How to get a 7 in IB Economics?

20 November, 2020
How to get a 7 in IB Economics

giasuib.com – IB always be a difficult program to student not only at Math, Physics or Chemistry but also at Economics is as difficult as. Why does IB Economics difficult? How to get a 7 in IB Economics?

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How many topics on IB Economics?

IB Economics is a subject about economics on IB program student will familiar with business form in microeconomics and macroeconomics, beside that student will learn about specialized terms, analyze merchandising, analyze data and index.

For more: IB exam preparation

IB program include 2 levels: High Level (HL) and Standard Level (SL) so in each level student will have different hard level of topic

  • Section 1: Microeconomics – 35 hours for SL and 95 hours for HL

  • Section 2: Macroeconomics – 40 hours for SL and 50 hours for HL

  • Section 3: International economics – 25 hours for SL and 45 hours for HL

  • Section 4: Development economics – 30 hours for SL and HL

Inside that on high level will have some topics added:

  • Section 1: Competitive markets: Demand and Supply, Government Intervention, Market Failure, Theory of the Firm and Market Structure 

  • Section 2: Aggregate Demand and Aggregate Supply, Macroeconomics Objectives

  • Section 3: International Trade, Exchange rates, The balance of payments, Economics Integration, Term of Trade

  • Section 4: The role of international trade 

In the process student in two levels have to do an essay base on each different part of the textbook, no longer than 750 words.

Now, you have already known about these topics are on IB Economics and how to get a 7 in IB Economics?

For more: 5 tips to pass the “tough” IB exam

How to get a 7 in IB Economics?

IB Economics with some students it is a very hard subject to learn, but on the other hand student says “It is a nice subject and it is the best way for us to get high score” and the question is why do they think it easy and where is the tip for them to learn it nicely?

  • Find out the topic on each part: Reading and understanding the topic always forgotten by student however, to learn well and comprehend the knowledge student have to read the name of topic first to find out where is the important part.

  • Spend time for researching information: Economics is an economics subject so you can not apply “do exercise” way instead of research more information on the internet, newspaper… to supply for yourself new information.

  • Make sure that you can understand all the specialized terms: Not only on Economics but also on every subject they will have their own specialized term so if you want to study well and comprehend all the concepts you have to make sure that you can understand the specialized terms.

For more: Where to learn IB Economics?

 

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