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Dedicated IB Economics · HL and SL

IB Economics, engineered for the 7.

Most centres dilute IB students into A Level classes. ETG does the opposite. IB students sit in dedicated IB classes, taught from an in-house IB curriculum and IB specific textbooks, by a team trained to teach the IB rubric, not just the content. It is a quieter, more deliberate kind of programme, built for families who expect excellence.

Mr Eugene Toh on the dedicated IB difference
95%+
Scored a 7
in recent cohorts
19
Years specialising
in Economics
4,000+
Students guided
since 2007

In recent cohorts, over 95% of our IB students scored a 7, self-reported by students. Self reported figures carry the usual response and selection bias, and past results do not guarantee future ones. We show the figure because students told us themselves, but the student voices below are the better proof.

As featured in The Straits Times Yahoo News Lianhe Zaobao AsiaOne
Never diluted

Two aggregate supply models are correct in the IB. We teach your child both.

IB Economics is not A Level Economics with different paperwork. It accepts two aggregate supply models where A Level runs on one. It pays for real world examples in a way A Level does not. It has a Paper 3 and an Internal Assessment that A Level has no equivalent of. The gaps are small, specific and expensive, and a tutor trained on A Level has no particular reason to know where they are. Here are six of them, written down.

Rule 01

Both AS models, taught side by side

The IB accepts the monetarist model, with a vertical LRAS at potential output, and the IB Keynesian AS. Most IB teachers run on the monetarist one. A Level runs on the Keynesian one, and its three range version is not drawn the same way. Meet only one model and you hesitate at exactly the wrong moment. We teach both, and we teach which one a question is asking for.

Rule 02

The real world example is a gate, not decoration

Every Paper 1 part (b) needs a named, dated example developed across several sentences. Named but undeveloped caps the markband outright. This is the exact reverse of the A Level rule, and it is where A Level trained students stall below the top band.

Rule 03

Singapore appears at most once per answer set

The IB pays for global context. ERP, COE, MAS, HDB and the rest of the A Level furniture stay out of our IB answers. Your child leaves with a stock of examples from a dozen economies, not one.

Rule 04

HL machinery never leaks into SL

The multiplier, the Phillips curve, crowding out, behavioural economics, theory of the firm and Marshall Lerner are rigorous in an HL script and a defect in an SL one. Every HL only block in our books carries a printed badge, so an SL student never revises the wrong syllabus.

Rule 05

Paper 2 cites the text by location

"Text A, paragraph 5", in nearly every part, and never quoted verbatim. Part (g) is capped at three marks without reference to the text, which makes it the most expensive habit on the paper.

Rule 06

No Paper 3 answer ends on "it depends"

Part (b) runs five moves: the problem read out of the data, one policy, the mechanism with its diagram, a balanced evaluation, then a recommendation tied back to the data. A hedge is not an evaluation.

Six of the rules in the ETG Economics Writing Standard (IB) · 54,000 words · the single source of truth for how every ETG tutor teaches your child to write

This is what a dedicated IB class actually buys. Not a different room. A different set of rules, written down, that every tutor in the programme is held to.

The psychology of a 7

Two students. Same effort. Different result.

Your child is smart enough. The problem is rarely effort. It is direction. Almost every IB student we meet is one of two types.

Type 1

The content memoriser

"I understand the concepts, so why can't I score?"

  • Memorises the DD and SS, AD and AS models, but freezes on real world case studies
  • Paper 1: essays become content dumps, with weak intros and no real evaluation
  • Paper 2: gets lost in the data and misses easy calculation marks
  • Paper 3: can do the maths, but cannot evaluate policy convincingly
  • IA: picks random articles that do not link cleanly to concepts
Typical result, despite studying hardGrade 4 to 5
Type 2

The application master

"I know exactly what each paper demands."

  • Does not just memorise models, but integrates theory with real world application
  • Paper 1: a proper intro, body paragraphs that answer the question, evaluative conclusions
  • Paper 2: extracts insight from the data and executes calculations cleanly
  • Paper 3: handles the hybrid, calculations, recommendation and evaluation
  • IA: strategically selects articles that showcase specific concepts
Consistent, not luckGrade 7

ETG exists to move students from Type 1 to Type 2: to stop studying Economics like a textbook subject and start preparing as if an IB examiner is watching. In recent cohorts, over 95% of our IB students scored a 7, self-reported by students (caveats above).

Every paper, decoded

Four assessments. We prepare you for all four.

Most centres teach IB as if it were A Level with a different name. It is not. Each IB assessment has its own demands, and the grade is won or lost in the ones students neglect.

Paper 1

Extended response

Command term mastery, an essay structure that answers the question, and evaluation built on real world examples, not opinion.

Paper 2

Data response

Extract insight from the data, execute the calculations cleanly, and answer the full difficulty spectrum with focus, not vague statements.

Paper 3, HL

The quantitative hybrid

The part most centres skip because they teach A Level. Dedicated tutorials, step by step calculation walkthroughs, and policy recommendation and evaluation under pressure.

Internal Assessment

The commentaries

Three commentaries at 750 to 790 words, marked on five criteria. Article selection scored before your child commits, the key concept chosen before the draft, and the finished piece marked against the criteria. In full below.

How we decide what to drill in each of the four: we counted. Sixty papers, part by part.

How we know

We did not decide what matters in IB Economics. We counted.

Between 2019 and 2024 the IB set sixty Economics papers across HL and SL, Papers 1, 2 and 3. We transcribed every one, tagged every question part against the syllabus, and wrote a full model answer to each. Then we did it again for November 2024, May 2025 and November 2025. So when we tell your child a topic is high yield, we can show them the questions it came from, with the year, the paper, the timezone and the part.

60
IB papers transcribed,
tagged and answered
864
Question parts tagged
to the syllabus
227
Sub concepts mapped,
215 of them tested
3,172
Concept tags across
the whole corpus

What the exam actually rewards, in order

The syllabus lists 227 sub concepts. On the current syllabus, 102 of them are high yield and the rest are not. These are the top six, with the number of question parts each has appeared in since the 2022 syllabus began.

PartsSub conceptSyllabus unit
34Negative externalities of production and consumption, and welfare lossUnit 2
31Floating exchange rates, depreciation and appreciationUnit 4
29The determinants of currency demand and supplyUnit 4
28Economic barriers to growth and developmentUnit 4
28Indirect taxes and subsidies, and their effect on stakeholdersUnit 2
27Poverty traps and poverty cyclesUnit 4

A centre teaching the syllabus in order gives all 227 the same weight, because it has no way to tell them apart. Your child spends Term 4 on the ones that keep coming back.

What we are teaching into November 2026

The three most recent sessions, November 2024, May 2025 and November 2025, add 22 papers and 491 more concept tags on top of the corpus above. Two findings shape how Term 4 is built. All eight Paper 2 data responses across those three sessions were built on a global economy stimulus, trade, exchange rates, the balance of payments or development. And the "is this the most effective policy" fifteen mark template took the macroeconomics slot on all four Paper 1 papers in November 2025.

The IB sets the paper, not us · Pattern reading, not prophecy

The Internal Assessment

A fifth of the grade, and the part most students improvise.

Three commentaries, 750 to 790 words each, marked on five criteria. It is the only part of IB Economics your child writes without a clock running, which makes marks lost there the most avoidable in the subject. Most of them are lost before a word is written, in the choice of article.

Diagrams 3Terminology 2Application and analysis 3 Key concept 3Evaluation 3Rubric requirements 3
Stage 1

The article, scored first

Every candidate article is scored before your child commits to it: the unit it sits in, the diagram it can carry, the stakeholders it offers and the evaluation it can support. A weak article caps the commentary, and no amount of good writing afterwards recovers those marks.

Stage 2

The angle, before the draft

Which of the nine key concepts organises the piece, which fully labelled diagram it demands, the order the stakeholders are weighed in, and where the conditional judgement lands. Your child writes to a plan, not into a blank page.

Stage 3

The draft, against the criteria

Marked to the five criteria, after a compliance pass: measured word count, article date, the fully labelled diagram gate, syllabus vocabulary and nothing above it, the HL gate, and the fingerprints that tell an examiner a commentary was not written by the student.

IA support runs through our AI tools, through consultation requests with your tutor, or through dedicated paid one to one sessions. All three work off the same standard: 33 documents built from the official criteria, the IB guide's own wording, and three full review cycles on real student commentaries. The IA lessons sit in Year 5, so the work is done long before Year 6 needs the attention.

The academic infrastructure

Your IB Economics library.

Across two years, your child receives eleven professionally bound resources, each personally written by Mr Eugene Toh and updated every year to the current IB syllabus. A textbook or workbook every term, never a photocopy.

ETG IB Economics material: Microeconomics Express ETG IB Economics material: Macroeconomics Express ETG IB Economics material: IB Economics Textbook Volume 1 ETG IB Economics material: IB Economics Textbook Volume 2 ETG IB Economics material: IB Economics Textbook Volume 3 ETG IB Economics material: IB Economics Textbook Volume 4 ETG IB Economics material: IB Economics Textbook Volume 5 ETG IB Economics material: IB Economics Textbook Volume 6 ETG IB Economics material: IB Economics Workbook 1 ETG IB Economics material: IB Economics Workbook 2 ETG IB Economics material: IB Economics Workbook 3
11
bound resources
2
years of coverage
100%
IB specific content
Yearly
updated to the syllabus
Printed by us. Not for sale.

You cannot buy these books. Anywhere.

Mr Toh's other titles are published and on sale: the H1 and H2 TYS answer keys, published by SAP, and the 50 Model Essays series are stocked at Popular. The IB Geniusbooks are deliberately not. They are written, designed, typeset, proofread and printed in house, in short runs, for one cohort at a time.

No bookshop carries them, no other centre teaches from them, and there is no retail price, because there is no retail. The only way to hold one is to be an enrolled ETG IB student.

Inside the books

Not a photocopied worksheet in sight.

These are real pages from the two most recent volumes, as they went to press. Full bleed chapter openers, set piece infographics drawn from nothing, data spreads sourced to the original statistics, and practice papers typeset to IB conventions. Every figure is redrawn in house. Every number carries a citation.

The cover of ETG IB Geniusbook Economics Volume 4 (IB), a pink HDB block at dusk.
Year 5, Term 4

Volume 4 (IB)

225 pages. The macroeconomic aims, the Global Financial Crisis, behavioural economics, market failure and government failure, Singapore's tax system, two economies compared, and four full IB practice sets with their own answer booklets.

The cover of ETG IB Geniusbook Economics Volume 8, a causeway at twilight.
Year 6, Term 4

Volume 8

The final run at the papers. Six exam practice lessons across Paper 1, Paper 2 and Paper 3, then three predictive mock examinations, counted down week by week to the November Economics papers.

Chapter openers

Every chapter opens on a photograph and a paragraph that tells your child why the next twenty pages matter

A pink HDB block at dusk filling the page, above the chapter title I1, Macroeconomic Aims 1, living standards and its indicators.
I1, Macroeconomic Aims. The chapter opens on an HDB block, because the real question is whose cost of living an index is measuring.
A street of American suburban houses at dusk, above a dark panel titled PHS1, The Global Financial Crisis.
PHS1, the Global Financial Crisis. The street the 2008 crisis began on, and the chapter that follows it all the way to Singapore.
A covered night market aisle lit by hanging bulbs above fruit and vegetable stalls, with the title HSCE3, Market Failure below.
HSCE3, Market Failure. A night market aisle, where the chapter finds market failure stall by stall.
Office towers lit at night, above the chapter title HS11, Understanding Singapore's Tax System.
HS11, Singapore's tax system. Raffles Place at twenty past six, after the roads, the patrol and the MRT have already been paid for.

The set pieces

One diagram per chapter is built from scratch, to do work that a paragraph cannot

A diagram of a stacked tower labelled AAA, AA, A, BBB, BB and B, showing how one mortgage pool was sliced into tranches.
The Tower of AAA. One mortgage pool, bundled, sliced, rated and sold on worldwide, until it gave way.
A dark page titled The Singapore Plan, comparing the annual tax paid by a thirty thousand, a hundred thousand and a million dollar earner against the same list of public goods.
The Singapore Plan. Three earners, one identical set of public goods, and the effective rate each actually pays.
A page titled The Two Baskets, comparing a survey basket of fine dining and a city centre flat against a local basket of chicken rice and an MRT ride.
The Two Baskets. What a most expensive city in the world ranking is really pricing, and whose life it is built on.
A dark page titled One Week, Two Lives, with stacked bars dividing 168 hours into sleep, work and everything else for Singapore and Germany.
One Week, Two Lives. A hundred and sixty eight hours in Singapore against a hundred and sixty eight in Germany, drawn to scale.

Year 6: the examination book

Volume 8 is pure practice. Question papers typeset to IB conventions, with the answer booklets issued separately

A dark page titled The Road to the IB, listing nine practice lessons with the number of weeks remaining printed beside each.
The road to the IB. Nine lessons to the November papers, each with the weeks remaining printed beside it.
A dark page titled What the Papers Ask of You, showing the grade weightings, the planning arithmetic and the examination dates.
What the papers ask of you. The weightings, the revision arithmetic, and every examination date in one place.
A practice page with a bar chart of a current account balance and a line chart of an exchange rate, followed by exam questions.
Paper 3 practice. Figures redrawn to IB conventions, with every data series re-sourced to the current statistics.
A practice page with an income share table and a Lorenz curve plotted against the line of perfect equality, marked HL only.
A Lorenz curve, constructed. HL only content is badged throughout, so SL students never revise the wrong thing.

Volume 4 (IB) runs to 225 pages at A4, professionally bound. Both volumes are set in house on our own press files and reset every year against the current IB syllabus, so a diagram that changed in the guide changes in the book. Neither is available for sale.

The IB Economics team

Architected by an expert. Delivered by specialists.

Mr Eugene Toh, founder and curriculum architect
Founder and curriculum architect

Mr Eugene Toh

M.Sc. Applied Economics, SMU · B.A. Economics, NUS

One of Singapore's most published Economics educators and the author of the H1 and H2 TYS answer keys published by SAP and sold at Popular, and the 50 Model Essays series published with SAP. He personally writes every textbook, workbook and resource in the IB programme, and trains the team that delivers it.

"I design the system. I write the materials. And I train a team of exceptional tutors to deliver it, so every IB student gets the same rigorous, exam focused instruction."
C

Ms Cherilyn

Head of IB Economics

SMU Economics double major, Dean's List for all four years, recipient of the SMU Academic Excellence Award for Economics, and a Lee Kong Chian Scholar, formerly of RI and RGS. Leads the IB Economics programme at ETG.

Z

Mr Zhu

Carnegie Mellon, Cambridge

M.Sc. Business Analytics from Carnegie Mellon and a B.A. Economics from Cambridge. Combines quantitative rigour with theory, ideal for Paper 3 mastery.

J

Mr JW Goh

NUS Economics

NUS Economics, trained directly under Mr Toh's methodology over four years at ETG. Specialises in economic reasoning and essay technique.

Every tutor, the same standard. All IB economics tutors are trained on Mr Toh's methodology, use his materials, and follow ETG's exam focused framework.

And the part nobody sees

Every practice set your child sits is deconflicted before a word of it is written. A burn register records every donor question and every stimulus country used across both years, so no question and no country is ever reused between Year 5 and Year 6. A coverage map grades what has already been drilled, from referenced through defined, calculated, diagrammed and explained to evaluated, so a Term 4 paper does not spend its marks re-drilling what Term 1 already taught.

No chapter goes to print until Mr Toh has gated it. That is the machinery behind a book, and it is why the books cannot be bought.

The ETG experience

A sanctuary, not a classroom.

IB students are already stretched. Our centre is designed to feel calm and refreshing, a place where students arrive tired and leave energised, not burnt out.

Snacks and coffee bar

Brain fuel on the house, to keep energy up through intensive sessions.

Microwave and pantry

Bring your meals, warm them up, and eat comfortably before class.

Small cohorts

Deliberately small classes, so every student gets genuine attention.

IB group classes are held at our flagship centre, Coronation Plaza, 587 Bukit Timah Road. IA support comes through our AI tools, consultation requests with our tutors, or dedicated paid 1-1 sessions. Private one to one is available at Bukit Timah, Kovan, Pasir Ris, or online over Zoom, taught by the same specialist team. See our private 1 to 1 programme →

In their own words

Students from Singapore's top IB schools.

We would rather you heard it from them. Real ETG IB students, on the programme and the result.

Dhiren, St Joseph's Institution
Dhiren, St Joseph's Institution
Zachary, St Joseph's Institution
Zachary, St Joseph's Institution
Anthea, Hwa Chong Institution
Anthea, Hwa Chong Institution

ETG IB students come from SJI, ACS Independent, HCI, SOTA, UWC, Singapore American School and Tanglin. Read 500+ verified reviews →

Enrollment

Choose your path.

Whether your school sits the November or the May examinations, there is a route built for your timeline.

November exams · SJI, ACS Independent, HCI, SOTA

Dedicated IB group classes

For both HL and SL. SL students attend the HL class and are told which lessons they may skip.

IB Year 5 and Year 6 · onsite or Zoom
$120 / lesson

Group sign-up discount: register with a friend, $50 off per term. A group of 3, $100 off per term. A group of 4, $150 off per term.

  • Every lesson is recorded. You can replay any lesson conducted while you are enrolled, whether you attended it or missed it. That builds to 100+ recordings across the full two-year IB course
  • All 11 IB specific textbooks and workbooks
  • Zoom livestream or in person, switch anytime
Register for Group Classes
May exams · UWC, SAS, Tanglin

Two routes

Form a group, 4 or more from your school$120/lesson
Private one to one$150 to $250/hour

We will build a dedicated class around your school's May timeline, or pair you with a specialist tutor. Explore one to one →

Try first

Attend a trial class

Attend a trial class, subject to availability. Experience the dedicated IB difference before committing.

Attend a Trial Class

All group fees include the full LMS, all 11 IB resources, and the flexibility to switch between onsite and online. Confidential financial assistance of 25% to 100% is available for the weekly programme, subject to approval. See the full schedule and fees →

IB economics, answered

Questions families ask.

ETG runs dedicated IB Economics classes, never mixed with A Level students, taught from an in-house IB curriculum and 11 IB specific textbooks and workbooks written by founder Mr Eugene Toh and printed in house. Behind the teaching sits an IB corpus most centres do not attempt: 60 IB papers from 2019 to 2024 transcribed, tagged part by part against the syllabus and answered in full, 864 question parts mapped to 227 sub concepts, and a written IB writing standard every tutor is held to. The teaching is focused on what the IB rubric rewards across Paper 1, Paper 2, the HL Paper 3, and the Internal Assessment.

Dedicated IB group classes are $120 per lesson, onsite or on Zoom, for both IB Year 5 and Year 6. Group sign-up discount: register with a friend, $50 off per term. A group of 3, $100 off per term. A group of 4, $150 off per term. Private one to one ranges from $150 to $250 per hour depending on the tutor. All group fees include the 11 IB resources and full LMS access. Every lesson is recorded. You can replay any lesson conducted while you are enrolled, whether you attended it or missed it, building to 100+ recordings across the full two-year IB course. Attend a trial class, subject to availability. Confidential financial assistance of 25% to 100% is available for the weekly programme, subject to approval.

No. IB students are never placed in an A Level class. The difference is not only the papers, it is the conventions. The IB accepts two aggregate supply models, the monetarist model with a vertical LRAS and the IB Keynesian curve, while A Level runs on one, so students who meet only one model hesitate when a question expects the other. IB Paper 1 requires a named, dated real world example developed across several sentences, which inverts the A Level rule. Singapore specific material such as ERP, COE and MAS belongs to A Level answers, while the IB rewards global context. ETG teaches IB from its own curriculum, its own IB specific materials and a written IB writing standard, not repackaged A Level content.

In recent cohorts, over 95% of our IB students scored a 7, self-reported by students. The figure is self reported and carries response and selection bias, and past results do not guarantee future ones. We publish it because students told us themselves, and we lead with student videos because they are the stronger proof.

The programme is designed by Mr Eugene Toh, M.Sc. Applied Economics from SMU and B.A. Economics from NUS, author of the H1 and H2 TYS answer keys, and delivered by a handpicked specialist team including Ms Cherilyn, Head of IB Economics, a Lee Kong Chian Scholar from SMU, and Mr Zhu, who holds a B.A. Economics from Cambridge and an M.Sc. from Carnegie Mellon. Every tutor is trained on Mr Toh's methodology and materials.

Yes. Group classes cater to both. SL students attend the HL class and are told which lessons, such as HL only Paper 3 content, are not relevant to their syllabus, so they focus only on what they are examined on while benefiting from the same teaching and resources.

Yes. Every group class is available via Zoom livestream, and students switch between onsite at Coronation Plaza and online anytime. Every lesson is recorded and uploaded to the LMS after class. You can replay any lesson conducted while you are enrolled, whether you attended it or missed it. Private one to one is available online as well as at Bukit Timah, Kovan and Pasir Ris.

2024 IB classes were fully booked

Do not let grade volatility define their IB journey.

Your child is smart enough to score a 7. They need the right system, one that teaches clarity, masters the rubric, and removes the mark killers. That is what ETG provides.

Our admin team will contact you within 24 hours

Last updated July 2026

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