IB Economics diagrams: labels, shifts and explanations
A useful diagram makes an economic mechanism visible. Start with the event, choose the model that explains it, and show how the relevant variables change.
Learn with EconDoctor
Build a clearer economic explanation, one skill at a time. These guides are free to read without an account.
Use them for independent revision, to prepare a classroom discussion, or to check your approach before returning to your own work. Each guide connects a practical method with an example and a next step.
A useful diagram makes an economic mechanism visible. Start with the event, choose the model that explains it, and show how the relevant variables change.
A real-world example is useful when it helps explain the economics in your answer. Build a short chain from a specific event to a mechanism, an outcome and a reasoned qualification.
Choose an article that gives you something specific to analyse. A focused report about a policy or market change usually gives you a clearer starting point than a broad overview of the economy.
After reading a guide, explain a fresh example in your own words. Check the economic terminology, make each link in the argument explicit, and return to the evidence when you evaluate an outcome.