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Activities
Unit 3.2: Aggregate demand and supply review sheet
This page contains the student activities for the teacher page: Unit 3.2: Aggregate demand and supply review sheet Available as a PDF file at: Review sheet...
Lesson plans
Keynesian v free market debate
This page contains a historical account of the most recent financial crisis to hit the USA and the measures employed to rescue their ailing economy. There are two significant questions to take out of...
Activities
Keynesian v free market debate
This page contains the student activities for the teacher page: Keynesian v free market debate Watch the following short video which describes, in simple terms, the origins of the financial crisis. ...
Lesson plans
Unit 3.1: Economic activity 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 containing the...
Activities
Unit 3.1: Economic activity review sheet
This page contains the student access activities for the teacher page: Unit 3.1: Economic activity review sheet The review sheet can be downloaded and printed as a PDF file at: Review sheet...
Activities
The business cycle
This page contains the student access activities for the teacher page: The business cycle Begin by watching the following video which introduces the concept of the business cycle. Watch the short video...
Lesson plans
National income statistics
This lesson begins by looking at national income statistics and why governments collect this data. A simple way for your classes to understand this concept is to think about national income statistics...
Activities
National income statistics
This page contains the student access activities for the teacher page: National income statistics Governments collect national income statistics for a variety of reasons. Some of these include the following:...
Lesson plans
GDP / GNI as a measure of living standards
This lesson looks at the difference between GDP and GNI, which many economists believe is the more accurate measure of a nation's wealth. Lastly, the page illustrates the importance of factoring in the...
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Activities
GDP / GNI as a measure of living standards
This page contains the student access activities for the teacher page: GDP / GNI as a measure of living standards Bigmac index - an index used to measure the purchasing power parity (PPP) between two currencies....