The IB (International Baccalaureate) Economics course is an in-depth academic program designed for students aged 16 to 19. It is part of the International Baccalaureate Diploma Programme, a globally recognized qualification that encourages critical thinking, international-mindedness, and a comprehensive understanding of economics and its applications.
The IB Economics course is relevant for students who have a strong interest in economics, finance, public policy, business, or those considering pursuing careers in economics, research, or related fields. The course aims to provide students with a solid foundation in economic theories, principles, and real-world economic issues.
The IB Economics syllabus covers a wide range of topics that explore different aspects of economics. The course is divided into two main branches:
Microeconomics: This branch examines the behavior of individual economic agents, such as consumers, firms, and industries. Topics covered in microeconomics include supply and demand, market structures, price determination, elasticity, and market failures.
Macroeconomics: This branch analyzes the functioning of entire economies, including national income, inflation, unemployment, economic growth, and fiscal and monetary policies. Students also explore the challenges and implications of globalization on macroeconomic conditions.
Our focus is ensuring mastery of concepts and not memorization. Our study materials bundle is simple to go over after class, yet concomitantly entails all essential knowledge needed for the subject.
Students require individualised guidance, with constant motivation, clear expectations and deadlines to reach their maximum potential in a subject. Our instructors do so by directing them through personalised study roadmaps, and by fostering accountability and discipline in students through regular engagement and practice.
While students do fall behind in their grade due to gaps in knowledge of concepts
Helps make students ready for the Exam day. Regular review and evaluation reduces overall stress and boosts confidence. Students thus feel ready than ever to tackle the exam!
At UniHawk, our instructors will provide you with a wide array of resources alongside continual guidance. Here’s a sneak peak for you:
To develop these skills, students require guided practice. Here, a common way is working with past papers. It benefits them immensely when they receive expert insight and strategies while doing past papers.
SL & HL Content
Internal Assessment for HL:
Format of Assessment:
Internal Assessment for SL:
Format of Assessment:
This presents the structure, examination cycles, assessment formats, and weightage allocation for both Higher Level (HL) and Standard Level (SL) papers in the field of economics.