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I have found this links a great starter for lessons on trade blocs with my SL and HL Economists. Enjoy.read more...»
I watched this documentary this week with my IB HL Economics students; it is prefect for where we are in the Development course so far. This hour long video highlights so many of the issues we have already covered in development, including institutional factors, corruption, income inequality, standards of living, absolute poverty, natural resources, gender inequality and many more. I hope you find it as useful we did.
An intriguing take here on relative real wages in a range of developed and developing economies - using that staple resource to help teach PPP: the price of Big Macs!read more...»
Let your students have a go at this A-Z Quiz on the Royal Danish Bearings case study...
By now, your students should really be getting to grips with the Royal Danish Bearings case study. Get them to watch this short video clip on YouTube to see how ball bearings are made...
For the 5th successive year, I'll be running the annual student revision workshops with Level7 Education in Hong Kong, to help students prepare for the May 2013 examinations…
Read on if interested in further details...
Zondle is a great tool for revising in a fun and engaging way. My students have produced some fantastic quizzes based on the RBD case study...
This week's activity is called The Password Game and is a great, fun way to learn key terms from the Royal Danish Bearings case study. The PPTX is attached and you can add/edit key terms as you see fit...
IBID Press has recently launched a 282-page Workbook for the new IB Economics course, first exams May 2013.
For those interested, please read on...
By now, your students probably know the answers to the following questions:
Who was the visionary at RDB? Who empowered RDB's middle managers? Who adopted TQM, Kaizen and benchmarking at RDB? Who was a lifelong industrialist? Who worked at an investment bank in New York? Do the workers at RDB have job security? Are they proud to work for RDB?
If your students are struggling to answer these, then read on...
With the May exams looming, I have been revising some exam technique with my IB HL Economists this week. We have formulated a strategy after speaking to some other IB Economics teaching colleagues with a guide to attaining full marks in the final question of the new paper 2. I tend to use this guide with some practice questions, data response style. the Blink and Dorton textbook is excellent for this.read more...»
This week's activity is based on Ben10's excellent Give It A Go blog on using Wordle - a free word cloud website...
This week's class activity is to get students to create a time line of the events in the RDB case study. Can they work out when Valdemar Holstein and Anna Holstein were born?
A superb, comprehensive
teacher and student support pack for the IB Business & Management Case
Study on Royal Danish Bearings for exams in May & November 2013:
The Paper 1 Case Study Pack has been produced by Paul Hoang to help colleagues and students in their preparations for the May/November 2013 Paper 1 examination (Royal Danish Bearings).
The comprehensive RDB Case Study Pack resource comprises:
Something new that I've tried this year to get the students more involved in their learning of the pre-seen case study is to get them to create a classroom display. Not only can this help to improve the classroom environment, it also means RDB is always on the minds of the students when in the classroom!
Read on for details of some of the poster ideas for this case study...
Happy New Year!
Over the next few weeks, I will be posting class activities for students (and teachers) to help prepare for the May/Nov 2013 Paper 1 B&M exams based on this year's case study - Royal Danish Bearings.
Read on for the first week's activity
Read 50 questions on the case study here.
This article on ship breaking in Bangladesh raises quite a few interesting ethical issues involving various stakeholders and also the overall ethical objectives of businesses. Great to link with TOK as well. Click here for the article ......
Here is a nice link that you can use when discussing exchange rates, international trade and debt of the USA. A great resource to have on the screen behind as you teach a lesson on how debt builds. Could also be used as a compare and contrast when teaching development economics.
Our IB Diploma Teacher Newsletter provides email updates on tutor2u and other teaching resources of interest to colleagues delivering the IB Diploma. To add yourself as a recipient, please complete the form below and then respond to the confirmation email we send you.read more...»
How can we make good decisions in a complex world? Read this article to find out what happens when we think too muchread more...»
Another easy to digest clip I use as a starter/plenary for lesson when teaching International Economics. This clip shows, in an easy to understand way the advatnages of specialization according to absolute advantage and comparative advantage, and the resulting trade patterns. There is a little theory in there but if you supplement this with the Blink and Dorton Text, plus some other websites such as Phil Holden, your students should grasp this concept as quickly as mine.read more...»
The Luckiest Nut In The World
A classic for any Economics teacher. I use this clip when teaching International Economics for the new 2013 Spec for IB HL Econ. A fun way to help solidify understanding of trade liberalisation and protectionism.read more...»
Great news item for linking Society (or Culture) with Lady Gaga’s Born This Way Ball Concert, which has hit problems in Jakarta, Indonesia…
This is a final call for those interested in attending the final student revision workshop with Level7 Education, in preparation for the upcoming May 2012 examinations…
The IB specification for 2013 states:
Analyse data on relative income shares of given percentages of the population, including deciles and quintiles.
Draw a Lorenz curve and explain its significance.
Explain how the Gini coefficient is derived and interpreted.
This revision workbook will help students preparing for the upcoming IB Economics exams ensure they are clear about the key theory they need in preparation for their exam. Read on to find out how to download your own copy.read more...»
Here’s a great case study to teach total quality management, productivity improvements and its impact on job satisfaction of employees. Read the full case study here…....
With the exams just a few weeks away, here’s this week’s top exam tip to help with evaluation - the STOP principle…
A brilliant news article from the New York Times that will have direct relevance to students for the UWP Mission to Loyka case study…read more...»
Here’s the next exam tip - this one focuses on evaluation, the essential skill required to get a Level 7…read more...»
Here’s the second exam tip for the upcoming IB B&M exams about learning the quantitative methods…read more...»
As the final examination is fast approaching, keep an eye on tutor2u for tips on preparing for the upcoming exams. The first tip in the series is about planning your revision carefully…read more...»
How well do you know the UWP case study? Take this week’s comprehension quiz to find out…
Create a personnel profile for all known stakeholders in the UWP case study
This week’s activity requires students to dissect the case study and create a personnel profile of Kos Palouk, Michael Donovan, General Meiri, General Pierce, the governor of Beral, and the Olive Hats.
How many women appear in the Fortune 500 top billionaires in the world? And how many of these are from China? Which computer maker saw profits soar 54% whilst its American rival reported a 44% drop in profits? Take this month’s current affairs quiz to find out…
A new part of the spec for HL IB Econ. Here is an interesting article on Green GDP from Professor Stiglitz (he is a Nobel Laureate and professor of economics at Columbia University)read more...»
This video explains how to calculate Gross Domestic Product mathematically and goes through a numerical example. It also shows how to calculate the percentage change in GDP from year to year.read more...»
Research Task – Theory
This week’s activity follows on from last week’s research task on the context of peacekeeping and the UWP Mission to Loyka case study. This week’s activity requires students to research and present their findings (either as a poster, research presentation, blog etc.) about relevant theory related to the case study. This activity will allow students to write better quality answers by applying relevant B&M tools, concepts and theories of the UWP Mission to Loyka.read more...»
A great clip and subsequent article from the BBC on GDP.read more...»
An excellent 3 minutes clip to highlight the impact of change in government policy in Greece. This amazing footage of Greece shows riots as fire bombs, stones fly in Athens - a reaction of the people to a slash in public spending, reduction of minimum wages and benefit payments. This clip would be a great aid to those students who struggle to evaluate in any ‘effectiveness of policy’ question - Greece is a great Case Study for any IB pupil.read more...»
An excellent clip [15 mins] from the BBC with Stephanie Flanders Reporting on the Eurozone Crisis.read more...»
An interesting article from Channel 4. Thanks to Twitter and Bryn’s Economics Blog for this clip.read more...»