- Open Events
- A Level
- IB Diploma
- Register Now
About this course
Economics is a stimulating and intellectual course that enables students to develop an understanding of the how our world is shaped by complex and interrelated economic activity. The fundamental problem of scarcity – the gap between limited resources and theoretically limitless wants – underpins the subject as students explore how choices are made about what is produced, how much is produce and who receives it.
Students consider the theories, processes and models used by decision makers to make choices from consumers and producers right up to governments and muti-national organisations. The nine key economic concepts covered include:
These concepts are explored at both the microeconomic (individuals, firms) and macroeconomic (international, national) level, leading students to examine how our globalised world is increasing our interdependence.
Beyond theory, students will cover real-world issues, examining the values and limitations of economic models in explaining real-world behaviour and outcomes. In the process they will develop the knowledge and attitudes that will enable them to become responsible global citizens.
The course is made up of both externally assessed examinations and an internally assessed portfolio. King’s InterHigh will support with guidance around where external exams may be sat. These exams are sat at the end of the two year programme.
Three commentaries based on different units of the syllabus (except the introductory unit) and from published extracts from the news media, analysed using different key concepts.
Learning IB Economics online allows students to enjoy the following features:
We have several fee packages and options, with differing levels of commitment to suit most circumstances. In most cases parents have the option to pay in instalments, spreading the cost of the investment.