The subject is taught in a discursive manner so that those who read newspapers, watch the news and have an international mind-set will find it most interesting. There is a strong emphasis on the international perspective and pupils must be willing to consider economic theory from beyond the British perspective. A wide range of ideas and theories are covered in both the HL and SL courses and the ability to bring these together and then apply them to real events from around the globe is essential to success. They syllabus is divided into four sections for both HL and SL students: Microeconomics, Macroeconomics, International Economics and Development Economics. Microeconomics covers the fundamental economic question of scarcity of resources, how the free market works (supply and demand), how markets fail, and what governments can do to make the economy more efficient. Macroeconomics considers the performance of the national economy and government policies to manage the economy. International Economics involves looking at the benefits of international trade, the issues surrounding protectionism and also exchange rates. Development Economics considers what factors contribute to economic development.
The key to a good result in IB Economics at both HL and SL is that pupils should be able to think logically. An interest in current affairs, an appreciation of differing international perspectives and the ability to communicate these with others are also essential. It is not necessary to take any particular level of Mathematics as part of the IB Diploma Programme. However, those thinking of taking Economics at university should take Mathematics HL as this is often the requirement for entry to study Economics at the best universities.
About Education Provider
| Region | South East |
| Local Authority | Surrey |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | £47,535 |
| Sixth Form Fee | £38,367 |
| Address | Godalming, GU7 2DX |
The subject is taught in a discursive manner so that those who read newspapers, watch the news and have an international mind-set will find it most interesting. There is a strong emphasis on the international perspective and pupils must be willing to consider economic theory from beyond the British perspective. A wide range of ideas and theories are covered in both the HL and SL courses and the ability to bring these together and then apply them to real events from around the globe is essential to success. They syllabus is divided into four sections for both HL and SL students: Microeconomics, Macroeconomics, International Economics and Development Economics. Microeconomics covers the fundamental economic question of scarcity of resources, how the free market works (supply and demand), how markets fail, and what governments can do to make the economy more efficient. Macroeconomics considers the performance of the national economy and government policies to manage the economy. International Economics involves looking at the benefits of international trade, the issues surrounding protectionism and also exchange rates. Development Economics considers what factors contribute to economic development.
The key to a good result in IB Economics at both HL and SL is that pupils should be able to think logically. An interest in current affairs, an appreciation of differing international perspectives and the ability to communicate these with others are also essential. It is not necessary to take any particular level of Mathematics as part of the IB Diploma Programme. However, those thinking of taking Economics at university should take Mathematics HL as this is often the requirement for entry to study Economics at the best universities.