IB Docs (2) Team
Sitemap
- Start here
- The IB core
- Textbook
- Contents page
- Textbook approach to the new IB Economics examination specification
- Chapter 1: Introduction to Economics
- Chapter 2: Microeconomics
- Unit 2.1: Demand theory
- Unit 2.2: Supply theory
- Unit 2.3: Competitive market equilibrium
- Unit 2.4(1): Behavioural economics (HL)
- Unit 2.4(2): Business objectives (HL)
- Unit 2.5(1): Price elasticity of demand (PED)
- Unit 2.5(2): Income elasticity of demand (YED)
- Unit 2.6: Price elasticity of supply (PES)
- Unit 2.7(1): Governments in markets - tax and subsidy
- Unit 2.7(2): Governments in markets - price controls
- Unit 2.8(1): Market failure – externalities
- Unit 2.8(2): Market failure - merit goods and demerit goods
- Unit 2.8(3): Government intervention to manage externalities, merit and demerit goods
- Unit 2.8(4): Common access (pool) resources
- Unit 2.9: Public goods
- Unit 2.10: Asymmetric information (HL)
- Unit 2.11(1) Market power - Theory of production and costs (HL)
- Unit 2.11(2) Market power - Perfect competition(HL)
- Unit 2.11(3) Market power - Monopoly(HL)
- Unit 2.11(4) Market power - Monopolistic competition(HL)
- Unit 2.11(5) Market power - Oligopoly(HL)
- Economics real world examples and extension material
- Chapter 3: Macroeconomics
- Unit 3.1(1): Measuring the level of economic activity
- Unit 3.1(2): Measuring Economic Development
- Unit 3.2(1): Variations in economic activity - aggregate demand (AD)
- Unit 3.2(2): Variations in economic activity - aggregate supply(AS)
- Unit 3.3(1) Macroeconomic objectives: economic growth
- Unit 3.3(2) Macroeconomic objectives: unemployment
- Unit 3.3(3) Macroeconomic objectives: inflation and deflation
- Unit 3.4(1) Economics of inequality and poverty
- Unit 3.4(2) Policies to improve equality, equity and poverty
- Unit 3.5 Government management of the economy – monetary policy
- Unit 3.6 Government management of the economy – fiscal policy
- Unit 3.7(1) Market based supply-side policies
- Unit 3.7(2) Interventionist supply-side policies
- Economics real world examples and extension material
- Chapter 4: The Global Economy
- Unit 4.1 Benefits of international trade
- Unit 4.2/4.3 Trade protectionism
- Unit 4.4 Economic integration
- Unit 4.5 Exchange rates
- Unit 4.6 Balance of payments
- Unit 4.7 Sustainable development
- Unit 4.8 Measuring development
- Unit 4.9 Barriers to economic development
- Unit 4.10: Economic growth and economic development strategies
- Economics real world examples and extension material
- Units 1-2: Microeconomics
- Unit 1: Introduction to economics
- Unit 2.1-2.3: Competitive markets - demand and supply
- Unit 2.4: Consumer and producer behaviour (HL only)
- Unit 2.5-2.6: Elasticity
- Unit 2.7: The role of government in microeconomics
- Unit 2.8-2.10: Market failure
- Unit 2.8: Merit goods
- Unit 2.8: Demerit goods / negative externalities
- Market failure crossword
- Unit 2.9: Economics of the environment and public goods
- Unit 2.10: Asymmetric information (HL only)
- Unit 2.8-2.10: Market failure review sheet
- Unit 2.8-2.10: Market failure review terms
- Unit 2.7-2.10: Multiple choice quiz
- Unit 2.7-2.10 Government failure revision quiz
- Unit 2.11: Market power (HL only)
- Assessment map
- Production (HL only)
- Revenue theory (HL only)
- Costs of production (HL only)
- Economic profit (HL only)
- Market power crossword
- Revision exercise on cost and revenue (HL only)
- Unit 2.11: Costs, revenue and profit review sheet (HL only)
- Unit 2.11: Multiple choice quiz (SL units)
- Market structures (HL only)
- Perfect competition (HL only)
- Monopoly (HL only)
- Monopolistic competition (HL only)
- Oligopoly (HL only)
- Unit 2.11: Market structures review sheet (HL only)
- Unit 2.11: Diagram revision
- Unit 2.11: Multiple choice quiz (HL only)
- Unit 2.12: The market’s inability to achieve equity (HL only)
- Unit 3: Macroeconomics
- Unit 3.1: Measuring economic activity and illustrating its variations
- Unit 3.2: Variations in economic activity—aggregate demand and aggregate supply
- Aggregate demand and supply
- Components of aggregate demand
- Equilibrium in macroeconomics (neo-classical perspective)
- Equilibrium in macroeconomics (keynesian perspective)
- John Maynard Keynes
- Keynesian v free market debate
- Changes in the long run aggregate supply
- Unit 3.2: Aggregate demand and supply review sheet
- Unit 3.5 and 3.6: Demand management - fiscal and monetary policy
- Unit 3.7: Supply side policies
- Unit 3.1-3.2 and 3.5-3.7: Revision quiz
- Unit 3.3: Macroeconomic objectives
- Unit 3.4: Economics of inequality and poverty
- Unit 4: Global economy
- Unit 4.1: Benefits of international trade
- Unit 4.2-4.3: Trade protection
- Unit 4.4: Economic integration
- Unit 4.5: Exchange rates
- Unit 4.6: Balance of payments
- Units 4.1-4.6: Multiple choice quiz
- Unit 4.1-4.6: Multiple choice quiz II
- Unit 4.1-4.6: International trade crossword
- Unit 4.7: Sustainable development
- Unit 4.8: Measuring development
- Unit 4.9: Barriers to development
- Unit 4.10: Economic growth and/or economic development strategies
- Assessment
- Exam style questions
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