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May 2024 Paper 1 · TZ1
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Question papers and mark schemes
112 sittings from 1999–2024. The page above is the real paper. Open any sitting to read the rest beside the mark scheme.
112 sittings
2024
2023
November
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
Already written something? Get it marked.
Paste a response you have already written for Economics SL — an essay, a commentary, a reflection — and it is marked band by band against the official IB assessment criteria.
Write 12 more characters to send this for marking.
Practice by topic
Criterion-based practice for every syllabus point — revise the lesson, then mark your response band-by-band.
- 1.1Scarcity, choice and opportunity cost
- 1.2Economics as a social science and the role of models
- 1.3The central concepts: efficiency, equity, sustainability and change
- 2.1Demand and the law of demand
- 2.2Supply and the law of supply
- 2.3Market equilibrium and the price mechanism
- 2.7Market failure: externalities and the environment
- 2.8Market failure: public goods and common pool resources
- 2.10Market structures: perfect competition and monopoly
- 2.11Market structures: monopolistic competition and oligopoly
- 3.2Aggregate demand and aggregate supply
- 3.3Low unemployment
- 3.5Economic growth
- 3.6Economic equality and the role of taxation
- 3.7Demand-side policies: fiscal and monetary policy
- 3.8Supply-side policies
- 4.2Free trade and protectionism
- 4.3Economic integration and the WTO
- 4.6Sustainable development
- 4.7Measuring economic development
- 4.8Barriers to development and economic development strategies
IB Economics SL past papers — by session
Every recent Economics exam series we cover (2021–2026), each with Paper 1, Paper 2. Practise a paper, then mark it against the IB band descriptors — that's where the grade is won.
Frequently asked questions
- Where can I find IB Economics SL past papers?
- Open any Economics SL sitting below (1999–2024). Each one has the question paper and, where we hold it, the mark scheme beside it.
- Does IB Economics have mark schemes?
- Yes — IB publishes mark schemes that use markbands and assessment criteria. Our guides explain how examiners place answers into level bands so you can mark your own work like an examiner.
- What's the best way to use Economics past papers?
- Work a full paper under timed conditions, mark yourself strictly against the band descriptors, list every mark you dropped, then drill those skills before the next session.
Best free IB Economics resources
Hand-picked, fully legal and free — official IB papers plus the best teacher-made notes and solutions.