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IB Approved Workshops
Economics (New Syllabus)
IB DP Category 2
Paris, France, 21 - 23 February 2025
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Economics (New Syllabus)
IB DP Category 1
Barcelona, Spain, 14 - 16 November 2025
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Virtual Think-Ins
The new Extended Essay in DP Economics (first exams M27) group 1
Virtual Think-In, 9 April 2025
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The new Extended Essay in DP Economics (first exams M27) group 2
Virtual Think-In, 14 April 2025
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Unit 4: Global economy
The balance between markets and intervention Free
Are market based or interventionist approaches to development the most effective or might a combination of both provide the most effective formulae for development? Lesson time: 2 hours Lesson objectives:...
Unit 4: Global economy
The role of international debt Free
This page focuses on the problems created by indebtedness within LEDCs and firstly asks the question, how did third world debt became so unmanageable? This page also looks at the impact this has had...
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Unit 4: Global economy
Multilateral development assistance
This lesson looks at the roles of the IMF and the World in promoting economic development. Under the old syllabus this page was covered under unit 4.6. Understanding the role of the IMF and the World...
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Unit 4: Global economy
The role of foreign aid
This lesson focuses on the role of aid in assisting economic development in LEDCs. This lesson also looks at a question debated by economists for almost as long as nations have been receiving aid. Does...
Unit 4: Global economy
The role of foreign direct investment (FDI)
How does direct investment from overseas MNCs impact on the level of development in an LEDC. Are Western consumers prepared to pay more for their consumer goods so that working conditions in LEDCs improve?...
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Unit 4: Global economy
The role of international trade and development
How do each of the following contribute towards economic growth and economic development - import substitution, export promotion, trade liberalization, the role of the WTO, bilateral and regional preferential...
Unit 4: Global economy
The role of domestic factors
What role do the following factors play in contributing towards economic development - investments in education and health, the use of appropriate technology, access to credit / micro-credits, the empowerment...
Unit 4: Global economy
Development trading game
This activity, called the International trade game is a fun simulation where your classes can trade with each other. While there are are a number of similar games available online I use this particular...
Unit 4: Global economy
Barriers to development in International trade
How do the following act as barriers to development for economically less developed countries - over-specialization on a narrow range of products, price volatility of primary products, inability to access...
Unit 4: Global economy
Barriers to development
Why are some countries richer than others? Are the world's poorest nations growing or are many stuck in a poverty trap that makes growth and development difficult? To what extent do LEDCs share similar...