How hard is it to get a 7 in your IB Economics Course
Most IB students choose Economics because they believe it will be an easy seven and raise their overall score. IB economics is one of the IBO’s more challenging courses, though.
Terminologies
IB Economics can often feel like a foreign language because of all the new words that are being thrown at you; learn it as such! Use the terms in your comments and practice giving definitions. A seven aspirant must choose one source from the start of the IB program and never, ever change it. Since there is no official IB book, students have a wide selection of books to choose from, but one must choose a single source to avoid confusion.
Diagrammatic representation
The main consideration in economics is diagrammatic representation. Create orderly diagrams. Don’t forget to give your diagrams the appropriate labels. Never overlook your diagrams’ legends, titles, labels, and hints. Never attempt to duplicate your diagrams.
It is not enough to simply memorize and accurately recreate diagrams if you want to receive a high grade. The diagrams must be understood by the students to the point where it is simple for them to illustrate changes and explain those changes on a diagram. Any seven aspirants must be able to draw any diagram while wearing blinders. Practice this by reading articles on various topics and giving yourself precisely one minute to create the diagram that best represents the issue.
Well Informed
The IB’s extended answer asks students to provide examples in their explanations, which is one of its distinctive characteristics. This also implies that textbooks and lecturers typically provide the standard examples. However, examples tend to be more relevant and better fit if a student has a broader understanding of the real world and is able to consider and provide examples from recent occurrences.
At least two hours per day should be set out by each Seven Seeker for reading and watching the news. Many students believe that new examples are not required for paper 1 problems, although they are essential for those who are seeking a 7. To keep your response engaging from the outset, try referencing recent news subjects.
The student’s comprehension of economics and the actual world will grow as they remain informed by consistently reading newspaper articles, viewing the news and web videos, and even engaging in conversation with others.
Importance of IA’s
Prior to the exam, a student should be earning the highest possible scores in order to receive a 7 in IB Economics. You can guarantee that you can receive a 7 under pressure-free circumstances by using internal assessments. They also have a significant impact on your ability to receive a strong expected grade for college applications.
Select the IB Internal Assessment topic that most closely relates to the organization of your coursework. Always remember to make informed decisions and to steer clear of subjects that do not offer a thorough and in-depth evaluation. Make sure you select a subject on which you are knowledgeable. Avoid choosing a difficult topic because doing so won’t help you get extra credit.
Be persistent
IB Economics features a broad syllabus with many novel topics and an exam that includes text analysis, calculations, and essay-based solutions. Specific students may feel overwhelmed and do poorly on some topics or assignments as a result. But the secret is to keep studying and to learn from your mistakes!
Past year papers
Solving previous year’s questions can give you a quick overview of the question format. These are accessible through a number of internet sites. If you don’t have much time, you can also use online tools offered by Ed-tech companies like Tribe Topper to completely go over previous year’s exams.
The student must begin reviewing year 1 test questions for paper 2. The majority of educators choose to follow the conventional order of teaching: microeconomics first, followed by macroeconomics, international economics, and ultimately development. As a result, only micro and macro are taught to students in the first year, with the remainder being covered in the second.
Therefore, first-year students begin their study of international development and trade during their spring and winter breaks. Additionally, they should begin daily practice of the Paper two questions as soon as they have finished one of the units.
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Be descriptive
Never assume that the person reviewing your essay understands economics or is familiar with its jargon, theories, and concepts. It is advisable to write properly and to explain concepts and notions. This will have a positive impact on your answer sheet and increase your score.
For instance, if a question on the price elasticity of demand is to you. Then go over the definition of price elasticity of demand and introduce the idea of PED. Continue responding to the query further. Remember that you must include a brief explanation of the terms and concepts. Don’t write a comprehensive list of your topic-related thoughts. Try not to include everything you know about the subject in your essay.
By doing this, you will overlook the key information on the topic, lose track of time, and be unable to complete your exam in a timely manner.