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Hi. Does anybody have tips for SL Economics?

I find the subject to be extremely complex and its my worst subject (Alongside English SL)

Many people say its easy. Its not. Math HL is 100000 times simpler than SL Economics....

 

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  • 10 months later...

Hey! Here are a few tips for you:

1. Read, read and read.... whenever you find any news articles related to Economics, try making connections back to concepts you have already learnt: This will help you better understand and apply concepts particularly for Paper 2

2.  For Paper 3, practice all quantitative questions from the Ellie Tragakes textbook "Economics for the IB Diploma" .... This is a GREAT book that will help you understand and answer nearly all types of paper 3 questions [REMEMBER: always show every step while doing Mathematical calculations]

3. For Paper 1, learn all theory well.. practice through videos, the textbook and draw graphs repeatedly to ensure you get it right 

Oops..I might be a bit too late on this thread! Just realised now :) 

Edited by VB1
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On 8/19/2020 at 6:58 PM, VB1 said:

Hey! Here are a few tips for you:

1. Read, read and read.... whenever you find any news articles related to Economics, try making connections back to concepts you have already learnt: This will help you better understand and apply concepts particularly for Paper 2

2.  For Paper 3, practice all quantitative questions from the Ellie Tragakes textbook "Economics for the IB Diploma" .... This is a GREAT book that will help you understand and answer nearly all types of paper 3 questions [REMEMBER: always show every step while doing Mathematical calculations]

3. For Paper 1, learn all theory well.. practice through videos, the textbook and draw graphs repeatedly to ensure you get it right 

Oops..I might be a bit too late on this thread! Just realised now :) 

Econ HL student here! could you please share links to the videos and the news articles you read through please? it would be of much help

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On 8/26/2020 at 12:02 AM, MellowDi said:

Econ HL student here! could you please share links to the videos and the news articles you read through please? it would be of much help

I'm glad you asked! I find the videos by Jason Welker particularly helpful in understanding all the theory. Here's the link if you'd like: https://www.youtube.com/user/welkerjason

As I've mentioned earlier, the application is equally important. When I said news articles, I meant reading/watching the news everyday. If you find any news articles that are based on the concepts you have just learnt, try understanding the article, its causes, consequences and more. Some great resources for these are:

The Guardian: https://www.theguardian.com/international

BBC News: https://www.bbc.com/news

CNN: https://edition.cnn.com/world

Hope this has helped you! If you're interested in additional help for Economics, I've created a super useful resource (flashcards with short, concise definitions) that contains ALL the key words and terms that you need to know for both Macroeconomics and Microeconomics (SL and HL terms included). This is really great for reference just before an important exam, using these definitions in your IAs or simply skimming through while you're in the mood to quickly recall what you've learnt. The link is below:  

https://www.stuvia.com/flashcard/113958/macro-and-micro-a-z-key-terms 

Do check it out and let me know what you think. Looking forward to hear from you soon! 

 

Edited by VB1
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8 hours ago, VB1 said:

I'm glad you asked! I find the videos by Jason Welker particularly helpful in understanding all the theory. Here's the link if you'd like: https://www.youtube.com/user/welkerjason

As I've mentioned earlier, the application is equally important. When I said news articles, I meant reading/watching the news everyday. If you find any news articles that are based on the concepts you have just learnt, try understanding the article, its causes, consequences and more. Some great resources for these are:

The Guardian: https://www.theguardian.com/international

BBC News: https://www.bbc.com/news

CNN: https://edition.cnn.com/world

Hope this has helped you! If you're interested in additional help for Economics, I've created a super useful resource (flashcards with short, concise definitions) that contains ALL the key words and terms that you need to know for both Macroeconomics and Microeconomics (SL and HL terms included). This is really great for reference just before an important exam, using these definitions in your IAs or simply skimming through while you're in the mood to quickly recall what you've learnt. The link is below:  

https://www.stuvia.com/flashcard/113958/macro-and-micro-a-z-key-terms 

Do check it out and let me know what you think. Looking forward to hear from you soon! 

Thanks for sharing!

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