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IB Economics is offered at Higher Level (HL) and Standard Level (SL). For students who would like to further their studies in Economics or business-related disciplines at university, it is recommended that they take Economics at HL. Please note that for students applying to Economics at top UK/US universities, IB Mathematics HL may also be a pre-requisite and is definitely desirable.
IB Economics focuses heavily on application. Even though most students have a firm grasp of the economic concepts, they may still find it challenging to write an Economics essay under timed conditions. This involves skills such as connecting news articles to relevent theories and explaining the key assumptions that emerge.
In addition, the Economics Internal Assessment (Econ IA) is a very important component in IB Economics, since it constitutes 20% of the overall grade. The Economics IA requires students to write 3 commentaries covering different topics. To do well, you must select a newspaper article that discusses a specific economics topic (so the scope of the commentary is appropriate) and enhances both analysis and evaluation in your commentary to fulfil the marking criteria of the Econ IA
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