Econ 12 students are being given additional worksheets to work on optionally, as they have already been preparing and revising.
On volunteer basis, students can revise with the teacher for some Paper 3 topics they are not yet confident about.
Worksheets are available at the teacher’s desk as needed.
External examinations are next week.
For the last week of April, as students learned the basic objectives quickly, the short week is devoted to:
Keynesian vs. Monetarist AS/AD models and when to use them appropriately
4 Demand Side policies (contractionary and expansionary)
8 Supply Side policies (interventionist vs. non-interventionist)
May is devoted for practice questions (formative and summative tasks) for Macroeconomics.
Paper 3 for HL will be discussed after Final Examinations.
Students will receive about their Mock Exam results and will be hearing about their strengths and weaknesses per Paper.
They are almost ready for the IB External Examinations and just need fine tuning of their essay and quantitative skills.
The entire syllabus will be reviewed to determine the confidence level of students in each and every topic, and the additional help they need.
Just after the Easter Break and student have already learned the basic macroeconomic objectives:
1) Economic Growth vs. Economic Development
2) Low Unemployment
3) Low and Stable Prices
4) Equitable Distribution of Income
5) External Equilibrium
In depth discussions have ensued for the first two topics with practice questions. The rest of April is devoted for Objective 3 and 4, and discussions on the differences between Monetarist vs. Keynesian AD/ AS models. Should time permit, Demand Side and Supply Side discussions are in the pipeline.