Table of Contents
Introduction
1. Supporting Teachers in Teaching Subject-Specific Content
Example 1: Concept-Based Learning in Economics (Page 2, Introduction)
- How it Helps Educators: The book introduces concept-based learning through the WISE CHOICES framework (Well-being, Interdependence, Scarcity, Efficiency, Choice, Intervention, Change, Equity, Sustainability).
- Classroom Application: Teachers can incorporate case studies and real-world examples to demonstrate how these concepts are applied in microeconomics, macroeconomics, and global trade.
Example 2: Demand and Supply with Real-World Case Studies (Page 46, Chapter 3 & 4)
- How it Helps Educators: Provides structured lessons on market equilibrium, elasticity, and consumer behavior, integrating real-world case studies.
- Classroom Application: Teachers can engage students in interactive market simulations where they act as consumers and firms to understand price mechanisms.
Example 3: Macroeconomic Policy and Government Intervention (Page 243, Chapter 17)
- How it Helps Educators: Explains fiscal and monetary policies, helping students analyze their impact on inflation, employment, and growth.
- Classroom Application: Educators can assign students policy evaluation exercises, asking them to assess government responses to economic crises.
2. Supporting Students in Mastering the Subject
Example 4: Internal Assessments and Data Response Techniques (Throughout the Book)
- How it Helps Students: Provides step-by-step guidance on structuring IA commentaries and responding to data analysis questions.
- Mastery through Practice: Students use IB-style data sets to practice evaluating economic policies and applying theoretical models.
Example 5: Exam Strategies for Paper 1, 2, and 3 (Page 506, Chapter 32)
- How it Helps Students: Offers structured essay writing techniques and model responses for IB exams.
- Deep Learning: Students work on timed practice papers, improving critical thinking and analytical skills.
Example 6: Global Economy and Sustainable Development (Page 542, Chapter 34)
- How it Helps Students: Examines trade policies, exchange rates, and economic integration with a focus on sustainability.
- Relevance to IB Exams: Encourages students to link economic theory to global development challenges.
Conclusion
This IB Economics textbook is an essential resource for both students and educators, offering:
- Concept-based learning that connects economic theory to global issues.
- Real-world applications through case studies and policy evaluations.
- Comprehensive IB exam preparation, ensuring success in Papers 1, 2, and 3.
- Engaging lesson activities, integrating TOK discussions and CAS connections.
For IB educators, this book provides lesson-planning support, data-driven activities, and structured assessments, while students gain strong analytical and evaluation skills necessary for the IB Economics course.
Economics for the IB Diploma
$79.00
IB Economics Guide for the Updated 2020 Syllabus by Paul Hoang This comprehensive resource, written by bestselling author Paul Hoang, is specifically designed to address the changes in the 2020 IB Economics syllabus. Covering all topics through inquiry, concepts, content,… read more
