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 approached a company that is launching a new product range...they told me they are stuck in the promotion...dont know what would be better.. i therefore thought to research what is the most cost effective promotional mix for company's new product range? what do you think of that...is it a good research question?how would you change it to make it more forward looking..?
Last reply by DDuino, -
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How does the examinator check whether the word count is accurate?
Last reply by dessskris, -
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i am doing my B&M HL IA but i havent got a clue how to structure it properly and what to put in it...anybody having a sample or whatever..any tips?
Last reply by bomaha, -
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Hey. Economics is not my strongest topic and I really need help with an easy explanation of the LRAS and SRAS. If I get an easy explanation I can probably figure out the rest on my own so if anyone could help me I would appreciate it sooo much! Thanks! Moa
Last reply by GSD10, -
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Hi, I'd just like to take a little time to explain what my IA company is... I'm doing Mojang the gaming software company and I'm having trouble coming up with a good research question other than the one below. Is this a good research question? if not, what can I do to make it more specific and related to the company. What BTL online strategies could Mojang use to supplement their WOM promotions to increase revenue. Thanks in advance!
Last reply by Chris Kuno, -
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I'm just getting started on my second commentary on development economics, however I haven't got a clue as to what type of article I should be looking for! I know that it should include certain aspects that I can link to the syllabus and all, but I'm afraid that it will end up being no more than a summary of the section! Has anyone got an example of a good article or a commentary illustrating how I should approach the task?
Last reply by Keel, -
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Trying to write a macroeconomics IA on the following article: http://www.nytimes.com/2011/05/03/business/economy/03rates.html?ref=business I'm thinking of talking about proportional, progressive and regressive tax systems, the fairness factor and maybe somehow involving the Laffer Curve. So anyone willing to help me with my points; that would be great. Remember I have to make it macro.
Last reply by Summer Glau, -
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I am writing my first real Economics IA on an article about monopolies. In it I plan on comparing a monopoly with an oligopoly can i give the basic points of each market type in point structure and then just compare them a bit later?
Last reply by suggaplum, -
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Hey guys, i"m currently taking business Sl and I'll have to take the exams next month in May. Since I decided to start studying for my exam during the next week, I was wondering if there is any good study guide, which you can buy on the IBO website or download somewhere. The problem is that our class isn't even using a Business SL book from the IBO. I was looking in this forum at some of the downloadable stuff, but i'm not sure if these notes are for Business HL or SL. So if someone could tell me where to find a good Business SL study guide, that would be great Thx!
Last reply by shootingforsevens, -
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Is the most recent syllabus the one for 2009? thanks in advance
Last reply by Summer Glau, -
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Hello my beautiful IB peeps=) I am having some trouble in the analysis aspect of my essay, i have my appendices, research question etc. but just the analysis is giving me trouble. Maybe it is just the format that is giving me trouble. I am currently looking at motivation theories (Victor Vroom Expectancy Theory) and leadership styles (Situational Theory) to help my firm solve their internal problems. But i am not sure what tools and analysis to use I'm using SWOT in my appendices, but not so sure what else to use and how to incorporate that into my analysis aspect of my essay. Any help is MUCH appreciated x
Last reply by Jaymi, -
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Hi all, I'm new to IB Survival, so I hope I"m doing this properly. I'll be taking the HL Paper 2 in Business and Management this Friday. Just sat down to do my first practice test, and I'm noticing that there's a distinct trend in the questions. A short 2 mark definition, an 8 mark explanation of something, and a 10 mark discussion. All this is well and good, but what sort of depth is the IB looking for here? Should each question in all be about one page in their answer sheets? I know it depends on how thorough you are, but I'm curious as to general standards. Additionally, are there any websites/resources with revision notes and/or a subject report on it? I did a lookth…
Last reply by slack, -
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If anyone could give me some revision notes to study apart from the IB survival files. It would be great help..
Last reply by Tom Rich, -
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Let's say professor Snape is about to cast a terrible spell on all students of Hogwarts. Let's say that Harry know that professor Snape wants to cast this terrible spell on many students at Hogwarts. This spell will make them sick. Very sick. Now, Harry wants to have as many pots of magic liquid as possible, in order to be ready for this spell, so that he can then cure all the infected students with this magic liquid. When Snape casts the spell, he wants to be ready to cure everyone. However! There is not enough pots of magic liquid being made, therefore there must be a market failure because the society (Hogwarts students) will need a lot more magic pots than is being pr…
Last reply by Keel, -
B&M Past Papers
by shonit- 4 replies
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Hey everyone, I was looking for Business & Management SL past papers. I cannot find any for the new syllabus (2009 and onwards). Could anyone please post a link or upload a document (preferably with the mark schemes). Thank you very much for your help!
Last reply by shonit, -
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Hey guys, I am having some difficulties with the evaluation part of the commentary/ IA. My article and IA focus on Demand/ Supply Economics, in relation to oil. I said that oil prices were increasing due to scarcity of oil and the current uncertainties sorrounding the situation in the Middle East. This reduced supply and increasing demand from growing developing countries has resulted in high prices and a supply curve that has shifted upwards (including the shift in price and equilibrium quantity). Now to the evaluation part: What could I be talking about? The basic question from what I understood in lesson was: "Does the theory work?"- in the case of demand/ supply what …
Last reply by suggaplum, -
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Hey everyone, So long story short I was originally in Econ SL, moved to HL and never got to studying/properly understanding Theory of the Firm from Micro. Now I know that its a pretty big section and important but my question can I still get a 7 without studying it but studying everyhing else (including the other HL Topics)? My teacher says no but I think its possible because Paper 1 and 2 are very nicely divided with questions from all sections and in Paper 3 I would just have to manoevre my technique so to say. I have a high 6 on my IAs and have been getting low 6s on practice papers with no knowledge of Theory of the Firm. So is a 7 still possible by studying everythin…
Last reply by Matthew Sinclair, -
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I'll be writing my Economics SL exam in two weeks and I'm still confused as to what IB requires from each candidate when they ask them to Evaluate. In part (b) of paper 1, and the last part of each Paper 2 quesfion, each question will ask the candidate to Evaluate something. For example "Evaluate the view that the forces of demand and supply always lead to the best outcome in a free market system?" Would I state the advantages of a free market system (i.e producers may maximize profits and consumers may buy what they like) and the disadvantages, if supply and demand were left to operate alone without government intervention? (i.e externalities, demerit goods , etc) . Fin…
Last reply by Felix Lagemann, -
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Just wanted to confirm that what I'm thinking is correct: When the terms of trade of a country improve, it means that the same amount of exports buy more imports than before. However an improvement in the terms of trade means that the price of exports has increased because the currency has appreciated. Therefore the Balance of Payments for that nation would consequently worsen or improve according the the relative elasticity of the export(s). Thus if the exports and price inelastic, an increase in their price (due to the improvement in ToT) would mean a less than proportional negative change in their quantity demanded meaning that BoP would improve. However for elastic ex…
Last reply by kaus123, -
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I was wondering if anyone knew of any websites that have a good review of the topics on the upcoming IB Econmics Papers?
Last reply by suggaplum, -
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Hi Everyone, Im doing my Business Internal HL on if my dads company (gp doctor surgery). and if they should hire a already trained up nurse, or train her themselves, using their own resources etc. Just need some help and guidance as to which research methods... and which business tools i should use? Thank you so much.
Last reply by Hamartia, -
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Is knowing the definitions and diagrams (+explanation) enough to get a 4 in economics HL? Once you know the diagrams and definitions well you can kind of figure out the rest...right? My exam is on monday and I have no time to revise
Last reply by frankinafishtank, -
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In my book it says that the X-axis is labelled output while the Y-axis is labelled cost on the LRAC curve. However, shouldn't the Y-axis be labelled cost PER UNIT? As a firm is achieving economies of scale and increases in output, it doesn't make sense to me that the average cost would drop (if it's not per unit) because the firm is producing more on a larger scale. Am I wrong or can someone explain this?
Last reply by dessskris, -
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Hey people, So the exam is soon. I have made these flashcards on quizlet and they have almost all the important definitions that we will probabéy be tested on. check it: http://quizlet.com/5519140/reach-out-case-study-definitions-flash-cards/
Last reply by Son Young Kim, -
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How many words should the articles used for the economics IA commentaries be? Is about 300 words for an article ok? The last two commentaries I handed in, my teacher said the articles I choose were either too short or too long.
Last reply by dessskris, -
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So, I have this article about Australia and the cuts of medical research funding, how it will drive down the GDP by bigger amount than cuts due to multiplier. Teacher told me it's not bad, but should be, I quote "more serious evaluation and critical thinking". I am out of ideas! Currently presented ones are: * smaller efficiency - SRAS shift * people will get unemployed [source provided], leave to countries, where medical research is still seriously funded, more ppl will die = labor decreases, unemployment increases, LRAS shift to the left/PPC inwards * smaller tax receipts [from the point above] * more expensive treatment in future due to lack of innovation, so governme…
Last reply by uusinjsh, -
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seriously i am so lost, i dunno what to write i havent even picked a topic, could you please give me some ideas? or examples? please please please my teacher is not doing a very good job at explaining it and i havent even started it.
Last reply by jerseydude1993, -
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Over the two years I have always responded to paper 1 questions through an essay but now I realized that there is nothing saying that I should! I would find it much easier to answer such questions in points rather than an essay. Would I be penalized for that? Thanks
Last reply by nuka, -
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Hey guys I just wanted to know how much in detail do we need to know the business theorists and their theories? (Mintzberg, Fayol, Handy, etc.) There just seems to be so many to know comprehensively. Would i need to know them all very well in order to get a 7 in HL? Also, in trying to study for some internal exams, I found that Business has so much content it's actually difficult to study for within a couple days. So is the only way to study for business just to being weeks in advance before the exam? And if so, does anyone have any tips to remember all the content? Thanks!
Last reply by Abu, -
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Hi guys I am doing Economics Higher Level and I am working towards a 7 Can someone please give me some tips and ideas on how to achieve this? What are the grade boundaries and what does it require? Any advice is appreciated!
Last reply by The Economist, -
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Do the Swot and Pest-G ( in table form) count in the word count? I analyse and give reasoning for it after but I am wondering does the actual table count?
Last reply by PeachesOMG93, -
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Is Section 4 (Development Economics) not needed very much to get a 7 in the Economics external exam? By "not needed", I do not mean not to study it, but that we shouldn't focus too much on it. My teacher says that there are some Development Economics concepts in the exams, but if we know Microeconomics, Macroeconomics, and International Trade very well, we can get a 7 using just those and not focusing on Development Economics. Is that true? Many people are telling me so, while others are telling me that it is NECESSARY to study Development Economics... I know people who have claimed to have gotten 7s in their external exams without studying Development Economics, so I jus…
Last reply by toeynawa, -
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Hey does anyone have some notes of the case study 2011 and also if some out have some important questions abt the case to study?
Last reply by GUB, -
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Hello, I am currently working on my economics commentary and I decided to indlude more statistics. So am I permissible to use other sources sites that have their statistics. Thanks Edit: I mean without information provided in my article.
Last reply by Summer Glau, -
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I am putting the finishing touches to my IA, however, I wanted to make sure I got two thos right * In case of inflation price level goes up thus money loses its purchasing power, since 1$ will buy less than before * There is bigger demand for money because of the reason stated above, to build, let's say, house, I'll need more dollars than before * High price level is bad for export since price level of US, which will increase in comparison to other countries, will be relatively higher * High willingness to import goods from US will rise the exchange rates due to high demand for US goods
Last reply by Summer Glau, -
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Does anyone know what the word count is for a piece of HL Economics coursework? Would be really helpful!!
Last reply by evanjelly, -
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I am doing an article about a trade deficit in Bangladesh and I am talking about current trade deficit, surplus, its consequences etc you can take a quick look at the file. what diagrams can I use for this? Is it necesary for me to have diagrams? PLEASE HELP!ARTICLE 3.docx
Last reply by Keel, -
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Hey I have this book http://www.oup.com.au/titles/secondary/international_baccalaureate/9780199152285 I heard that there is a completely new syllabus for exams in 2011, don't know if this is true or not and whether if it is true, does the book contain these new changes?
Last reply by saunders is god, -
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Hello there, I'm taking Economics SL and we have to hand in our Internal Assessment Commentary 1 very soon. I am pretty much done with it, i just need some tips and advice on the evaluation part of it. My article deals with taxes that have been imposed on cigarettes in the US. I have a negative externalities diagram and an effect of taxation diagram so far. In my IA i mention the following things: 1. Demerit goods 2. Negative externalities of consumption 3. Taxation by government and its effects 4. Full cost of pollution is not covered by the price of the good itself 5. Inelastic good, so demand isn't reduced very much when prices rise My teacher claims that evaluation is…
Last reply by Keel, -
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Hi, I am in the middle of my commentary and kind of got stuck. Am writing on china imposing a tariff on some US good and don't really know which graph should i use to in a best way show this tariff? Maybe any of you could give me some advice? Thanks on forehand Cheers
Last reply by Summer Glau, -
The wordcount is 650-750 words per commentary. This includes diagrams. But there doesn't seem to be an agreement on what counts as a word in a diagram - does the label 'A' count as a word? Does a number count as a word? Does P1 count as a word? Does Psubsidy count as one word or two words? Or is this really trivial and not worth thinking about?
Last reply by Summer Glau, -
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Hey People! Can someone please explain to me what a Fixed Exchange Rate is? I am so confused right now and I have to finish this IA! Come on, anyone? Thanks a lot! -__-
Last reply by Summer Glau, -
- 1 reply
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Hi I'm writing my B&M IA (It's a bit late to do that now but due to some special circumstances my class is behind) my question is "Would the business “Fornicate for Forest” benefit from changing their organizational structure from a partnership to a sole trader?" The current situation within the business in short is the following: the relations within the business has decade due to uneven amount of work preformed (One person carry 65% of the business alone and there are 6 partners. The others are not motivated enough or dose not have the knowledge and experience to handle their assigned tasks), the work load is manageable for the moment but a increase in customers is …
Last reply by Pooja171292, -
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Can someone show me how to do this? Kim can produce 40 pies an hour or 400 cookies an hour. Laim can produce 100 pies an hr or 200 cookies an hr. What is the highest price of a pie at which kim and liam would agree to trade pies and cookies? If kim and liam specialize and trade what are the gain and trade?
Last reply by Keel, -
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I'm doing my last IA on development economics and have to hand it in tomorrow I don't know what graph to include if any, the article is about the project of building new infrastructure in Ghana, HELP PLEASE!!!!
Last reply by Keel, -
- 1 reply
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I need to draw the diagram of underprovision of merit goods but I can't find it in my notes and I don't have my textbook at home I can only find the diagram of positive externality where there are MPB, MSB and MPC=MSC curves, MSB>MPB and there is a spillover benefit. Are they just the same? If not, what is the diagram of underprovision of merit goods like? I am not too sure because I was absent when my teacher gave us this worksheet so I may have missed some information. It would be awesome if you could explain it to me. Thank you!
Last reply by Keel, -
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I will be taking the iB next year, and has been struggling to choose which course to take... I am thinking of either talking HL economics or SL Business and Management (my school only offers SL) but i recently starting thinking of taking both. Do you think it would be worth it? What can i do in college if i take these courses? Thank you!
Last reply by Lylo, -
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We are currently offered economics only in SL. If I go through the trouble of moving and switching schools I could study HL economics. If my goal is to study business in the US/UK, is it worth it to go through the trouble? What is the difference between SL and HL when applying?
Last reply by kanki6315, -
- 1 reply
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Hey y'all! I'm about to enter the mock exams and I have sat through a few economics exams before but none of them were super authentic. Like, the teacher had handpicked questions from the different exams, which we then would do. Anyways! My questions are: Paper 1 That is the "essay" question in divided into an (a) and (b), right? How many TOTAL questions will there be, how many are you supposed to answer, and what is the total time alloted? Paper 2 A short response paper with 6 questions and you pick 3 to answer. Is the total time an hour then? 20 minutes per question? Paper 3 I know it is a data response paper, you 5 questions with "articles" and are supposed to pick …
Last reply by Keel, -
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Just wanted to ask if this paragraph of my current IA is correct... REMOVED BY DESY
Last reply by dessskris,
