Description
This book covers the IB Diploma Programme at Standard and Higher Levels by highlighting the Higher Level extension topics. It is written in 5 sections with 25 chapters and runs to 96 pages.
Section 1: Introduction to Economics
- Introduction to Economics
Section 2: Microeconomics
- Demand and supply
- Elasticity
- Government intervention
- Cost and revenue curves
- Perfect competition
- Monopolistic competition
- Oligopoly
- Monopoly
- Contestable markets
- Price discrimination
- Market failure
Section 3: Macroeconomics
- The circular flow of income and policy objectives
- AD and AS
- Demand and supply side policies
- Inflation and unemployment
Section 4: International Economics
- Introduction to trade
- Free trade vs protectionism
- Economic integration
- The balance of payments
- Exchange rates
Section 5: Development Economics
- Economic growth vs economic development
- Growth and development strategies
Success at IB Economics
- Tackling the exam: Essays, short answers and data responses
- Internal assessment
Click on the blue categories & tags above to browse the subject area further and explore more from the author, publisher, programme and contributors.