IB Economics HL - RL Education

IB PROGRAM

Economics HL

RL IB ECO HL program has three phases. These phases have been consistently used and proven to be effective over the years ensuring our students are equipped with what they need for the final exam. The first phase is a 38-40 weeks stage that entails our mentors equipping students with all the basic concepts and analytical skills required for tests, SACs and exams. Phase 2 consists of students revisiting all the topics covered with strenuous exam-styled questions which create and develop by the RL economics team. Approaching the final exam period, students will undergo phase 3 whereby they will develop exam skills such as time management and exam techniques including those for extended response questions. Additionally, each week’s lesson will be supported by RL weekly homework assessment to ensure students revise concepts learnt and develop a deep understanding of the contents.

Who Should Enrol?

Students seeking to:

Improve their knowledge and understanding on core topic in Year 12 ECO HL
Vastly improve their exam results
Gain an in-depth understanding of strategies and skills necessary to excel in both SACs and the final exam

Topics Covered:

The class covers all topics under the current RL IB ECO HL course, including:

Unit 3: Macroeconomics

3.1 Measuring Economic Activity and Illustrating its Variations

3.2 Variations in Economic Activity—Aggregate Demand and Aggregate Supply

3.3 Macroeconomic Objectives

3.4 Economics of Inequality and Poverty

3.5 Demand Management (Demand-Side Policies)—Monetary Policy

3.6 Demand Management—Fiscal Policy

3.7 Supply-Side Policies

Unit 4: The Global Economy

4.1 Benefits of International Trade

4.2 Types of Trade Protection

4.3 Arguments for and Against Trade Control/Protection

4.4 Economic Integration

4.5 Exchange Rates

4.6 Balance of Payments

4.7 Sustainable Development

4.8 Measuring Development

4.9 Barriers to Economic Growth and/or Economic Development

4.10 Economic Growth and/or Economic Development Strategies

Other than learning the necessary knowledge for each topic, the students also cover:

Problem solving skills
A range of strategies to solve tricky exam questions
Exam preparation skills and tips

FAQ

What is the 100% satisfaction policy for trial classes?

100% satisfaction policy means any student can have a trial class for any group class provided by RL Education. If the student isn’t satisfied with the trial class, then no payment will be requested; If the student is satisfied with the trial class and wants to continue, then the student needs to pay for the trial class and register for one term/half year/full year program. Please note the 100% satisfaction policy is for GROUP CLASS only.

What are Pre-VCE/HSC/IB programs?

The Pre-VCE/HSC/IB is provide for students who are in year 9-10.During this course, students will gain a solid base in Mathematics, English and Science to build on and implement in their Year 11-Year 12 learning.

What is RLive class?

All courses are available online and onsite simultaneously. Provided to students who live too far away to come to the campus, they can choose online courses.

When should I pay my tuition fee or can I pay the fee after all classes finish?

Students will be allowed to join class only after payment is finalised. RL Education has the right to terminate the students’ coaching service if there is an overdued tuition fee in the student account.