IB or International Baccalaureate is a two years program for students preparing for high school and beyond. The program aims at providing opportunities for personal and academic development. The successful completion of this program results in an internationally recognized diploma.
It provides equal opportunity for all students to receive education on par with the international standards. Some of the academic benefits of the IB program include preference by colleges in admission as a college looks forward to enrolling prospective students, as IB students study various college-level courses it allows them to be more prepared about the college curriculum.
Importance of real-world examples for IB economics students
For students appearing in the IB Economics exam understanding, real-world examples are very important. However, finding the right examples can be critical. Even if you are answering simple questions quoting real-world examples will surely earn you extra points as they build a solid impression.
As the IB program focuses on personal development it requires you to be updated with the real world. If you are facing difficulty in finding some potential sources that can feed you with some authentic real-world examples this article is surely for you.
3 Resources for Economics Real-World Examples
You don’t have to dig in deeper everything is available on the web sorted and ready to be assimilated. Here are some top sources:
News websites
What can be a better place to get real-world happenings than a newspaper column or website? Various news websites focus solely on the latest economic trends and stories. They offer detailed insights into events of economic development that you can use as case studies or summarize them as examples. They keep you updated and informed. The Financial Times, Forbes, and The Economist are some of the authentic sources.
The Economics Tutor
Economics Tuition Singapore, by The Economics Tutor, is the hub of economic activities relevant to IB and A Level students of economics. As an economics student, it is crucial that you keep in touch with the world’s economy. Expert tutors provide enough information for this purpose. Even school teachers and competitors use this resource to teach a lot of topics. Check up all the write-ups, blogs, mind maps, infographics and various real-world examples to understand and apply them in the examinations.
The Library of Economics and Liberty
Where many IB students would find it relevant or beyond their scope the Library of Economics and Liberty is one of the few top sources for getting real-world examples. Other than certain topics which are useful for post-grads their site provides great information to be used for understanding concepts and using in the exams.
Conclusion
All these websites provide more than enough information for IB studies. Not only will these websites provide you with real-world examples but will also help you clear a lot of concepts. Keeping yourself updated with the economic trends and events is the core of the IB economics program and getting in touch with the above sources will serve the purpose.