Join our expert tutor, Jon, as he provides you with Economics IB-Mock Revision Tuition; Our 2-day group course will provide you with the revision and understanding you need to be totally prepared for your coming examinations. We will review all topics from Microeconomics, Macroeconomics, and The global economy. We will also revise the examination papers you will write for both higher level and standard levels. Check out the curriculum breakdown and plan for the 2 days below.
Day 1
- The foundations of Economics - a quick overview of core concepts that we will use to provide analysis and evaluation of further economics topics
Microeconomics:
- Competitive Markets: The price mechanism and efficiency of markets
- Elasticities: (PED, PES, YED)
- Government Intervention in Competitive Markets
- Market Failure (Negative and Positive Externalities) - Common pool resources and equity in markets.
- Market Failure with regards to Market Power (HL only)
Macroeconomics:
- The level of overall economic activity
- Aggregate Demand and Aggregate Supply
- Macroeconomic Objectives
- Economics of inequality and poverty
Day 2
- Demand and Supply Side Policies
The Global Economy
- International Trade
- Exchange Rates and Balance of Payments
- Further topics on Exchange Rates and BOP (HL Only)
- Understanding Economic Development
- Barriers to Economic Growth and Economic Development
- Strategies to Promote Economic Growth and Development
- Assessment Review
- Paper 1
- Paper 2
- Paper 3 (HL only)