Lesson plans
Unit 4 Global economics
This is the link page to sub-pages, containing lesson plans and learning activities for the final unit of the IB economics course. This unit contains both international trade and development units. Direct...
Lesson plans
Units 1-2 microeconomics Free
This section of the Inthinking website is devoted to materials that support the first two units of the course, introduction to IB economics and microeconomics. This unit should take up a significant part...
eBook
Unit 3.3(3) Macroeconomic objectives: inflation and deflation
The overall price level or average price level of an economy is constantly changing. Managing this change and achieving a low and stable inflation rate is a key objective of government macroeconomic policy....
eBook
Unit 3.3(2) Macroeconomic objectives: unemployment
Unemployment is typically regarded as an economic problem that all countries face to varying degrees. It is also a challenge to countries that are constantly changing over time. During recessions, unemployment...
Google Slides
Macroeconomics units 3.4(1) to 3.7(2)
This page provides links to the Google Slides presentations units 3.4(1) to 3.7(2) of the macroeconomics section of the IB course. The slides cover each part of the syllabus and include related discussion...
eBook
Unit 3.2(2): Variations in economic activity - aggregate supply(AS)
Aggregate supply is the total quantity of all goods and services the economy can produce at a given price level and in a given time period. At a microeconomic level, we consider the supply of a particular...
Start here
Why study Economics
Most Economics published textbooks will have the following phrase or similar in their first chapter - 'Economics is the study of how society allocates scarce resources to satisfy human wants'. That is...
Activities
FT Blog: Stop assuming GDP is an indicator of prosperity
This blog is based on the article published by the Financial Times on August 6 2026 The link for the article is: https://www.ft.com/content/285bf286-07c3-49b1-9b6d-7df9664e73c0 This article is part of...
eBook
Unit 3.3(1) Macroeconomic objectives: economic growth
Economic growth is a key statistic used by economists to measure a country's economic performance. It is the increase in a country’s real GDP over a given time period, normally one year. However, governments...
eBook
Unit 3.2(1): Variations in economic activity - aggregate demand (AD)
The interaction between aggregate demand and aggregate supply in the whole economy determines the level of economic activity, measured by a country's real GDP. Changes in aggregate demand and supply determine...