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Best Way to Study for an IB Economics

What’s the best way to Study for an IB Economics SL Exam

by maxalan147

What’s the best way to Study for an IB Economics SL Exam

 Oh yes, Economics, this might appear a bit challenging to study, as at times it does get boring, yet a useful and incredibly relevant subject that can be applied to umpteen real-life situations. But I can guide you through an easy route that will not help you crack the exams effectively but also hit those desired grades required for the under-graduation program.

Best Way to Study for an IB Economics

Best Way to Study for an IB Economics

# Active Learning If you only try to cram up the textbook from start to end, your learning will end up in a struggle. Instead, engage yourself in active revision, which means that you will be persistently pondering over trying to understand the concepts involved in it. Meanwhile, take a pause and take stock of your learning. Don’t try to compare your learning with the amount of time spent since time spent on each topic might vary depending on the gravity and complexity of the topic.

 

# Work on Predicted Questions One more important step to preparing for the exams is to understand the kind of probable questions that will appear in the exam. Just knowing the topics thoroughly is not enough. You will also have to reflect on different questions that might appear in the exams. While you can easily get hold of the past question papers, also make a listing of generic questions that will allow you to think of possible variations since the chances are that the questions are the same but slightly rephrased by further adding relevant terms. Let’s say in one year, the question was, “Discuss the impact of interest rates on Exchange Rates.” Maybe next year, it would be “Discuss the impact of interest rates on inflation and Balance of Payments.”

 

# Assess Yourself List down the questions that you think might appear and things that you will need to learn. Keep all your books aside. Take a topic and recall everything that you have read and understood. Now list them down and check back on what you have missed. Once you have figured out what was missing, it is easy to focus your attention on the missing content.

 

# Stay prepared to move from Year 1 to 2 Always stay prepared to move from one class to another. Especially in the first year of the IB Diploma program as ALL THAT YOU STUDY actually builds on previous knowledge. Due to a lack of continuous studies, most of the students try seeking external tutoring a couple of months before their final exams, trying to cover the whole IB Economics syllabus since they did not pay enough attention towards the beginning and then lost grip over the subject.

 

# Focus on Definitions Using economics terminologies if you are confident enough, it will be a lot easier for you to understand concepts and theories. It will help you to showcase what you know and also what you are talking about while explaining such concepts in the tests later.

 

# Practice Diagrams You need some amount of practice with solving simple mathematical problems and drawing diagrams. The more you practice, the chances of errors with minimized, and it is important as providing details really matters. Else you will end up losing valuable marks if you have not practiced diagram drawing enough, where you might end up not giving the units towards the end of the calculations or have forgotten to label the graphs. Do try to understand and memorize various different diagrams as all that you will be explaining in your papers would require a deep understanding of diagrams.

 

# Revision Time Create a schedule of revision for at least 4 hours a day, and that should be good enough. You can use online resources like Tribe Topper to revise. If you tend to revise properly and learn actively, you can make significant progress in 4 hours. Though a target of 4 hours of revision, you may find it a bit intimidating at times. But at times, you can disconnect, take a break and try doing something different. Ideally, it will be a good idea to finish the revision sessions in the first half of the day so that it does not keep bothering you for the rest of the day.

 

# Revise With Peers Group studies or having a study partner is also a good learning technique. The chances are that, at times, you may get distracted and indulge in things other than studies; hence it is important to choose like-minded study partners with whom you can exchange notes and constantly keep testing each other. 

This way, learning will be far more motivating and fun, and you won’t get bored.

Lastly, a few handy tips for the road . . . .

  1. Stay grounded, and don’t speculate on grades way too much
  2. Work on your examination writing techniques
  3. Keep testing yourself constantly to strengthen your knowledge
  4. Have a strong understanding of the concepts in your syllabus.
  5. Use the data response sheet and integrate them into your answers
  6. Make your revision sessions fairly productive.
  7. Stretch yourself to work on your weaker areas
  8. And yes, stay cool-headed

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