IB Economics HL is assessed by three exam papers (an extended essay paper, a data response paper and the HL-only policy paper) plus an internal assessment portfolio of three commentaries. Our IB Economics HL course covers the four units: introduction to economics, microeconomics, macroeconomics and the global economy, with the key concepts used throughout. You practise the Paper 1 extended response, the Paper 2 data response and the HL Paper 3 policy question, with tutor feedback on diagrams, definitions and evaluation. Lessons are live and one-to-one with a verified IB tutor, who uses IB-style questions and markbands, and can review the planning of your internal assessment within IB rules. Suitable for DP1 and DP2 students and May or November candidates.
Reviewed by G. Jawla, Master's in EconomicsLast updated
$13 – $43
per hour
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In short: this course gives one-to-one online tutoring for IB Diploma Economics HL. A verified economics tutor teaches micro, macro and global economics, diagrams, Paper 1 essays, data response, the HL policy paper and the IA commentaries, using IB-style questions and markbands.
IB Diploma Programme Economics Higher Level is the IB's advanced economics course, covering microeconomics, macroeconomics and the global economy through real-world examples and nine key concepts such as scarcity, choice and sustainability. It is graded 1 to 7 and assessed by three papers and an internal portfolio.
This course covers the full HL syllabus one to one with a verified IB economics tutor.
Official specification: IB Economics HL subject brief.
For wider support, see our economics tutoring page.
IB Economics (first assessed in 2022) is assessed by three papers at HL plus an internal assessment portfolio.
| Component | Format | Time | HL weighting | SL weighting |
|---|---|---|---|---|
| Paper 1 | Extended response | 1 hour 15 minutes | 20% | 30% |
| Paper 2 | Data response | 1 hour 45 minutes | 30% | 40% |
| Paper 3 | Policy paper (HL only) | 1 hour 45 minutes | 30% | — |
| Internal assessment | Portfolio of three commentaries on different units (not the introductory unit), about 20 hours | — | 20% | 30% |
IB Economics HL is demanding because it combines diagrams, real-world evaluation and calculations, and HL adds the Paper 3 policy paper with quantitative questions. It is very manageable for students who learn diagrams precisely and practise timed essays. Regular past-paper practice with feedback on evaluation makes the biggest difference.
| Unit | Key content |
|---|---|
| 1 Introduction to economics | What economics is, how economists approach the world |
| 2 Microeconomics | Demand and supply, elasticities, government intervention, market failure, behavioural economics, market power (HL) |
| 3 Macroeconomics | Measuring the economy, aggregate demand and supply, macro objectives, fiscal, monetary and supply-side policy |
| 4 The global economy | Trade, exchange rates, the balance of payments, economic integration, development |
Paper 1 part (b) asks you to evaluate using a real-world example.
Here is a typical HL calculation: a good's price rises from $2.00 to $2.20 and quantity demanded falls from 1,000 to 850 units. Calculate PED and the change in total revenue.
| Step | Working |
|---|---|
| % change in price | +10% |
| % change in quantity | −15% |
| PED | −15 ÷ 10 = −1.5 (elastic) |
| Revenue before and after | $2,000 → $1,870 |
| Conclusion | Revenue falls because demand is price elastic |
Students most often lose marks with unlabelled diagrams, theory without real-world examples, no evaluation, Paper 2 answers that ignore the text, and IA commentaries that drift from the key concept.
| Mark-loser | What to do instead |
|---|---|
| Unlabelled diagrams | Label axes, curves and changes fully |
| No real-world examples | Use specific, recent examples |
| No evaluation | Weigh stakeholders, short vs long run and assumptions |
| Text ignored in Paper 2 | Quote the data and extract |
| IA off-topic | Link every point to the chosen key concept |
The IA is a portfolio of three commentaries of up to 800 words each on recent news articles, each linked to a different unit and key concept. Tutors help you choose suitable articles, apply diagrams and theory, and evaluate. Feedback is given within the IB's academic integrity rules; the commentaries you submit are your own.
Lessons are live and one to one on video with a shared whiteboard. Your tutor uses IB past papers and markschemes. See also IB Maths Applications and Interpretation HL and our Economics subject page.
An IB economics tutor online gives you live 1-to-1 lessons on microeconomics, macroeconomics and the global economy, with practice for all three HL papers and guidance on your IA commentaries.
This course suits Diploma Programme students taking Economics at Higher Level, in any country.
Prerequisites: basic numeracy and graph reading. No earlier economics is needed.
Course length: 40 one-hour lessons across 4 units.
| Stage | Topics | What you can do afterwards |
|---|---|---|
| 1 | Introduction to economics | Explain core concepts and models |
| 2 | Microeconomics | Draw and evaluate market diagrams |
| 3 | Macroeconomics | Analyse growth, inflation and policy |
| 4 | The global economy | Analyse trade, exchange rates and development |
Where it leads: see our economics tutoring page, or the IB DP Core course.
Three: Paper 1 (20%), Paper 2 (30%) and Paper 3 (30%), plus the IA portfolio (20%).
An HL-only policy paper with two compulsory questions that ask you to analyse data and recommend a policy.
A portfolio of three commentaries of up to 800 words each on news articles.
Scarcity, choice, efficiency, equity, economic well-being, sustainability, change, interdependence and intervention.
Many. Tutors help you master the key micro, macro and international diagrams.
On a scale of 1 to 7.
No. Tutors give feedback and guidance; the commentaries must be your own work.
Use accurate diagrams, real-world examples and balanced evaluation, and practise all three papers.
The price depends on the tutor and session length. You see the hourly rate before booking, with no subscription.
Yes. Lessons are online and scheduled around your time zone.
Paper 1 20%, Paper 2 30%, Paper 3 30% and the IA portfolio 20%.
Learn the key definitions and diagrams for each unit, then practise full Paper 1 essays and Paper 2 data responses under timed conditions. HL students should also practise Paper 3 policy questions with calculations. Collect real-world examples you can adapt to many questions, and ask your tutor to mark answers against IB markbands.
Three commentaries, each on a different unit of the syllabus (not the introductory unit).
Paper 1 is 1 hour 15 minutes; Papers 2 and 3 are 1 hour 45 minutes each.
There is no fixed percentage. The IB sets grade boundaries after each exam session, and they change with paper difficulty, so the mark needed for a 7 varies from session to session. Use recent published boundaries only as a guide. Your tutor marks full past papers and tracks your likely grade against them.
AO1 knowledge and understanding, AO2 application and analysis, AO3 synthesis and evaluation, AO4 skills.
Divide the percentage change in quantity demanded by the percentage change in price.
Weigh stakeholders, short-run versus long-run effects and assumptions, and reach a justified conclusion.
Tutors explain the criteria and give feedback on your commentaries, while the work stays your own.
Yes. Lessons are online, so you can book times that suit your time zone.
Yes. You can learn with a 1-to-1 IB economics tutor online through live video lessons from any country. Your tutor explains diagrams and evaluation, practises Paper 1 essays, Paper 2 data response and the HL Paper 3, and gives guidance on your IA commentaries while the work remains your own.
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