Blog
The cost of war Free
A potential military conflict in Ukraine will come with costs for all those, directly and indirectly, affected by a war situation. To examine the costs involved in a war, it is interesting to examine...
Blog
The price of Champagne Free
Like so many goods in this inflationary period, there has been a significant increase in the price of luxury items over the last 12 months. An example of this is Champagne which has increased in price...
Lesson plans
Unit 4.7 - 4.10: Development multiple choice quiz
The multiple choice quiz is available as a PDF file at: Development quiz ...
Blog
US inflation Free
The US rate of inflation reached 7 per cent on Thursday 13 January – the highest it has been for 40 years. From a low of 1.4 per cent in January 2021 the US inflation rate has increased each month this...
Lesson plans
Unit 4.7 - 4.10: Multiple choice quiz
Available as a PDF file at: Development quiz...
Activities
Who wants to be a millionaire
When the hit television show 'who wants to be a millionaire' came to the UK in 1998 it became an instant hit. Here is your chance to play the game using only your IB economics knowledge. Before playing...
Activities
Economic jeopardy
Your students who enjoyed playing who wants to be a millionaire and speed match, may also enjoy this page, which contains a set of games based on the popular television series jeopardy. I hope your students...
Blog
Apple: the first business to be valued at $3 trillion Free
On January 4 2022 Apply became the first business in the world to be worth $3 trillion. If Apple were a country its value would put it just behind Germany which is the world’s fourth-biggest economy....
Assessment
Sample 8a
The following page provides a sample IA for you to practise on, sample number 8a - microeconomics. This sample is designed to be graded alongside sample number 8b and 8c. Sugar tax: How will it work?...
Blog
Economic well-being Free
In his book, An Economist’s Lessons on Happiness: Farewell Dismal Science! (2021) Professor Richard Easterlin explains how personal happiness can be measured along with ways of improving people’s happiness...