Master the Core Curriculum, 3 IA Commentaries, and Paper 3 Policy Exam with Examiner-Level Online Tutoring Globally.
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If you are aiming for a Level 7 in IB Economics, you already know that "knowing the theory" isn't enough. The International Baccalaureate doesn't just test your memory; it tests your ability to Evaluate (AO3) and Synthesize (AO4). At Educifly, we bridge the gap between textbook definitions and examiner-ready analysis. We provide premium 1-on-1 tutoring that focuses on the two things that actually move the needle: Real-World Examples (RWEs) and Nuanced Evaluation.
At a Glance – The IB Economics Standard
Syllabus Focus
The 9 Key Concepts
Assessment Objectives
AO1 (Knowledge), AO2 (Application), AO3 (Analysis), AO4 (Evaluation)
Exam Components
Internal Assessment (IA)
Portfolio of 3 News-Article Commentaries (Micro, Macro, Global)
Foundation (MYP)
Strategic transition from MYP Individuals & Societies to DP rigor
Why Generic IB Economics Tutoring Fails
Most tutoring platforms treat Economics like a history subject. They ask you to memorize shifts in the AD/AS curves. But on the real exam, the difference between a Level 5 and a Level 7 is Evaluation.
1. The "Real-World Example" (RWE) Deficit
You cannot get top marks in Paper 1 Part (b) without Real-World Examples. If your essay on Monopoly doesn't mention Google’s Antitrust cases or De Beers’ diamond control, your score is capped. We provide a curated Live RWE Bank updated weekly
2. The Evaluation Barrier
We teach the CLASPP framework:
Conclusion: A definitive, evidence-based judgment.
Limitations: Why the economic model might fail in reality.
Assumptions: Challenging "Ceteris Paribus" and consumer rationality.
Stakeholders: Analyzing the impact on Consumers, Producers, and the Government.
Priorities: Short-run pain vs. long-run structural gain.
3. The Paper 3 "Government Advisor" Mindset
HL students often struggle with the Paper 3 policy recommendation. We train you to take your calculations (like a 2.5 Multiplier or a Gini Coefficient change) and turn them into a professional policy advice.
Syllabus Deep Dive: Mastering the Four Units
Unit 1: Introduction to Economics
Everything starts with the 9 Key Concepts. We show you how to weave Interdependence into an International Trade essay and Sustainability into a Market Failure commentary. We focus on the Production Possibility Curve (PPC) and the fundamental economic problem.
Unit 2: Microeconomics (The Core of HL)
This is where many students lose confidence, especially with the Theory of the Firm.
Demand and Supply: Master elasticities ($PED, YED, XED, PES$) and intervention tools (Indirect Taxes/Subsidies).
Market Failure: A high-scoring area. We cover Negative/Positive Externalities and Common Access Resources.
Theory of the Firm (HL Only): We simplify the four market structures: Perfect Competition, Monopoly, Oligopoly (Game Theory), and Monopolistic Competition. You will learn to draw the relationship between $MC$, $ATC$, $AR$, and $MR$ curves with absolute precision.
Unit 3: Macroeconomics (The National Economy)
We teach the fundamental conflict between Keynesian and New Classical (Monetarist) perspectives.
Models: Master the difference between the vertical LRAS and the curved Keynesian AS.
Objectives: Inflation (CPI), Unemployment, and Economic Growth vs. Development.
Inequality: Mastering the Lorenz Curve and the math behind the Gini Coefficient.
Unit 4: The Global Economy
This unit explores how nations interact through trade and finance.
Trade: Comparative vs. Absolute advantage and the impact of Protectionism (Tariffs, Quotas, Subsidies).
Exchange Rates: Floating, Fixed, and Managed systems.
Development: Moving beyond GDP to the Human Development Index (HDI) and the Sustainable Development Goals (SDGs).
Physics IA
Scoring 7/7 on the Economics IA Portfolio
The Internal Assessment (IA) is a portfolio of three 800-word commentaries. This is your "safety net."
✅ Article Sourcing
We find "un-analyzed" news articles from sources like Reuters so you get the analysis marks, not the journalist.
✅ Diagram Precision
We teach you to draw digital diagrams that are perfectly labeled (e.g., $P_1, Q_1, DWL$) and directly referenced in your analysis
✅ Key Concept Linkage
We ensure each commentary is anchored to a specific concept (e.g., Intervention or Equity) to satisfy the modern rubric.
How Our IB Economics Tutoring Works
Our 3-step system ensures fast improvement and deep understanding:
WHO THIS IS FOR
Exam Papers
Cracking the Exam Papers
✅ Paper 1 (The Essay)
We use the DEED Method (Definition, Explanation, Example, Diagram). We teach you to manage your 75 minutes so your Part B evaluation is as strong as your Part A analysis.
✅ Paper 2 (Data Response)
Learn to "milk" the provided text. We teach you how to quote data effectively to support your models and how to handle the 10-mark evaluation question.
✅ Paper 3 (HL Policy Paper)
We teach you to calculate equilibrium, tax revenue, and multipliers, then pivot into the Policy Recommendation where you act as a government consultant.
Scores improved. Confidence restored. Doors opened
Richa Jain
Founder of Educifly
Teaching experience since 2010.
Common questions answered clearly
Let's get started
Stop Guessing. Start Evaluating
The difference between a 5 and a 7 isn't more study—it's better strategy. Book your free diagnostic session with an Educifly Economics expert today and master the curriculum for good.