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Found 722 results

  1. Hey, Im currently in Grade 11 and we've just been introduced to our EE and I've decided I wanted to do mine in Economics even though humanities essays are considered more difficult. I need to make a proposal to my economics teacher by this week since he's very sought after and teaches two subjects so if anyone could let me know whether my idea is suitable it would be much appreciated. Basically, in my essay I wanted to talk about Brexit and the fall of the pound as a result of this and I wanted to link it to either Income of British expats in Abu Dhabi (local context) however i thought that this might've been too specific even though its easy to get primary data on since I'm exposed to many professional British Nationals. I could talk about sending money back home and for retirement accounts and how the fall of the pound effects this. My other idea was how the fall of the pound effects the tourism industry in Abu Dhabi since a lot of British citizens come visit Abu Dhabi, however I thought for the secondary data it would be very hard to isolate just British citizens. In this option, I could talk about how British nationals spend more since the weak pound give them the luxury to do so but again I thought this might seem to be too weak of a link and be considered a stretch by the IB. My general layout for the EE would be first talking about the economic theory of exchange rate and purchasing power parity and then Brexit and talk about how mainly that and other factors contributed to the depreciation of the exchange rate of the pound. Then from there I would either talk about the tourism industry or the effects on income of British Expats. BTW, sorry this is a really rough overview since we only got introduced to the EE two days ago but i believe my econ teacher will be very helpful and i need him as my supervisor as soon as possible. Please let me know if you think this would be appropriate for an EE or if you have any other ideas about what I could link the fall of the pound to. Thanks in Advance !!
  2. yess

    Evaluation.pdf

    Version 1.0.0

    0 downloads

    Evaluation.pdf evaluation answers guidance
  3. Version 1.0.0

    1 download

    economics test2 ch2 and 3, 2018.pdf
  4. My IA for macroeconomics is about inflation but the solution that the article states is redenomination, which is not in the topic of economics. Is it alright if I evaluate redenomination in a macroeconomics IA?
  5. Hi everyone! I am currently writing an Econ Extended Essay aiming to determine the market structure of the coffee shop industry in my local area. Now, I have gathered lots of pricing data and I found out that all firms charge pretty similar prices, however one firm is charging a significantly lower price than all other firms. How could I explain these findings using economic theory? Best, Nico
  6. I am writing my EE on the negative effect of the US-China trade war on Apple, and I'm just wondering if anyone else has similar topics and I'd love to know how your EEs are going and help out with issues!
  7. I’m choosing my subjects next March and I don’t know if it makes any sense for me to take business management HL AND economics HL. I know that economic is relatively easy so I’ll probably get a high grade and i’m Really good at business management in IGCSE. I really don’t know which HL I hefts to take and therefore economics HL or theatre HL are my only options. PLEASE HELP!!
  8. Hello, thanks in advance for your answer. My friend has a very high probability of repeating one year. Under what conditions does a person stay in the second year in ib (11 grade) ? If in the first term (grade 11) the student receives 1,2,2,7,5,6. And in the third term (grade 11 ) he has 7,6,7,3,2,4 + A (TOK) will my friend have repeat a grade ? (Retention one year ) (CAS has done ) My friend is very nervous about this, but I don't know anything about falling conditions in ib. Thank you 😊
  9. Please help me with my international economics IA. This is my article. https://www.straitstimes.com/asia/se-asia/philippine-central-bank-says-ready-to-rein-in-peso-volatility I'm not sure what exchange rate system the Philippine government is currently using. And I don't understand this bit "Espenilla said the peso's movements were market-driven, adding that the currency continued to draw support from the country's healthy macroeconomic fundamentals." Please explain the article to me. Thank you, people.
  10. 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?
  11. Dear IB survival community, I am currently planning my Economics EE. I chose to investigate the market structure of my local coffee shop industry. I think this is a topic which allows for lots of primary research, however, I definitely want to include some relevant secondary sources in my essay as well. My supervisor has told me to look into economic books that deal with market structure analysis. Does anyone have any suggestions for that matter? Or any other useful tips or resources I could use for my essay?
  12. The EE question I came up with was "To what extent is the market for airplane travel from Lisbon to Porto a contestable market?". Contestable markets is an economic theory invented in the early 1980s, that differs from the classical ones, and suggests that an oligopolistic or monopolistic market will provide at the productively efficient price, not the maximising MC = MR, because of the constant threat of new entrants taking way their market share. Airlines generally are an example, but it depends on the barriers to entry. This topic seems very interesting, and I have a lot of sources, but "Contestable markets" is not a topic in IB economics. Is it still ok to do this topic then? It's weird because my teacher said I can't, but I've found extended essay reports that have research questions that go outside the syllabus, including some about contestable markets. Can anyone tell me what the IB EE policy for this is? Thanks in advance Btw this is a repost
  13. Hi, I am currently doing my extended essay on Economics and my intended RQ is To what extent does the food delivery platform industry has impacted the demand for dine-in service to restaurants of different price levels in X. I have been struggling in the introduction for two months I still do not know what exactly the direction that I am supposed to be doing. I am still not sure about the RQ.
  14. Hey everyone, I'm currently writing my economics commentary and have to hand in the draft after this weekend, and I just feel very lost with the structure and connecting things to each other, like the diagrams. If anyone could give me some tips I would be extremely grateful.
  15. Hey all, kinda new here, will start taking the full diploma next year, planning on going into engineering, wondering which of the three courses(B&M or Eco or Enviormental Systems and Societies) would be the most beneficial to take at SL. Thanks all!
  16. I'm joining IB in April and I've take the following subjects- HL-English, Economics and History SL-ESS, Maths Applications and Interpretations, French ab inito. My school is telling me that I can't take both economics and history as subjects as they clash in the school's time table. Hence, I have been told to opt out of either one and take psychology HL instead. I want to study International Relations in the US and then go to law school so what do you suggest I do; should I leave econ or history ? I've heard econ is easy to score in and hist requires a lot of hard work and commitment however I am ready to take up that challenge and I love history. But what is more important for International Relations? Econ or Hist? I'm so heartbroken because I have zero interest in psychology and I will have to study it. And my actual HL combinations were killers for uni. I don't know what to do now.
  17. Lukario

    Demand Notes

    Version 1.0.0

    2 downloads

    DEMAND NOTES, INTRO TO MICROECONOMICS.
  18. I'm planning to do Economics at the UK for uni and was wondering which HL would be better for me, psych or history HL? My other subjects: HL - Math, Economics SL - Biology, Eng Lang Lit, French ab initio Thanks in advance!
  19. Can anyone suggest me a maths sl ia topic related to economics? I wanted to do it on te game theory but my teachers telling me that its an hl level ia and I won't be able to do it. I want to do my maths ia on eco
  20. Soon it’s time for the to choose subject for EE. I would like to hear your advice. In the future my goal would be to study Business. However, I’m not doing EE on Economics as I think I have enough studying in it with all the IA’s. Psychology is one possible, like doing topic eg ”psychology in business / negotiation” but I’m not sure whether it will benefit me enough, as it’s mostly about theories and studies in Psychology. English would be the last option. I heard it would be easy to get good grade, am I right? I’m good at analyzing stuff, but the question is about what topic I would choose in English. Eventually, are US/UK universities interested in what my EE topic/subject was? Is there anyone who has done EE in psychology, is it mostly studies/theories based?
  21. a) Using diagrams, explain how a change in one of the determinants of demand might increase the price of rice and how a change in one of the determinants of supply might decrease the price of rice. This is the part a) question my tutor gave me and I don't get it. Please help xx.
  22. Version 1.0.0

    2 downloads

    Some notes that I took about taxation and subsidies implemented by the government.
  23. Version 1.0.0

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    This is market failure notes that I made by myself. I got a 7 in econs HL for my school paper and my school is notorious for setting difficult papers so these notes should be good enough.
  24. Jusd

    Economics EE

    Hey! I was thinking about writing my economics extended essay about the market of vegan products. Is it a good decision? My topic would be 'How does the growing popularity of veganism affect the market of vegan products in my country?' Is this a good topic for economics ee or would you advise something else? Or maybe you have any advice in general? Thanks for your help!
  25. Commentary: One of the world’s most important jobs has put the U.S. in great danger by increasing national debt, causing unemployment to be at its lowest, and increasing interest rates. Despite the tax cuts, Trump has increased his import and export tariff expenses causing multiple debt situations. According to this article, this debt is caused by poor decision making from the president and minor setbacks that cause major debt. Analysis: Under President Donald Trump’s administration, the United States government debt has grown faster than any other former president’s administration. Since 2012, the national debt has grown over $5 trillion, from $16.7 trillion in 2013 to $21.9 trillion in 2018! By the end of Trump’s term it is expected the debt will increase by another $4.4 trillion. The national debt has grown by 6.6 percent since Trump took office in 2017. Much of this was accrued during Trump’s first year in office. Despite unemployment rates being at their lowest and a booming economy, this is the fastest growing rate of the national debt in our country’s lifetime. The irony is one of his platform points was he would reduce the national debt. His defense is we haven’t yet felt the impact of the corporate tax cut, which was supposed to open opportunities for corporations to invest money in the US and boost our economy. The government sets the value of the dollar and the base interest rate. When the national debt increases, the interest rates increase, and the higher the interest rate, the more consumer debt is incurred. This is good for the government because when they have higher interest rates on the consumers, the more other countries invest in our country. Other countries want to invest at this point because they get a higher return on investment. For example, if the interest rate increases, the demand for homes decreases since the monthly payments will be higher so the price of homes would go down [Graph 1]. As a result, the supply for furniture would decrease and the price of furniture would increase because there will be low demands for homes [Graph 2].This exemplifies of how national debt can cause problems so small that can affect the economy. Graphs Graph 1 When the Demand for houses decreases, prices will also decrease for houses Graph 2 When the supply for furniture will decrease but the price for furniture will increase Unemployment Rates- The percentage of unemployed workers in the total labor force. Interest Rates- The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding. Investment- purchase of goods that are not consumed today but are used in the future to create wealth. Evaluation In the long run, the interest rates are increasing so people spend less amounts of money on products and, the supply along with unemployment, increases at a impactful rate which causes a recession. The national debt will increase because with higher interest rates job wages will increase. In the short run, since the interest rates are going up many people will decide to use substitute goods, and stop buying stock and complementary goods. The national debt will still be active because the small issues like the wall building for example only causing an increase in more debt on subsidies or government spendings. https://www.bloomberg.com/news/articles/2018-12-12/u-s-debt-under-trump-has-swelled-by-size-of-brazil-s-economy
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