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IB Approved Workshops
Economics (New Syllabus)
IB DP Category 2
Paris, France, 21 - 23 February 2025
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Economics (New Syllabus)
IB DP Category 1
Barcelona, Spain, 14 - 16 November 2025
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Virtual Think-Ins
The new Extended Essay in DP Economics (first exams M27) group 1
Virtual Think-In, 9 April 2025
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The new Extended Essay in DP Economics (first exams M27) group 2
Virtual Think-In, 14 April 2025
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Exam questions
Paper 2 style examination questions
This section of the Economics site contains Paper 2 style questions specifically written for the site and based on the IB Paper 2 assessment in Economics. Each question follows the format used in the...
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Exam questions
Unit 1-2.10: Microeconomics questions
This page contains 11 paper one style questions for the new syllabus. The questions were written by myself based on the information contained in the new curriculum document. 1. (a) Explain how the burden...
Exam questions
Paper 1 style examination questions
This section of the Economics site contains Paper 1 style questions for HL and SL specifically written for the site and based on the IB Paper 1 assessment in Economics. Each question follows the format...
Exam questions
Paper 3 style questions (HL-only)
This section of the Economics site contains Paper 3 style questions specifically written for the site based on the IB Paper 3 assessment in Economics. Each question follows the format used in the IB Paper...
Exam questions
Demand, supply, PED, consumer surplus, functions of price, maximum price
This case study focuses on price elasticity of demand, demand, supply and maximum prices. This paper can be completed as a homework or classwork exercise and should take around 105 minutes. It is based...
Units 1-2: Microeconomics
Unit 2.5: Price elasticity of demand
Until now your students will have largely worked on the assumption that demand is linear and that the relationship between selling price and quantity demanded was the same or at least similar for most...
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Units 1-2: Microeconomics
Indirect taxation
While this lesson focuses on the impact of indirect taxation on a good or service there is also a discussion of how taxes are spent and reasons why a government places a tax on a good or service. Your...
Exam questions
Markets, demand and supply, PED, YED and PES
This case study looks at changes in the leisure market. It focuses on demand and supply theory, price elasticity of demand, income elasticity of demand and price elasticity of supply. This paper can...
Exam questions
Demand and supply, markets, resource allocation and market failure
This case study focuses on the impact of advances in technology on demand and supply, markets, resource allocation and market failure. This paper can be completed as a homework or classwork exercise and...
Units 1-2: Microeconomics
Unit 2.3: Competitive market equilibrium
When you combine the two variables of supply and demand, for any good or service, you arrive at the market equilibrium. This page also contains a number of examination style questions, as well as short...