Practice Worksheet
TN-ECON-GR12-86394 · v3.9
Applying Market Structures
Grade 12 · Economics · Market Structures · International Baccalaureate
Grade
Grade 12
Subject
Economics
Topic
Market Structures
Subtopic
Applying Market Structures
Curriculum
International Baccalaureate
Difficulty
Core
Time
30 minutes
Total marks
54
Student name
Teacher name
Date
Learning objectives
- Recognise applying market structures accurately in economics contexts.
- Explain the underlying rule of applying market structures in the student's own words.
- Apply applying market structures to multi-step and unfamiliar problems.
- Justify a chosen method and identify errors in another student's work.
Skills assessed
- Fluency and recall
- Method and setting out
- Reasoning and justification
- Problem solving in context
- Self-assessment
Instructions
- Write your name, your teacher's name and the date in the header.
- Answer every question in the space provided. Continue on the back if needed.
- Show all working — method marks are awarded even when the final answer is wrong.
- Aim to finish in about 30 minutes.
- Complete the reflection box at the end before you hand the sheet in.
Warm-up
Bloom: Remember · 4 marks
Answer quickly. These check you are ready for the topic.
1.State one fact you already know about applying market structures.
[1]2.Circle one fact you already know about applying market structures.
[1]3.Circle one fact you already know about applying market structures.
[1]4.Write down one fact you already know about applying market structures.
[1]
Recall
Bloom: Remember · 4 marks
Complete from memory. No calculator, no notes.
1.Define the key term used in applying market structures described here: item 1.
[1]2.Complete the key term used in applying market structures described here: item 2.
[1]3.Label the key term used in applying market structures described here: item 3.
[1]4.Define the key term used in applying market structures described here: item 4.
[1]