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King112

IBS Alumni
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King112 last won the day on August 16

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365 Master of the IBS Masters

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About King112

  • Rank
    I'm Old.

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  • Gender
    Male
  • Exams
    May 2016
  • Country
    Australia

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  1. King112

    ECON STUDENTS HELP ME PLEASE

    Its quite interesting actually. So first up, Stagflation = AS shifting in, thus raising inflation and unemployment. He proposes to lower interest rates to facilitate AS back in [using exp mon pol]. The effects are ambiguous however, as AD is affected by interest rate as well. Thats a crash course.
  2. Ahhhhh Well not sure how that'll work sorry. Thanks for clearing it up Kw
  3. https://www.ibo.org/globalassets/publications/become-an-ib-school/dp-general-regulations-en.pdf Page 6 onwards details what you need to get the diploma. I don't think you can take the Queensland exam in place of the Math HL/SL exam.
  4. King112

    Maths Studies for medicine

    Melbourne Uni medicine is a post grad course. You can't get into Biomed with math studies, and similarly, even if you get into an Arts or another program, you won't be able to get the courses (such as statistics) you need. So at the very least you need math SL for Melbourne Uni. I don't know about UNSW, but you can check their website
  5. So here's the thing. if you don't do math SL you won't get your IB diploma. You'll get certificates. I'm not sure if unis would accept that. I reckon your best bet would be to stick with math sl and work hard on it.
  6. King112

    Do Australian Universities like IB?

    Depends. Generally it can be "easier" for IB students (conversion is massively skewed in your favor). I study at an Aussie uni and I did IB so I don't think they hate it (and most of them accept IB scores). So I reckon you'll be alright mate.
  7. King112

    Keynesian economics

    OK so a lot of questions but here goes [Just FYI, I don't have time to sketch a graph so I'm hoping I interpreted your questions right]: a) You now that because you're not at the Long Run level of output. Therefore you can have more production. The way I think of this generally think of it is like this: I have a factory that can produce 10 goods. At present, I'm just producing 6. So I can produce 4 more and therefore, my Long Run level is 10. b) You really can't know for certain from most articles, but a good way is to see what's driving the inflation/deflation. So, for example, lets say the US raises government spending. This drives AD out (assuming it was in the LREQ). So essentially make a judgement call. c) Yes it can be in the middle. The characteristics are that inflation > previous inflation and output>previous output (assuming AD to the left). Opposite if AD to right. An easy way to get this is make a rough sketch, and see where inflation and output are relative to where they were previously. d) Wages are sticky because if I lower wages, my employees go to work in another place. So they can only go upwards. Generally this is in oligopolies. Generally can't be upward sticky because you can't really lower wages, so they have to rise. Hope this helps. Please let me know if any of the things I said don't answer your question/I misunderstood it.
  8. King112

    ECONOMICS IA’S

    Hey, So essentially, you want to apply what you learn in theory to real life. This is how it goes: (A) Find an article on part of the course (eg: microeconomics could be an article on bad rains reduce supply of corn; trade could be Trump's tariffs etc) (B) Analyse said article. You want to define a few terms in the intro and set up what happened (ver very concisely). Then its like a part B. Draw your graphs and explain them. Use quotes from the text to show your point. (C) Write a conclusion summing up your key points. (D) Make sure it's in the word limit. IDK if it has changed from my time, but run a word count a few times. Also, don't forget there are rules regarding chart titles etc. I'm not sure exactly what they are but if you're above those limits it comes into your word count. Done. Hope this helps
  9. Hey I just glanced over the website and 300K seems right. Roughly 60K a year times 5 is 300. Med school is an expensive option. If you take the undergrad then MD program you'd run up similar costs (arguably higher). All the best.
  10. King112

    Economics HL definitions struggle

    Hey Well, first up, you need to figure out where does the issue lie. Are you struggling with concepts because there is an issue with the very basic concepts or the later ones. Once that is identified, if I were you, I would write up model part (a) answers and have your teacher look over them. This should help you start to create a level of understanding of what's going on. Alternatively, if you really "get" the math, try to break down the formula. What is it trying to say? Largely (from what I remember), IB econ math is very close to the theory; and therefore you can certainly reverse engineer your understanding. Hope this helps.
  11. King112

    Advice for Business/Econ uni

    Hey So at my uni (i major in economics) B&M is not needed, nor is math HL needed. I don't think Economics HL is needed either. I think the best bet for you is to figure out which unis you like because the requirements tend to ping pong a bit (EG: London School of Economics needs HL math). Best of luck
  12. Hey. Unfortunately, it's never a certainty. You certainly stand a good shot with a 44; however American universities often look at other things, such as your essays, extra-curriculars and recommend letters very heavily. So sadly, I don't think anyone can say "yes you're going to get in with a 44". I would urge you to of course have top grades, but also to try to build your list of extra curics and talk to teachers to get great recs in Best of luck!
  13. King112

    Potential Career Paths?

    Hey there! Well, if I'm honest with you, it's tricky deciding what you want to do! First up, before anything else, I highly urge you to reconsider your HLs as Math, Physics, Chem HL is a lot of work. Also, just so you know, your career choices are more influenced by Uni (which is affected to some extent by high school), so I wouldn't sweat it too much. However, for now, let's assume you stay with this choice. You have a lot of options of what you can do/study. Certainly teaching mathematics is an option. Here, it would depend on whether you want to teach High School students or university students. Generally (and there are exceptions), high school teachers do not have PhDs; and arguably most don't have masters (depending on the country, state etc etc). For university, you certainly need a PhD. So you can consider that. In terms of other options, you're quite free honestly. At university, you could study (and this isn't a comprehensive list): Economics, finance, engineering (such as aerospace, chemical or electrical to name a few). And then career paths are strange depending on the major you choose. A few paths that I can think off the top of my head are: Engineering, Consulting, Finance (investment banking, hedge funds etc), Weapons development, automobile design. Tl;DR: There are plenty of options for you to choose from. Hope this helps
  14. It depends on what you want to study mate. Most Unis let you work with Math SL etc. The Chancellor programme is a scholarship program; it is seperate from the course you want (BComm, BA etc etc) Hope it helps
  15. King112

    Need serious help

    It depends what you want to study mate. After you decide that, you can take a look at the uni requirements for the subject and adjust accordingly. Best of luck
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