Assessment
Paper 2 question on consumer and business confidence, economic growth and economic forecasting
IB Economics Paper 2 includes two questions, and students need to choose one. This is a sample Paper 2 question. The time allowed for Paper 2 is 105 minutes. This Paper 2-style question is on consumer...
Assessment
Paper 2 question on economic growth, measuring development, poverty and inequality
IB Economics Paper 2 includes two questions, and students need to choose one. This is a sample Paper 2 question. The time allowed for Paper 2 is 105 minutes. This Paper 2-style question covers common-pool...
eBook
Unit 3.4(1) Economics of inequality and poverty
Equality in economics refers to the same economic outcomes for different people in society. We often consider equality in how the income generated by a country's economic activity is shared amongst the...
Activities
Unit 2.5: Price elasticity of demand
This page contains the student activities for the teacher page: Unit 2.5: Price elasticity of demand Price elasticity of demand (PED): The responsiveness of quantity demanded to changes in the selling...
Lesson plans
Unit 2.1-2.4: Review terms
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 accessible version...
Activities
Unit 2.1-2.4: Review terms
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. Available as a handout at:...
Lesson plans
Business objectives (HL only)
The focus of this lesson is the various objectives of any business. It is generally assumed in economics that private sector businesses operate primarily for profit while those in the public sector operate...
.jpg)
Activities
Business objectives (HL only)
This page contains the student activities for the teacher page: Business objectives (HL only) Identify the primary motive for each of the entrepreneurs in the following examples: A new business start...
Activities
Community surplus additional questions
The activities on this page are designed to be used with the teacher page: Community surplus additional questions 1. Fill in the missing blanks The market for any good or service clears at the point...
Lesson plans
Unit 2.4: Consumer and producer behaviour (HL only)
Under the previous curriculum this page would have been included in the section on consumer utility and can also be used as the basis for a TOK exercise. Under the new syllabus this section has been...