International Baccalaureate Economics

In our fourth presentation from our Economics class, we embark on the topic of Demand.  What is demand? What's the Law of Demand? There is also a demand schedule and a diagram along with an example. What are the determinants of demand?  What's the difference between an increase in the quantity demanded and an increase in demand?  Those are just some of the questions, you'd be able to answer after this lesson. Download the Presentation: Demand Sign up for FREE IB Economics presentations Find out more about current Economics issues related to our course

In the third presentation from our Economics class, we go over the format and requirements of Paper 1 IB exams. While the  examination  instructions supply the specific questions to answer along with brief instructions regarding the allotted time and what is permitted during the assessment, there are few other guidelines as to what is expected of the student.  In this lesson, IB Economics pupils learn about what is called for on Paper 1 tests. Not only do we explain the possible topics to be familiar with, but we also look in-depth into the components, the time to spend answering each section, and the relative weight of each response. So, in this presentation the focus is on test-taking strategy.  Excelling in IB Economics - even when familiar with the theory - necessitates being acquainted with the exams' requirements, timing oneself during the assessment, as well as executing a successful strategy in the completion of each examination component. Download the P...

This is the second presentation from our Economics class. It provides assessment advice regarding doing well in the class, as well as on the IB Exams in Economics. Some of the topics covered are how to prepare for the class, the IB exams and the Internal Assessment.  Paper 1, Paper 2 and Paper3 are different types of exams and students learn about their format and the respective requirements. Additionally, all pupils are expected to prepare an Economics commentary portfolio on three different Economics topics from three different sections of the textbook. The presentation outlines what should be included in those commentaries.  Doing well on the IB exams necessitates not only mastering the Economics theory, but also becoming familiar with the exams' requirements and developing a successful strategy in dealing with each and every one of the examination components. Download the Presentation: Assessment Advice Sign up for FREE IB Economics presentations Find out more ab...

This is the first presentation from our Economics class. It lays out the foundations of Economics, including some key terms, such as scarcity, opportunity cost and utility. The lesson also features a discussion on the factors of production, an illustration of the Production Possibilities Curve and a simplified model of the economy. Download the Presentation: The Foundations of Economics Sign up for FREE IB Economics presentations Find out more about current Economics issues related to our course