I see your point Panagiotis, let me change that, your argument does make sense.
Paper 3 question on national incomeHello, Do SL students need to know the formulas associated with calculating price and supply elasticity? Or just the underlying concepts? Thank you!
Unit 2.5(1): Price elasticity of demand (PED)In question 1a(ii), why do you adjust the real growth rate using the inflation rate of 2023, while the question asks for the real growth rate of 2024? For me the correct answer is growth rate 6.78% - 3% inflation rate for 2024 = 3.78% real growth...
Paper 3 question on national incomeThank you Aaron, that is changed now.
Unit 3.3: Macroeconomic indicators revision quizThank you Damian, that is changed
Profit and revenue maximisation in monopoly (HL only)I would agree Michael, let me add that.
Paper 1: Extended response paperYour students would need to take a piece of graph paper and draw it by hand.
Components of aggregate demandThis page would be nice to have a student handout PDF.
Paper 1: Extended response paperin activity 2 data on pdf file and on webpage are different ( total cost 200, 206, 214 and 200, 210, 230)
Profit and revenue maximisation in monopoly (HL only)
Mark
Site authorThey do Tomas, just as they also need to know an accurate definition of the terms.
Unit 2.5(1): Price elasticity of demand (PED)