IB does not repeat exact Paper 2 questions, but it does repeat patterns. The same economic mechanisms come back through new case studies, new numbers, and different countries.
Use this list with the last-minute revision plan so your IB Economics revision stays focused instead of reactive.
1. Trade
- Tariffs and quotas
- Imports and export competitiveness
- Winners and losers from protectionism
Trade is one of the safest Paper 2 priorities because it combines data interpretation, diagrams, and evaluation in a single topic.
2. Exchange rates
- Appreciation and depreciation
- Interest-rate changes
- Export and import effects
Make sure you can explain the exchange-rate diagram cleanly and apply it to the case-study country.
3. AD/AS and macro policy
- Economic growth
- Inflation
- Supply-side measures such as education or infrastructure
4. Inequality
- Lorenz curve interpretation
- Progressive taxation and transfers
- Growth versus equity trade-offs
5. Sustainability and the environment
- Carbon taxes and regulation
- Growth versus sustainability
- Externalities in development contexts
If your class keeps seeing development-themed case studies, pair this page with the growth versus environment essay model so you have usable evaluation ready.
How to use these predictions properly
- Revise the mechanisms, not only the vocabulary
- Learn one real-world example for each theme
- Practise one diagram and one short explanation for each theme
Do not revise everything. Revise the patterns first.
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