Other IB tuition agencies offer students packages of hours. Often, these come with titles like “Exam Starter Pack” or “Complete Subject Support”. While we understand the economies of savings these offer students and families, we have a strong belief at EIB that every student is different, needs to find the tutor that works for them, and needs the support and guidance to explore the IB at a pace and in a way which matches their learning style. We do not believe all students can be tutored for an exam in the same 10 hour block and think it irresponsible to suggest standardised learning like this will work for every student. Instead, we ask families to work with EIB and their tutors to make sure the support they’re receiving offers the best progress and approach for their circumstance.
We find students who are struggling to enjoy or engage with an IB subject benefit particularly from Standard Tier tutors, whose youth and enthusiasm for their subjects can help enthuse students and motivate them to devote more time and effort to the subject.
Many of our Higher Tier tutors are IB teachers and IBO Examiners, which make them ideal for students who are looking to extend the classroom environment to their home, and learn with the structure and authority teachers provide.
For many students, this will be the first time they encounter Economic theory and the subject requires a new mode of understanding. Compared to other IB subjects, the slender syllabus should be contended with in terms of its quality rather than its quantity, and students must develop a keen awareness of how to apply their knowledge in assessments. Applying economic theory involves the analysis of media, such as news articles, combined with skills that students will be familiar with from Mathematics, such as working with data sets and diagrams.
IB Economics is a subject that looks at economic activities and their interdependence. Starting from the fundamental issue of scarcity, the subject looks at how choices are made between competing needs and resources at different levels, from the individual consumer to the global economy. Students explore key concepts of efficiency, sustainability, equity and government intervention, as well as the links between them. Students ultimately grow to appreciate the values and limitations of economic models in relation to real-world economic behaviour and outcomes.
Students are first introduced to economic perspective, and then explore economic theory at different levels, including microeconomics, macroeconomics, and the global economy. The main outcomes are to develop critical understanding of numerous concepts at each level, as well as to apply concepts and analyse data to understand real-world economic problems, and develop an understanding of individuals and societies’ behaviour and consequences of economic decisions.
Economics can act as a foundation for many paths of study and work, including within finance, banking, NGOs, insurance, investment, IT, and international development, as well as in the private or public sectors. Roles benefiting from a background in economic theory are diverse and can include accountant, analyst (including actuarial, financial risk, investment, political risk), auditor, statistician, stockbroker, administrator, and management consultant.