Economics IB Standard at Calday Grange Grammar School
Economics is a dynamic social science, forming part of the study of individuals and societies. The study of economics is essentially about the concept of scarcity and the problem of resource allocation.
Although economics involves the formulation of theory, it is not a purely theoretical subject: economic theories can be applied to real-world examples. Neither is economics a discrete subject, since economics incorporates elements of history, geography, psychology, sociology, political studies and many other related fields of study.
Economics does not exist in a vacuum, because it naturally must consider how economic theory is to be applied in an international context.
The scientific approach characterizes the standard methodology of economics. This methodology can be summarized as a progression from problem identification, through hypothesis formulation and testing, arriving finally at a conclusion.
Alongside the empirical observations of positive economics, students of the subject are asked to formulate normative questions. Encouraging students to explore such questions forms the central focus of the economics course.
Grade B Mathematics at GCSE
STANDARD LEVEL ASSESSMENT
External assessment 75%
Written papers 3 hours
Paper 1- 1 hour 25%
This paper consists of four extended-response questions based on all five sections of the syllabus. Each question is divided into two parts and may relate to more than one section of the syllabus.
Candidates must attempt one question.
Paper 2- 2 hours 50%
A data-response question paper based on all five sections of the syllabus.
The paper consists of five structured questions based on all five sections of
Candidates must attempt three questions.
Internal assessment 25%
Candidates produce a portfolio of four commentaries.
University place or career.
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How to apply
If you want to apply for this course, you will need to contact Calday Grange Grammar School directly.