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Found 689 results

  1. Hi everyone, I am currently doing Math HL, Physics HL, Chemistry HL and Economics HL. I need to drop one as soon as possible so that the content that I am missing in the SL class does not affect me. I have decided that I want to keep Chemistry and Physics HL, I need to choose between Math and Econ to drop. I want to be an astronomer or an astrophysicist. Economics would be the odd one out of the four as I do not really need it for my future career. I know that I need math the most and I really like it, iI find it really interesting and I am good at it. But two of the recent math teachers that I've had say that if I try really hard I could possibly get a 5 on the exams for Math HL, while in Math SL I would easily get a 7. And my econ teacher said that I would get a 6 minimum in the exams. I need to choose as soon as possible. So any thoughts on the topic would be really helpful.
  2. How can you show that there is too little or not enough inflation in an economy with a Keynesian diagram? Say, for example, that a government wanted to have a 3% inflation rate, but currently has only a 0.5% inflation rate. How would you illustrate the initial problem (the 0.5% inflation rate) in a Keynesian diagram?
  3. Say you have a Keynesian diagram showing a recessionary gap where actual output is less than potential output, and aggregate demand is on the left of the full employment level of output (Yfe). If AD increases and shifts to the right, but does not reach the full employment level of output, and the price level (PL) increases, and the new AD curve is still on the left side of Yfe, would the increase in PL be called 'inflation'? How do you know whether there is spare capacity in an economy? When reading an article, how do you know whether aggregate demand is in the spare capacity section? Can AD be somewhere in the middle - in between completely spare capacity and full capacity? What are the characteristics of this section? Why are prices and wages sticky/inflexible? Can they be upwardly sticky/inflexible?
  4. Hello everyone, I am currently in my first year and I am taking IB Economics HL. Four weeks in, I have identified that I would like to work hard and get a 7 in this class. The way my teacher is teaching the class is for us to take notes of what is being explained during class, and then to read the textbook section of the same material, taking notes on that as well. Due to this I have put a line down every page in my notebook, with the left side for class notes and the right side for textbook notes. This leads to one of my questions: Should I compile these two sections of notes on my computer into one piece (in note format [Evernote?]), make them into flashcards, or just leave them in my notebook as is for later revision? Also, do any of you have any other tips/advice for the course? Any help would be appreciated. Thanks!
  5. Hello, what subject choices would be more acceptable for a business major in a competitive/elite university in the US(Ivy's) or the UK My current subjects: HL: English Literature, Business Management, Biology SL: Math Standard, Language Acquisition B Indonesian, Economics Should I change it to: HL: English Literature, Business Management, Math SL: Environmental Societies and Systems (ESS), Language Acquisition B Indonesian, Economics *my school doesn't offer economics HL, and math HL isn't really mandatory for business, but biology HL isn't either, and both are rigorous subjects. Should I stay in biology even though I don't need it (does it make me more competitive?) or take up Math HL and ESS?
  6. so im an sl student and im working on my macro ia. i wanted to know if this is a good article? http://www.xinhuanet.com/english/2018-10/07/c_137516843.htm pls let me know if its good and any points you may have.
  7. Hi, guys. My EE topic due date is like literally tomorrow, so I really need major suggestions by people. (I have ideas below.) I'm taking English A SL, but I'm considering to take Category 3 English Extended Essay. Are there any other people who are in the same situation as me? Taking English EE but it's not their HL subject? I approached and talked to my English teacher / English Supervisor today and like they kinda don't recommend me to do it because my English language proficiency need to be Very high, especially when the markers are Native English speakers, so they'd expect so highly in terms of the language use, etc... But, like my situation is so complicated. Actually my first choice is supposed to be Economics EE, but until now I haven't got any idea to link my interests (K-Pop) to an economic theory, and it's literally tomorrow... I mean I kinda have a rough RQ for that one, but I don't know if it uses a lot of economic theory... So, I still have to find one in case my English EE really gets rejected, but it's really tough when I can't think of an economic theory. But anyways, if I were to do an English EE, I wanted to analyse various songs by this particular Korean boy band (BTS) and how it reflects the conditions in Korea as well as how they have influenced the society in the world, which is through their lyrics. (I can tell you my exact RQ through PM.) I thought it was a good idea at first and I can personally envision myself enjoying when writing it (well at least compared to Econs) I think, plus my EE coordinator (which is also my EE Econs supervisor) strongly encourage students, encouraged me, to do an EE on something I'm passionate about. But, right now, I don't know if this is a good idea for an English EE anymore because my English EE supervisor wasn't convinced, like they have to see if my English proficiency is high enough (but I'm actually not quite confident in that, I just really like the topic that I've thought on), whether analysing songs would reach 4000 words, and whether the topic is good enough, etc. So I'm going here to hopefully be able to see people's thoughts on my situation. So, please, please, please help me, just throw in your thoughts or like anything, what do you guys think about it? Do you guys think it's not doable too? Thank you so much!
  8. Hi, does anyone happen to have any question banks related to economics? I've been trying to find one but have been unsuccessful. 🙏
  9. Hi guys, my EE sort of 'proposal' due date where we seriously consult to the EE supervisors and all that are next week's Wednesday, and honestly I'm still so so confused and I need help or just some suggestions or anything, please. Here are the subjects I am taking: Economics HL, Mathematics HL, Physics HL, Chemistry SL, English A SL, MandarinAB. So, since the start, I've always intended on taking Economics EE because from all my other subjects, it seemed impossible for me. (I've been getting rock bottom scores for Math and the school have no more supervisors for Physics). So, I've been researching a lot for like a few months now, but until now I've got nothing. Initially, I wanted to do about impact of K-Pop in Korea's economy, which would certainly interest me, but the Econs EE supervisor said to do something related to your country, and I'm an Indonesian. I've also searched about topics like tourism, transport, food, etc, but it's really hard for me to relate it to the economics concept especially when it's like about a particular brand like for example McD, etc. And lots of people say that it's leaning more towards Business, and I don't take Business. My economics EE supervisor has been chasing me and all that about topics topics and topics for Econs since he knows that I want to take it, but yesterday he talked to me and said that it's really important for everyone to do an EE on a topic that will surely interest us and something that you are passionate about. He kept on also encouraging the whole class to take a Language EE, like Indonesian B and the subject allows you to talk about a wide range of things like analysing songs, brochures, ads and all that, etc. So, I was quite persuaded by that and I really want to do on something about K-Pop. So, I noticed I could write about K-Pop on these language EEs, but the problem is I don't take Indonesian B and I don't take English A HL (I take A SL), so it would surely be a challenge for me. Even though Indonesian is my first language, I don't know if I could write well, but I really feel like I wanna do this you know, or maybe do English A EE. Another problem is, I don't know how I could relate the topic of K-Pop to these language EEs, can anyone maybe share me your thoughts on my issue please? I really need help. Thank you!!...
  10. I have to choose my EE subject and I'm thinking about Economics and Global Politics. I like both subjects equally and find them pretty much related to each other. I have to submit my choice next week and I still have no idea what to choose! What are the cons and pros for these two subjects? I was thinking maybe it is more difficult to do the research for Economics or am I wrong?
  11. 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 knowledgeable about and could write a lot about. So during your 5 minute reading time, this is what you should be doing. Read all the questions and think about which question you want to do. Usually people will really like one question and instantly know that they found their soul mate question. (OK, a bit of an exaggeration, but you get what I mean, right? Think through the different things you could say, the diagrams you could draw, etc. ) In the case that you are stuck between two (or more) questions, then think about part B. Remember that part B is more important since it is worth more marks (15 for part B vs 10 for part A). Which question do you think you would be able to best evaluate? Go for that question. Now that we got the basic structure down, let’s move on to the different parts of the question. Part A Part A of paper 1 always asks you to explain something. It is worth 10 marks. It may ask something like “Explain different factors that cause a change in the nation’s exchange rate.” So what do you do first? OMG HELP ME I’M GONNA FAIL I’M BLANKING OUT!!!! Right, remember to chill out before you start. You’ve prepared for this (or at least I hope you did), so don’t panic! Even if ideas don’t come to your head right away they will once you start writing! So take a deep breath before you start and relax your body. DEFINE any economic terms you see in the question! Show the examiners that you’re not confused by fancy-shmancy economics terms! Show them that you know what they are asking you. Plus you really should define them because you get marks for doing so So define any economic term you see in the question. Always include an example to back up your definition! Even if your definition is not totally correct but your example is good, you can still get full marks for your definition. For example, an exchange rate is one currency expressed in terms of another currency. An example would be that 1 US dollar is equal to 30 yen. Sure, this exchange rate may not be the actual exchange rate, but it shows understanding of what an exchange rate is. It shows that you understand the concept, which is what your examiner is looking for. Next, answer the question! Attack the question! If it asks you to explain a concept, do that! For example, we know that a change in supply or a change in demand could affect the value of an exchange rate compared to another. Some things that could cause a change in supply are…and then you ramble on about the different factors. Then state the effects of an increase in supply of a certain currency... A picture is worth a thousand words. And the best picture you could draw on your exam paper is a diagram to SHOW what you are talking about! If you say that there will be a decrease in the demand for a good/service, show it on a diagram! Make sure that you include all your labels, like axis labels, equilibrium points, etc. Also MAKE YOUR DIAGRAMS BIG. I would say to make them at least half a page big. Then, your examiner will be able to see nice and clearly what you're talking about, and they don't have to strain their eyes to peer into some tiny corner of your page to get the idea of what's going on. Remember, happy examiner = better chance of scoring high. Any label that you were taught to include on a specific diagram, include it! Then you can mention the effects of an increase/decrease in supply/demand, etc as shown on your diagram. Time management is key! Don’t spend too long on this question! Remember part B? Part B is worth 15 marks and part A is only worth 10 marks. Spending too much time on part A means that you’ll have to rush through part B. You should have a better answer for part B because it is worth more marks. Since you have 1 hour to write paper 1, I would spend roughly 25 minutes on this section. Once you’ve passed 25 minutes, stop writing for part A and move on to part B! Part B Ok, so we’ve reached the dreaded part B. It will always start with the word Evaluate. Some of you may be wondering what evaluation is. Evaluation is basically the effects of whatever is happening on different people. It is very important that you know how to evaluate here! Example: Evaluate the effect of a lower exchange rate on a nation’s economy. You might be thinking “What on earth am I supposed to say? That question is sooooo broad!” Yes, it is a broad question! It’s broad so that it can accommodate many different points of view and many possible answers. It’s impossible to talk about ALL the possible effects of a lower exchange rate on a nation’s economy, especially in a time of 35 minutes (given you spend 25 minutes on section 1). So what do you do then? Focus on one effect at a time. For example, you could say that a lower exchange rate will result in inflation due to an increase in demand from foreigners for domestic goods, then write about that and show it on a diagram. Now that you’ve explained to your examiner why inflation would occur, then you can mention all good and bad things that come with inflation as part of your evaluation. Inflation is usually a sign that an economy is growing and that people are buying more. Real estate owners would win because the value of their assets would increase. People who borrow money from a bank would also be positively affected because the value of the money they borrow is worth more than its value when they repay it. However, customers would lose because their purchasing power decreases. Lenders would also lose because they are repaid with money that is worth less now than when it was borrowed from them. In evaluation, you can also talk about businesses, the government, etc. Basically just talk about anyone/anything that could be affected. See how both sides of the effects of inflation are incorporated? That’s what you have to do when you evaluate. Talk about the good, the bad, and the ugly. After you talk about one point in depth (inflation) then you can move onto another if you have time. But make sure you’ve covered the important points first. Prioritize, prioritize, prioritize. IB likes to see people prioritize their points. There really isn’t a right answer as to which point should be the most important in your discussion. As long as you can justify your prioritizing, then it should be fine. Start with phrases like “The most significant effect of this policy is…” to show prioritization. Don’t forget about structure! The IB doesn’t have a set rule on whether you should write in point form or in sentences. However I would say that writing in full sentences looks a lot more professional. You want your examiner to have a good impression of you right? Not the impression that you’re cutting corners… It’s also good, wherever possible, to organize your thoughts into paragraphs so that you can clearly distinguish between different ideas. This being said, this is not an essay. Do not waste time writing an introduction and concluding paragraph. At most you could write a sentence or two, but it’s better to spend your time writing about things that can actually gain you marks. Well that's it for now...if anyone has any more tips to add, feel free to add on =D
  12. I am currently doing my economics extended essay on the following topic: How will the new steal tariffs affect the steel industry in the province of Quebec? I just need some advice on what exactly I should focus on analyzing.
  13. Altg26

    IB Economics notes

    There are two files: PDF and Pages.
  14. I have chose article about china increasing interest and wrote introduction but I don't know what diagram to use. SOMEONE, HELP ME
  15. Hi guys. I have already looked through lots of ee on econs and I found out that most students did their ee on market structure, e.g. to what extent is ... operating in a perfect competition? If I were to do my ee on market structure, will it seem to be lacking originality which IB examiners are looking for?
  16. these were my notes i took during chapter one of economics this year. they're a bit messy but i think it's a pretty good summary of the chapter.
  17. Hello Can anyone tell me how big the gap between chem HL&SL and econ HL&SL are? I'm currently taking math, chem, physics HL & english langlit, mandarin B, econ SL. Would dropping chem from HL to SL and switching econ SL to HL reduce the workload? I already feel quite overwhelmed by the amount of work from math&physics HL
  18. This is every definition that is required in IB Eco as far as I know.
  19. Hi! Sorry for another EE help post but I really don't know what I should do next for my EE... Here's my situation. I'm currently writing my economics EE with the research question " to what extent would Quebec's dairy industry be threatened by the removal of trade protections?" and I'm still a little confused about how I should answer questions based on "to what extent." Should I be answering it with my opinion of "yes it will be threatened" or something more like "it will be threatened in/because of certain aspects"? Moreover, would this research question fall under the "research question should not be hypothetical or in the future" section under the five year rule? I just saw this but my mentor has already approved my topic? Also, I have written out all the economic theory that I plan to use in my EE, how should I write an outline? Should there be arguments for or against the RQ? I'm not really sure how I can approach it, as to me, this is very different from the other essays that we've written in English or the other classes. Sorry for the bombardment of questions and I hope that I can receive some responses!
  20. Hi... I plan to write this EE under the theme Equality and Inequality. I was wondering whether this RQ would provide enough scope to write 4000 essay: To what extent have the Singaporean government subsidies for education and housing improved social and spatial mobility in Singapore? I was thinking of comparing data from two government datasets to determine whether the policies have been successful in the past decade. Moreover, I was thinking of mapping the data to show the difference in access to good schools or housing and how they impact development in the areas with less access. Would such a topic be suitable? Would I require primary research? Please help!!!
  21. Hiiii. I’m starting my IB this year and I need some advise on choosing a Group 3 subject. I’m considering to take either Global Politics HL or Economics HL. Both seem quite interesting to me but I still can’t decide which one to pick. Would appreciate your help :) My chosen subjects are English Language and Literature HL French SL ESS SL Math Studies SL Visual Arts HL
  22. What kind of effect does legislation have on a negative externality of consumption diagram? Do production costs increase and thus supply shifts to the left? Or does demand decrease? Or does it depend on the context and both could happen?
  23. Hi, so I'm not sure whether I should take history hl or economics hl. I'm not sure what I want to study yet but it probably will be something with law or maybe business. I don't know. I'm interested in history but it's hard to get good grades in history hl so I'm not sure what I should do. Do universities (good ones) like history hl or economics hl more? I'm also going to take maths hl, english b hl, history hl/sl, physics sl, literature sl and economy hl/sl. Thanks!!
  24. I am currently doing math SL and I have a weak 3 (IB year 1 term 3) my teacher and the IB coordinator are both telling me to drop to studies. I would honestly love to go there but I want to do finance in UNI. whenever I ask my counselor about it she is somewhat vague and due to my introverted self I just nod and leave. my grades in economics Hl are quite average they do not really rise or fall. always at a strong 5. My question is can I do math studies and still get a good university where I can do finance or should I just continue to miserably fail math SL? I do: English lang&lit HL(5), French B HL(5), Economics HL(6) psychology SL(5), Biology SL(6), Math SL(3)
  25. I’m a matric student going into IB and I’m taking economics, business management, physics and math and I have no strong base on any of the subjects. But I am willing to do watever it takes to get above 35 in IB
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