Which Course Do I Take, IBDP Business Management or IBDP Economics?
Are you still trying to decide which group 3 course to take between IBDP Business Management and IBDP Economics? Do you want to know what the difference between Business Management and Economics is? In IBDP Business Management you learn about business management and in IBDP Economics you learn about...economics.
IBDP Business ManagementA business person does not spend money, they invest money. When a business person spends money, they are doing so with the expectation that they will achieve a profit sometime in the future. A business person will not spend money without gaining something from it in return. Business management is the study of making data from our surrounding environment to help us justify and decide whether or not a business person should or should not invest their money.
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IBDP EconomicsEconomics is built upon a fundamental problem that the needs and wants of consumers are unlimited, however the resources needed to meet the unlimited needs and wants of consumers are scarce and limited, thus decisions must be made. Economics is the study of how and why we are forced to make decisions.
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Global Grade Distribution for IBDP Business Management
Global Grade Distribution for IBDP Economics