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Lesson plans
Unit 2.12: The market’s inability to achieve equity (HL only)
This is the last of the Market Failure units and considers the strengths and weaknesses of both market based and interventionist approaches to development / economic growth. The page considers whether...
Activities
Unit 2.12: The market’s inability to achieve equity (HL only)
This page contains the student activities for the teacher page: Unit 2.12: The market’s inability to achieve equity (HL only) The following two videos paint a very different picture of free market capitalism. ...
Lesson plans
Unit 2.11: Multiple choice quiz (HL only)
The page containing the student activities for this page can be accessed at: Unit 2.11: Multiple choice quiz (HL only) Available as a PDF file at: Theory of the firm...
Activities
Unit 2.11: Multiple choice quiz (HL only)
This page contains the student activities for the teacher page: Unit 2.11: Multiple choice quiz (HL only) Available as a PDF file at: Theory of the firm...
Lesson plans
Unit 2.11: Diagram revision
The page containing the student activities for this page can be accessed at: Unit 2.11: Diagram revision 1. Complete the following diagrams: Perfectly competitive firm in the LR Perfectly competitive...
Activities
Unit 2.11: Diagram revision
This page contains the student activities for the teacher page: Unit 2.11: Diagram revision 1. Complete the following diagrams: Perfectly competitive firm in the LR Perfectly competitive firm making...
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Lesson plans
Unit 2.11: Market structures review sheet (HL only)
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 2.11: Market structures review sheet (HL only)
This page contains the student activities for the teacher page: Unit 2.11: Market structures review sheet (HL only) The review sheet is available as a PDF file at: Review sheet...
Lesson plans
Game theory questions
1. Firms operating in Oligopoly industries tend keep prices stable. They know that the actions of one firm will impact on the other firms in the industry, in other words they are _______________. Instead...
Activities
Game theory questions
This page contains the student activities for the teacher page: Game theory questions 1. Firms operating in Oligopoly industries tend keep prices stable. They know that the actions of one firm will impact...