# NAVIA SCHOOL ## Posts - [Key Concepts for IB Economics Internal Assessment 2025](https://naviaschool.com/key-concepts-for-ib-economics-internal-assessment-2025/): Overview Understanding the key topic reflected in the IB Economics IA is key to maximise the number of marks. Below are the 9 concepts that IAs for Macroeconomics, Macroeconomics and Global Economy should fit under: ** Quick tips: Definitions Scarcity Scarcity refers to the fundamental economic problem of having limited resources to meet unlimited wants and needs. It forces individuals and societies to make choices about how to allocate resources efficiently. Understanding scarcity is crucial for analyzing how choices are made in an economy and how resources are allocated. It underpins the study of supply and demand, as well as… - [IB Economics Internal Assessment](https://naviaschool.com/ib-economics-internal-assessment/): Whether your Internal Assessment (IA) is related to Microeconomics, Macroeconomics or Global Economy, you should be able to demonstrate your understanding of the theory and you communication skills. What does this actually mean? The one step that will take you closer to getting the maximum 15-marks for your IA is choosing the right article. This means: Lastly, let’s remember how the IA will be marked: - [Where can you find modulus in real life?](https://naviaschool.com/where-can-you-find-modulus-in-real-life/): Text goes here to explain. $$ \frac{1}{3} $$ This question is about modulus from the IB past exam paper ## Pages - [Accounting Tutoring](https://naviaschool.com/accounting-tutoring/): ABOUT US We Providing The Best Quality Online Courses. 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