IB DP 2 Economics (SL)
Ancourage Academy · IB DP · DP 2
Content reviewed: Jan 2026
IB DP 2 Economics (SL) tuition at Ancourage Academy in Singapore (Bishan & Woodlands) offers personalised classes of 3-6 students, aligned with the IB Diploma Programme Group 3 syllabus. Weekly 2-hour lessons use our ESB methodology to consolidate microeconomics, macroeconomics, and international trade understanding. "DP success comes from connecting knowledge across disciplines—students who see patterns between subjects excel in examinations," notes our curriculum team. Our structured approach helps students master diagram accuracy and policy evaluation for final assessments.
What Makes Us Different
Our proven teaching methodology combines evidence-based approaches for maximum learning effectiveness
Ebbinghaus Memory Theory
Self-directed retrieval scheduling where students learn to identify their own weak areas and plan review cycles accordingly — developing the metacognitive skills essential for A-Level success and independent university study.
Socratic Questioning
Rigorous dialectic questioning where students must justify their reasoning and consider counterarguments — 'What evidence supports this?' and 'Where could this logic break down?' — building the analytical rigour expected in higher education.
Bruner's Scaffolding
Minimal scaffolding with maximum autonomy — tutors pose challenging problems and observe, intervening only when students are genuinely stuck — preparing students to structure their own approach to unfamiliar problems.
Key Learning Outcomes
Master Key Concepts
Deep understanding of core topics aligned with MOE syllabus
Critical Thinking
Develop analytical and problem-solving skills
Exam Confidence
Strategic exam techniques and time management
Consistent Results
Improved grades and academic performance
Course Structure
Duration
2 hours per lesson
Full coverage with interactive learning time
Class Size
3-6 students per class
Close guidance, timely feedback, and ample practice
Materials
All materials provided
No material fees — all worksheets and resources included
Curriculum Overview
- ✓Microeconomics — Demand, supply, elasticity, government intervention, market failure.
- ✓Macroeconomics — Aggregate demand/supply, fiscal and monetary policies, inflation, unemployment.
- ✓International economics — Trade theory, WTO, exchange rates, balance of payments, protectionism.
- ✓Development economics — Indicators of development, poverty, inequality, and strategies for growth.
What IB DP 2 Economics SL students commonly work on
- 1
Diagram accuracy — drawing and labelling economic diagrams correctly under pressure
- 2
Evaluation depth — developing balanced arguments with real-world examples
- 3
IA completion — finalising the portfolio with three quality commentaries
- 4
Policy analysis — evaluating government interventions with appropriate economic reasoning
- 5
Data-response technique — interpreting and analysing economic data systematically
Learning Progression
Builds On
DP 1 Economics SL with micro, macro, international, and development economics foundations
Prepares For
IB Diploma examinations and university courses in business, social sciences, or economics
Key Transition
DP 2 consolidates economic analysis — fluent diagram use and policy evaluation under exam conditions.
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Frequently Asked Questions
DP 2 focuses on exam technique: timed past paper practice, mastering diagram drawing, and developing balanced evaluation. Regular practice with data-response questions and essay structure is essential for exam success.
The IA consists of three commentaries (800 words each) on different economics articles, covering microeconomics, macroeconomics, and international/development economics. All three should be completed early in DP 2 to allow time for refinement.
Students need fluency in approximately 20-25 core diagrams including demand/supply, market failure, AD/AS, and exchange rate diagrams. We help students master accurate diagram drawing and appropriate application to different scenarios.
Our small-group classes are intentionally kept between 3 and 6 students so every learner receives close guidance, timely feedback, and ample practice.
Each lesson is 2 hours, providing ample time for thorough coverage of topics and interactive learning.
Yes. All lesson materials and worksheets are provided and included in the fees. Students should bring regular stationery and, where applicable, school textbooks/workbooks for reference.
Yes. Our materials and pacing align with the MOE syllabus. External syllabuses (e.g. IGCSE, IB) are available upon request.
Ready to Get Started?
Enquire now and experience our proven teaching methodology
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