Mathematics and Economics

Free

SUBJECT COMBINATION AT JOHNSON IB

Option 1
HL Mathematics
Physics
Chemistry
SL English
French \ Hindi
Economics
Option 2
HL Mathematics
Economics
Business Management
SL Biology\Physics\Chemistry\Computer Science
French \ Hindi
English

COURSE DESCRIPTION
Mathematics enables students to; develop mathematical knowledge, concepts and principles. Develop logical, critical and creative thinking and employ and refine their powers of abstraction and generalization. It is a requirement that students take Mathematics at Higher level to fulfill the requirements of various university and career aspirations.

The Economics course emphasizes the economic theories of microeconomics, which deal with economic variables affecting individuals, firms and markets, and the economic theories of macroeconomics, which deal with economic variables affecting countries, governments and societies. These economic theories are not to be studied in a vacuum—rather, they are to be applied to real-world issues. Prominent among these issues are fluctuations in economic activity, international trade, economic development and environmental sustainability.

ALUMNI

1 RAHUL REDDY PATLOLLA LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE, UK B.SC MATH & ECONOMICS
2 NITHIL CHIGULLAPALLY THE UNIVERSITY OF NOTTTINGHAM, UK BA INDUSTRIAL ECONOMICS
3 JAYANTH SAI B WARWICK UNIVERSITY, UK B.SC ECONOMICS AND INDUSTRIAL ORGANISATION

MATHEMATICS AND ECONOMICS
The study of economics is essentially about dealing with scarcity, resource allocation and the methods and processes by which choices are made in the satisfaction of human wants. As a dynamic social science, economics uses scientific methodologies that include quantitative and qualitative elements.

The economics course encourages students to develop international perspectives, fosters a concern for global issues, and raises students’ awareness of their own responsibilities at a local, national and international level. The course also seeks to develop values and attitudes that will enable students to achieve a degree of personal commitment in trying to resolve these issues, appreciating our shared responsibility as citizens of an increasingly interdependent world.