EKONOMÄ°
Economics has seen another eventful year and help
focus the attention of the economıcs department.
This was highlighted by the economic events that
were happening outside the school in Turkey and also
the rest of the World. The International section of the
syllabus was dramatically highlighted by the exchange
rates and inflation, that have come to life in such a big
and dramatic way came to life in a very big way and
many students used these events as the source of their
economic commentaries. The economic commentaries
are part of the internal assessment that is part of the
internal assessment; the students have to do for the IB
Economics Diploma.
The thoughts and actions were particularly highlighted
in International trade. This year has to see n some of
the most dramatic events unfolding in recent economic
history. The question of protection or to be free has
become a global issue and not an economic textbook
debate. It is hoped that all these dramatic global
economic events will highlight the importance and
understanding of World events in the light of economic
theory.
The prep classes were involved in the Trade Game
simulation on a Saturday morning, the complexities of
the real world became more apparent to the students,
and economics seemed to become more relevant and
tangible to the student and not just the Dismal Science.
Year 11 the students went to a water bottling plant
in Erzurum, and actually saw firsthand the concept
of factors of production. They were able to relate the
theory they learn in the classroom, to what is actually
going on in the real world. I must thank the owners for
their generous help in allowing this field trip to be so
successful.
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THE CLAPPER 2018 - 2019