Activities
Case study: Record fall in household incomes erases a decade of growth
This page includes the student activities for the teacher page: Case study: Record fall in household incomes erases a decade of growth The bleak forecasts were released alongside Jeremy Hunt's Autumn...
eBook
Unit 4.5 Exchange rates
An exchange rate is the price of one currency in terms of another set on the foreign exchange markets. Exchange rates are an important aspect of international trade because international transactions...
Lesson plans
Unemployment v inflation trade off (HL only)
This lesson looks at the Phillips curve, a diagram which illustrates the relationship between inflation and unemployment. An important note for your classes to understand is that in reality any relationship...
Activities
Unemployment v inflation trade off (HL only)
This page includes the student activities for the teacher page: Unemployment v inflation trade off (HL only) Phillips curve - an economic concept developed by A. W. Phillips stating that inflation and...
Lesson plans
Inflation review sheet
I have included this page, which contains a PDF handout as a simple revision exercise. I find that many IB students get a degree of comfort from these short summary handouts. The page including the student...
Activities
Inflation review sheet
I have included this page, which contains a PDF handout as a simple revision exercise. I find that many IB students get a degree of comfort from these short summary handouts. This page includes the student...
eBook
Unit 4.2/4.3 Trade protectionism
While most economists see a very strong case for free trade between countries, most countries use trade barriers to restrict it. This chapter covers tariffs, quotas, subsidies, and administrative barriers....
eBook
Unit 4.1 Benefits of international trade
Most economists agree that free international trade benefits the economy's various stakeholders. Evidence suggests that households, firms, and governments have all benefited from increased international...
Lesson plans
Costs of inflation and deflation
This lesson focuses on the costs of both inflation and deflation. The page containing the student activities for this page can be accessed at: Costs of inflation and deflation What are the costs of...
Activities
Costs of inflation and deflation
This page contains the student activities for the teacher page: Costs of inflation and deflation Hyper inflation - very high and typically accelerating inflation, of generally several hundred %. It...