Mindlab® International
IB Economics Tuition
Navigate the dynamic world of markets, policies, and global systems with Mindlab’s IBDP Economics tuition. Our expert tutors simplify complex theories, from microeconomics to macroeconomics, while fostering critical thinking and real-world application skills. With tailored support for both Standard and Higher Level content, we guide students through challenging assessments like Internal Assessments and case studies. Mindlab ensures students not only grasp economic concepts but also develop the analytical tools to excel in exams and understand the world around them.
Experienced IB Economics Tutors
Our tutors have extensive experience teaching IB Economics, providing in-depth knowledge of the syllabus and effective exam strategies.
Personalised Learning Approach
We tailor our lessons to meet individual student needs, ensuring a comprehensive understanding of complex economic concepts.
Focused Internal Assessment Support
We offer guidance on selecting appropriate articles, structuring commentaries, and applying economic theories effectively.
Exam-Oriented Preparation
Our program includes rigorous practice with past papers and data response questions to enhance exam performance.
Flexible Learning Options
Mindlab provides both in-person and online tuition, accommodating diverse learning preferences and schedules.
A Stellar Finish: Our Nov 2024 IBDP Results
These results reflect the hard work of our students and the dedication of our tutors, based on feedback from those who participated in our post-exam survey.
100% Passing Rate
Every student who sat for the IBDP exams with us successfully passed—a testament to their hard work and our dedicated support.
100% Customer Satisfaction Rate
All students and parents who shared their feedback reported a positive learning experience, reinforcing our commitment to quality teaching.
6-7 Grade Per Subject Average
Our students consistently achieved top scores, reflecting their strong subject mastery and exam readiness.
Understanding the IBDP Economics Syllabus
The IB Diploma Programme (IBDP) Economics syllabus explores how societies allocate scarce resources to meet unlimited needs and wants. Covering microeconomics, macroeconomics, international trade, and development, the course equips students with analytical skills to evaluate real-world economic policies and trends.
Core Topics (SL & HL)
- Microeconomics – Demand & supply, market structures, government intervention, and market failure
- Macroeconomics – Economic activity, inflation, unemployment, fiscal & monetary policy, and economic growth
- International Economics – Trade benefits, protectionism, exchange rates, balance of payments, and globalization
- Development Economics – Economic development, barriers to growth, sustainability, and global inequality
Additional HL Topics
- Theory of the Firm – Costs, revenues, profit maximization, and market competition
- Advanced Macroeconomic Theories – Keynesian vs. Monetarist models, income distribution, and economic cycles
- Global Economic Issues – The impact of multinational corporations, foreign aid, and debt
Internal Assessment (IA) – Economics Portfolio
The syllabus is built around nine key concepts—scarcity, choice, efficiency, equity, economic well-being, sustainability, change, interdependence, and intervention—which provide a framework for evaluating economic decisions and their consequences.
For the official IBDP Economics syllabus and subject guide, visit the International Baccalaureate Organization (IBO) website.
At Mindlab International, our IBDP Economics tuition helps students master these topics, develop strong analytical skills, and excel in their assessments through structured guidance and real-world economic applications.
Start Your IBDP Economics Success Journey Today
At Mindlab International, we equip students with the knowledge and skills necessary to excel in IBDP Economics. Contact us today to begin your path to academic success.
Exceptional Tutors, Remarkable Outcomes
Our experienced IB & IGCSE tutors provide the guidance you need to excel. With a deep understanding of the curriculum and proven strategies, they’re here to help you achieve your academic goals.
Frequently Asked Questions (FAQs)
How does Mindlab help students excel in IB Economics?
We focus on clear explanations of complex theories, real-world economic applications, and exam-oriented strategies to help students master key concepts and maximize their scores.
What’s the difference between SL and HL Economics, and how does tuition cater to both?
HL students cover additional topics like Theory of the Firm and advanced macroeconomic models, requiring deeper analytical skills. Our tuition is tailored to address both SL and HL requirements, ensuring students grasp key concepts at their respective levels.
What kind of exam techniques do you teach?
We help students decode IB command terms, improve structured essay writing, refine data response skills, and practice time management, all crucial for scoring well in IB Economics papers.
Do you provide past paper practice and case study analysis?
Yes! We integrate IB-style past paper questions and real-world case studies into our lessons, helping students apply theory to real economic situations and strengthen problem-solving skills.
I struggle with diagrams in IB Economics. How can you help?
We simplify economic diagram drawing and interpretation, teaching step-by-step construction and effective use of annotations to help students gain full marks in paper-based assessments.
How are Mindlab’s IB Economics lessons structured?
ach lesson includes concept explanations, practical applications, exam-focused practice, and feedback, ensuring students understand, apply, and retain key economic theories.
Do you offer trial lessons for IB Economics tuition?
Yes! We provide trial lessons so students can experience our teaching approach before committing to a full program.
Do you provide materials like notes or past papers?
Yes, we provide students with curated study materials, including concise notes, exam tips, and access to past papers to enhance their learning experience.
Reviews
What Our Clients Say About Mindlab’s Economics Tuition
Highly recommended
Mindlab comes highly recommended. Thank you for your guidance and helping her well. My daughter is extremely pleased.
Mrs. Zafirah (parent)
SJI IND | Math AA SL & Econs HL | Nov 2021
He appreciates the efforts of both the tutors
Initially he was with Ms. Vishalini and then Mr. Huang Qi took over. My son enjoyed his classes with both of them. He appreciates the efforts of both the tutors. His final grade is a 7 (coming from a 6 in his prelims).
Mr. Ooi (parent)
ACS IND | Economics HL | Nov 2021
It was great and it helped him to achieve his 6
It was great and it helped him to achieve his 6.
| Final grade of 6 (coming from a 4 in his prelims).
Mr. Hamblin (parent)
AIS | Economics HL | Nov 2021
A* for Economics
Please thank Mr. Huang Qi for my son for getting A* for Economics!
Ms. Wan (parent)
ACS INTL | IGCSE Economics | Nov 2021
My child obtained A and above for the subjects he took with the center
Pre-Exam Testimonial: Thank you to all of my son’s teachers so much for all the guidance and support provided to him. You all have supported him so much in his journey thus far in each of your individual ways. From what I witness, he is definitely a more confident person than he was 8 months ago. 🙂 ❤️
Post-Exam Results Testimonial: The teachers at MindLab who taught my child’s IGCSE syllabus are dedicated and professional. The admin staff is also helpful and responsive. Our experience with MindLab has been amazing! My child obtained A and above for the subjects he took with the center.
Priscillia Qiu (parent)
IGCSE Private Candidate | English Language, Math, Biology, Economics & Business | Nov 2021
Supported me in revising and correcting my work
My final IGCSE grade is A* (95). My predicted grade is also A*, but i scored 80 for my mocks. Feedback on Mr. Huang Qi: I feel that he had supported me in revising and correcting my work. He is very patient and would explain the concepts I am not too sure of thoroughly. I would like to thank him for teaching me for the past year!
A. Liu
SJI INTL | IGCSE Economics | Nov 2021
He did well, and I’d like to thank his two tutors for supporting him
My son does not want to share his results. But he did well, and I’d like to thank his two tutors for supporting him; Ms Elfarina for making him enjoy learning English Literature, and he appreciates Mr Huang Qi for grilling him in small details he tends to ignore. And thanks for the Physics tutor even though it was only for a couple of sessions.
Mrs. Lee (parent)
IB Retaker | Economics HL & English LL SL | May 2021
Supportive, knowledgeable and well prepared
Ms Jamuna was a great tutor and prepared my son well for his IB exams. Learning online was very easy with her. She was always supportive and knowledgeable and well prepared. Thanks Mindlab staff!
[Economics | Final Grade: 6; Previous Grade: 5]
[Business | Final Grade: 6; Previous Grade: 5]
Mrs. Davies (parent)
AIS | Economics HL & Business Management HL | Nov 2020
He enjoyed Ms. Jamuna’s class because of her pleasant disposition and teaching style
First of all I’d like to say a big thank you to Ms. Jamuna for getting H through his Eco exam. He and I both are happy with his result. Ms. Jamuna was well liked by H and although he did not enjoy the subject of Economics, he enjoyed Ms. Jamuna’s class because of her pleasant disposition and teaching style. H’s view of her was always positive and I believe that this played a major factor in allowing him to persevere.
Mrs. Samudera (parent)
AIS | IGCSE Economics | Nov 2020
Ms Jamuna is a great teacher who could clearly communicate the syllabus to me
I did not think I could ever in my entire IBDP journey do well on my economics. Ms Jamuna is a great teacher who could clearly communicate the syllabus to me. I was starting to struggle in Maths a little and Mr Jack helped with explaining concepts from scratch.
S. Sufian
ISS | Math SL & Economics HL | May 2020
Without their guidance, I would not have achieved these scores
In regards to the IB grades, my school originally predicted me a 35/45. However, I received a higher score than what was predicted!
I would like to take this opportunity to thank Mindlab and their teachers for their guidance and support provided. I received a 5/7 in my English IA; however, due to my bad school reputation, the grade wasn’t increased. This was the only subject I missed by a point and Math SL.
Every Mindlab tutor has been both very kind and patient in guiding me well and answering all my queries patiently. Without their guidance, I would not have achieved these scores. I am thankful to Mindlab. Please convey my regards and thanks to the teachers.
H. Kumar
EIB Victor Hugo Int'l School Paris | Economics HL, Business HL, Biology SL, English LL SL, TOK | May 2020
Excellent tutor with experience and is able to explain knowledge in detail to students
My final IB business grade is 6 and IB economics grade is 7. As comparison, my previous scores before came to your centre were business 6 and economics 6. Ms Jamuna is an EXCELLENT tutor with experience and is able to explain knowledge in detail to students. Furthermore, she always answer questions patiently and nicely.
J. Guo
Nexus Int'l School | Business Management HL & Economics HL | May 2020
Thank you for the amazing Econs and TOK tuition
Thank you for the amazing Econs and TOK tuition which helped me score a “6” and a “B”!!
[Economics | Final Grade: 6; Previous Score: 5]
J. Chang
ACS INTL | Economics SL & TOK | Nov 2019
Really helped me pass the subject
We are very grateful to Mr. Paul as I really like his teaching style. He really helped me pass the subject.
M. Tan
HCIS | Business Management HL & Economics SL | Nov 2017
It’s a big improvement for me. I’ve never gotten an A before.
Thank you very much for the all the support I got from Mindlab. They really have good teachers there. It’s a big improvement for me. I’ve never gotten an A before.
[Science | Final Grade: A; Previous Grade: B;
Economics |Final Grade: B; Previous Grade: C;
Math | Final Grade: A; Previous Grade: B;]
C. Chew
SJI INTL | IGCSE Co-ordinated Science, Math, Economics | Nov 2015
All my grades improved!
Thank you so much! All my grades improved
[English | Final Grade: A; Previous Grade: B;
Science | Final Grade: A*; Previous Grade: A;
Economics | Final Grade: A*; Previous Grade: B;
Math | Final Grade: A; Previous Grade: B;]
A. Shaw
SJI INTL | IGCSE Co-ordinated Science, Math, English, Economics | Nov 2015
Appreciate all the hardwork of my tutors
Thank you for your help. Basically, all my grades improved. Appreciate all the hardwork of my tutors
[Math SL | Final Grade: 6; Previous Grade: 5;
Chemistry HL | Final Grade: 7; Previous Grade: 6;
Biology HL | Final Grade: 6; Previous Grade: 5;
Economics HL | Final Grade: 6; Previous Grade: 5]
J.K. Tan
SJI INTL | Math SL, Chemistry HL, Biology HL, Economics HL | Nov 2015
Definitely an improvement from my last grades and now I can apply to other universities
Definitely an improvement from my last grades and now I can apply to other universities. I really think that the tutors helped a lot to improve my grades especially with giving me lots of practice work to do.
N. Subash
IB Retaker | Economics HL, Biology SL, Math SL | May 2015
She made the subject fun with her humour and wit!
She’s very nice. She made the subject fun with her humour and wit!
D. Chak
HCIS | Economics HL | Nov 2014
Quite happy with my results.
Quite happy with my results. I wish to continue Econs with Ms. Karen for IB.
[Physics | Final Grade: A*; Previous Grade: A*]
[Economics | Final Grade: A; Previous Grade: B]
S. Ong
HCIS | IGCSE Physics & Economics | Nov 2103
Great teacher, passionate about teaching and is also really easy to just chat with
Mr.Nam is a great teacher, passionate about teaching and is also really easy to just chat with. Mr.Huang is also great, helping me a lot with my IAs as well as teaching me business management.
Thank you so much for everything mindlab!
H. Ikeda
CIS | Math AI SL, Economics SL | May 2022
Ms Lyn and Mr Huang have been supportive throughout 2 years of my IB
Ms Lyn and Mr Huang have been supportive throughout 2 years of my IB. They both have taught me well and answered my questions specifically with detailed explanations. I would like to say thank you to both of them for all the support I received.
[Economics | Final Grade: 6]
[English B | Final Grade: 6]
K. Fukushima
OFS | Economics HL, English B | May 2022
The tutors in Mindlab played a big role
I want to thank Mindlab and the tutors who helped D. The improvements he made in both subjects, particularly in Econs, were impressive and he had earlier mentioned that the tutors in Mindlab played a big role.
[Economics SL | Final Grade: 7]
[Math AA HL | Final Grade: 6]
Ms. S. (parent)
ACS INTL | Economics SL & Math AA HL | Nov 2022
Helped me focus
Mr Chee Teck (Econs) & Mr Jiabin (Math): Mr Jiabin was a good tutor he was very nice and helped me focus and was helpful. Mr Chee Teck was also a nice tutor he was helpful when explaining certain topics I didn’t quite understand.
J. J.
AIS | IGCSE Math & Economics | Nov 2022
Very efficient in helping my son get an excellent grasp of how to analyse, organise and be clear when he writes
My son received a 7 for English, Maths and Econs. Mr Sean was very efficient in helping my son get an excellent grasp of how to analyse, organise and be clear when he writes. Ms Jenn helped to motivate my son to realise the importance and be willing to practise his papers. Mr Chee Teck taught well on the subject and my son benefitted from his teaching.
Mrs Tai (parent)
GESS | IB Math AA SL, English LL SL, Econs HL | May 2023
My tutors at Mindlab were not only extremely knowledgeable, but skilled at teaching.
My tutors at Mindlab were not only extremely knowledgeable, but skilled at teaching. Lessons were well structured, and I was always given revision to make sure I didn’t forget. I appreciated it especially when the tutors pointed out common syllabus points, or dangerous student errors. Any feedback given was constructive and honest. I consistently received help on my exam technique. Thank you to my tutors and the Mindlab team for supporting my IB journey.
A. N.
Queenswood Australia | IB Math AA HL, Chemistry HL, Physics L, Economics SL | Nov 2023
Good notes given, improved child’s confidence
Good notes given, improved child’s confidence
H. M. (parent)
ACS INTL | IB Economics SL | Nov 2023
Thank you to Ms Michelle and Mr John for all their hard work!
Thank you to Ms Michelle and Mr John for all their hard work!
Previous Grade vs Final Grade:
Coordinated Science: E >>> AA
Economics: D >>> B
D. S.
SJI INTL | IGCSE Coordinated Science & Economics | Nov 2024
I used to dislike chemistry and economics but after having several lessons, I gained some confidence in the subjects and now I like both of them.
I really like both of their classes because I understand things faster than I usually do. I used to dislike chemistry and economics but after having several lessons, I gained some confidence in the subjects and now I like both of them.
Previous vs Final Grades:
IGCSE Chemistry | D >>> A
IGCSE Economics | D >>> A
B. C.
ACS INTL | IGCSE Chemistry & Economics | Nov 2024
It was definitely the right decision to seek their help.
He was able to achieve a good grade. Thank you to the teachers! Both of them were very kind and supportive. It was definitely the right decision to seek their help.
Previous vs Final Grades:
IGCSE Chemistry | C >>> A
IGCSE Economics | E >>> B
S. M. (Parent)
ACS INTL | IGCSE Chemistry & Economics | Nov 2024
