Activities
A comparison of monopoly and perfect competition (HL only)
This page contains the student activities for the teacher page: A comparison of monopoly and perfect competition (HL only) The activities on this page are available as a worksheet in PDF form at: Monopoly...
Lesson plans
Monopoly short answer questions
1. Fill in the following table for a monopoly’s market characteristics One No close substitutes Imperfect High Price setter A firm has more than 25% market share 2. Match the following descriptions to...
Activities
Monopoly short answer questions
This page contains the student activities for the teacher page: Monopoly short answer questions 1. Fill in the following table for a monopoly’s market characteristics Market characteristics Monopoly...
Activities
Perfect competition short answer questions
This page contains the student activities for the teacher page: Perfect competition short answer questions 1. Assumptions of Perfect Competition Read the following extract on the wheat market, and then...
Activities
Market structures (HL only)
Direct links to the unit pages can be accessed at: This is the beginning of the section on perfect competition. There are a number of paper one questions on this topic, some of which are included on this...
Lesson plans
Unit 2.11: Multiple choice quiz (HL only)
The questions are available as a PDf file at: Quiz questions The page containing the student activities for this page can be located at: Unit 2.11: Multiple choice quiz (HL only) ...
Activities
Unit 2.11: Multiple choice quiz (HL only)
The student activities on this page are connected to the teacher page: Unit 2.11: Multiple choice quiz (HL only) The questions are available as a PDf file at: Quiz questions ...
Lesson plans
Unit 2.11: Costs, revenue and profit 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 student activities for...
eBook
Unit 3.7(1) Market based supply-side policies
The market-based supply-side approach involves the government trying to increase aggregate supply by using policies that allow markets to function more efficiently and to achieve the macroeconomic objectives...
Lesson plans
Revision exercise on cost and revenue (HL only)
This page contains a simple revision exercise for your classes to test how many of the definitions they can remember. I have included two printable handouts, the teacher's copy with the correct responses...