IB Economics
HLIB Economics HL tuition: micro, macro and global economics, diagrams, HL calculations, data-response, essay writing, evaluation and IA commentary guidance.
Overview
IB Diploma Economics is built around four units: introduction to economics, microeconomics, macroeconomics, and the global economy. Higher Level (HL) students study the same units as Standard Level in more depth, with extra HL content and more quantitative work, such as calculating elasticities, costs and revenues, multipliers and exchange-rate effects.
Nine key concepts run through the course: scarcity, choice, efficiency, equity, economic well-being, sustainability, change, interdependence and intervention. Examiners and IA moderators expect you to use them.
Classes are led by Paul William, founder of TutorPOD. Lessons break each topic into small, manageable ideas, then practise them in the exact format of each paper. You get comprehensive notes, revision packages before exams, timed paper practice with personalised feedback, and IA mentoring for your commentaries.
One student, Jordan Neo from SOTA, scored a 7 in IB Economics HL after starting Year 5 struggling with the content. Classes run live online and in person in Singapore, in small groups or 1-to-1.
Taking the course at Standard Level? See IB Economics SL. Many students also take IB Business Management HL, which shares a lot of economic thinking.
Topics
Resources
Free resources for this subject are being prepared by our tutors.
Request a resourceFind a tutor
10+ yrs teachingProfessional ACCA, CIMA & IB Business Lecturer in Singapore
A Singapore-based professional tutor and mentor with a triple-qualification advantage (ACCA, CIMA and CA Singapore), specialising in professional accounting qualifications and IB Business & Economics.
BT · MA · FA · LW · PM · …
FAQ
HL is assessed by three exam papers and an internal assessment. Paper 1 (extended response) is worth 20%, Paper 2 (data response) 30%, Paper 3 (policy paper, HL only) 30%, and the internal assessment portfolio 20%.
The IA is a portfolio of three commentaries, each based on a published news article. Each commentary applies economic theory and diagrams to the article, uses a different key concept, and comes from a different unit of the course.
HL covers extra content, including more quantitative work, and sits Paper 3, a policy paper where you calculate, explain and recommend a policy. SL students sit only Papers 1 and 2.
Know your definitions and diagrams precisely, practise evaluation in every Paper 1 part (b), and do plenty of timed Paper 3 practice so the calculations become routine.
Yes. IA mentoring covers choosing articles, linking them to the right theory and key concept, and drafting commentaries, within the IB's rules on the support a teacher or tutor can give.
Your route
Same level
05 · Perform
A 7 in IB Economics HL
“When I first started taking Economics HL in Year 5, I struggled with understanding concepts as well as the content. Paul was recommended to me by a friend who was also under his tutelage. From the very first lesson, it was evident that Paul would be a great help to me in Economics. Paul would help break down concepts into small digestible bits, making it easier for me to understand and internalise even the most confusing concepts. Paul's teaching method has helped me to gain a better understanding of the concepts thus, reducing my reliance on memory work. Besides being a committed Economics tutor, Paul has also demonstrated genuine care and concern for his students. Before being under Paul's tutelage, scoring a 7 for Economics was but a distant dream but Paul has helped me to make it a reality.”
