Economics Notes for IB Diploma Students (SL and HL): All 30 Topics

What you get

• All 30 topics of IB Diploma Economics for students taking Standard Level or Higher Level (first assessment 2022): what economics is, demand, supply, market equilibrium, behavioural economics, elasticity, government intervention, externalities, public goods, asymmetric information, market power, equity, measuring economic activity, aggregate demand and supply, macroeconomic objectives, inequality and poverty, monetary policy, fiscal policy, supply-side policies, international trade, trade protection, economic integration, exchange rates, balance of payments, sustainable development, measuring development, growth and development strategies
• Every syllabus statement covered in order, each marked SL or HL, with clear notes, tables and diagrams drawn for these notes
• Every diagram the guide names, drawn and labelled, plus worked examples and model answers that show how to earn the marks
• Quick-check multiple-choice questions with explained answers, plus original Paper 1 (extended response), Paper 2 (data response) and, for HL, Paper 3 (policy) style questions with full mark schemes (no past-paper reprints)
• Common mistakes and a how-to-score command-term guide for every topic
• Quick-reference sheet and an "I can" checklist at the end of every topic
• Colour PDF and a black and white copy of every chapter for printing
• Independent notes for IB Diploma students; not endorsed by or affiliated with the International Baccalaureate Organization (IBO)

Chapters in this pack

1. Ch 1 1.1-1.2 What is economics? and How do economists approach the world?
2. Ch 2 2.1 Demand
3. Ch 3 2.2 Supply
4. Ch 4 2.3 Competitive market equilibrium
5. Ch 5 2.4 Critique of the maximizing behaviour of consumers and producers
6. Ch 6 2.5 Elasticity of demand
7. Ch 7 2.6 Elasticity of supply
8. Ch 8 2.7 Role of government in microeconomics
9. Ch 9 2.8 Market failure: externalities and common pool resources
10. Ch 10 2.9 Market failure: public goods
11. Ch 11 2.10 Market failure: asymmetric information (HL)
12. Ch 12 2.11 Market failure: market power (HL)
13. Ch 13 2.12 The market's inability to achieve equity (HL)
14. Ch 14 3.1 Measuring economic activity and illustrating its variations
15. Ch 15 3.2 Aggregate demand and aggregate supply
16. Ch 16 3.3 Macroeconomic objectives
17. Ch 17 3.4 Economics of inequality and poverty
18. Ch 18 3.5 Demand management: monetary policy
19. Ch 19 3.6 Demand management: fiscal policy
20. Ch 20 3.7 Supply-side policies
21. Ch 21 4.1 Benefits of international trade
22. Ch 22 4.2 Types of trade protection
23. Ch 23 4.3 Arguments for and against trade control and protection
24. Ch 24 4.4 Economic integration
25. Ch 25 4.5 Exchange rates
26. Ch 26 4.6 Balance of payments
27. Ch 27 4.7 Sustainable development
28. Ch 28 4.8 Measuring development
29. Ch 29 4.9 Barriers to economic growth and/or economic development
30. Ch 30 4.10 Economic growth and/or economic development strategies