Struggling to grasp those tricky IB Economics Concepts? Aiming for a 7 but feeling overwhelmed? The IB Economics course, whether you’re taking Higher Level (HL) or Standard Level (SL), is a challenging yet rewarding subject. Achieving a 7 requires dedication, a strategic approach, and a genuine interest in understanding microeconomics, macroeconomics as well as the global economy. Here’s a comprehensive …
JC A-Level Economics (H1 and H2): Case Study and Data Response Tips
Junior college (JC) A-level Economics students often find it challenging to navigate through case studies and data response questions. These segments require students to have a clear and deep understanding of economic theories since the questions test their learning, in line with real-world applications. Doing well for case studies is crucial as H2 Economics Paper 1 contributes to 40% of …
Market Failure Diagrams – Positive & Negative Externality as well as Imperfect Information (Consumer Ignorance)
Perennial headache! “Cher, why my school’s market failure diagrams are so different ah?” “Mr Hong, why different school teachers teach me different diagrams for the same externality ah?” “Cher, my new teacher’s diagrams are different from my school notes!!” “I don’t understand my school’s diagrams!” You get the idea………… So I decided to produce a video and this blog post …
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