Batch starts from the first week of June 2025
Total Sessions: ~34 sessions (each 1.5 hours)
Level: HL & SL (Common Core with HL extensions where applicable)
Focus: Conceptual clarity, diagram mastery, real-world application, exam-style paper writing, external assessment preparation
Unit 2: Microeconomics - 13 Sessions
Topics Covered:
- Demand and Supply (2 sessions)
- Law of demand and supply
- Determinants and diagram shifts
- Market equilibrium and disequilibrium
- Elasticities (2 sessions)
- PED, PES, XED, YED: formulas, determinants, interpretation
- Importance for firms and governments
- Government Intervention (2 sessions)
- Indirect taxes, subsidies, price ceilings & floors
- Consequences, diagrams, and real-world examples
- Market Failure (3 sessions)
- Externalities (positive & negative), public goods, common access resources
- Sustainability & government responses
- Theory of the Firm & Market Structures - Market Power (HL Only – 4 sessions)
- Revenue, cost, profit
- Perfect competition, monopoly, monopolistic competition, oligopoly
Assessment Coverage: Paper 1, Paper 2 (HL/SL), IA (Microeconomics commentary)
Unit 3: Macroeconomics - 10 Sessions
Topics Covered:
- Introduction to Macroeconomics (1 session)
- Circular flow of income, GDP/GNI concepts
- Aggregate Demand & Supply (2 sessions)
- Components, shifts, short-run and long-run AS
- Macroeconomic Objectives (4 sessions)
- Economic growth, unemployment, inflation, equity
- Lorenz curve, Gini coefficient
- Demand-side & Supply-side Policies (3 sessions)
- Fiscal and monetary policy
- Market-based and interventionist supply-side policies
Assessment Coverage: Paper 1, Paper 2, IA (Macroeconomics commentary)
Unit 4: The Global Economy - 10 Sessions
Topics Covered:
- International Trade (2 sessions)
- Free trade, protectionism, WTO, trade blocs
- Exchange Rates & Balance of Payments (4 sessions)
- Fixed, floating, managed exchange rates
- Balance of payments - Current account, capital account & financial account
- Marshall-Lerner Condition
- Economic Integration & Trade Blocs (1 session)
- Sustainable Development & Environmental Economics (2 sessions)
- Global challenges, poverty cycles, SDGs
- Debt, Aid, and Investment (1 session)
Assessment Coverage: Paper 1, Paper 2, IA (Global commentary)
Unit 6: Assessment Criteria Deep Dive & Exam Preparation - 1 Session
- Paper 1: Essay structure and evaluation tips
- Paper 2: Data response practice and strategy
- Paper 3 (HL): Numerical and diagram-based practice
- Time management and command terms