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How To Prepare for IB Economics Exam in Singapore

Are you preparing for IB Economics Exam? If yes then read this PPT to find out the best tips on how to prepare for the exam and score the highest marks. Also, find the best experienced Economics tutor at Championtutor.com

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How To Prepare for IB Economics Exam in Singapore

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  1. Best Tips to Prepare for IB Economics Exam in Singapore?

  2. Understand CONCEPTS Similar 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.

  3. REVISION Revision is an important component of studies in general as its probably the one and only effective way to reinforce the material that has been learnt. Our memory fades easily over time unless and until we try our best to continuously revisit the topics being learnt.

  4. PRACTICE TIME MANAGEMENT During an economics exam it may always seem like a race against time and this is hence the reason behind compromised quality of essays in exam paper. Though students may be knowledgeable and may have the capacity to write well, their ability to perform well in an examination may be compromised if they do not know how to strategise well and write rapidly for their essays.

  5. EXAM ANXIETY It is absolutely necessary for students to be calm and to pay attention to details in the case-study and questions, as well as to write with speed and accuracy without letting exam anxiety consume them in its entirety.

  6. Website www.championtutor.com Talk to us Phone number +65 6850 5040 We're ready to answer your questions.

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