IB Private Tutoring | Vaid Tutoring

Struggling to grasp the complexities of IB Economics? Our private tutoring services provide personalized guidance to help you master the subject and achieve top scores in both SL (Standard Level) and HL (Higher Level) Economics.

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Aimed at students all around the world
Ideal for both SL and HL students, regardless of current performance
Targeted Internal Assessment and Extended Essay support in IB Economics
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Designed to boost tutee confidence in IB Economics

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Improved Understanding: Gain clarity on challenging topics like elasticity, market failure, and macroeconomic policies.
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Unit 1 Introduction to economics

1.1 What is economics?

1.2 How do economists approach the world?

Unit 2 Microeconomics

2.1 Demand

2.2 Supply

2.3 Competitive market equilibrium

2.4 Critique of the maximizing behaviour of consumers and producers

2.5 Elasticity of demand

2.6 Elasticity of supply

2.7 Role of government in microeconomics

2.8 Market failure—externalities and common pool or common access resources

2.9 Market failure—public goods

2.10 Market failure—asymmetric information

2.11 Market failure—market power

2.12 The market’s inability to achieve equity

Unit 3 Macroeconomics

3.1 Measuring economic activity and illustrating its variations

3.2 Variations in economic activity—aggregate demand and aggregate supply

3.3 Macroeconomic objectives

3.4 Economics of inequality and poverty

3.5 Demand management (demand side policies)—monetary policy

3.6 Demand management—fiscal policy

3.7 Supply-side policies

Unit 4 The global economy

4.1 Benefits of international trade

4.2 Types of trade protection

4.3 Arguments for and against trade control/protection

4.4 Economic integration

4.5 Exchange rates

4.6 Balance of payments

4.7 Sustainable development

4.8 Measuring development

4.9 Barriers to economic growth and/or economic development

4.10 Economic growth and/or economic development strategies

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