criterion D, but examiners are required to alert the IB to candidates who overlook these minimum requirements, for further investigation. Criterion D assesses references and bibliography purely on how they are presented (for example, consistent, laid out in an appropriate academic manner).

Criterion E: Engagement

(Strands: Process, Research focus)

This criterion assesses the student’s engagement with their research focus and the research process. It will be applied by the examiner at the end of the assessment of the essay, and is based solely on the candidate’s reflections as detailed on the RPPF , with the supervisory comments and extended essay itself as context.

Students are expected to provide reflections on the decision-making and planning process undertaken in completing the essay. Students must demonstrate how they arrived at a topic as well as the methods and approach used. This criterion assesses the extent to which a student has evidenced the rationale for decisions made throughout the planning process and the skills and understandings developed.

For example, students may reflect on:

the approach and strategies chosen, and their relative success

the Approaches to learning skills they have acquired and how they have developed as a learner

how their conceptual understandings have developed or changed as a result of their research

challenges faced in their research and how they overcame these

questions that emerged as a result of their research

what they would do differently if they were to undertake the research again.

Effective reflection highlights the journey the student has engaged in through the EE process. In order to demonstrate that engagement, students must show evidence of critical and reflective thinking that goes beyond simply describing the procedures that have been followed. Reflections must provide the examiner with an insight into student thinking, creativity and originality within the research process. The student voice must be clearly present and demonstrate the learning that has taken place.

World Studies Extended Essay: Examples

• Introduction
• Getting Started
• Global Themes
• Interdisciplinary Research
• What Makes Up a "Discipline"?
• Evaluating the Insights of Academic Disciplines
• Multiple Forms of Integration
• Evaluating Your Essay
• Common Stumbling Blocks
• Examples of Globally Conscious Students

Examples of interdisciplinary research

Interdisciplinary research projects can vary extensively in content and extent of material covered.  Here are two examples:

WSEE Example 1 - IB Subjects: ESS (Environmental systems and societies) and Economics WSEE Example 2 - IB Subjects: Economics, Biology, Political science

WSEE Example 1 - IB Subjects: ESS (Environmental systems and societies) and Economics

A student assesses the effectiveness and viability of the environmentally friendly method of "cleaner production". He focused on a specific ceramic tile manufacturer in China, placing this local case in the context of global environmental sustainability. He used concepts from environmental systems and societies such as “end-of-pipe protection” and “cyclonic separation”, as well as tools such as a “water balance flow diagram” and an “analysis of pollution or inefficiency” to assess the potential environmental advantages of adopting a cleaner production approach. He also incorporated the financial tool of “net present value” (NPV) to appraise the viability of a long-term project such as pollution control. Through his study, he convincingly demonstrated that cleaner production makes environmental as well as financial sense for companies.

WSEE Example 2 - IB Subjects: Economics, Biology, Political Science

A student studied the economic and cultural causes of infant malnutrition in the rural district of Maharashtra and considered the public health policies needed to tackle the problem. Her wide-ranging study incorporated knowledge and concepts from a range of disciplines including economics, the humanities, biology and political science. She developed a complex explanation of some of the causes and effects of malnutrition in this Indian state, taking into          account the interconnection between low maternal literacy levels, decreased government health spending and poor child nutrition when considering elevated levels of child malnutrition. She then applied this understanding to come up with policy recommendations.

WSEE Documents

WSEE Subject Guide and worksheets

• IB EE Subject Guide - World Studies, 2018
• Making Meaningful Connections Use this worksheet to help you think about your research plans: the concepts or methods your will be using, the global topic you're focusing on, and the academic disciplines you will be using.

RRS (Researcher's Reflection Space)

• Sample Prompts for the WSEE RRS What should you write in your RRS? Use these questions and prompts to help you think through the various stages of the research for your WSEE: your initial ideas, your thoughts and reflections during the process, and your conclusions.
• RRS Example B - World Studies

RPPF (Researcher's Planning and Progress Form) examples:

• RPPF Example 5 - World Studies
• RPPF Example 7 - World Studies

IB Extended Essay Guide & Timeline

Check the Extended Essay guide for specific guidance on completing the various steps in the research and writing process of the EE, and  these documents:

• << Previous: Interdisciplinary Research
• Next: Academic Lenses >>
• Last Updated: Sep 19, 2022 9:16 AM
• URL: https://libguides.westsoundacademy.org/wsee

Economics Extended Essay Topic Ideas for IB Students

Table of contents

• Writing Metier

The International Baccalaureate Extended Essay in Economics can cover a wide range of topics. However, the choice of topic must enable the student to apply a range of economic theories and concepts to address a research question. 

This will be a long read, but everyone will likely find a good idea of the topic and research question for their Economics extended essay.

Extended essay in Economics topic categories

The IB Economics EE is expected to demonstrate a good understanding of the subject and the application of economic theory to real-world situations .

Btw…if you need assistance, you can always count on our extended essay writing service at Writing Metier. We will help you with your Economics extended essay.

Here are 12 potential categories for IB Economics Extended Essay topics:

• Market Structures (e.g., Monopolies, Oligopolies)
• Market Failure (e.g., Externalities, Public Goods)
• Elasticity (e.g., Price Elasticity of Demand/Supply)
• Economic Cycles (e.g., Business Cycles, Economic Growth)
• Fiscal Policy (e.g., Government Spending, Taxation)
• Monetary Policy (e.g., Interest Rates, Money Supply)
• Trade Policies (e.g., Tariffs, Trade Agreements)
• Exchange Rates (e.g., Currency Fluctuations, Foreign Exchange Markets)
• Balance of Payments (e.g., Current Account, Capital Account)
• Measures of Development (e.g., GDP, HDI)
• Poverty and Inequality (e.g., Income Distribution, Poverty Alleviation Strategies)
• Sustainable Development (e.g., Environmental Sustainability, Social Sustainability)
• Consumer Behavior (e.g., Bounded Rationality, Heuristics)
• Nudge Theory (e.g., Choice Architecture, Incentives)
• Market Behavior (e.g., Bubbles, Herd Behavior)
• Wage Determination (e.g., Minimum Wage, Bargaining)
• Labor Markets (e.g., Unemployment, Labor Mobility)
• Human Capital (e.g., Education, Training)
• Resource Management (e.g., Renewable Resources, Conservation)
• Environmental Policies (e.g., Carbon Tax, Emissions Trading)
• Cost-Benefit Analysis (e.g., Environmental Impact Assessments)
• Healthcare Systems (e.g., Insurance, Public vs. Private Provision)
• Health Outcomes (e.g., Life Expectancy, Quality of Life)
• Health Policies (e.g., Regulation, Subsidies)
• Government Expenditure (e.g., Public Goods, Welfare)
• Taxation (e.g., Progressive vs. Regressive Taxes)
• Fiscal Federalism (e.g., Central vs. Local Government Finance)
• Firm Behavior (e.g., Mergers, Acquisitions)
• Market Regulation (e.g., Antitrust Laws, Competition Policy)
• Innovation and Technology (e.g., R&D, Patents)
• Financial Markets (e.g., Stock Markets, Bond Markets)
• Financial Instruments (e.g., Derivatives, Futures)
• Financial Regulation (e.g., Banking Regulation, Financial Crises)
• Economic Thought (e.g., Classical, Keynesian)
• Economic History (e.g., Historical Economic Development, Historical Crises)
• Methodological Issues (e.g., Econometrics, Qualitative vs. Quantitative Analysis)

Each of these categories can be further refined into specific research questions suitable for an extended essay . Below, I’ll be providing some ideas for your ease.

The choice of topic should be such that it allows for a systematic investigation that can be effectively analyzed using economic theories and data. 

It’s also essential to ensure that the topic is narrow enough to be addressed within the word limit and broad enough to allow for an in-depth analysis.

Economics IB EE Topic Ideas and Research Questions

Starting with Microeconomics, we’re zooming in on the nitty-gritty of individual markets and how they tick. 

Microeconomics Topics and Research Questions

We’ve got our classic battles of market structures—monopolies holding the fort, oligopolies playing chess with each other, and perfect competition being the ideal we rarely meet.

Then there’s the whole drama of market failure, where things get messy with externalities and public goods, and no one’s quite sure who should clean up the mess. 

And elasticity? It’s like the pulse check of the market, seeing how it reacts to price changes. It’s all about the small scale, the details, the fine print.

Market Structures

Topic:  The impact of local monopolies on consumer choice in rural areas.

Research Question:  How do local monopolies in rural areas affect consumer choices and prices?

Topic:  The competitive strategies of oligopolies in the smartphone industry.

Research Question:  What competitive strategies do oligopolies in the smartphone industry use to maintain market share?

Topic:  The prevalence of monopolistic competition in the fast-food industry.

Research Question:  How does monopolistic competition influence product variety in the fast-food industry?

Market Failure

Topic:  The role of government in addressing negative externalities in urban transport.

Research Question:  How effective are government interventions in reducing traffic congestion as a negative externality in urban areas?

Topic:  The effectiveness of public goods provision in rural education.

Research Question:  How does the provision of education as a public good affect educational outcomes in rural areas?

Topic:  The impact of plastic bag taxes on environmental externalities.

Research Question:  Have plastic bag taxes significantly reduced the environmental externalities associated with plastic waste?

Topic:  Price elasticity of demand for organic produce in urban markets.

Research Question:  How does the price elasticity of demand for organic produce affect consumer purchasing patterns in urban markets?

Topic:  Cross-price elasticity between electric cars and fossil fuel vehicles.

Research Question:  What is the cross-price elasticity of demand between electric cars and fossil fuel vehicles, and what does it imply for future sales?

Topic:  The elasticity of supply in the housing market during economic booms.

Research Question:  How does the elasticity of supply in the housing market respond to economic booms?

Macroeconomics Topics and Research Questions

But then we step back and look at the big picture with Macroeconomics. Here we’re talking about the economy’s heartbeat—those business cycles that keep us on our toes, wondering if we’re heading for a boom or bracing for a bust. 

Governments step in with their fiscal policies, wielding taxes and spending like surgeons trying to fix the economy without making it bleed out. 

And let’s not forget the central banks, playing with interest rates and money supply like some high-stakes game of poker.

Economic Cycles

Topic:  The impact of economic cycles on unemployment rates in industrial sectors.

Research Question:  How do different phases of economic cycles affect unemployment rates in the manufacturing sector?

Topic:  The correlation between economic growth and income inequality.

Research Question:  Is there a significant correlation between economic growth and the level of income inequality in developed countries?

Topic:  The role of technological innovation in driving economic cycles.

Research Question:  To what extent does technological innovation influence the length and magnitude of economic cycles?

Fiscal Policy

Topic:  The effectiveness of fiscal stimulus in recession recovery.

Research Question:  How effective are fiscal stimulus packages in accelerating recovery from recessions?

Topic:  The impact of taxation on small businesses and economic growth.

Research Question:  What is the impact of changes in small business taxation on economic growth?

Topic:  Government spending priorities and their impact on long-term economic growth.

Research Question:  How do government spending priorities influence long-term economic growth?

Monetary Policy

Topic:  The effects of interest rate changes on consumer spending.

Research Question:  How do changes in the central bank’s interest rate affect consumer spending patterns?

Topic:  The relationship between money supply growth and inflation.

Research Question:  What is the relationship between the growth of money supply and the rate of inflation in emerging economies?

Topic:  Central bank policies and their impact on currency exchange rates.

Research Question:  How do central bank policies in developed countries affect their currency exchange rates?

Each of these topics and research questions can be tailored to fit the specific requirements of an IB Economics Extended Essay , including the availability of data, the scope of the research, and the word count limitations. 

It’s important to conduct preliminary research to ensure that there is enough material to support the investigation.

Next stop, International Economics. This is where countries shake hands or sometimes wrestle over trade policies. 

International Economics Topics and Research Questions

Tariffs, trade agreements, and who gets the better deal—it’s like a global marketplace where everyone’s trying to haggle their way to prosperity. 

Exchange rates bounce around like ping pong balls, and the balance of payments tells us who’s spending too much on their credit card and who’s got money in the bank.

Trade Policies

Topic:  The impact of trade tariffs on the domestic automobile industry.

Research Question:  How have recent changes in trade tariffs affected the competitiveness of the domestic automobile industry?

Topic:  The effectiveness of free trade agreements in promoting economic growth.

Research Question:  What has been the impact of free trade agreements on the economic growth of member countries?

Topic:  The role of trade policies in protecting local agriculture.

Research Question:  How do trade policies affect the sustainability and profitability of local agricultural sectors?

Exchange Rates

Topic:  The effects of exchange rate fluctuations on the tourism industry.

Research Question:  How do exchange rate fluctuations impact the number of international tourists and tourism revenue?

Topic:  Currency wars and their impact on global trade.

Research Question:  What are the consequences of competitive devaluations, often referred to as ‘currency wars’, on global trade dynamics?

Topic:  The relationship between commodity prices and currency strength in exporting countries.

Research Question:  How do fluctuations in commodity prices affect the exchange rate of commodity-exporting countries?

Balance of Payments

Topic:  The impact of remittances on the balance of payments in developing countries.

Research Question:  What role do remittances play in the balance of payments of developing countries?

Topic:  Foreign Direct Investment (FDI) and its effect on the current account balance.

Research Question:  How does FDI influence the current account balance of emerging economies?

Topic:  The effects of tourism on the balance of payments in small island economies.

Research Question:  What is the significance of tourism revenue in the balance of payments of small island economies?

Then we get into the meaty issues with Development Economics. 

Development Economics Topics and Research Questions

It’s all about asking, “Are we getting better?” We measure development with things like GDP and the Human Development Index, but they don’t always tell the full story. 

We’re also tackling the tough stuff like poverty, inequality, and whether we can keep growing without trashing the planet. It’s about making sure progress today doesn’t rob tomorrow.

Measures of Development

Topic:  The correlation between GDP growth and improvements in Human Development Index (HDI) scores.

Research Question:  Does GDP growth have a significant correlation with improvements in HDI scores?

Topic:  The effectiveness of Gross National Happiness (GNH) as an alternative development measure.

Research Question:  How does GNH compare to GDP as a measure of development, and what are its implications for policy-making?

Topic:  The impact of technological advancement on economic development indicators.

Research Question:  What is the impact of rapid technological advancement on traditional economic development indicators?

Poverty and Inequality

Topic:  The effectiveness of microfinance in reducing poverty in rural areas.

Research Question:  To what extent has microfinance contributed to poverty reduction in rural communities?

Topic:  Income inequality and educational outcomes in urban environments.

Research Question:  How does income inequality within urban areas affect educational outcomes?

Topic:  The role of gender inequality in economic development.

Research Question:  What is the impact of gender inequality on economic development in developing countries?

Sustainable Development

Topic:  The economic impacts of transitioning to sustainable energy sources.

Research Question:  What are the short-term and long-term economic impacts of transitioning to sustainable energy?

Topic:  The role of sustainable agriculture in promoting food security.

Research Question:  How does sustainable agriculture contribute to food security and economic development?

Topic:  The cost-benefit analysis of environmental conservation measures.

Research Question:  What are the economic benefits and costs associated with environmental conservation measures?

Behavioral Economics Topics and Research Questions

Now, let’s talk about what makes people tick with Behavioral Economics. This is where we realize that humans aren’t always the rational robots some theories make us out to be. 

We’ve got our quirks—bounded rationality, heuristics, and sometimes we follow the herd off a cliff in a market bubble. It’s fascinating because it’s about the psychology behind the economics.

Consumer Behavior

Topic:  The influence of social media on consumer purchasing decisions.

Research Question:  To what extent does social media influence consumer behavior in the fashion industry?

Topic:  The impact of brand loyalty on price elasticity.

Research Question:  How does brand loyalty affect the price elasticity of demand for consumer electronics?

Topic:  Behavioral factors influencing impulsive buying behavior.

Research Question:  What behavioral factors are most significant in influencing impulsive buying behavior in online retail?

Nudge Theory

Topic:  The effectiveness of nudges in promoting healthy eating habits.

Research Question:  How effective are nudging strategies in changing consumer eating habits in school cafeterias?

Topic:  The role of default choices in retirement savings plans.

Research Question:  What is the impact of default options on the participation rates in employer-sponsored retirement savings plans?

Topic:  The use of framing effects in environmental policy compliance.

Research Question:  How do framing effects influence compliance with environmental policies among households?

Market Behavior

Topic:  The impact of investor sentiment on stock market bubbles.

Research Question:  To what extent does investor sentiment contribute to the formation and bursting of stock market bubbles?

Topic:  Herd behavior and its influence on cryptocurrency markets.

Research Question:  How does herd behavior manifest in the trading patterns of cryptocurrency markets?

Topic:  The role of overconfidence in financial market trading.

Research Question:  What is the role of overconfidence bias in the decision-making processes of individual investors in financial markets?

Each of these topics and research questions should be carefully considered and refined to ensure that they are feasible for an extended essay , with a clear focus and available data for analysis.

Labor Economics Topics and Research Questions

Shifting gears to Labor Economics, we’re in the world of work. Wages aren’t just about money; they’re about bargaining power, fairness, and sometimes just sticking to the minimum. 

The labor market’s a tough crowd, with unemployment and the quest for the right job in the right place. 

And human capital reminds us that it’s not just about filling positions but nurturing talent through education and training.

Wage Determination

Topic:  The impact of minimum wage increases on small business employment levels.

Research Question:  What is the effect of minimum wage increases on employment levels in the small business sector?

Topic:  Wage bargaining and gender pay disparity in the technology sector.

Research Question:  How does wage bargaining contribute to the gender pay gap in the technology industry?

Topic:  The influence of trade unions on wage determination in the automotive industry.

Research Question:  What role do trade unions play in shaping wage determination in the automotive industry?

Labor Markets

Topic:  The effects of automation on unemployment rates in manufacturing.

Research Question:  How has the increase in automation impacted unemployment rates in the manufacturing sector?

Topic:  Labor market flexibility and its impact on economic resilience during recessions.

Research Question:  How does labor market flexibility affect a country’s economic resilience to recessions?

Topic:  The role of labor mobility in regional economic development.

Research Question:  What is the impact of labor mobility on economic development in economically depressed regions?

Human Capital

Topic:  The return on investment in higher education for various fields of study.

Research Question:  What is the comparative return on investment in higher education across different fields of study?

Topic:  The impact of vocational training programs on employability in the service sector.

Research Question:  How do vocational training programs affect employability and income levels in the service sector?

Topic:  The correlation between educational attainment and labor productivity.

Research Question:  How does the level of educational attainment correlate with labor productivity in the tech industry?

Breathing in some fresh air, we move to Environmental Economics. 

Environmental Economics Topics and Research Questions

Here’s where we figure out how to play nice with nature. Managing resources, setting up environmental policies like carbon taxes, and doing the math to see if the benefits of saving a forest are worth the cost. 

It’s economics going green.

Resource Management

Topic:  The economic viability of renewable energy sources in rural communities.

Research Question:  What are the economic challenges and benefits of adopting renewable energy sources in rural communities?

Topic:  The impact of water resource management on agricultural productivity.

Research Question:  How does effective water resource management influence agricultural productivity and economic sustainability?

Topic:  The effects of conservation policies on the forestry industry.

Research Question:  What economic impact do conservation policies have on the forestry industry?

Environmental Policies

Topic:  The effectiveness of carbon taxes in reducing greenhouse gas emissions.

Research Question:  How effective have carbon taxes been in achieving their intended reductions in greenhouse gas emissions?

Topic:  The economic impacts of emissions trading schemes on heavy industries.

Research Question:  What are the economic consequences of emissions trading schemes for heavy industries?

Topic:  The role of environmental regulations in shaping the automotive industry.

Research Question:  How have environmental regulations influenced innovation and economic outcomes in the automotive industry?

Cost-Benefit Analysis

Topic:  The cost-benefit analysis of urban green space preservation.

Research Question:  What are the economic costs and benefits of preserving urban green spaces?

Topic:  The economic evaluation of flood defense systems in coastal cities.

Research Question:  From an economic perspective, how do the costs and benefits of flood defense systems in coastal cities compare?

Topic:  The financial implications of biodiversity conservation programs.

Research Question:  What are the economic trade-offs associated with biodiversity conservation programs?

Health Economics Topics and Research Questions

Health Economics brings us to the crossroads of wealth and well-being. Healthcare systems are complex beasts, and we’re trying to tame them so that they can heal without causing financial heartache. 

We’re measuring health outcomes and life quality, all while navigating through the maze of health policies.

Healthcare Systems

Topic:  The economic effects of public versus private healthcare provision on quality of care.

Research Question:  How does the mode of healthcare provision (public vs. private) affect the quality of care and economic efficiency?

Topic:  The impact of insurance coverage on healthcare utilization rates.

Research Question:  How does the level of insurance coverage influence healthcare utilization rates among different socioeconomic groups?

Topic:  The cost-effectiveness of universal healthcare systems.

Research Question:  From a cost-effectiveness standpoint, how do universal healthcare systems compare to multi-payer systems?

Health Outcomes

Topic:  The economic burden of chronic diseases on healthcare systems.

Research Question:  What is the economic impact of the rising prevalence of chronic diseases on healthcare systems?

Topic:  The relationship between socioeconomic status and health outcomes.

Research Question:  How does socioeconomic status affect health outcomes across different regions?

Topic:  The impact of mental health services on workplace productivity.

Research Question:  What is the economic impact of providing mental health services on workplace productivity?

Health Policies

Topic:  The economic implications of pharmaceutical regulation on drug prices.

Research Question:  How do pharmaceutical regulations affect drug prices and the availability of new medications?

Topic:  The cost-benefit analysis of preventive healthcare measures.

Research Question:  What are the long-term economic benefits of investing in preventive healthcare measures?

Topic:  The effects of subsidies on the consumption of health-related goods.

Research Question:  How do subsidies for health-related goods (e.g., gym memberships, healthy foods) affect consumption patterns and health outcomes?

Public Sector Economics Topics and Research Questions

Public Sector Economics is where we see how the government tries to steer the ship. They’re spending on public goods and welfare, trying to keep the economy afloat without springing too many leaks. 

Taxation is a hot topic—progressive, regressive, who’s paying their way, and who’s getting a free ride? And with fiscal federalism, it’s a tug-of-war between local needs and central control.

Government Expenditure

Topic:  The impact of government spending on public goods on economic growth.

Research Question:  How does government expenditure on public goods such as infrastructure contribute to economic growth?

Topic:  The effectiveness of welfare programs in reducing poverty.

Research Question:  What has been the impact of welfare programs on poverty levels in developed countries?

Topic:  The economic consequences of military spending.

Research Question:  How does military expenditure affect the allocation of government resources and economic growth?

Topic:  The economic effects of progressive taxation on income distribution.

Research Question:  Does progressive taxation lead to a more equitable distribution of income?

Topic:  The impact of value-added tax (VAT) on consumer spending.

Research Question:  How does the implementation of VAT affect consumer spending patterns?

Topic:  The role of tax incentives in promoting renewable energy investments.

Research Question:  How effective are tax incentives in encouraging investment in renewable energy projects?

Fiscal Federalism

Topic:  The challenges of fiscal coordination between central and local governments.

Research Question:  What are the main challenges in achieving fiscal coordination between different levels of government?

Topic:  The impact of fiscal decentralization on local economic development.

Research Question:  How does fiscal decentralization affect economic development at the local level?

Topic:  The role of intergovernmental transfers in balancing regional disparities.

Research Question:  How do intergovernmental transfers help to address regional economic disparities?

Industrial Organization Topics and Research Questions

We’re watching firms and their power moves—mergers, acquisitions, and the regulatory hoops they have to jump through. 

It’s about keeping the market fair and innovative, making sure the big fish don’t eat all the little ones and that new ideas get a chance to grow.

Firm Behavior

Topic:  The economic rationale behind mergers and acquisitions in the tech industry.

Research Question:  What economic factors drive mergers and acquisitions in the technology sector?

Topic:  The impact of corporate governance on firm performance.

Research Question:  How does the quality of corporate governance affect firm performance and economic outcomes?

Topic:  The effects of vertical integration on market competition.

Research Question:  Does vertical integration by large firms lead to less competition in the market?

Market Regulation

Topic:  The effectiveness of antitrust laws in promoting fair competition.

Research Question:  How effective are antitrust laws in maintaining competitive markets?

Topic:  The economic impacts of deregulation in the airline industry.

Research Question:  What have been the economic outcomes of deregulation in the airline industry?

Topic:  The role of competition policy in fostering innovation.

Research Question:  How does competition policy influence the rate and direction of innovation in high-tech industries?

Innovation and Technology

Topic:  The relationship between R&D investment and economic performance in pharmaceuticals.

Research Question:  How does R&D investment correlate with economic performance in the pharmaceutical industry?

Topic:  The economic implications of patent laws on innovation.

Research Question:  What is the impact of patent laws on the rate of innovation in renewable energy technologies?

Topic:  The role of government subsidies in technological advancement.

Research Question:  How do government subsidies affect technological advancement in emerging industries?

Financial Economics Topics and Research Questions

Financial Economics is where the money’s at—literally. Stock markets, bond markets, the exotic world of derivatives—it’s all about the flow of money. 

And with financial regulation, we’re trying to keep the party responsible so that the financial hangover doesn’t hit too hard.

Financial Markets

Topic:  The impact of stock market volatility on economic decision-making.

Research Question:  How does stock market volatility influence corporate investment decisions?

Topic:  The role of bond markets in public debt management.

Research Question:  What role do bond markets play in the management of public debt?

Topic:  The effects of quantitative easing on financial markets.

Research Question:  How has quantitative easing affected financial markets post-2008 financial crisis?

Financial Instruments

Topic:  The use of derivatives in risk management by corporations.

Research Question:  How do corporations use derivatives to manage financial risk?

Topic:  The impact of futures trading on commodity price stability.

Research Question:  Does futures trading contribute to the stability of commodity prices?

Topic:  The role of cryptocurrency in the financial portfolio diversification.

Research Question:  How do cryptocurrencies affect the diversification of financial portfolios?

Financial Regulation

Topic:  The effectiveness of banking regulation in preventing financial crises.

Research Question:  How effective have banking regulations been in preventing another financial crisis?

Topic:  The economic effects of capital adequacy requirements on banks.

Research Question:  What are the economic effects of increased capital adequacy requirements for banks?

Topic:  The impact of international financial reporting standards on market transparency.

Research Question:  How do international financial reporting standards improve market transparency and economic outcomes?

Economic Methodology and History Topics and Research Questions

Lastly, we’ve got Economic Methodology and History. It’s a bit like time travel, seeing how past thinkers shape our current policies and how historical events steer us towards new economic shores. 

And methodology? It’s the toolbox that helps us figure out if what we’re doing actually makes sense, with all the number crunching and case studies that help us understand the why behind the what.

Economic Thought

Topic:  The influence of Keynesian economic policies on modern fiscal strategies.

Research Question:  How have Keynesian economic principles shaped contemporary fiscal policy-making?

Topic:  The relevance of classical economics in today’s market economy.

Research Question:  To what extent are the principles of classical economics applicable in the current market economy?

Topic:  The impact of behavioral economics on traditional economic models.

Research Question:  How has behavioral economics challenged the assumptions of traditional economic models?

Economic History

Topic:  The economic consequences of the 1970s oil shocks.

Research Question:  What were the long-term economic consequences of the oil shocks of the 1970s?

Topic:  The role of economic policies in the Great Depression.

Research Question:  How did economic policies contribute to the onset and duration of the Great Depression?

Topic:  The economic impacts of the dissolution of the Soviet Union.

Research Question:  What were the economic impacts of the dissolution of the Soviet Union on Eastern European countries?

Methodological Issues

Topic:  The application of econometrics in evaluating fiscal policy.

Research Question:  How can econometric models be used to evaluate the effectiveness of fiscal policy?

Topic:  The challenges of qualitative analysis in economic research.

Research Question:  What are the main challenges associated with using qualitative analysis in economic research?

Topic:  The comparison of case study and statistical methods in economic analysis.

Research Question:  How do case study methods compare to statistical methods in the analysis of economic phenomena?

So, there you have it—a whirlwind tour through the interconnected world of economics extended essay topics. 

Each piece of the cake tells part of the story, and it’s only when you put them all together that you see the full tasty picture. What’s your take on all this?

If you need some other IB EE topic options, we also have many other articles with various extended essay topic ideas . Do not miss a chance to check some that may interest you.

Conclusion 

I would have continued with other options, but I believe this list of Economics extended essay topic ideas are quite enough for today. Good luck with your RQ selection, research and writing .

If you find a better article that provides more comprehensive and detailed suggestions for Economics extended essay topic ideas, share it with me 😉

If you need topic suggestions with outlines or assistance with writing a custom IB Economics EE, our IB experts at Writing Metier are always ready to assist you.

Simply contact us using our contact form or fill out the order form with details to your economics extended essay and our IB experts will land you a hand.

Free topic suggestions

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Vasyl Kafidoff is a co-founder and CEO at WritingMetier. He is interested in education and how modern technology makes it more accessible. He wants to bring awareness about new learning possibilities as an educational specialist. When Vasy is not working, he’s found behind a drum kit.

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Extended Essay Guide: Criteria, Format, Sample EEs

• Criteria, Format, Sample EEs
• Annotated Bibliographies
• DP Research Process
• Databases & Academic Journals
• Evaluate Sources
• Academic Integrity
• MLA Citation Format
• CSE Citation Format (Science & Math)
• Video Tutorials 2024

The Assessment Crtiteria in Detail!

• Criterion A: Focus and method
• Criterion B: Knowledge and understanding
• Criterion C: Critical Thinking
• Criterion D: Presentation
• Criterion E: Engagement
• EE_How to maximize marks for different subjects?

• Criterion C: Critical thinking

Notes from the IB

RE: Research Question and Title of Extended Essay

Please note the statement below from the EE curriculum manager regarding the need to have both a title and a RQ for all subjects. Previous versions of the EE Guide indicated that the title and the RQ should be the same for History, Business Management and Mathematics. This is no longer the case.  All essays, regardless of the subject, need to have both a RQ and a title.

Hi Kathy, 

To answer your question, I am going to quote directly from a response John Royce provided, on this forum, in October in response to a very similar question: (it was a question about using Spanish sources - hence the mention of Spanish)

It is certainly  permissible to use sources which are not in the language of the essay, but translation into the target language is required , one cannot assume that the reader understands the original language.

It is usual to quote the original as well as presenting the translation.  [Do not put quotation marks around your translation, just around the original]

Umberto Eco argues ("in Mouse or rat?") that direct translation may lose meaning, paraphrase or use of different idioms may be required to get the ideas across. Paul Bellos ("Is that a fish in your ear?") makes a similar argument - direct translation may confound meaning... Direct translation may not be ideal - meaning and understanding are preferred - so, not to worry that your student with her good Spanish cannot present a direct translation.

What  must be made clear is that the translations are those of the student;  these are her understandings. Readers can make of that what they will - and if unsure, are presented with the original - they can seek another translation.  A note in the acknowledgements and/or in the introduction to the effect that all translations are those of the writer is ... essential.

In response to the question about the  Bibliography/Works cited, my preference would be to list the source in its original Thai version, but perhaps with the English in brackets, to help the examiner.

Your bibliography will have the entries in Thai characters first in the document. Any in-text citation to Thai sources will be in (Thai characters [English translation]).

Citation in Thai [English translation]

Works Cited Example:

วงษ์ปัญญา, ธนกร [Wongpunya, Thanakorn]. “โรงงานยาสูบรวยแค่ไหน และเอาเงินไปทำอะไรบ้าง.”  [How rich is the Thailand Tobacco Monopoly and where does the money go?] (candidate translation). The Standard, The Standard, 30 Aug. 2018, thestandard.co/thailand-tobacco-monopoly/.

Format of the Extended Essay

Required Formatting

The extended essay should be written in a clear, correct and formal academic style, appropriate to the subject from which the topic is drawn. Given that the extended essay is a formally written research paper, it should strive to maintain a professional, academic look. 

To help achieve this, the following formatting is  required:

• 12-point, readable font (Calibri or Times New Roman);
• double spacing throughout entire Essay;
• page numbering - top right corner;
• no candidate or school name or supervisor name on the title page or page headers.

Submitting the extended essay in the required format will help set the tone of the essay and will aid readability for on-screen assessment by examiners.

Required S tructure

The structure of the essay is very important. It helps students to organize the argument, making the best use of the evidence collected. 

There are six required elements of the final work to be submitted. More details about each element are given in the  “Presentation”  section. Please note that the order in which these elements are presented here is not necessarily the order in which they should be written. 

Six required elements of the extended essay:

• Contents page
• Introduction
• Body of the essay
• References and bibliography -- if MLA "Works Cited" if CSE "References"

1. Required Title Page  

The title page should include  only  the following information: 

• the title of the essay
• the research question
• the subject the essay is registered in (if it is a language essay also state which category it falls into; if a world studies essay also state the theme and the two subjects utilized) 

The upper limit is 4,000 words for all extended essays. 

2. Required Contents Page

A contents page must be provided at the beginning of the extended essay and all pages should be numbered. Please note that an index page is not required and if included will be treated as if it is not present.

3. Required Introduction

The introduction should tell the reader what to expect in the essay. The introduction should make clear to the reader the focus of the essay, the scope of the research, in particular an indication of the sources to be used, and an insight into the line of argument to be taken. 

While students should have a sense of the direction and key focus of their essay, it is sometimes advisable to finalize the introduction once the body of the essay is complete.

4. Required Body of the Essay  (research, analysis, discussion, and evaluation)

The main task is writing the body of the essay, which should be presented in the form of a reasoned argument. The form of this varies with the subject of the essay but as the argument develops it should be clear to the reader what relevant evidence has been discovered, where/how it has been discovered and how it supports the argument. In some subjects, for example, the sciences, sub-headings within the main body of the essay will help the reader to understand the argument (and will also help the student to keep on track). In structuring their extended essay, students must take into consideration the expected conventions of the subject in which their extended essay is registered. 

Once the main body of the essay is complete, it is possible to finalize the introduction (which tells the reader what to expect) and the conclusion (which says what has been achieved, including notes of any limitations and any questions that have not been resolved). 

Any information that is important to the argument  must not  be included in appendices or footnotes/endnotes. The examiner  will not  read notes or appendices, so an essay that is not complete in itself will be compromised across the assessment criteria.

5. Required Conclusion

The conclusion says what has been achieved, including notes of any limitations and any questions that have not been resolved. While students might draw conclusions throughout the essay based on their findings, it is important that there is a final, summative conclusion at the end. This conclusion(s) must relate to the research question posed.

6.  Required References & Bibliography

Students should use their chosen style of academic referencing as soon as they start writing. That way they are less likely to forget to include a citation. It is also easier than trying to add references at a later stage. For more information on this, refer to the guidelines in the IB document  Effective citing and referencing.

Writing the essay takes time but if students have used their Researcher's reflection space and reflection sessions in a meaningful way they should be well prepared to develop their arguments.

Extended Essay - Examples & Exemplars

• Essays from May 2018 with IB marks and commentaries
• Assessed Student Work & Commentary IB-provided. "Student sample extended essays, corresponding marks and comments from senior examiners are available for the following Diploma Programme disciplines. Please note that in light of not having authentic RPPFs to accompany these essays, they are marked against criteria A – D only, for a total of 28 possible marks. Following the first assessment session in 2018, exemplars will be refreshed with authentic sample material." more... less... Biology English Economics History Studies in language and literature Language acquisition Mathematics Psychology Visual arts World studies extended essay (WSEE)
• Excellenet Extended Essays Concordian GoogleDoc
• EngA1_Othello EE Othello 2018 From inThinking.net Click the link to see the score and evaluation.
• Fifty (50) More Excellent Extended Essays DVD by International Baccalaureate Call Number: HS DVD 808.4 ISBN: 9781906345600 Publication Date: 2011 1 DVD-ROM (1:33 min.)

Past CIS Extended Essays

Available in the library behind the desk are file folders of past Extended Essays by Concordian students and IB EE Exemplars. Feel free to browse the papers which must be kept in the library.

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• Next: Annotated Bibliographies >>
• Last Updated: Feb 27, 2024 8:42 AM
• URL: https://concordian-thailand.libguides.com/ee

Extended Essay

Extended Essay Examples

26 Best Extended Essay Examples for Inspiration

Published on: May 3, 2023

Last updated on: Jan 30, 2024

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Are you struggling to choose a topic or develop a research question for your Extended Essay? Or are you looking for examples to help guide your writing process? 

Look no further! 

In this blog, we will provide you with a variety of extended essay examples across different subject areas. By examining these examples, you can gain a better understanding of what a well-written extended essay looks like. 

So, without further ado, let's start the blog!

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What is an Extended Essay?

An extended essay is a research paper that students write as part of the International Baccalaureate (IB) program . This type of essay aims to allow students to dig deeply into a topic, and develop their writing skills.

The Extended Essay must be between 3,500 and 4,000 words. It is typically written in one of the six subject areas: 

• Language and Literature
• Language Acquisition
• Individuals and Societies
• Mathematics

Want to learn more about Extended essay writing? Check out his video!

Let's explore extended essay examples categorized by subject to better understand various topics and research questions within each discipline.

IB Extended Essay Examples

Here are some IB Extended Essay Examples:

IB Extended Essay Example Biology

IB Extended Essay Example World Religions

English Extended Essay Examples

English Extended Essay Example 1

English Extended Essay Example 2

History Extended Essay Examples

History Extended Essay Example 1

History Extended Essay Example 2

Psychology Extended Essay Examples

Psychology Extended Essay Example 1

Psychology Extended Essay Example 2

Economics Extended Essay Examples 

Economics Extended Essay Example 1

Economics Extended Essay Example 2

Physics Extended Essay Examples -H3

Physics Extended Essay Example 1

Physics Extended Essay Example 2

Math Extended Essay Examples -H3

Math Extended Essay Example 1

Math Extended Essay Example 2

Business Extended Essay Examples -H3

Business Extended Essay Example 1

Business Extended Essay Example 2

Chemistry Extended Essay Examples

Chemistry Extended Essay Example 1

Chemistry Extended Essay Example 2

Global Politics Extended Essay Examples

Global Politics Extended Essay Example 1

Global Politics Extended Essay Example 2

Music Extended Essay Examples

Music Extended Essay Example 1

Music Extended Essay Example 2

Visual Arts Extended Essay Examples

Visual Arts Extended Essay Example 1

Visual Arts Extended Essay Example 2

World Studies Extended Essay Examples -H3

World Studies Extended Essay Example 1

World Studies Extended Essay Example 2

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Tips for Writing Extended Essays

Here are some tips for writing extended essays:

• Choose a topic that interests you and aligns with your strengths.
• Create a research question that is specific, manageable, and has enough depth to explore in detail.
• Develop a clear outline and structure for your essay, including an introduction, main body, and conclusion.
• Use a variety of sources, including academic journals, books, and primary sources, to support your arguments.
• Maintain a critical and analytical approach throughout your essay, examining various perspectives and evaluating the strengths and weaknesses of different arguments.
• Avoid plagiarism by citing your sources correctly and using your own words to explain your ideas.
• Revise and edit your essay thoroughly, ensuring that it is coherent, logical, and well-written.
• Seek feedback from your supervisor or teacher, as well as peers or family members, to improve your essay further.

In conclusion, extended essay writing is an essential part of academic life, and it requires a lot of dedication and practice. However, with the right guidance and inspiration, anyone can excel in writing a compelling extended essay. 

The examples we have explored in this blog have provided valuable insights into the process. We hope they have inspired you to start your own journey toward excellence.

But if you need any additional assistance, don't hesitate to reach out to CollegeEssay.org. Our extended essay writing service consists of professional writers who are always ready to help you with your writing assignments.

We provide the best essay writing service to meet your specific needs and requirements.

So, get in touch with us today, and let our essay writer help you achieve your academic goals!

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