International Baccalaureate IB Economics

IB Economics

1 Introduction to economics

2 Microeconomics

2.3 Competitive market equilibrium

2.5 Elasticities of demand

2.7 Role of government in microeconomics

2.11 Market failure—market power

2.12 The market’s inability to achieve equity

3 Macroeconomics

4 Trade, Rates & Sustainable Development

2.1 Demand

2.2 Supply

2.3 Competitive market equilibrium

2.5 Elasticities of demand

2.7 Role of government in microeconomics

2.11 Market failure—market power

2.12 The market’s inability to achieve equity