IB Economics Study Plan: Week-by-Week Schedule | LearnByTeaching.ai
This 10-week IB Economics revision plan covers microeconomics, macroeconomics, and the global economy for both SL and HL students. The plan emphasizes diagram accuracy and essay technique, since IB Economics rewards clear, labeled diagrams and real-world examples. HL students will also practice Paper 3 quantitative calculations.
10
weeks
8
hrs / week
80
total hours
Weekly Plan
Rest & Review Strategy
Take one full day off per week. On rest days, casually read economics news (The Economist, BBC Business) to collect real-world examples without the pressure of exam practice. This keeps your knowledge current while giving your mind a break from diagrams and essays.
Adjustment Tips
- 1
If you are SL only, skip HL calculations and Paper 3 practice, and use that time for extra essay practice.
- 2
If diagrams are your weakness, spend 10 minutes every day drawing key diagrams from memory before starting other revision.
- 3
If your IA portfolio is incomplete, allocate 2 hours per week and extend this plan to 12 weeks.
- 4
If you consistently forget to include evaluation in essays, practice writing evaluation paragraphs separately before integrating them.
- 5
If you are revising for multiple IB subjects, reduce to 6 hours per week and focus exclusively on diagrams and past papers.
Final Week Protocol
Day 1
Monday: Draw all key IB Economics diagrams from memory — externalities, market structures, AD/AS, tariffs, exchange rates.
Day 2
Tuesday: Practice one timed Paper 1 essay to maintain sharpness.
Day 3
Wednesday: Review your real-world examples list — make sure you have 2-3 examples per topic area.
Day 4
Thursday: Light review of summary sheets and HL calculation formulas (multiplier, PED, tariff areas).
Day 5
Friday: Review exam schedule, paper timing, and what materials to bring.
Day 6
Saturday: Rest completely — read some economics news for pleasure but no exam practice.
Day 7
Sunday (Exam Day): Define key terms first, draw accurate labeled diagrams, use real-world examples, and always evaluate in your essays.