Number of units
21
Number of lessons
215
Duration
2 years
Level
Higher
About the course
Admissions processOverview
IB Economics HL is part of the IB Diploma Programme’s Group 3: Individuals and Societies. The course develops students’ ability to understand, apply and evaluate economic theories and concepts in real-world contexts.
Students learn to interpret data and statistics, construct and analyse diagrams, and use economic terminology with confidence. They explore microeconomics, macroeconomics and the global economy, while considering issues such as growth, inequality, sustainability and international trade.
Studied online with Pamoja, IB Economics HL combines academic rigour with flexibility. Students benefit from expert IB teachers, interactive learning, and collaboration with peers worldwide - developing the critical thinking, research and communication skills valued at university and beyond.
Advice from our teachers
In order to succeed in IB Economics HL, we recommend students set aside seven to ten hours a week.
*Please note, that all courses offered are subject to receiving a minimum enrolment number. Your Pamoja point of contact will be in touch as we approach the start date if we are unable to take a course forward.
Course structure
The course covers the following topics:
Year 1:
- Course overview
- Introduction to Economics
- Competitive markets
- Elasticity
- How do markets fail?
- Internal assessment
- Market failure – market power
- The national economy
- Employment and inflation
- Unemployment and economic growth
Year 2:
- Year one revisited
- Income distribution and macro policies
- Free trade Vs. protectionism
- Exchange rates
- Balance of payments
- Measure of economic development
- Barriers to economic development
- Aid, debt and economic development
- Exam revision
Benefits of the course
Taking IB Economics HL online will enable students to:
Resources
Explore and access key resources for the IB Economics HL course.
Why online?
Students will have the opportunity to:
- Access source material in a variety of media.
- Access a structured learning environment that provides flexibility and support in equal measure.
- Study alongside students from around the world.
- Gain experience of using the latest online learning tools.
- Regularly communicate with teachers and fellow students.
Some things won’t be different though. Standards and expectations will be just as high as in a face to face classroom.
Activities and assessment
The emphasis is on learning actively together and activities include live online discussions, creating presentations, learning from videos and interactive exercises. Throughout the Economics HL course, students engage in online discussions, debates, article analysis and group research projects. Students are assessed through the use of quizzes and tests. We also provide traditional activities such as essay writing to prepare them for the exams. Assessment will be both formative and summative and in accordance with IB criteria.
Testimonials
What our schools say about us
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"The International School of WA is delighted to continue to work with Pamoja, who has supported us in providing a wide range of subjects for our International Baccalaureate students."
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"Pamoja has expanded our subject offerings with programs we couldn’t provide in-house, giving our students valuable opportunities through a reliable and trusted partner."
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"Heidelberg International School has proudly partnered with Pamoja since 2010, enabling us to offer IB subjects beyond our own curriculum and expanding our students’ choices; their teachers bring a vital human connection to online learning, and our students have consistently achieved excellent results through this collaboration."
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"Chatsworth is very pleased to be able to broaden the range of IB Diploma Programme subjects we can offer through our partnership with Pamoja. Knowing the students are taught and assessed by experienced IBDP teachers gives us the confidence to offer this opportunity."
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"Pamoja teachers are fully supportive of the diverse stresses and schedules students face. Learning to proactively and professionally communicate is arguably the most important learning outcome for Pamoja students."
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"Pamoja opens doors for our students to pursue subjects they are passionate about, helping them thrive in areas otherwise out of reach. The team’s support and clear communication make the experience smooth and impactful for everyone."
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"Ermitage International School of Paris is proud to collaborate with PAMOJA. The consistently high-quality and well-structured courses PAMOJA provides play a key role in helping our students pursue their ideal path toward the IB Diploma."
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"Pamoja has been extremely responsive and professional in our partnership. They have helped us to support students in a variety of situations, including those who have transferred in the middle of the IB Diploma, who have scheduling conflicts, or who have strong desire to study a course that we do not offer."
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"Pamoja online courses allow us to expand the range of subjects offered to our students enabling them to pursue subjects they are passionate about that are not currently available within our timetable. The courses also help foster independent learning; an invaluable skill helping students flourish as lifelong learners."
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"Pamoja has enabled us to broaden our subject option choices and provide invaluable support for Extended Essay supervision in popular subjects. As a result, our students have been able to select an individualised course profile which would not have been possible otherwise."
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"Pamoja has been a wonderful opportunity for our students to pursue passions and interests that we can’t offer as a small school. We have found the teachers to be consistently dedicated and support team to always respond with a human touch!"
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"Our partnership with Pamoja provides students with access to a wide range of IB subjects, ensuring greater academic breadth and choice. The online nature of these courses offers the flexibility our student-athletes need to pursue their studies effectively, even while away training or competing."
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"Pamoja has enabled us to expand our subject offerings to better address our students' language acquisition needs. Their highly responsive and accommodating teachers made us feel supported every step of the way."
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"For a school like ours, which is intentionally 'small by design,' Pamoja provides essential strategic flexibility. It allows us to supplement our DP course offerings, ensuring students interested in specialized or low-enrollment subjects can pursue their pre-university plans."
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The variety of subjects offered really allows the school to offer individual pathways for a wide range of students. Students completing a course on Pamoja strengthen the ATL of self-management and are ready for the next steps in life - university or employment.
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Pamoja unlocks opportunities for our students to pursue their passions beyond our high school's course catalog, opening doors to subjects like Economics and Psychology that would otherwise be unavailable to them.
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“Partnering with Pamoja has given our students greater flexibility in shaping their Diploma Programme journey. We value the supportive collaboration that allows us to broaden our course offering and meet diverse student needs.”
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"Working with Pamoja has been a transformative experience, offering quick, responsive service and a student-centred approach that prioritises individual needs and supports success in the IB DP subject."
