How to Do Well in IB Economics in 2025?
IB Economics can be demanding. There's theory, there’s application, and then there’s the constant reminder that you’re supposed to think like an economist. But once you understand what the course is really asking of you, things start to fall into place. Here are a few things that can make a real difference. Get to grips with the core ideas early on IB Economics revolves around a set of key concepts—like scarcity, equity, sustainability, and intervention. These aren't just buzzwords. They’re the lens through which you're expected to analyze every issue. If you can connect what you’re learning to these ideas, you’ll do more than just answer the question—you’ll answer it well. Diagrams matter more than you think You’ll use diagrams all the time: for markets, for policies, for failures and fixes. But it’s not just about drawing them correctly. What matters is how well you explain what’s going on in the diagram. Keep your labels clear, show shifts properly, and link the diagr...