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
-
- 2 replies
- 1.2k views
I've been reading a few topics and I must say, I'm a little worried. Does anyone know for sure whether articles from the Economist are frowned upon? Apparently they're already too 'explained' and so our work will be too much of a rip-off. thanks for your help.
Last reply by khalid, -
- 3 replies
- 685 views
Dear All, Can anyone of you please let me know if the research question seems fine to you? Should Company X expand business in Singapore for oral care products? If you think the question is OK, then please let me know how an investment appraisal can be done using NPV analysis using fictitious data. Thanks, Nattu
Last reply by NattuJ, -
- 15 replies
- 7.6k views
alright so last year as i had to go in for Ib forecasting (talking with the coordinator about what subjects i would choose) i was informed that to take economics you had to be in Math Sl or Hl, not math studies. Now at the time it didn't really bother me because i knew i would at least try math Sl. I just kinda found it odd that 1) 1 girl last year took physics and math studies at the same time and i'm pretty sure physics is a lot more demanding mathematics wise and 2) that when i looked up the economics outline on ibo.org i couldn't find anything on having to take Math SL to take economics. i wanted to talk to my coordinator about this because last year the head of th…
Last reply by Peanut Butter Jelly, -
- 1 reply
- 2k views
Hi guys, I'm currently working on IA2 for econs and I'm basing my commentary on the negative externalities due to overconsumption of alcohol. The article says that minimum pricing can be used as a policy to curb this negative externality by reducing consumption levels. Although this may sound perfectly logical, I haven't seen any textbooks mentioning price floors to be a policy to reduce negative externalities due to consumption. The textbooks that I have browsed through only mentions implementing taxes when it comes to price-related policies so I'm a little worried about putting minimum pricing as a policy down in my commentary. May I know what do you guys think? Is it a…
Last reply by chicheto93, -
- 12 replies
- 38.9k views
Hi there, to my extended, I got a big question mark when I started to think about if a car is an inelastic good, or elastic? what would u say? and why? In addition is a car a normal or inferior good? I think in general cars are inelastic, but when only looking at cars (disregarding other goods) they are elastic, there are petrol, diesel, biogas, natural gas cars etc...
Last reply by khalid, -
- 2 replies
- 1.1k views
Hey.. I was revising theory of the firm lately and I didn't understand these aspects . Q1. In Perfect Competition, Why does Allocative Efficiency occur at P=MC? Q2. The Demand curve is said to be perfectly inelastic in perfect competition, But if firms lower their prices wont demand increase? Q3. Why does the marginal cost curve cross the average cost curve at its lowest point? Thanks alot of your help
Last reply by CkyBlue, -
- 1 reply
- 1.1k views
I recently wrote a commentary on bonds in the UK, but I am not satisfied with the outcome. The commentary went more into finance than economics, which is why I have decided to write a new one. Have you read any interesting articles on the subject? I am having difficulties finding a suitable one. Thanks in advance.
Last reply by dessskris, -
- 3 replies
- 1.7k views
help! I cant seem to find the syllabus for IB Economics HL anywhere online. Nowhere gives sufficient data. I am taking the May 2012 exams and would really appreciate it if someone could send me useful links or the actual syllabus! Thank You
Last reply by The Economist, -
- 3 replies
- 1.3k views
I know that in the IAs you have to count the diagram labels and titles as part of the word count but is that included when writing the IA coversheet? So if my commentary is 730 words, and the labels and titles are another 14, do i write 730 words for word count or 744 words? Thanks
Last reply by Turkalurky, -
- 0 replies
- 663 views
Hey guys I could use some help with my BaM IA research question. I recently turned in my draft and when i got it back the teacher all of a sudden tells me that my research question isn't good enough, so now I'm sitting here with all this research that I've done and my essay and in need of changing my research question... the research question needs to be changed so that it is better phrased but doesn't result in me having to change my entire essay. My previous RQ was: How can Expat Auctions attract more customers to its auctions? Some new ones that i've come up with are: - What would be appropriate marketing channels for Expat Auctions? - How can Expat Auctions improve …
Last reply by horan, -
- 2 replies
- 1k views
Is it possible to use acronyms in Econ IAs if we have made it specific earlier on? So for example; Average Price Level (APL) and then after that just using APL whenever you want to say Average Price Level? Would we be marked down for this?
Last reply by The Economist, -
- 1 reply
- 991 views
Is it necessary for SL to have interview in their Commentary? Or we can have interviews record which are on the internet from others?
-
- 7 replies
- 1.3k views
I have an IA due on monday and was wondering somethings. 1-What does it mean by candidate number on the coversheet and how do I know what this number is? (teacher never explained this) 2-For the word count, does the coversheet count as part of the 750 words? And how about any labels in the graphs? (such as "P1", "EQ1", etc) 3-For each part of the IA do we label them? (f.e. Analysis: or Evaluation:) 4-I just want to make sure that I am doing each section of the IA correctly...for one part (economic terminology) we simply define the economic terms that we are going to use in the IA. For Economic analysis we relate these economic terms to the article. (my understanding i…
Last reply by dessskris, -
- 5 replies
- 2.9k views
Ok so I'm writing my 3rd IA for Eco. I found an article but I think it may be a bit too simple, have been looking for hours and cant find a good article for Unemployment. Could someone please help me find a good article? Here's the article I found: Grim jobless figures again in Spain 04/10/2011 The end of the summer tourist season saw the number of people registering as unemployed in Spain shoot up by a more than expected 96,000 in September. The Latest Labour Ministry figures dampened hopes of a fall in the unemployment rate in the third quarter of the year. There are now 4.23 million Spaniards out of work and the jobless rate there is more than double the European Un…
Last reply by PopTheLops, -
- 14 replies
- 2.4k views
I found an article that will make the short term aggregate supply shift backwards because of the weather in Mexico. Some oil rigs will be closed. I want some points to discuss in my commentary. What definitions beside SRAS should I define. Like what are my evaluations will be... short term, vs long term Stakeholders is easy but any points will be appreciated. And it will be closed for couple of weeks. So do I have to discuss LRAS How would you layout your commentary for something like this. Any help or advice will be appreciated.
Last reply by Internationalbaccawhat, -
- 19 replies
- 8.3k views
I know that each commentary needs to be 650-750 words long. but what exactly are included in the word count? is it literally everything? even graph labels and captions? also headers? what about footnotes? because I'm considering putting some footnotes...
Last reply by tixi.13 <3, -
- 1 reply
- 2k views
I've been having difficulty breaking the 17/20 mark on the IB data analysis paper for Econs. This is mainly due to the final essay question out of 8 marks. Any tips on how to ace that? I'm getting the diagrams and definitions right, but just not this...
Last reply by dessskris, -
- 1 reply
- 1.7k views
I'm very behind in my business IA due to two things 1. the person I'm working with is very busy at the moment (will be free in a couple of weeks) 2. I'm focused on my EE but I want to know, when is the actual deadline for the business IA? is it in March, or february? the more time, the better
Last reply by bigbangfan, -
Hello, I was just wondering what other sources can we use for the Economics commentaries? Since we have to get our sources of news from four different media mediums. Thanks
-
- 5 replies
- 2.3k views
Would I be correct in assuming that the font and word size for the Econ IA's are Times New Roman, font size 12? If not, would anyone mind teling me. Much appreciated
Last reply by Turkalurky, -
- 1 reply
- 821 views
While spacing out on my Economics notes, a curious question came to me: If the Long Run time period is a time for which all factors of production can be varied, does this mean all Supply curves are theoretically elastic in this time frame regardless of their short term elasticity? Help is much appreciated. Thanks.
Last reply by Keel, -
- 2 replies
- 977 views
Hello! My economics teacher is quite honestly useless at explaining the theory behind his diagrams. He just draws emm up and expects us to comprehend them intuitively. Being a little behind the curb I'm always a little behind Was wondering... I don't quite understanding the reasoning behind the fact that elasticities vary along a linear demand curve. (Infinite at the top. 1 in the middle. less than 1 and bigger than zero at the bottom lest i misremember?) Does anybody have a reasonable explanation for this!? I could just remember this information But I really cannot grasp WHY it is this way. It's eating me up.
Last reply by CkyBlue, -
- 1 reply
- 553 views
Evaluate the usefulness of the mission statement in planning of future strategies for the business Suggest how the statement might be communicated to 3 stakeholder groups could you guys help me understand the questions and give some examples on how to answer them...im planning on using body shop's mission statement.
Last reply by Bradley, -
- 1 reply
- 872 views
Hello! I am trying to get started on my IA in economics and I found this article and it is approved by my teacher: http://www.cbc.ca/news/business/story/2011/09/23/f-keystone-xl-pipeline-oilsands.html I am planning on including section one (capital) and section 2 (market failure) But I am having a hard time getting started and I am not really sure what it's all about because on the internet there are som pretty upset peple but they're not really discussing it, there are more nasty comments.
Last reply by dessskris, -
- 1 reply
- 917 views
http://www.upi.com/Top_News/World-News/2011/08/29/Millions-in-China-face-water-shortage/UPI-82901314598051/?spt=hs∨=tn so there is my article ^ and this is what ive done : 1. explained the problem briefly 2. done a diagram to show what is happening in china + explained the diagram 3.done a diagram and explained what a subsidy would do 4.-- now i dont know what to add! can anybody help me ? what should i include in my commentary, what is really important that i have missed?
Last reply by The Filipino Limner, -
- 2 replies
- 725 views
Hey guys, I had a little debate with my Business and Management teacher about how much time should be spent on studying the IB case study (that is the subject for paper 1). I thought that you were meant to spend about half a year just on analysing it, while she said that no time is meant to be spent on it and we were meant to prepare for paper 1 by ourselves. Could you help me clarify this? How much time should be spent on the case study for paper 1? Is there any part in the syllabus where this is mentioned? I realise this is a complicated topic, so any help would be welcome, Thanks so much
Last reply by kiwi.at.heart, -
IA Business IA
by eat me- 2 replies
- 1.6k views
Hey, so my title is "how can company X increase its market share?" what do you guys think about the question? is it a good question or should i definitely change? Also if anyone has an example of an ia related to market share, please send it to me thanks
Last reply by eat me, -
- 1 reply
- 762 views
http://www.upi.com/Top_News/World-News/2011/08/29/Millions-in-China-face-water-shortage/UPI-82901314598051/?spt=hs∨=tn thats my article . i dont really know what to say about the long term and short implications for the article , anybody can help me please?
Last reply by KiMHarry94, -
- 2 replies
- 1.4k views
If I'm writing a commentary on section 2, does it have to cover all the topics? The thing is that basically I am writing about oil price/demand changes, and probably won't manage to include market failure. Does it mean I should search for another article connected to market failure?
Last reply by File, -
- 18 replies
- 7.1k views
I'm currently in SL Economics, and am looking for a good book that will help me understand the concepts taught in class, as well as prepare me for the exam. On Amazon, I found these two to be the most promising looking: http://www.amazon.ca/IB-Diploma-Programme-Economics-Companion/dp/0199151245/ref=pd_sim_b_11 http://www.amazon.ca/Economics-IB-Diploma-Study-Guide/dp/0199152284/ref=pd_sim_b_18 Anyone have experience with either of these? What's the difference between them? Which one's better? Thanks in advance.
Last reply by File, -
- 0 replies
- 735 views
Hi guys, Here's the case ... I joined IB starting from the second semester , our SL B&M teacher has spoken about the IA in the begining of the year. Now , I'm requested to give our teacher a commentary in no more than 2 weeks from now , and he's refusing to give any student any guidance , due to a long story. Currently , I'm searching for a topic for my SL B&M IA that I can take from any company , as I have nobody in a company to assist me. I'm looking fo ra topic that is easy to find its supporting documents , and related to marketing or finance. COuld you offer me help in topic choice? Thanks.
Last reply by Hyunqul, -
- 7 replies
- 2.2k views
my IA article doesn't talk about long run AS... I want to plot AD shifting to the right. where do I plot the LRAS? at the equilibrium point of AD1 and SRAS? thanks before oh and a question: my article is http://www.independent.ie/business/irish/consumers-still-not-spending-but-exports-continue-to-shine-2804142.html in paragraph 3 they said domestic demand fell by 3% but then they said the GDP grew 1.3%? so did the AD decrease or increase?
Last reply by The Economist, -
- 2 replies
- 809 views
could you please give me some insight on what the diagram to show water shortage after the drought should look like? i did a demand / supply diagarm but my teacher told me thats not enough , improve it . what i did was that i shifted the water supply curve to the left to show that supply has fallen. http://www.upi.com/Top_News/World-News/2011/08/29/Millions-in-China-face-water-shortage/UPI-82901314598051/?spt=hs∨=tn
Last reply by Summer Glau, -
- 0 replies
- 1.1k views
I was looking for an Internal assessment article for economics SL and found this article about oil companies evacuating from Gulf of Mexico. http://www.reuters.com/article/2011/08/31/us-storm-gulf-bp-idUSTRE77U7AR20110831 I am trying to find a way to tackle it.. I want to do it about supply and demand of oil. That this evacuation will last for about 10 days and this will decrease the production of oil. And this will have an effect as one of the biggest oil platforms are located there. Can you help me with ideas about it. Like evaluations What do you think will happen in the short term and long term other than decrease in production and thus less profit may cause inf…
Last reply by MR.AHM, -
- 5 replies
- 1.1k views
so in the commentary... you need to define terms, draw diagram, analyse the concepts and theories, evaluate ways to solve the problem, etc... but for the evaluation part, how many solutions have to be presented? say the article didn't suggest any solution, so how many ones do I have to come up with? should I do many (like 3 or 4) but with less analysis for each solution, or should I do less (like 1 or 2) but with more analysis for each solution?
Last reply by Keel, -
- 10 replies
- 2.8k views
hello people , i need help finding an article related to supply/demand for my economics HL commentary . please help me , i have been looking for articles but they mostly look complicated and i dont know how to analyze them can you please show me a sample article which would be considered good? so i can have an idea of what type of article to use
Last reply by dessskris, -
- 4 replies
- 1.2k views
Hi everyone! Here's the deal: I had one eco teacher in year 1, and a different one in year 2. Teacher 1: Draw your diagrams electronically, not by hand. Teacher 2: You cannot submit electronic diagrams, IB doesnt except them, draw them by hand. HELP me! Please ask your Economics teachers whether we're allowed to draw them electronically or if iB prefers hand-drawn diagrams. Thanks so much!
Last reply by Aak, -
- 2 replies
- 1.1k views
If someone knows please help me
Last reply by dessskris, -
- 3 replies
- 954 views
I have to do my first IA in economics, preferably in microeconomics. i was thinking about japan and what happened there with the meltdown and tsunami. maybe something to do which prises. what i need help in is how can i link the tsunami and disaster in japan to a microeconomic idea or fundamental.(demand and suply for example. -Sacramento
Last reply by dessskris, -
- 5 replies
- 1.3k views
In my experience in IB so far (entering my second year), I have had some trouble with accepting the mark schemes for economics. In every test I have taken the mark scheme for the essay questions always state "students may answer differently; award marks accordingly" and so I think "hey! What a great opportunity to put some real thought into a question" but it turns out that teachers always look for a specific answer, and if you asnwer differently you get punished for it. For example, in one of my essays I had to discuss in which cases are merit goods underprovided and how to solve this problem. I answered the question using some macro theory and examples of LDCs, MDCs, NI…
Last reply by ShootingStars, -
- 5 replies
- 1.2k views
I didn't do economics in my first 2 years of high school, and now I plan to do Economics HL for my first year of IB. Will I find it extremely difficult? Has anyone else been in a similar position before?
Last reply by TwoSaints, -
- 1 reply
- 733 views
Hi everyone, Simply , I haven't been told anything about my SL B&M IA !!. All I know is that it has to be done by October !!. So please , inform me about it. How can I choose a company or institution? Must there be a problem in this institution , and I have to provide solutions or suggestion? Can I do a research regarding improvments or future predictions? What are the supporting documents? How should they be ? Can I get one from a newspaper for instance? Sorry for all these questions ... but I'm in a serious problem. Thanks for your time.
-
- 1 reply
- 866 views
i really need help on how to start my business IA, my teacher didnt like my RQ but never gave me any advice on what to do, i would also appreciate it if someone told me where to find the rubric for it. thanks in advance
Last reply by WOWthatwascool, -
- 3 replies
- 1k views
I'm not sure what i can or can't do for my internal and having a little trouble finding an appropiate topic. My teacher didn't really explain it well so im confused. I'm doing SL. I was thinking of doing it about Foxconn's suicide rate and motivation theories but im not sure if i can do it about that or what i should ehh well do. I only know it's a written commentary that has to relate to the topics we have studied and that we have to use primary and secondary sources, i would really appreciate the help I'm doing my internal on How company X could decrease their suicide and turnover rate. And I'm thinking on doing it on motivation theories and how they should apply them …
Last reply by iBS2012, -
- 3 replies
- 1.1k views
..
Last reply by Keel, -
- 2 replies
- 879 views
Hello all! I'm stuck on deciding the RQ of my IA. There is this business diversifying into food courts but are deciding the menu. So i want to do a market research to know what the consumers prefer and at what price. So how can i improve the question,How can the business X use quantitative and qualitative market research to decide the food menu? any help is appreciated :)
Last reply by Jaymi, -
- 2 replies
- 4.4k views
Hey everyone!!! i am writing my econ commentary on minimum wage and I was wondering if I might include a lorenz curve to show that through minimum wage there would be better income distribution? do you guys think that would work, does it make sense? Oh and one more question. What could the different stakeholders be that I could talk about? THank you!!!!
Last reply by master135, -
- 5 replies
- 2.9k views
where can i get a high school study guide that will help me for my final in economics in foundations of economics, microeconomics, macroeconomics, and international economics.
Last reply by Summer Glau, -
- 3 replies
- 3.7k views
When are the IBO going to change the economics syllabus? I'm taking my exams this month, so what happens if i want to improve my grade next year? Do I have to learn a whole new syllabus then?
Last reply by dessskris, -
- 5 replies
- 4.1k views
Hey guys, Just writing up my B&M IA and was wondering whether analytical tools (SWOT, Force Field Analysis etc.) went in the main body or the Appendix? Appreciate any assistance Cheers, Julz.
Last reply by Ezeh,
