To be honest, I disagree here. I think it is incorrect (not just improper) to use the 'i' if you were labelling the axes. The Im(z) axis details the imaginary part of the complex number a + bi. Im(z) in this particular complex number is equal to b, not "bi." Hence, the Im(z) values will never contain the 'i' term --> including it is therefore, incorrect in my opinion. Though, I could be wrong.
Luffy is right here, it is mathematically incorrect to use the "i" term here, because a complex number, be definition, is x+yi, the function Re(x+yi) = x and Im(x+yi) = y
Hence, the axis should both be labelled as you would in a cartesian plane, except the axis will now be Re(z) and Im(z)
According to Wikipedia: "In mathematics, the complex plane or z-plane is a geometric representation of the complex numbers established by the real axis and the orthogonal imaginary axis. It can be thought of as a modified Cartesian plane, with the real part of a complex number represented by a displacement along the x-axis, and the imaginary part by a displacement along the y-axis.[1]"
It says that the imaginary PART (notice the word part) - is displacement (position with respect to the origin) - along the y-axis
This suggests that the y-axis should be marked with the displacements, which are the -3, -2, -1, 0, 1, 2, 3
Anyway, I personally label my axes if the graphs are:
a) Trigonometric/Circular Functions
b) Circles and Ellipses
c) Hyperbolas
...I can't even make a list
But its an instinctive feeling, it's like I label on a basis of where it would actually help me draw a graph, but then and again, i guess in an exam, it wouldnt hurt to label the axes, you cant lose marks for doing extra (provided it's right) - so why not!