Economics HL

Part of the IB subject group 3, Individuals and Societies, Economics HL is the study of economic theory and its applications in the world today. Students interpret economic data and statistics, apply relevant theory, and demonstrate this knowledge using written prose, diagrams and economic terminology.

What is different in taking Economics HL online?

Students will have the opportunity to:

  • access source material in a variety of media
  • learn at their own pace and in a location of their choice
  • study alongside students from around the world
  • gain experience of using the latest online learning tools
  • regularly communicate with teachers and fellow students
Some things won’t be different though. Standards and expectations will be just as high as in a face to face classroom.

Themes covered through the course

Economics HL is divided into four sections:

  • microeconomics which contains the topics of competitive markets, elasticity, government intervention, market failure and the theory of the firm and market structures
  • macroeconomics which looks at the level of overall economic activity, aggregate demand and aggregate supply, macroeconomic objectives, fiscal, monetary and supply-side policies
  • international economics which involves learning about international trade, exchange rate, the balance of payments and economic integration and terms of trade
  • development economics whichlooks at economic development and how it is measured, the role of domestic factors, international trade, foreign direct investment (FDI), foreign aid and multilateral development assistance, international debt, and the balance between markets and intervention.


Activities and assessment

The emphasis is on learning actively together and activities include live online discussions, creating presentations, learning from videos and interactive exercises. Throughout the Economics HL course, students engage in online discussions, debates, article analysis, blogs and wiki activities and group research projects.
Students are assessed through the use of quizzes and tests. We also provide traditional activities such as essay writing to prepare them for the exams.
Assessment will be both formative and summative and in accordance with IB criteria.

Advice from our teachers

In order to succeed in Economics HL, we recommend students set aside seven to ten hours a week.

Benefits to students

Taking Economics HL online will enable students to:

  • learn real world applications of economic theory
  • understand how macro- and micro-economies work
  • meet and study with students and teachers from around the world.
  • become experienced in a wide range of technical and social tools
  • develop 21st century skills like time management, communication and digital literacy which are much in demand by employers

Words from our students

I could do my work whenever I wanted, not just when I had to go to class but when I actually wanted to learn.

Tara Philosophy SL student

I think this type of stimulating, inclusive learning experience epitomises everything that is right with the IB ethos. I have only to thank my teacher and the Pamoja Education staff for making the past two years the best of my academic life.

Christopher Film SL student

You have several ways to  contact everyone and you always interact with everyone weekly through discussions.

Anda Psychology HL student

My online learning experience definitely taught me self-motivation and that’s been so important for starting university.

 

Hollie Psychology alumna, Psychology with American Studies student, University of Sussex

The course was rigorous and challenging, yet at the same time provided me with freedom and independence which taught me self-discipline and encouraged me to organize my workload.

Alexandra Economics HL student

The online Math HL course has prepared me for university in ways that a traditional course cannot, both in terms of the quality of the teaching, and of the time management skills that I developed during the course.

María Mathematics HL alumna and Engineering student at Cambridge University

Interacting with people from other countries all over the world and other cultures brings in more of the IB idea, where we’re a global community and we can interact with each other using the internet.

Rocio Psychology SL student

You really learn how to schedule your own time. I think it prepares you for college, when you have fewer classes and more flexibility with your time.

Jun Film SL student

The online Mandarin ab initio course allows me to make a personal connection to my teacher. I have weekly conversations with an online tutor that the Pamoja Education system sets up so that we can practice our speaking.

Carsten Mandarin ab initio student

Connect with us