How to Prepare Best For IB Economics Exam


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Uploaded on Apr 27, 2021

Category Education

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Category Education

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How to Prepare Best For IB Economics Exam

Best Tips to Prepare for IB Economics Exam in Singapore? Understand CONCEPSTimiSlar to other syllabus, the basics of IB economics covers the fundamentals of microeconomics and macroeconomics. Beyond this, the thorough understanding of global economy is essential as well. The broad topics covered in Microeconomics include: Demand & Supply Competitive Market Equilibrium Maximizing Behaviour of Consumers and Producers Elasticity of Demand and Supply Market Failure–Externalities and Common Pool or Common Access Failures Market Failure–Public Goods Market Failure–Asymmetric Information, market power The Market’s Inability to Achieve Equality A comprehensive understanding of subject material is essential to apply the knowledge, solve case studies and write essays. Interesting, right? This is just a sneak preview of the full presentation. We hope you like it! To see the rest of it, just click here to view it in full on PowerShow.com. Then, if you’d like, you can also log in to PowerShow.com to download the entire presentation for free.