IB Economics HL Question Bank

01

1. Introduction to Economics

Unit 1.1

What is economics?

Not startedPractise

Unit 1.2

How do economists approach the world?

Not startedPractise

02

2. Microeconomics

Unit 2.1

Market failure - externalities, common pool resources, public goods, asymmetric information

Not startedPractise

Unit 2.9

Market failure - public goods

Not startedPractise

Unit 2.10

Market Failure - asymmetric information (HL only)

Not startedPractise

Unit 2.11

Market failure - market power (HL only)

Not startedPractise

Unit 2.12

The market's inability to achieve equity (HL only)

Not startedPractise

03

3. Macroeconomics

Unit 3.1

Measuring economic activities

Not startedPractise

Unit 3.2

Variations in economic activity - aggregate demand and aggregate supply

Not startedPractise

Unit 3.3

Macroeconomic objectives

Not startedPractise

Unit 3.4

Economics of inequality and poverty

Not startedPractise

Unit 3.5

Demand management - Monetary policy

Not startedPractise

Unit 3.6

Demand management - fiscal policy

Not startedPractise

Unit 3.7

Supply side policies

Not startedPractise

04

4. The Global Economy

Unit 4.1

Benefits of International Trade

Not startedPractise

Unit 4.2

Types of Trade Protection

Not startedPractise

Unit 4.3

Arguments For and Against Trade Protection

Not startedPractise

Unit 4.4

Economic Integration

Not startedPractise

Unit 4.5

Exchange Rates

Not startedPractise

Unit 4.6

Balance of Payments

Not startedPractise

Unit 4.7

Sustainable Development

Not startedPractise

Unit 4.8

Measuring Development

Not startedPractise

Unit 4.9

Barriers to Economic Growth and Economic Development

Not startedPractise

Unit 4.10

Economic Growth and Economic Development Strategies

Not startedPractise

Economics HL.

What is economics?

1. Introduction to Economics

What is economics?

How do economists approach the world?

2. Microeconomics

Demand

Supply

Competitive Market Equilibrium

Critique of the maximizing behaviour of consumers and producers (HL only)

Elasticities of demand

Elasticity of supply

Role of government in microeconomics

Market failure - externalities, common pool resources, public goods, asymmetric information

Market failure - public goods

Market Failure - asymmetric information (HL only)

Market failure - market power (HL only)

The market's inability to achieve equity (HL only)

3. Macroeconomics

Measuring economic activities

Variations in economic activity - aggregate demand and aggregate supply

Macroeconomic objectives

Economics of inequality and poverty

Demand management - Monetary policy

Demand management - fiscal policy

Supply side policies

4. The Global Economy

Benefits of International Trade

Types of Trade Protection

Arguments For and Against Trade Protection

Economic Integration

Exchange Rates

Balance of Payments

Sustainable Development

Measuring Development

Barriers to Economic Growth and Economic Development

Economic Growth and Economic Development Strategies

Practise until it's
automatic.

Economics HL.

What is economics?

1. Introduction to Economics

What is economics?

How do economists approach the world?

2. Microeconomics

Demand

Supply

Competitive Market Equilibrium

Critique of the maximizing behaviour of consumers and producers (HL only)

Elasticities of demand

Elasticity of supply

Role of government in microeconomics

Market failure - externalities, common pool resources, public goods, asymmetric information

Market failure - public goods

Market Failure - asymmetric information (HL only)

Market failure - market power (HL only)

The market's inability to achieve equity (HL only)

3. Macroeconomics

Measuring economic activities

Variations in economic activity - aggregate demand and aggregate supply

Macroeconomic objectives

Economics of inequality and poverty

Demand management - Monetary policy

Demand management - fiscal policy

Supply side policies

4. The Global Economy

Benefits of International Trade

Types of Trade Protection

Arguments For and Against Trade Protection

Economic Integration

Exchange Rates

Balance of Payments

Sustainable Development

Measuring Development

Barriers to Economic Growth and Economic Development

Economic Growth and Economic Development Strategies

Practise until it'sautomatic.

Practise until it's
automatic.