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Found 14 results

  1. Hey everyone! It's great to be part of a community with fellow IB experts! I'm relatively new to this platform so feel free to suggest any feedback or any tips to consider while contributing. I'm currently in year 12 (second year of IB). One of the subjects I have taken is Economics HL. The one thing I've noticed was how time consuming I along with a few friends of mine who took the same subject found in writing down definitions for every key term while answering paper 1 questions and considering the current situation of coronavirus, the importance of this in IAs. So, I've created a
  2. Hey everyone! It's great to be part of a community with fellow IB experts! I'm relatively new to this platform so feel free to suggest any feedback or any tips to consider while contributing. I'm currently in year 12 (second year of IB). One of the subjects I have taken is Economics HL. The one thing I've noticed was how time consuming I along with a few friends of mine who took the same subject found in writing down definitions for every key term while answering paper 1 questions and considering the current situation of coronavirus, the importance of this in IAs. So, I've created a
  3. Hi, I have a question about paper 1 that I would like to ask you guys about. So... how do I use real world examples for Macroeconomics? I find it pretty difficult to use real world examples for many topics in macroeconomics because we can't talk about a single product or a market, but we must look at the entire economy in general. For example, I think its pretty hard to think of an example to answer a question like "Explain the reasoning behind the shapes of the short-run aggregate supply (SRAS) curve and the long-run aggregate supply (LRAS) curve". What would you guys suggest?
  4. Quick question So my econ book says “If there is unanticipated inflation or inflation greater than that anticipated by banks and incorporated into the rate charged to borrowers, then the real interest rate will be reduced and households induced to spend on durable goods” But it doesn’t explain why JUST durable goods Can someone help me with this? xx thanks!
  5. Hey guys Is this a fine article for my commentary? Inputs pls http://money.cnn.com/2016/04/05/news/economy/reserve-bank-india-interest-rates/
  6. Hey guys So I'm just practicing some questions from Ellie Tragakes (http://osboskovic.edu.rs/dev/gimnazija/sites/default/files/pomoc_u_ucenju__ib_1_exam_practice_paper_1.pdf) for macro. Now some of them are pretty straightforward. Can you please go through some questions and find out if any of these have a chance of coming in the finals or will they be more complex? Also the questions in this for unemployment are limited, so is unemployment a very small part of the syllabus in the finals? Thanks
  7. Hey Has anyone taken AP? I've done Micro economics and Macro I've received 3... How is it going to affect my future application for university and career?
  8. What did you all think about the paper 1? Found it pretty hard and not at all what i expected, so atm just hoping for lower grade boundaries and that the other two papers will be easier
  9. 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!
  10. Is this article fine for a macroeconomics commentary?? http://blogs.marke****ch.com/thetell/2013/11/12/softer-u-k-inflation-eases-pressure-on-boe-to-hike-rates/
  11. guys, i have been working on my macro. commentary for a while now, but i looked at it after a while today and noticed something which i feel may make me have to change it.. here's the article: The Reserve Bank of India (RBI) lowered its key rate to 7.25% from 7.5%. India's growth rate has dipped, amid a slowdown in key sectors such as manufacturing, prompting the government to lower growth forecasts. As a result, the central bank has been under pressure to take steps to help stimulate a fresh wave of economic growth in Asia's third-largest economy. However, the bank - which has taken some mea
  12. So I'm doing a commentary on country X's decision to hike up interest rates. One of my evaluation sounds like this: high Interest rates => lower consumption by households => business revenues fall => businesses close => government revenue from corporate taxes fall => distribution of income and equality worsens. I just thought about it today and I'm not sure if this is something sensible to write about in my commentary. Any thoughts?
  13. Hey Guys, For my first macro econ IA, I have covered the topics of unemployment and inflation as they are close related and interest rate as it was mentioned in the article. My teacher asked me to write another macro IA, except I have covered all the topics you can possibly discuss. What should I do? Do one of those topics again? Maybe someone has a suggestion? Also what are the different sections the IAs can come from? Microeconomics, macroeconomics, international economics and development economics .. correct? Thanks a lot, Louis
  14. Hi, Does anyone know what knowledge we are required to know for paper 1 and paper 2? How are the different sections of economics divided in the exam (micro and macro, paper 1 and international and development, paper 2?) I really need to understand this before the exam! Thank you, and good luck with the exams!
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