Economics and Business & Management
For general discussion and discussion relating to Economics. Please use the relevant subform for discussion of Business & Management.
1,511 topics in this forum
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I have my exams in May 2015 and I am sad to say that I have yet to find an effective way to study for economics. Fortunately I have a good understanding of it and I find the subject pretty easy to understand. Also, I am predicted a 7 in the subject, so it is not as if I am struggling. However, i am really interested in the subject, and I really want to do the best that I can do. Therefore I'm looking for suggestions as to how I could effectively study for the first and second paper. I don't feel like I learn a lot from just reading the book or even my teachers powerpoints, as I just zone out after about 10 seconds. So what should I do? Rewrite the notes? Make flashca…
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Hello Dear All, I just wonder if there is a possibility to do some extra economics course during summer holidays. I am now in 2IB and besides writting my EE during holidays, I would like to do some extra course from economics somewhere in UK on the university or somewhere else in Europe. Is it possible? Has anyone done something like that before? If yes, could you please share with us your opinions, obligatory fees and the place where you took the course?
Last reply by Pink97, -
For the RQ I've got, I have no connection to using financial tools in the IA. It's about discharge process of a hospital. I'm investigating on how lean production can be implemented to make the process quicker. Guys, I am in dire need of help! I'm so confused and the due date is so close. I feel like I shouldn't have taken an RQ that doesn't require financial tools because all the samples I've read so far have used them. And I also feel the recommendation I'd be making is just a really small alteration of one of the steps involved in the discharge process. Is that good enough? Should it be bigger? I'll be using SWOT, FFA, Pareto Analysis.
Last reply by swepati, -
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Hi guys! I am totally lost . Need some Help ASAP for my Business and Management IA I am a Business and Management SL student and for the Internal Assessment we are supposed to write a commentary. How is the sales affected after the celebrities started investing in e-commerce(online websites)? Is it ok to write a commentary o this question for example. Ratan Tata investing in Snapdeal Salmaan in Yatra.com Thanks in advance (: Bye
Last reply by marchudson, -
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http://www.reuters.com/article/2014/10/27/us-egypt-foodsecurity-idUSKBN0IG20J20141027 The article is about subsidies for the poor in Egypt. It states the policies and the people that rely on them and then says that the government is attempting to cut back on them to cut down on the deficit. It does not analyze the situation and simply states there are food subsidies, energy subsidies, transportation subsidies, and education subsidies.
Last reply by Karan Jain, -
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Hello IBers! So our class is almost done with Section 3, and are headed towards the last section of the syllabus. So far, I understand the different concepts, definitions, diagrams and so on. My problem is, however, that when it comes to finding relationship between this and that, I just don't get it. Or, I think I understand it, but when we get past papers, I fail to answer the question(s). I have Economics SL, and I really want a 7. Any tips on how I can successfully relate the different concepts in Economics before the May-exams? Thanks in advance
Last reply by spacescampi, -
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Can we say that tariffs will negatively effect domestic employment in some industries that used to be getting benefit of low prices, before tariffs ? Thanks in advance
Last reply by ysfcll, -
ECONOMICS EXAM
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HI GUYS Can anyone please tell me how to prepare for an economics exam that contains both MICRO & MACRO economics. Thanks Rishi
Last reply by Fedoramiaza, -
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I need help! I am not getting any article for my commentary on International Economics. Please help me. Can anyone suggest me an article which covers topics of International Economics.
Last reply by Fedoramiaza, -
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Hi, can anyone help me find articles for my Econ IA? I want something related to supply and demand, and price elasticity. Is an article about the demand for higher minimum wage in the US good?
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Hello! I am currently doing my microeconomics IA. Throughout my research about economics IA, I read in many occasions that the article is required to have a problem, and that I should present the solution in my commentary. However, the problem in my article is not very visible. So, can I put something similar to a research question, in my commentary, to go on and present a solution to the problem? This is my article, http://www.businessweek.com/articles/2014-05-13/etihads-new-three-room-suite-for-when-first-class-just-doesnt-cut-it#r=rss And after analysing the simple stuff, my "research question" will be: Will the Airbus A380 be cost-efficient? Will it receive e…
Last reply by dniviE, -
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Heyylooooo there, fellow IB survivors! Well I sort of need help in understanding how to answer the business and management paper 1 and 2. The thing is, my teacher hasn't gone through and discussed the format of the answer so I'm a little confused as she mentioned some things which utterly confused me today. Before this post, I used to answer my questions like how I would in an economics exam (i.e explain the terms in the question and provide background information for it and then get to the topic) but I saw the markschemes of papers and it really doesn't look like they want people to define everything and all of that it seems. I understand that a one line definition is g…
Last reply by deansa97, -
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Hi guys I am taking practice tests for november, Does anyone knows what were the main topics from the papers taken in may 2014? Specially paper 2!! Thanks
Last reply by Luci2206, -
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I'm really worried because I only got B's and C's in my past Econ practice commentaries, any advice?
Last reply by anotheribkid, -
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Does anyone have the Business & Management by Paul Hoang caste study answer pdf? I would really appreciate it if they sent it to me! Thank you!
Last reply by mbeattty, -
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What could I study about music industry or companies? Is there any smaller companies in Finland? Or is there companies that are not directly music business but do have something to do with music? HELP NEEDED NOW.... I was supposed to give the idea already.... I LOVE MUSIC
Last reply by Killa123, -
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Hey! So, for my EE, I choose to do an economics EE that was about the viability of the Canadian Pension Plan (CPP). I'm having a lot of difficulty on finding Macroeconomic theory that relates to pension plans, other than the fact that it's a "transfer payment". Can someone help me/guide me onto what I can talk about in regards to Macroeconomic theory?
Last reply by Raphael221, -
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Hi everyone, I take Business HL, so for my Internal Assessment I need primary research data. I am analyzing Axe's marketing strategy and so I designed a survey to observe the people's opinion of Axe. I was hoping you could help me and take the survey as I need more that 100 answers! Here's the link: https://docs.google.com/forms/d/1yHcZJcDr7dgMUnJLSmdanuXzBG8vpciVtN4I8cKcQy4/viewform?usp=send_form Thank you very much!
Last reply by Talalwarsi5897, -
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I'm conflicted on whether to take Economics or Business & Management at HL (I can't take both). Could anyone outline the pros and cons of choosing one over the other? What are the primary differences between the courses? Which is relatively easier? Would Economics be an appropriate subject choice if considering Business for university?
Last reply by ibsurvivor92, -
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for my business IA im evaluating whether the business should continue owning their Flower trucks, or whether they should lease. does any one have suggestions on possible calculations?
Last reply by Chiara Hildebrand, -
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I'm a student of Economics HL This is my first time writing IA in economics I'm going to write about demand and supply Can someone give me advice on how to write good IA? I'm still confuse on what to write and how to start and..... about the articles, what topic do you suggest? i have found two recent economics article is it a good article to write IA on it? can someone please take a look on it and give me some suggestions http://www.businessweek.com/news/2014-09-10/45-year-high-u-dot-s-dot-oil-output-may-cut-pump-price-imports http://www.theguardian.com/money/2014/aug/12/house-prices-haart-estate-agents-property I seriously need help i nee…
Last reply by wonkyungy, -
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So, hey. I just started IB like 2 days ago and my teacher asked me to think about a topic for IA. He didn't discuss or explain what should we do in IA or examples of topic that we can use for IA. Can anybody help me and my friends in class? Explaining about the IA and what should we do. Maybe examples of IA could help us Thank you, rhapsodysiscaa
Last reply by rhapsodysiscaa, -
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Hi, I have a question regarding question 1b ii of the N10/3/BUSMT/HP2/ENG/TZ0 paper. The markscheme says award one mark "for the identification of the margin of safety", however I was wondering what this meant exactly. Does this mean that I would get a mark for drawing it on the graph or would I also need to specify the number of units it is equal to? I would think specify the number of units would be quite redundant as the margin of safety drawn on the graph is already between a two values so finding it is just the different. For the break-even point you are awarded a mark for identifying it and 1 mark for showing calculation, but for the margin of safety there is o…
Last reply by DVnity, -
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Is it fine if I use references to other articles for my commentary for the purpose of additional information? I'm doing a macro IA on ECB's QE and can't find an article with all the information I would like to have.
Last reply by IBfreakingout!, -
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does anyone know a link that leads me to an IB business and management textbook online? Any IB business textbook will do or if you can share one with me, please do
Last reply by Carlton, -
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Hello all, Let me start off by saying that I am a horrible economics student and I simply don't understand the subject at all. With that being said, we have just recently started out macroeconomics IA. I found an article and had it approved by my teacher but I really don't know how I should set about analyzing it. Can anyone read over the article and give me suggestions on what to talk about, what diagrams to draw, what part of macroeconomics this fits into, etc. http://www.reuters.com/article/2014/05/08/colombia-cenbank-idUSL2N0NU1YR20140508 I'll really appreciate the help Thanks.
Last reply by IBfreakingout!, -
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I started the IB program yesterday, I will be taking the science stream, hence I will try to take a load off with the art's subject and I want to go with the easiest between economics and business, but I am not sure which one to take. P.S consider the new syllabus and thank you
Last reply by Another IB survivalist, -
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Hi guys! I'm doing my economics extended essay. My research question is, "To what extent is the market structure of supermarkets in Doha an oligopoly?" I wanted to clear up some approaches I had to the question. First off, there are two main supermarket chains in Doha, Carrefour and Lulu (technically they're hypermarkets but yeah). There's also a government co-op that has a large chain but really is visited for low cost items, it's called Al Meera. Then there are like 3 Family Food Centres, which is another low cost chain. Then there are some singular supermarkets. And then there are a bunch of small supermarkets, like for every small neighbourhood. They're quite small …
Last reply by Yagna, -
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I'm joining the DP in a few weeks and trying to cut costs on textbooks. Here's what's on my school's book list: Economics for the IB Diploma by Constantine Ziogas (9780198389996) Economics Course Companion Second Edition (9780198390008) Economics: In terms of the Good, the Bad and the Economist(3rd Ed) (9781921917028) Which one should I get? Taking it at HL.
Last reply by Ossih, -
Hey guys, I've read the "guidelines, rules" to what I could get help with and what I could not, but I'm not exactly sure yet (New member ) So I hope that someone will be able to help out or at least provide some feedback to what I'm about to post! If I'm doing anything wrong in terms of the forums posting rules and such please do tell Anyways, I am working on my business an management IA (SL) about a Danish private sector company. The company has been experiencing financial loses, since 2011, and therefor in 2013 became very invested in a specific strategy (in order to get out of the financial hole ), In which they began focusing on: · - Strengthening the …
Last reply by Scooby, -
I need help to decide what topic to choose for the B&M IA please help me asap...
Last reply by The Rainbow Connection, -
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I've heard quite a lot of people saying this, could someone elaborate on it? Is this true and if so why?
Last reply by thedudeo, -
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Hey guys For my Business extended essay I want to do a failure analysis of a local business that shut down last year focusing specifically on the marketing mix and competition . I met with one of the managers and he gave me most of the financial data I needed (Monthly Sales data , Profit and Loss Statement ,customer feedback , demographic of location , costing sheet) Some of the tools I'll be using are Boston Matrix Porters Five Forces Marketing mix My research question is currently What element(s) of the marketing mix went wrong for XYZ LLC in the U.A.E? Would really appreciate any feed back on this. Tips on how to improve and suggestion to add/remove somethin…
Last reply by lifeliver, -
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Hey guys, I've been struggling with my B&M IA for a while now. I just can't seem to find a suitable topic or an appropriate organization to base my IA on. I need to hand in the research proposal by Monday, 11th August. Any tips, articles or topic suggestions etc. are welcome. Thanks in advance, Nishant
Last reply by Nishant Ahuja, -
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I'm currently doing my Extended Essay on finding the market structure of the internet service providers in the country i'm living in. For my essay, i'm considering Monopolistic Competition, Perfect Competition and Oligopoly as possible outcomes. However, i'm wondering whether it would be fair to say that the firms could be showing monopolistic traits seeing as there are 5 firms and one of the condition of monopolistic competition is that there are a large number of firms. Would 5 be an alright number to go with in this case? I was thinking of changing of my question to 'To what extent are the internet service providers in Country X operating as an oligopoly?' But i'm …
Last reply by RevolutionToast, -
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Okay I've done my IA and i had a few questions about it for which I would've had to attach it to my thread. I just wanted to know if its "safe" (for lack of a better word) to attach my eco IA on a forum?
Last reply by Outofmydesire, -
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I chose a simple question for my internal assessment about a telephone network named "movistar", is a company that have been positioned as one of the most powerful telephone networks in all the world, they're leaders in many countries, but they aren't the leaders in my country (Guatemala). they have two rivals here. can you suggest me some analysis that I can do for this? And also some of the items that i can use to talk about or compare?
Last reply by bluedino, -
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Hi! I wanted to start doing my extended essay for business & management. I was thinking about doing it on workplace wellness, so maybe something like this: How workplace-based disease prevention and health promotion as a means of improving health can lower costs... How can I improve this question? Also, is it necessary to use primary research for the extended essay? If so, do I just conduct surveys that can prove my point or how am I supposed to go about it? Thank you!!!!!
Last reply by bluedino, -
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I'm taking Business & management HL. Is it equivalent to Accounting IGCSE and Economics IGCSE? I took both of them in IGCSE and I'm confident to get A* in Accounting (But not Economics, I would probably get C above .__.) Anyways, will I survive in Business & Management HL?
Last reply by rhapsodysiscaa, -
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Hello guys, I was planning to do my extended essay on this stree of sultan bazar market. This market has the highest demand and supply for ladies apparels. This market has around 70 shops and about 250 hawkers. I wanted to study the market structure of this lane. Should i consider the hawkers? or the shops? or both? for my research. Please help. Thank you
Last reply by Rishi Jain, -
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Hi people! Is it worth getting a study guide, revision guide or course companion for economics HL? If yes which of them? Thanks!
Last reply by fufufuufufufufuuu, -
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How many times can your teacher look at the draft of your IA? Thanks in advance.
Last reply by fufufuufufufufuuu, -
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Hey guys, I was just wondering if it's okay to 2 of my commentaries (i.e miro & macro) on the same country. I mean, I did my micro commentary on the cigarette tax in France and I want to do my macro commentary on the unemployment rate of France. Is that okay?
Last reply by John Hoose, -
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Basically I need to find a business with a problem that I can gather data for for my B&M coursework. I am meant to have a business and a question in mind by now but i have absolutely nothing. I dont know if anyone will be able to help me but any advice would be great Thank you
Last reply by MaybeShouldHaveDoneALevel, -
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Hey guys, I just want to know that which one is more appropriate to do in our econ IA from micro section; Examininig competitive markets: demand and supply, elasticty and market failure or just focusing on only 1 chapter is better, say, elasticy ? thanks in advance..
Last reply by John Hoose, -
I'm looking for a volunteer that can read my commentary and give me some feedbacks. Thanks..
Last reply by Arrowhead, -
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hey guys, can you check my macro article's appropriateness? thanks.. http://www.worldbulletin.net/turkey/138424/turkeys-erdogan-slams-interest-lobbies-in-speech
Last reply by ysfcll, -
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Hey ! So I'm in 10th grade and I need to choose another subject from group 3 to replace art because I hate it. My decisions would go to Economics or Business And Management, but the problem is I can't choose. I'm in the co-curricular Business class already but it is completely different because we are just running a school store we opened. My major role in the class is basically taking care of the money, because i'm experienced with that, so everything about finance of the store. I love it, but still i don't know what to choose, i love finance, marketing, management, everything related to profit marge. So can anyone help me please ?!
Last reply by Arrowhead, -
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Hi, I'm currently working on my macroeconomics IA. The draft is due in two weeks and I'm struggling with the evaluation section because the structure of the article I'm doing now is quite different from what I did for microeconomics. So my article is about imposing a higher minimum wage in Switzerland and for my graphs I have explained the impact of a minimum wage. I'm just left with the evaluating part and I'm confused about what to evaluate on. In my last IA, I devised a solution of my own and then evaluated that solution/"policy". But in this IA, am I allowed to evaluate the imposing of minimum wage itself, or should I think of a solution that will counteract the effe…
Last reply by sophmliib, -
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I was going through the forum, and correct me if I'm wrong but I realized that there isn't much on the NEW paper 3 (maths paper). Fair enough, we are the second year doing this, but this is more reason for us to ace it. If anyone has any resources or methods they use to revise, please link on here or attach here....would be great! Here is a link breaking down each section that has maths that I've found and use: http://welkerswikinomics.com/blog/2013/04/30/how-to-succeed-on-ib-economics-higher-level-paper-3/ With that being said.. 1 month left adfssghjkl;sgs\efghtjd
Last reply by letap,