IB Economics Tutors in Abu Dhabi. Get the best IB Economics Tuition in Abu Dhabi and score a perfect 7. Learn with IB Online Economics Tutors in Abu Dhabi who are hired from top IB schools by Your Personal Classes (Y.P.C) academy.
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IB Economics Tutors in Abu Dhabi
- IB is an International level program. It evolves students into critical thinkers, world developers, and analysts who can bring peace and stability to the world.
- Moreover, the International Baccalaureate program is relatively more difficult than the other certificate programs.
- One learns how to manage society through one’s intellectual capability. Apart from this, IB is a two-year diploma program that earns you mastery in the subjects of your choice.
- IB Economics is a group 3 subject from the group of Individual and Societies. IB Economics is an amazing subject where you can learn numerous solutions of day to day socio-economic problems.
- Also, in IB Economics, you study the economy of different countries. Once you complete the IB Economics course, you gain mastery of the subject.
- On the other hand, our expert IB Economics Tutors in Abu Dhabi help you build an economist attitude. So, your approach toward worldly and societal problems changes in positive thinking.
- Rather than blaming and criticizing, you learn how to find solutions to economic problems. Here are some basic questions related to IB Economics.
1. What/ How much to produce?
Scarce Resource choices, military spending, schools, hospitals, restaurants, etc., requirements. (Allocation problem)
2. How to produce?
There are several ways to produce the same good or service: production methods that maximize profit and minimize cost vs production methods that maximize employment? ( Production problem)
3. For whom to produce?
Should goods and services be distributed to those who can afford to pay, or should everyone get a fair share according to their needs? ( Distribution problem)
Major Topics and sub-topics trimmed in IB Economics
1. Microeconomics
- Law of Demand and Demand Curve
- Non-Price Determinants of Demands
- Law of supply and the Supply Curve
- Non-Price Determinants of Supply
- Market Equilibrium and Role of Price Mechanism
- Market Efficiency, Consumer Surplus, and Productive Surplus
- Price Elasticity of Demand (PED)
- Determinants of Price, Elasticity of Demand
- Income elasticity of Demand (YED)
- Price Elasticity of Supply (PES)
- Government Intervention- Subsidies
- Government Intervention – Price Ceilings
- Government Intervention – Price Floors
- Market Failures- Introduction, Externalities, Negative and Positive Externalities
- Public, Merit, & Demerit Goods
- Common Access Resources and Sustainability
- Fossil Fuels and Threats to Sustainability
2. Macroeconomics
- Low Unemployment
- What is unemployment?
- Types and Causes of Unemployment
- Consequences of Unemployment
- Low Stable Inflation
- Definitions and Measurement of Inflation
- Consequences of Inflation and deflation
- Types and Causes of Inflation and Policies to deal with Inflation
- Phillips Curve (Short Run and Long Run)
- Economic Growth
- Definition and Calculation
- Causes of Economic Growth
- Consequences of Economic Growth
- Equity in Distribution of Income
- Poverty
- Role of Taxation
- Other Measures to Promote Equity
3. What is Economics?
4. What is Political Economy?
5. How do Economists approach the world?
6. What is International Economics?
7. What is Development Economics? Etc.
Sample questions suggested by our IB Economics Online Tutors in Abu Dhabi are-
1. Define the term economic growth? (2)
2. Define the term current account? (2)
3. Using information from Text A, Paragraph d, and Table 1, calculate the GDP in USS PPP for Nigeria for 2015. (3)
4. Using a market failure diagram, explain how the two oil spoiled in 2008 could represent a negative externality. (Text B, Para c). (4)
5. Using a Lorenz Curve diagram, explain what happened to income inequality in Nigeria between 2010 and 2014 (Table 2). (4)
- So, above are the types of questions you will face during the IB Economics exam. There is nothing to be panicked about.
- Our experienced IB Economics Tutors in Abu Dhabi know the level of difficulty.
- Also, our expert IB Economics Tutors in Abu Dhabi will commence your preparation in a way that you will find simpler and easier on the examination day.
IB Economics Assessment Pattern followed by our IB Economics Tuition in Abu Dhabi
You need to attend 2 and 3 papers for SL and HL Economics, respectively
IB Economics Paper 1 ( Both SL and HL)
- It is based on essays provided in the question paper itself. This paper has two sections. Section A consists of 2 questions where you need to answer only 1.
- It will be based on the syllabus of Microeconomics. Section B consists of 2 questions where only 1 question needs to be answered.
- It will be based on the syllabus of Macroeconomics. The sections will also be divided into a and b parts which are mandatory. Both parts will ask you to explain and classify, respectively.
- This paper is 50 marks paper. It will carry 40% weightage for SL students and 30% for HL students. The paper needs to be completed in 1 hour and 30 minutes.
- IBO will give additional 5 minutes only to read the question paper.
IB Economics Paper 2 (Both SL and HL)
- It will be based on data acknowledgment. This paper has two sections. Section A consists of 2 questions where you need to answer only 1.
- It will be based on the syllabus of International Economics. Section B consists of 2 questions where only 1 question needs to be answered.
- It will be based on the syllabus of Development Economics. The sections will also be divided into a, b, c, and d parts which are mandatory.
- All four parts will ask you to explain, analyze, draw, discuss, and classify. This paper is 40 marks paper. It will carry 40% weightage for SL students and 30% for HL students.
- The paper needs to be completed in 1 hour and 30 minutes. IBO will give additional 5 minutes only to read the question paper.
IB Economics Paper 3 (Only for HL)
- It will be based on real mathematics.
- So, you need to select any 2 questions out of 3, which can be from anywhere in the Microeconomics, Macroeconomics, International economics, and Development economics syllabus.
- The paper is 50 marks which contributes 20% weightage for HL students.
- The paper needs to be completed in 1 hour. Additional 5 minutes is given only to read the question paper.
IB Economics IA (Internal Assessment) for HL and SL
- It consists of 20% weightage. You need to submit your assessments in at least 750 words.
- Diagrams, headings, acknowledgments, labels, etc., are excluded from the word count.
- You will have to submit at least three ideas from all the aspects of economics, i.e. Macro and Micro Economics, International Economics, and Development Economics.
- If you are worried about your IA, you need to know that our IB Economics IA Tutors in Abu Dhabi are experts in these. With their help, you can easily get full marks in your internals.
Our IB Economics Tutors in Abu Dhabi are tickets for you to attain grade 7 successfully.
- Our IB Economics Tutors in Abu Dhabi help you get thoroughly familiar with the exam pattern.
- Our expert IB Economics Tuition in Abu Dhabi make you do past year practice sets thoroughly again and again.
- They set deadlines to prepare you to complete your papers on time.
- Our IB Economics Tutors in Abu Dhabi teach you how to manage time, where to dedicate more time and where less.
- Our IB Economics Tuition in Abu Dhabi motivate and empower you enough so that you never face breakdowns or give up.
- They make you practice the numerical daily to get accustomed to them.
- Our IB Economics Tutors in Abu Dhabi render you rehearse the diagrams of economics daily for a specific time with freehand drawing so that you get used to it.
- Our IB Economics Tutors in Abu Dhabi teach you how to write answers point to point, with relating diagrams and labelling, and appropriate examples for each of your points. Tips by our professional IB Economics Tutors in Abu Dhabi-
- Pick subjects of your choice that interests you.
- Never listen to others’ advice. Whatever they say, focus on yourself.
- Never give up; keep faith and patience in your hard work.
- Don’t get distracted. Focus on your goals and achievements.
To conclude
- YPC IB Economics Tutors in Abu Dhabi are the best options to achieve your golden grades. We proffer both online and offline IB Economics tuitions.
- And also, Your Personal Classes or YPC provide personalized IB Economics Tutors according to your need. Apart from this, our recorded sessions have always benefitted the students.
- And also, the study materials that our IB Economics faculty provides are the real source of easy passing your exams with the best grades.
- To gain fruitful results and a greater understanding of the subject, join our YPC tuition classes. The friendly nature of our tutors will immensely help you boost your confidence.
- You will start developing an interest in economics. Our dedicated IB Economics Tutors in Abu Dhabi teach you every minute detail of the topic.
- YPC tutors conduct special sessions for doubt clarification and performance-boosting. We assure you of your promising results. To know more about us, contact our help desk and know everything you want.
Note: KIndly Cross check the information given here with official IB website for any error or mismatch.