--- title: "Economics Tutoring | International Baccalaureate (IB) | Noble Educators" description: "Explore Economics support for International Baccalaureate (IB): topic explanations, a worked example and a free economics: scarcity, demand and opportunity cost worksheet with answers." image: "https://nobleeducators.com/og-image.webp" url: "https://nobleeducators.com/uk/ib/economics" --- International Baccalaureate (IB) · Noble Educators # Economics tutoring Build understanding in Economics with one-to-one online lessons for International Baccalaureate (IB). Share your level, current topic and school specification so the tutor can focus on the next skill you need. PYP · MYP · Diploma Programme Live online support Book a free demo Try a free worksheet ![Student working through a lesson in a notebook beside a laptop](https://nobleeducators.com/sat-redesign/support-student.webp) Live, one-to-one learning Noble Educators Know what comes next ## A closer look at Economics. 01 ### What to focus on in Economics State the assumptions behind an economic explanation. Distinguish a change in a good’s own price from a change in another influence on demand, and explain the chain of reasoning rather than naming a diagram alone. 02 ### Match practice to your actual course PYP is for ages 3–12, MYP for 11–16 and DP for 16–19. School grade labels vary. The Career-related Programme is a separate route: ask about support for its individual DP subjects. Guidance develops the student’s own work and follows academic integrity requirements. PYP · MYP · Diploma Programme. Your school’s subject choices, topic sequence and assessment tasks determine the detailed plan. The practice set below samples economics: scarcity, demand and opportunity cost; it is not a complete syllabus or an official exam paper. 03 ### Prepare a useful question for your tutor Bring one attempted question and show your working or first draft. Explain what you tried and where the reasoning stopped. Together, identify whether the difficulty is treating opportunity cost as every possible alternative added together or a missing prerequisite, then try a fresh problem independently. Understand it. Try it. Review it. ## Put your economics learning into practice. Worked example · Economics: scarcity, demand and opportunity cost ### A student can spend an evening working for 30 currency units or attending a free concert. What is one opportunity cost of choosing the concert? 1. Time is scarce, so both activities cannot be chosen for that evening. 2. The next best alternative is the paid work. 3. The foregone earnings are 30 currency units, assuming that work was the next best alternative. The concert being free does not remove opportunity cost. Common mistakes to check - Treating opportunity cost as every possible alternative added together - Confusing a movement along demand with a shift of demand [Preview the worksheet](https://nobleeducators.com/learning-worksheets/economics-practice.pdf) Free PDF · 6 activities · Answers included ### Economics: scarcity, demand and opportunity cost Secondary economics: core concepts. A focused topic sample with space to work and an answer key for checking your reasoning. [Download worksheet](https://nobleeducators.com/learning-worksheets/economics-practice.pdf) [Preview questions and answers](https://nobleeducators.com/learning-worksheets/economics-practice.pdf) Original Noble Educators practice. Not an official exam paper or a complete course syllabus. More than a lesson ## A clearer explanation. A more confident next step. Your questions shape the lesson. Your learning continues afterwards. ![Student wearing headphones and working in a notebook beside a laptop](https://nobleeducators.com/homepage/feature-student.webp) Live, one-to-one learning Noble Educators ### Space to ask. Time to understand. Work through a difficult idea with a teacher who can adapt the explanation to your questions. ### Practice with a purpose Connect your economics lessons with focused practice and review the steps behind each answer. ### Access lesson recordings Revisit an explanation between sessions and bring your follow-up questions to the next lesson. ### Your student dashboard Keep your lessons and available learning resources together in one place. Agree a schedule that fits your school week and time zone. Find your starting point Keep exploring ## The next useful page. 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