Selected student pages
Activities
The role of supply side policies
This page contains the student activities for the teacher page: The role of supply side policies Supply side policies - policies aimed at increasing aggregate supply (AS), a shift from left to right....
Assessment
Paper 2 question on economic growth, unemployment, market failure and exchange rates
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, so students should spend 105 minutes on this...
Activities
Paper 1 real-world example: The price mechanism in the gold market
The price of goods has just risen to $4,000 for the first time. This record high comes after months of strong price increases in gold. The chart shows the gold price over the last 5 years. The price increase...
Assessment
Mark scheme Q4 Microeconomics (unit 2.5-2.6)
This exam style question was written for the new syllabus and can be completed as a homework or in-class written exercise. Section B questions now require candidates to explicitly apply their response...
Activities
Costs of inflation and deflation
This page contains the student activities for the teacher page: Costs of inflation and deflation Hyper inflation - very high and typically accelerating inflation, of generally several hundred %. It...
Activities
FT Blog: Bank of Japan raises rates to highest since 1995
This blog is based on the article published by the Financial Times on 18 September 2026 The link for the article is: https://www.ft.com/content/97a0bed5-0580-4ccc-bd3c-fe9a714259e2?syn-25a6b1a6=1 This...
Activities
Economic development
The political instability that comes with the forced takeover of a country like the situation in Afghanistan, has a ‘shock’ effect on the economy at a micro and macro level. What are the economic consequences...
eBook
Unit 2.1: Demand theory
Unit 2.1 is the first section in microeconomics. In our introduction to Economics, we considered the question of how resources are allocated in society and the first step to answering this question is...
Activities
Glossary of terms unit 4 Development
Glossary terms available as a PDF file at: Unit 4.7-4.10 glossary...
Activities
Monopolistic competition revision questions
This page contains the student activities for the teacher page: Monopolistic competition revision questions 1. Complete the following table for monopolistic competition’s market characteristics. Monopolistic...
Activities
The signalling, incentive and rationing functions of price
Policy responses to rising energy prices In response to the rising price of gas in the last 12 months in Europe, governments across the continent have put into place a series of policy interventions...
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...