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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Hi, Is it neccessary to have more than one graph for the economics IA? Every sample IA online that I've seen has at least two graphs. This isn't explicity mentioned in any IB document. What should I do? Thanks in advance.
Last reply by yii yann, -
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I have my first Econ article due in about a week and I still don't know what is going on. Basically my teacher hasn't been teaching and as a class, we are really struggling. I've managed to find an article but I don't know how to start my commentary. Any tips or suggestions?
Last reply by blaaajung, -
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Hi guys, Seeing as our case study, the Imperial doesn't really give any statistics. What do you guys think will be our statistics question in Paper 2? PP/ARR Ratios Balance sheet Profit and loss Cash flow
Last reply by Jac2013, -
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Hi, I picked out this article for my commentary, but I want some other people's feedback on it. Do you think it has room to evaluate? http://www.ctvnews.ca/business/u-s-fed-signals-low-interest-rates-for-considerable-time-1.1810294 Thanks!
Last reply by _corrina_f, -
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helloow, so this online business revision book is very helpful, and you can use it for free: http://issuu.com/eatyrself/docs/business_and_management_notes_pdf/1?e=4976127/1404630 good luck!!
Last reply by Firas Hommos, -
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Hello! This is my first year writing an Economics IA and I don't know if my article is too long to analyze or not. This is the link to it.. if it's too long, what should the ideal length be?? And I thought that this article relates to cross-price elasticity of demand? I am so lost right now.. I am in desperate need of a helping hand and would very much appreciate any reply! Thank you!! http://www.koreaherald.com/view.php?ud=20140413000094
Last reply by JKingaA, -
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HI! I need some help!!!
Last reply by Dominika Hacia, -
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can someone suggest the best eco textbook to study from ? and are there any particular online resources that could be of great help? thanks!
Last reply by dniviE, -
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Hey guys! So my class was updated on the use of the new papers and new organization, and our supervisor wasn't clear with how to set out our Economics Paper 1 - when putting in graphs, should I put the graph or diagram into the 8 page booklet, or draw it onto the separate piece of graphing paper? I'm really freaking out for tomorrow morning so an answer would be amazing! Thank you so much!
Last reply by dniviE, -
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I haven't seen a tips thread yet, so i'm starting one Also, here's a chatroom to discuss https://kiwiirc.com/client/irc.freenode.net/IBECON
Last reply by paul34, -
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Is natural rate of unemployment included in unemployment rate?
Last reply by paul34, -
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Is natural rate of unemployment included in unemployment rate?
Last reply by ctrls, -
Economics Economics HL Paper 3 MISTAKE
by Guest Mary Westre- 1 reply
- 960 views
I did the calculations for the consumer surplus wrong in Question 3. I did not do 1/2(base x height). What happens? I get follow through error? or Partial points? or can any one tell me what happens.
Last reply by carribeanblue, -
Friendly Administrator, Friendly people, good atmosphere! https://kiwiirc.com/client/irc.freenode.net/IBECON
Last reply by SirKel, -
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Hey everyone, I have heard on many places that the key to achieving a better grade in Economics is to use real life examples because examiners like seeing students use examples. Is there a way to review for this? how true is this and how important is this? Thanks!
Last reply by mnmib, -
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I hope that everyone that is taking Economics did well on their exam today I would like to create an email or skype group to discuss our experience love for economics throughout IB! If anyone is interested post here and I will take care of it. But remember guys, no exam discussion until tomorrow evening! Best of luck ~
Last reply by David Kroell, -
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This is the first time I'm doing an Econ paper and I'm a little stumped on how to find a good article. From what I understand, we are to find an article that relates to topics we covered in microeconomics and evaluate advantages/disadvantages in regards to the proposed/established policies of the issue. Since most of the students in my classes are using the articles from the IB Economist Blogsite already, I found some articles on my own but I am unsure whether it would allow me to write a solid analysis on the topic. These are some articles I came up with: Canada may tax cash prizes awarded to Canadian Olympic medalists This seems interesting but I'm not sure if this ar…
Last reply by bex, -
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Hey guys, I've narrowed down a list of possible articles that I might pick for my Econ Macroeconomics commentary. Please help me out? http://in.reuters.com/article/2014/04/21/brazil-economy-worldcup-idINKBN0D70BZ20140421 - For this one, I'm kind of confused on what to say to solve the issue, as Brazil will be hosting the world cup, which makes government spending essential. Moreover, it says that not even monetary policies are able to ease the pressure, which is even more confusing. I really like the topic though. http://www.dailystar.com.lb/News/International/2014/Apr-26/254449-ukraine-crisis-leaves-shoppers-out-of-pocket.ashx#axzz2zzv8OWdg http://www.bbc.com/news/bus…
Last reply by aazzel0, -
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Hey, I just wanted to ask you what kind of theories I should use in my Analysis Section? My title is ''To what extent will flydubai’s launch of a business class cabin affect its cost focus positioning?'' Im not sure which ones would be appropriate
Last reply by aazzel0, -
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How many points should I include in the evaluation? I've seen the markschemes and they typically contain at least 8 points for part b. I'm really not sure about this. Should I focus on just two points with short-term, long-term, stakeholders or should I do 4 points. Also, how long are your answers for paper b in terms of pages. Is there any way to look at model essays on IB? Test tomorrow on macro and I need to do well!!
Last reply by aazzel0, -
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This is a part a) question from 2013 specimen paper. I know the different methods output, expenditure and income but how would I analyze them?
Last reply by YellowSpider, -
In the monetarist model long run economic growth is represented by a shift the three curves: AD, SRAS and LRAS. A good diagram of this is in the Tragakes Book on page 256. My question is why does AD increase if there is long run growth?
Last reply by ctrls, -
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I need some help.. I have no idea about my extended essay (economics) topic.. I was thinking about hotels..
Last reply by YellowSpider, -
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I was reading the economics IB syllabus, and in the macroeconomic section they specified to answer the following question: Explain that central banks of certain countries, rather than focusing on the maintenance of both full employment and a low rate of inflation, are guided in their monetary policy by the objective to achieve an explicit or implicit inflation rate target So, my question is what is implicit and explicit inflation. Also, can you give me tips to answer the question above. Thank you all, Regards, TheSstudios
Last reply by mnmib, -
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Hi guys! So I'm an SL Econ student and I have had a terrible teacher for the past two years meaning I have basically understood Zero percent of anything on the syllabus. I have been stupid enough (yes, this is entirely my own problem) to not do anything about it. Now it's a week before my exam and I'm kinda freaking out. I've been crash revising which is working out okay but there are some things I don't fully understand and would like some more explanation. Does anyone know of any good sites or links or videos (I'm a visual learner) to help me out? A lot of youtube videos are sooooo boring and don't really help :/ Also, does anyone have any suggestions on the best way…
Last reply by YellowSpider, -
- 1 reply
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Hey everyone, I've been having a hard time picking a good article for my Macroeconomics Commentary, would anyone help me out? I've found some potential ones, and I'm kinda leaning towards the ones about Brazil or Ukraine more. I feel like some of them don't even talk about possible solutions (like fiscal or monetary policies) What do you think? Russia/Ukraine http://abcnews.go.com/International/wireStory/russia-hikes-interest-rate-amid-inflation-risk-23465888 http://www.dailystar.com.lb/News/International/2014/Apr-26/254449-ukraine-crisis-leaves-shoppers-out-of-pocket.ashx#axzz2zzv8OWdg http://www.bloomberg.com/news/2013-10-30/ukraine-s-third-recession-since-2008-confirme…
Last reply by YellowSpider, -
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Hi, Which graph do you draw on the exams? The monetarist model or Keynesian model? I feel that monetarist is easier to draw but Keynesian is more correct. What do you do for a general demand/supply side policy question which does not specify which model to use?
Last reply by ctrls, -
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Guys the greatest challenge for econ HL p3 is we do NOT have a data booklet for us!!! So instead of memorizing the formula one by one difficulty, why not we all start posting formulas rite here? Summarize them up and we can all get 7s for our economics. Let me begin, TR=PQ PED=Change in price/change in quantity TC=TFC+TVC or ACQ
Last reply by Youss, -
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Hey guys, I've never quite understood the microeconomic topic theory of the firm, and Ive searched online for help on it but haven't had much luck. Does any one know of any websites/ videos to help with it. Anything to help with my understanding I've tried reading the textbooks but to no avail. Thanks.
Last reply by dniviE, -
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Background: For my IA I have selected a sole-trader business of a distant relative. We don't talk often but he agreed to give me some info on his business (It's a sushi restaurant). Since the IA requires the candidate to make use of a lot of methods of primary research. However, I cannot use as many primary research methods (e.g. interviews or focus groups) mainly because of the geographical and emotional distance between myself and my relative (He's in Missouri and I live in New Mexico). That brings me to my question - Can a candidate cook stuff for his/her IA (for e.g. fill up questionnaires himself/herself)? If yes, have any of done this before? Also, to what extent …
Last reply by Emmi, -
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Hey guys! I'm starting my first economics commentary. I'm having a lot of difficulty finding a GOOD econ article to use specially since everyone already chose a topic which can't be repeated so smoking tax increases can't be done. I'm more inclined towards market failure but am opened to any suggestions! I've been having some personal problems and I kinda let this one slip and I'm running short on time.. Please guys, I'm kinda desperate over here I appreciate/ am grateful for any tips/comments/help etc given!
Last reply by Filipa Reis, -
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I was initially planning on doing my Economics IA based on this article (http://archive.indianexpress.com/news/sc-refuses-to-cap-number-of-personal-cars/1151703/) and relate it to the negative externality of consumption. However, I just came across this article (http://www.bizjournals.com/baltimore/news/2014/04/09/health-advocacy-group-wants-maryland-to-raise-the.html) which talked about cigarette taxes. I feel like this would be a more useful article for my IA. However, I was wondering if by choosing this article, in the diagrams that I draw based on negative externalities of consumption, would I have to put 2 MSC+tax curves seeing as there was already a tax implemente…
Last reply by Black Bird Lockheed, -
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Hey there. I'm currently in Econ SL and am having a serious panic attack. My IB Exam is next month and I feel like I understand only 30% of the curriculum. My teacher is very old and prone to mixing things up or explaining them poorly, and we haven't even started international economics yet (despite having to do an entire IA on it, which was total crap for me), and I haven't been keeping up in the book because I've been so busy with my other courses in the diploma. There are other things I could go into if that'd help, but my plan right now is just to try and outline the entire book this month and do practice tests online. I've really put myself in a bad spot here, and d…
Last reply by -._._.-, -
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The title says it all I guess. So, my IB econ class prepares us for both the SL and AP Macro/Micro exams but I'm only taking the SL one. My teacher isn't being helpful and so I don't really know how to study for it. Are you guys buying exam prep books or something? Thanks for your help and good luck!
Last reply by dniviE, -
Economics Specimen May 2014
by Guest svdobre- 4 replies
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Did anyone try the Economics SL Specimen papers for May 2014?
Last reply by dniviE, -
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Hi guys, Does anybody have any macroeconomics IA samples that they are willing to share with me? I need it urgently for some reference; I just uploaded a few of my microeconomics IAs on the IBSurvival database to become a VIP member and see some of the user examples, but I'm afraid confirmations from the mods will take a while, so please, anyone willing to help a poor IB student out? :'( Sincerely, Aesop
Last reply by citizenoftheuniverse, -
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i have to do my final Econ IA and was interested in doing a stockholders analysis of Quebec's separation form canada. Qubec has not separated yet, but i wanted to gage the effects can an article pertaining to this hypothetical, remotely possible event . can this be done
Last reply by vedant dhanuka, -
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So, my final exams are in May and I have been revising but now it's exactly a month and I was wondering if anyone has any tips or revision methods they do with a month left? So far I've been making essay plans, reading things over and learning definitions/graphs. Please help!
Last reply by IanSurvive, -
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As we know, one of the hardest parts to get high marks on is evaluation. I have done many practices and never received high marks on any of them, even if I have a markscheme with me when doing it ! I guess it's not just the content that we have to write, but maybe some of our opinion as well to 'personalize' it to make a perfect paper. The markscheme only provides suggestion on points and scopes in which candidates can write about, but it doesn't ensure the quality of an effective argument. Does anyone have any examples of how a good evaluation look like in a real exam paper? (or maybe a high scoring essay graded by examiners/teachers) I tried searching in "file/notes" h…
Last reply by YellowSpider, -
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Neerja Modi School Internal Assessment “Should S. Goyal International plan to set up a new unit in spite of heavy labour problems in Surat?” Candidate name: - Vedaant Dhanuka Candidate number: - Session: - Subject: - Business management HL Supervisor: - Rationale S.Goyal international is a cloth manufacturing and selling industry. S. Goyal international has experienced a rise in demand with increased sales and continuous expansion. S. Goyal is facing labour problems which might affect the supply. Their main aim is to expand and increase their turn over. Theoretical frame work I will analyze the financial state as well as the non-financial factors affecting t…
Last reply by YellowSpider, -
- 3 replies
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i would like to take economics as a subject next year as i am starting IB. my only problem is that i quite frankly suck at maths hahahha. i am expecting maximum a B for my gcse results at the end of this year. my question is, HOW good do you have to be in maths to take economics HL? some people tell me its only applied mathematics so i'll be fine, others say that it is very difficult, so i wanted to ask your opinion! thanks(:
Last reply by laura.alfonsi, -
Economics [REQUEST] Markscheme for Economics SL November 2012 Paper 1 TZ1 & TZ2
by Guest Incinerator- 1 reply
- 1.6k views
Hey guys, I really need the markscheme for the Economics SL November 2012 papers TZ1 & TZ2. I would really appreciate it! Thanks, Alain
Last reply by maroctam, -
- 1 reply
- 703 views
Would this article be good enough for an Economics IA? http://online.wsj.com/news/articles/SB10001424052702304554004579420340703375938
Last reply by forlackofabettername, -
- 3 replies
- 1k views
Hi So I did not take gcse economics but am planning to pursue IB economics next year. My school does the gcse + ib system, but the MYP program which is usually done in preparation for IB does not contain economics. So if I am to self study the course to familiarise myself with the subject over summer would it be more sensible to study from the gcse or ib textbook? Thanks!
Last reply by r1111, -
- 1 reply
- 620 views
There will be a business and management study session this Saturday on Skype. There's at least two people (excluding myself) who will be joining so far. We will be working on a list of possible questions for the Imperial case study (so please read it if you haven't). 13:00 (GMT +1) Amsterdam, Berlin, Paris 17:30 (GMT +5) Delhi, Bangladesh, Bangkok If you are interested please PM me with your Skype ID and I will add you to the Skype group. The Imperial case study: http://www.ibbusinessandmanagement.com/uploads/1/1/7/5/11758934/ib_business_and_management_the_imperial_case_study_2014.pdf A link to the questions for those who might be unable to make it. http…
Last reply by Shirley Bailarina, -
- 2 replies
- 429 views
Hey guys! My business internal is due next week & I haven;t started it because I changed my question and company. I'm really stressed out and I'm panicking a lot. I really need help coming up with a research question regarding my company which is Coca Cola, I was thinking about marketing or a human resources related question. I recently read that Coca Cola is starting a campaign in India to increase the sales there. I honestly don't know, but i need help ASAP. Thank you!
Last reply by stressedfromIB, -
- 6 replies
- 1.5k views
Title is pretty self explanatory I will also be doing Paper 3 Exercises from the IB Skills and Practices book (published by Oxford). It's a dark blue book just to be specific The IB Economics Course Companion I'm referring to is the blue one written by Jocelyn Blink and Ian Dorton
Last reply by Black Bird Lockheed, -
- 5 replies
- 447 views
Guys, I'm done with my IA, just some minor editing to do and I'm not really sure about my research question. I mean it's not something that would completely change my IA, but i think it matters. because i might change a bit in the conclusion my RQ starts with 'to what extent is it feasible for x to transform....' I've read in many places that the B&M RQ must should start with 'should....' my teacher says the 'to what extent' one is good, but i'm not really sure. any assistance would be appreciated.
Last reply by Stephen Antonio, -
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by Guest Incinerator- 1 reply
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Last reply by RedLex, -
- 6 replies
- 1.5k views
Hi, I am planning to take HL economics next year in high level, however it is only available as an online course. Does anyone have any experience about taking economics and economics online using pamoja? Or should i choose business instead of economics?
Last reply by paul34,