Economics and Business & Management
For general discussion and discussion relating to Economics. Please use the relevant subform for discussion of Business & Management.
1,510 topics in this forum
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Hello IB economists! I just made an app that includes comprehensive notes for the post-2013 examinations IB Economics syllabus (currently only supporting all SL topics). The app has detailed notes with corresponding diagrams for all topics (micro, macro, international, and development) and are made perfectly according to subtopics of the syllabus! I will soon upload some example responses marked by my Oxford teacher along with three of my internal assessments that were marked 44/45 overall. The link to the app is https://play.google.com/store/apps/details?id=economics.ib&hl=en. Feel free to check it out! Happy revising! :')
Last reply by Michelle13tham, -
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Just got the case study from my teacher this morning..... Overall it seems so different from the previous ones. Let us discuss possible concepts that may appear in exams! PS: Dont know if it is appropirate, if not.. please delete this thread.
Last reply by kim luffy, -
B&M HL or Eco HL? 1 2 3
by FahaD- 42 replies
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im looking at a career in business, my school offers both B&M and Eco, so is B&M HL worth it?? -since unis don't really care if you take it or not- or should i take both eco and B&M??? and is it virtually impossible to get a 7 in eco?!?! may 2010 candidate
Last reply by Magician, -
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Hi everyone, I'm new to the forum and will begin my IB diploma program next year. If I would like to study business in university should I consider choosing Business Management HL or Economics HL? Will I learn the same things in university if I took Business Management? Thanks.
Last reply by The Rainbow Connection, -
Hey all I am uploading the Case Study for Paper 1 We have to prepare ourselves on this thoroughly Even if you could suggest the questions which are likely to appear. PAPER 1 - case study 2011.pdf
Last reply by kim luffy, -
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Even though there are several guides here on IBS on how to write the Evaluation in Economics Internal Assessment I thought I could add this to it! There is a very useful acronym that can be used for evaluating in Economics IAs called CLASPP. Under is the explanation of the different letters and what you should aim at doing in the evaluation and the individual points/letters. (d.) — A clasp is something that holds things together. But (spelled with 2 P’s) it’s also an acronym for the 6 types of evaluation in IB Economics. Try to do all 6 parts. Conclusions What can we conclude from the theory (that you’ve explained in your analysis)? Long-term and short-term effec…
Last reply by examfighter, -
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NOTE: This thread was written based on the syllabus for exams in 2012. A lot of this stuff is still useful for the 2013 syllabus though Ready to own economics? Alright, here we go! We’ll tackle this paper part by part. For paper 1, you will always have a choice of 4 questions. Each question has 2 parts, part A and part B. Each question usually relates to a specific section of the syllabus. For example, there could a question about price ceilings from microeconomics, a question about unemployment from macroeconomics, and so on. And you just have to choose ONE out of the four! So, it makes sense to pick the easiest question! Pick the question that you are most knowledgea…
Last reply by examfighter, -
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Here are the links to the notes and sample works for B&M and Economics that we have on our Files archive. To be able to download files, you have to be a VIP member or a VIP subscriber. Please see the FAQ for information on how to become a VIP or how to buy a VIP subscription. If you want to donate and contribute files to our archive, please see this announcement or this FAQ section. Business and Management Notes Sample Internal Assessments Economics Notes Sample Internal Assessments
Last reply by Survival Robot, -
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Ladies and Gentlemen, After snooping around in the Economics section of this board and using the search tool, I couldn't seem to find any links to internet sites, where you can read economics articles and possibly find one that suits a prospective commentary. So I came up with this idea that we can link websites that normally have relatively good articles to each other, so people can read them on a daily basis and eventually find some articles for their furture commentaries. I don't know if this will work out, but it's worth giving a try. Google News is a great source! It is updated like every 5th minutes and in the search box you can for instance search wine demand/pork …
Last reply by SamirAliyev, -
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What is an IA? An internal Assessment in Economics is a written commentary based on an economics article that you have chosen. The article you choose should allow you to explain and analyze economic events. For Economics SL, your IA represents 25% of your total IB score for Economics. For Economics HL, your IA represents 20% of your total IB score for Economics. How it is assessed: There are 5 IB Criteria on which your commentary will be assessed: A - word limit+ IAs cover more than 3 sections of syllabus. [2 marks] B - 4 different sources + appropriate use of diagrams. [4 marks] C - Economic terms are used and are defined correctly. [5 marks] D - Theory explained an…
Last reply by Magician, -
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Last reply by RedLex, -
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Hi, In the IA guide I've been given, it's stated that the articles we choose absolutely must be from a newspaper. I had chosen one from NPR. Have you ever heard of that rule? Do you think NPR would be okay? Thanks.
Last reply by Black Bird Lockheed, -
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In the syllabus there are some topics (for example, 3.4) that are 'SOME HL only'. What's that? How can we know if that's our case? We're HL, but... Note: the teacher an IB coordinator know nothing about it.
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Hey guys, I've read the "guidelines, rules" to what I could get help with and what I could not, but I'm not exactly sure yet (New member ) So I hope that someone will be able to help out or at least provide some feedback to what I'm about to post! If I'm doing anything wrong in terms of the forums posting rules and such please do tell Anyways, I am working on my business an management IA (SL) about a Danish private sector company. The company has been experiencing financial loses, since 2011, and therefor in 2013 became very invested in a specific strategy (in order to get out of the financial hole ), In which they began focusing on: · - Strengthening the …
Last reply by Scooby, -
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Hi, I'm starting with my B&M IA, and I want to know what do you think about my RQ, If it is narrow enough, and which of them is the most appropriate. RQ: Should XYZ SA invest in the improvement of their promotional mix with the aim of rising their sales? or Should the promotional mix from XYZ SA be improved in order to rise their sales? In both cases I want to apply the same analytical techniques, On the other hand, which research method do you think is the best for those RQs, because I'm considering using the observation for their cashflow and more or less just that, because I don´t consider an interview with the manager could give me the information that I need.
Last reply by Chicken_Jose, -
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I am beginnin to look for the articles for my commentry... Can anyone suggest what sort of topic i need to go with???
Last reply by Julieee, -
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Hello, I'm currently working on my third economics IA on international economics but I encountered some problems with graphing. I want to illustrate the effect of change from per unit tariff to Ad valorem tariff but I'm not sure how to graph the diagrams? Does anyone know how to distinguish 'per unit tariff diagram' from 'Ad valorem tariff diagram'? Thank you so much in advance!
Last reply by King112, -
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Hello! My reasearch question is: "How can students’ satisfaction be improved at the International High School of the Gothenburg Region (IHGR)?" I wil use SWOT Analysis and 7Ps marketing mix. I am trying to start doing a questionnaire, but I must admit.. I'm stuck. Would u be so kind and tell me what questions you would put in the questionnaire? Thanks in advance.
Last reply by elo11, -
Economics [REQUEST] Markscheme for Economics SL November 2012 Paper 1 TZ1 & TZ2
by Guest Incinerator- 1 reply
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Hey guys, I really need the markscheme for the Economics SL November 2012 papers TZ1 & TZ2. I would really appreciate it! Thanks, Alain
Last reply by maroctam, -
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I really need to ace these two papers, as my score will otherwise be very badly affected by this year's physics strangely hard papers. I'be never been specially clever or interested in this subject. However, my teacher many times qualified my answers and strategy choice as "insightful". I don't think she really has that much experience and my school has never got a single 7 since the subject started to be taught. Yet, my IA got 22 marks according to my teacher's marking, and since it was not chosen for moderation, I'd say it's going to be pretty much the same. I've realized from past papers that the finance questions really make a difference in both papers, as you…
Last reply by Andrew, -
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If I'm writing a commentary on section 2, does it have to cover all the topics? The thing is that basically I am writing about oil price/demand changes, and probably won't manage to include market failure. Does it mean I should search for another article connected to market failure?
Last reply by File, -
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With reference to one or two organization that you have studied, discuss how marketing strategies may differ in two cultures you are familiar with? Need help with how to answer
Last reply by James Harkness, -
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Does anyone have 2015 Economics papers? I will be willing to trade other resources like textbooks (Pearson, Cambridge, Oxford), worksheets, Questionbanks.
Last reply by King112, -
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In the Economics Paper 2, there are 4 articles and 4 long questions; should I try to read through both the articles and the questions completely during the five minutes reading time? I'm unsure that this is enough time. Should I just read the questions?
Last reply by KatR, -
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Hey everyone, So long story short I was originally in Econ SL, moved to HL and never got to studying/properly understanding Theory of the Firm from Micro. Now I know that its a pretty big section and important but my question can I still get a 7 without studying it but studying everyhing else (including the other HL Topics)? My teacher says no but I think its possible because Paper 1 and 2 are very nicely divided with questions from all sections and in Paper 3 I would just have to manoevre my technique so to say. I have a high 6 on my IAs and have been getting low 6s on practice papers with no knowledge of Theory of the Firm. So is a 7 still possible by studying everythin…
Last reply by Matthew Sinclair, -
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I'm just getting started on my second commentary on development economics, however I haven't got a clue as to what type of article I should be looking for! I know that it should include certain aspects that I can link to the syllabus and all, but I'm afraid that it will end up being no more than a summary of the section! Has anyone got an example of a good article or a commentary illustrating how I should approach the task?
Last reply by Keel, -
A good Econ commentary article ?
by Guest- 0 replies
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http://www.ft.com/cms/s/0/4a83b09e-811c-11e4-896c-00144feabdc0.html#axzz3TiglSnYD Any comment if it is a good commentary which provides room for argument and analysis?
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http://www.ft.com/cm...l#axzz3TiglSnYD Any comment if it is a good commentary which provides room for argument and analysis?
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"Economics in your life" is a nesletter which could help you to understand global economics and prepare for economics ib exam. It is created by students from Lithuania, Siauliai Didzdvaris IB school and the teacher Jerome Nugent-Smith. To download that economics newsletter follow this link: [url="http://www.ecoinyourlife.lt/en.html"]http://www.ecoinyourlife.lt/en.html[/url]
Last reply by Zefar, -
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I'm writing this because of my EE, but I thought it was more appropriate to write this topic here with it being about Economics and all Does anybody know a good, reliable site with economics definitions and such that I could possibly quote on my EE (and other stuff like commentaries or my homework as well, if necessary at all)? Not including Wikipedia, of course. I've been scared to quote any internet sites at all because I wasn't sure if they could be seen as reliable (by the markers), so I've been quoting my textbook only But my TB doesn't have definitions of some words that I wanna use, and I don't really wanna be seen as being a lazy bum, without doing enough…
Last reply by prv9450, -
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Hey guys, My teachers directed me to this great YouTube channel that focuses on IB eco. I am finding it really helpful Hope it helps everyone in their studies, and just to note, this is a genuine recommendation as I have found it is a great resource. https://www.youtube.com/channel/UCAgqv4n_23LscxFoN-EXoRg Thanks, I hope it helps
Last reply by TheMountainGoat, -
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Let's say professor Snape is about to cast a terrible spell on all students of Hogwarts. Let's say that Harry know that professor Snape wants to cast this terrible spell on many students at Hogwarts. This spell will make them sick. Very sick. Now, Harry wants to have as many pots of magic liquid as possible, in order to be ready for this spell, so that he can then cure all the infected students with this magic liquid. When Snape casts the spell, he wants to be ready to cure everyone. However! There is not enough pots of magic liquid being made, therefore there must be a market failure because the society (Hogwarts students) will need a lot more magic pots than is being pr…
Last reply by Keel, -
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Found this online; Teacher support for economics internal assessment... "Focus Three out of the four commentaries must have as their main focus a different section of the syllabus, although it is acceptable for commentaries to make reference to other sections. The fourth commentary can focus either on a single section of the syllabus or can focus on two or more sections." "Three out of the four commentaries must have a different section of the syllabus as their main focus. However, it is acceptable for commentaries to make references to other sections." Anyways! What I am completely confused about is whether the fourth IA can focus on a section that has already been…
Last reply by Summer Glau, -
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I have been struggling with the entire subject the whole year, but I am tired of this, this first draft will be so good that there will not be any neccessity to improve it as it counts for the homework and the final year project, and I think that if I manage to get a nice sample, my work will be excellent. One last thing, no, my teacher didn't want to provide us with any sample, not even a draft :'(
Last reply by El-W0, -
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hey guys is it appropriate to start BM IA research question with "HOW CAN" like "how can company X ...............?" my teacher said that my points will be deducted if i start the question with how can.. i don't understand.... is it really so??
Last reply by deissi, -
The IBO has announced that section C in paper 2 is removed for both N22 and M22. (the CUEGIS question one) Does this mean we don't have to care anything about change, culture, ethics, globalisation, innovation, and strategy anymore? Because we don't have that essay anymore? Or do we still need to apply these concepts to other content? I'm just wondering if it's fine to skip this concept in the textbook. (because you know there are always descriptions about CUEGIS concepts at the end of the chapter but if it's fine to completely not study that for the exam then I won't waste time.) Does anyone know about this?
Last reply by ZBSA, -
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A decrease in inflation = decrease in price. Deflation = decrease in price. Does this mean that a decrease in inflation is the same as deflation? What would be the effect of decreasing the bank's interest rate on inflation?
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For my IA article, I was going to state a solution to rising peanut prices. (a price ceiling). This would protect consumers and blah blah blah, all that "evaluation". However, while researching Government Intervention I discovered that agriculture prices are usually fixed by price floors NOT price ceilings. So because of this I'm a bit confused on which price control would be used in a situation like this. Here's the article: http://www.huffingto..._n_1116022.html
Last reply by Madhavi, -
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Do you think these research questions below can work in SL Business IA? Do you have any advice? - How does Apple deal with the new market of 5G against other competitors? - How should Apple deal with the new market of 5G against other competitors? - Should Apple prioritise using their financial sources for the 5G product development rather than the 4G product development?
Last reply by mylifeisib, -
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Hello guys i hope you are doing well, so I'm taking business hl class and econ sl but i don't do well in both classes. in econ it's kind of fine but not because I understand the lessons i just learn them word by word but i want to understand them and in Business it's really bad i do understand the basic but it's not much so if you have some tips or any resources please share them it'll be helpful.
Last reply by laurxine0_0, -
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Hi guys, For my macroeconomics IA I found an article about the Japanese government's attempt to increase inflation through raising the minimum wage (I've attached the article). Would it advisable to analyse this economic proposal from both monetarist and Keynesian points of view, or to just choose one view and stick with it? Thank you! high wage japan.pdf
Last reply by Annesant98, -
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I found an article that will make the short term aggregate supply shift backwards because of the weather in Mexico. Some oil rigs will be closed. I want some points to discuss in my commentary. What definitions beside SRAS should I define. Like what are my evaluations will be... short term, vs long term Stakeholders is easy but any points will be appreciated. And it will be closed for couple of weeks. So do I have to discuss LRAS How would you layout your commentary for something like this. Any help or advice will be appreciated.
Last reply by Internationalbaccawhat, -
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Yo guys im really stuck ...i handed in my final economics comentary in december, but my teacher said it was about the wrong topic in relation to the article, so now i have to write a new MICROECONOMIC topic for TOMORROW!!!!! God i cant find a decent microeconomic article...maybe someone can help me use a microeconomic article and maybe tell me under wat section it is... thanks a lot that would be nice
Last reply by fastlight, -
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Title is pretty self explanatory I will also be doing Paper 3 Exercises from the IB Skills and Practices book (published by Oxford). It's a dark blue book just to be specific The IB Economics Course Companion I'm referring to is the blue one written by Jocelyn Blink and Ian Dorton
Last reply by Black Bird Lockheed, -
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This is a part a) question from 2013 specimen paper. I know the different methods output, expenditure and income but how would I analyze them?
Last reply by YellowSpider, -
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Hello! I'm an IB student taking Business and Management SL, which is the subject i chose for my EE. my question's just another frequently asked question.. Is my research question general or specific enough and appropriate for the EE? Can I write 4000 words with this question? This is the question: To what extent has the external environment affected Chinese Restaurant's decision to advance into the banquet hall market? I'm planning to use a PEST analysis, Ansoff's matrix, and talk about change of management in my analysis. Chinese Restaurant is a private limited company whose owner i am closely acquainted with, so background data won't be a problem. I'm into my introducti…
Last reply by Landin, -
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Hey all, I'm writing my international economics commentary on the following article: http://uk.news.yahoo.com/argentina-calls-eu-biodiesel-tariffs-173037026.html#f0fsixB My teacher already accepted the article already, so I have to write it on this one. But now I am confused, which theory I should use as "problem" and which one as "solution"? I would assume it would be suitable for this article to see the protectionist measures as the "problem" but what should then be the "solution" theory? Thanks a lot for your help!
Last reply by by.andrew, -
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Should the answers be point-wise with some explanation for each point or in paragraph form? Plus, I always end up having time constraints while attempting the last few 10 marks because I spend too much time writing those initial 8-mark questions. Is there some minimum amount of points that would suffice and still get me full marks?
Last reply by mesadoc, -
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Is there any strategy/advice for answering these questions? What should you always include? For the evaluation question, what is the best way to evaluate, is there a firm structure you can hold on to?
Last reply by RA_GOKU#DBZ, -
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I'm having trouble finding a good article for the Eco IA... I tried typing some key words on google news, but the articles I found turned out to be too simple, that there's nothing much to analyse... Can anyone please help me find a good article on Demand&Supply? I have no idea what a good article is supposed to look like. Thankyou very much!
Last reply by Wide Eyed Wanderer,