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IB Economics Tutoring & Prep Course

Pre-IB, Mid-IB and IB Revision Programmes

Short answer

The IB Economics course is one-to-one tutoring, taught live online: every lesson is 90 minutes.

A private group is for 3 or more friends who sign up together (the group programme is 30 hours per subject); there are no published start dates, and we agree the start date and lesson times with you.

In one-to-one tutoring, packages are from €85 a lesson.

IB Economics tutoring at SL and HL: microeconomics, macroeconomics and the global economy, diagrams and evaluation, and the three-commentary IA portfolio.

One-to-one and small groups · Live online · IB syllabus

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Get AI feedback on your Extended Essay
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100% live online lessons

About the subject

IB Economics: what it covers and who it suits

IB Economics tutoring at TestPrep Europe covers SL and HL across the four units — introduction, microeconomics, macroeconomics, and the global economy — with full IA portfolio support (three commentaries based on real-world articles). The exam rewards clear diagrams, evaluation language, and real-world examples — not memorised theory.

Some of the teachers who teach IB Economics: Ahmet Çelik, Burak Şen, Deniz Erol and İlker Başaran.

  • Full SL / HL coverage of all four units; HL extension drilled in parallel
  • Paper 1 (extended response), Paper 2 (data response) and HL Paper 3 (quantitative) drilled separately
  • IA portfolio — three real-world-article commentaries — supported with academic integrity
Read more

IB Economics asks students to apply microeconomic and macroeconomic theory to real-world events, with a strong focus on analysis and evaluation. Students must draw economic diagrams accurately, analyse policy and interpret current affairs through an economic lens.

  • Diagram mastery

    Drawing and explaining supply–demand, market structures, macro models and international trade diagrams correctly.

  • Commentary writing

    News article selection, applying economic theory and evaluation techniques for the IA.

  • Essay strategies

    Structuring Paper 1 essays, the thesis–antithesis–evaluation format and time management.

  • Real-world relevance

    Linking current economic events to the IB syllabus through worked examples.

IB Economics offers a critical lens on the world while building analytical and academic-writing skills. It is an excellent foundation for students targeting business, finance, international relations, law or public policy.

At TestPrep Europe we strengthen the theoretical foundations and reinforce them with real-world applications. Through diagram drawing, essay technique and commentary support, we drive students towards exam success.

Exam

IB Economics exam format

  • Paper 1

    SL: 75 min / HL: 75 minSL: 30% / HL: 20%

    Extended response: one question from three, parts (a) 10 + (b) 15 marks

  • Paper 2

    SL: 105 min / HL: 105 minSL: 40% / HL: 30%

    Data response: one question from two

  • Paper 3

    105 minHL: 30%

    Policy paper: two compulsory questions (HL only)

One-to-one IB tutoring

IB Economics Private Tutoring

Private IB lessons at HL or SL: the topics you find hardest, your Internal Assessment and Extended Essay, and technique for every paper. Lessons are live and online and fit around your school timetable.

  • A lesson plan built around your HL or SL course
  • Internal Assessment (IA) guidance and feedback
  • Extended Essay (EE) planning and feedback
  • TOK coaching and feedback
  • Past-paper practice marked against IB mark schemes
  • Scheduling that fits your school timetable

How it works

  1. 1

    Tell us your goal

    We start from your school syllabus, your exam date and the result you are aiming for.

  2. 2

    Your own plan

    We map out the lessons you need, unit by unit.

  3. 3

    Live one-to-one lessons

    Meet your tutor online at times that suit your week.

  4. 4

    Regular progress checks

    Homework and a short check after each lesson show how you are getting on.

Start one-to-one IB Economics

Per lesson in a package

From €85

Single lesson €90

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Right for you if you are aiming for a 6 or a 7, need help in one subject, or want support with your IA or EE.

Book one-to-one lessons

Before choosing a package, you can book one paid lesson.

Our IB tutors began teaching in 2018 or earlier.

AI Extended Essay feedback

IB Economics Extended Essay Grader

Get AI feedback on your Extended Essay against the IB criteria for your exam session: the new criteria (30 marks) from May 2027, and the 2018 criteria (34 marks) up to November 2026. You get detailed feedback on every criterion and an estimated A–E grade.

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Your exam session

The IB marks the Extended Essay against new criteria from the May 2027 session. If you sit your exams in November 2026 or earlier, your essay is marked against the 2018 criteria.

Type of review

How is the A–E grade estimated?

The IB sets the Extended Essay's grade boundaries again every session; there is no fixed table. So the estimate follows the grade descriptors the IB asks schools to use for predicted grades. The IB publishes your final grade at the end of the session.

IA support

IB Economics IA support

The IB Economics IA is a portfolio of three commentaries (max 800 words each). Each is based on a news article from a different unit of the syllabus (not Unit 1) and a different source, published no more than a year before the commentary is written, and each uses a different key concept. It is worth 30% at SL and 20% at HL.

Where we support you through the IA

  1. 1Selecting suitable news articles and citing sources
  2. 2Applying relevant economic theory and concepts
  3. 3Drawing accurate, fully labelled diagrams
  4. 4Economic evaluation and critical analysis
  5. 5Ensuring variety across syllabus sections

IB Economics Camps

Structured Prep Camps for IB Economics

Three programmes for every stage of IB Economics, each run as a private group of three or more friends, on dates set with the group.

  • PRE-IB CAMP

    IB Economics: Pre-IB

    Build strong IB Economics foundations before starting IB1.

    • Core IB Economics concepts
    • Micro and macroeconomics foundations
    • Drawing and analysing diagrams
    • Economic terminology

  • MID-IB CAMP

    IB Economics Mid-Year

    Consolidate your IB Economics knowledge at the end of IB1.

    • IB Economics IA commentary writing
    • International trade theory
    • Monetary and fiscal policy
    • Real-world examples

  • FINAL CAMP

    IB Economics Final Revision

    An intensive IB Economics revision marathon before the May exams.

    • IB Economics Paper 1, 2 and 3 strategies
    • Essay-writing techniques
    • Data response questions
    • Current economic events

  • 100% First-Lesson Money-Back Guarantee

    Not satisfied? Full refund, no questions asked.

    We do not offer free trial lessons. Payment is required before your first lesson.

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  • Flexible Billing

    Local cards welcome, instalments available.

Lessons cancelled less than 3 hours before the start count as taken. Full terms

Included in lessons

Practice built into your IB Economics lessons

Every topic you cover in IB Economics is reinforced with question sets your tutor puts together for you. This programme has no separately sold question bank or practice test.

Mock exams included in the programme
  • Targeted questions on every topic
  • Practice sets built around your weak areas
  • Exam-style practice with past papers and mark schemes
  • Worked solutions and feedback on every question

Syllabus

IB Economics topics

IB Economics (first assessment 2022) is built on four units. The units are shared by SL and HL; HL also studies three further sub-topics in Unit 2 and sits Paper 3.

Topic names are the IB's own, from the current subject guide.

SLTopics shared by SL and HL

  • Unit 1: Introduction to economics
  • Unit 2: Microeconomics
  • Unit 3: Macroeconomics
  • Unit 4: The global economy
HLHL only
  • 2.10 Market failure—asymmetric information
  • 2.11 Market failure—market power
  • 2.12 The market's inability to achieve equity

Approach

How we teach IB Economics

Study plan

  1. 1

    Phase 1 — Foundations + microeconomics

    Demand and supply, elasticities, market failure

    • Diagram drills with full labelling
    • PED / YED / PES with calculation practice
    • Externalities, public goods, common access resources
  2. 2

    Phase 2 — Macroeconomics

    Aggregate demand and supply, macro objectives, demand-side and supply-side policies

    • AD-AS diagrams across schools
    • Fiscal and monetary policy with trade-offs
    • Inflation, unemployment, growth measures
  3. 3

    Phase 3 — Global economy

    Trade, exchange rates, BoP, economic development, sustainability

    • Trade diagrams (tariffs, quotas, subsidies)
    • Exchange-rate systems and BoP accounts
    • Development indicators and barriers
  4. 4

    Phase 4 — IA portfolio + mocks

    Three real-world commentaries; Paper 1 / 2 / 3 timing

    • IA commentary structure with academic integrity
    • Past Paper 1 (extended) and Paper 2 (data) to markscheme
    • HL Paper 3 quantitative practice

How lessons work

  • Diagram-first answers

    Every essay starts with a fully labelled diagram before any prose. The diagram fixes the analysis and earns marks the prose alone won't.

  • Evaluation as a structured technique

    Evaluation is taught as a four-pillar checklist — short vs long run, stakeholders, magnitude / time, assumptions — not as 'add a critical sentence at the end'.

  • IA with academic integrity

    We help students choose articles, plan diagrams and evaluations, and give feedback on drafts. The article selection, the writing and the final commentary remain the student's work — this is the IBO academic-integrity boundary.

Advice

IB Economics: common mistakes and study tips

  • MistakeDiagrams without labelled axes, curves and equilibrium points.

    FixEvery diagram needs full labels (P, Q, S, D, equilibrium) before any prose; unlabelled diagrams earn zero.

  • MistakeNaming a theory without applying it.

    FixAfter every theory statement, write 'in this case' followed by the specific real-world example or data point.

  • MistakeWeak evaluation in 15-mark questions.

    FixEvaluation needs trade-offs (short vs long run, stakeholder impact, magnitude, time, assumptions). One-sided answers cap the mark.

  • MistakeMissing real-world examples in IA commentaries.

    FixEach IA commentary is built around a single real-world article — the commentary must engage the article, not just borrow its topic.

  • MistakeHL Paper 3 calculations without showing units / steps.

    FixAlways show the formula, substitution, and units. Final-answer-only responses lose method marks even when the number is right.

  • MistakeConfusing macroeconomic schools of thought.

    FixBe explicit about which model — classical, Keynesian, monetarist, new classical — is being applied; the markscheme rewards correct school attribution.

Student results

IB success stories

Results our IB students shared in their own reviews.

  • IB Economics HL: 7
    “I learned to draw and analyse Micro and Macroeconomics diagrams properly. My essay writing transformed.”
    Deniz B.IB Economics student

Ready to raise your IB Economics grade?

You can start one-to-one IB Economics lessons with a single lesson. Every package and price is on one page.

  • Live one-to-one lessons online
  • No package needed — book a single lesson
  • Lesson times that fit your school week
Chat on WhatsAppSee all pricesCall us: +44 7862 610215

You can also write to us through our contact page.

Other subjects

Related and other IB Diploma subjects

Often taken alongside this subject

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FAQ

IB Economics Prep — Frequently Asked Questions

The questions students ask most about IB Economics preparation.

HL adds Paper 3 (a quantitative paper using calculations and policy recommendations), more depth on each unit, and HL-only theory of the firm content. The IA is the same task assessed at HL standard.

SL is mostly conceptual with light calculation. HL Paper 3 requires comfortable algebra and proportional reasoning — IB Math AI SL is enough; AA is helpful but not required.

We help with article choice, diagram planning, evaluation structure and draft feedback. The article reading, diagrams and writing must be the student's own; this is the IBO academic-integrity boundary.

Different rather than easier. Economics is more model-heavy and quantitative; Business is more case-study-driven. Students confident with diagrams and theory often prefer Economics.

The money-back guarantee covers live lessons. If you are not satisfied after your first private lesson, we refund your payment in full. We do not offer free trial lessons. Payment is required before your first lesson.

You can cancel a lesson package at any time. Lessons already given are charged at the single-lesson price and the rest is refunded. The first-lesson guarantee applies on top.

Lessons cancelled less than 3 hours before the start count as taken and are not refunded. A lesson that has not been paid for 3 hours before it starts is cancelled automatically.

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