Diploma del Bachillerato Internacional · IB Diploma
Economics · HL
Papers, samples and curriculum documents for this course. · Papeles, muestras y documentos curriculares para este curso.
Course units and learning goals · Unidades del curso y objetivos de aprendizaje
These lessons teach selected course objectives. Check the remaining coverage gaps; the material is not a complete preparation programme. · Estas lecciones enseñan objetivos del curso seleccionados. Revisa los vacíos de cobertura restantes; el material no es un programa completo de preparación.
1 · Economic inquiry and choices
- Explain scarcity and opportunity cost using a model
- Distinguish positive from normative claims and evaluate assumptions
- normative
- Containing a judgement about what ought to be.
- opportunity cost
- The benefit of the next-best alternative forgone.
2.1–2.7 · Demand, supply and policy
- Explain market equilibrium and elasticities
- Analyse intervention and behavioural limits with labelled diagrams
- tax incidence
- How the economic burden of a tax is shared.
- price elasticity
- Responsiveness of quantity to a price change.
2.8–2.9; 2.12 · Market failure and equity
- Analyse externalities, public goods and common-access resources
- Distinguish efficiency from fairness in policy evaluation
- common-access resource
- A resource that is rival and non-excludable.
- equity
- Fairness in the distribution of outcomes or opportunities.
2.10–2.11 · Information and market power
- Analyse asymmetric information and market power
- Use costs, revenue and welfare to evaluate intervention
- adverse selection
- Hidden information before a transaction distorts selection.
- moral hazard
- Protection changes incentives for risk-taking or care.
3 · Macroeconomic activity, objectives and policy
- Use national-income measures and AD/AS
- Evaluate monetary, fiscal and supply-side policies for growth, stability and inequality
- aggregate demand
- Total planned spending on final goods and services.
- real GDP
- Output measured after removing price changes.
4 · Global economy and development
- Analyse trade, protection, integration, exchange rates and payments
- Evaluate development indicators, barriers and strategies
- comparative advantage
- Production at a lower opportunity cost.
- sustainable development
- Development that considers future needs and environmental limits.
Preparing for this qualification · Preparación para esta cualificación
- SL: Paper 1 75 min 30%, Paper 2 105 min 40%, commentary portfolio 30%. HL: Paper 1 75 min 20%, Paper 2 105 min 30%, policy Paper 3 105 min 30%, portfolio 20%.
- Three supervised news commentaries cover microeconomics, macroeconomics and the global economy through distinct key concepts. School checks source recency and commentary requirements against the full guide.
Teaching coverage still needed · Cobertura docente aún necesaria
- Full guide needed to verify every SL/HL sub-objective and quantitative exclusion; more diagram-led lessons, development cases and complete paper sets required.
- Reviewed runtime bank remains unavailable; no practice registry promotion.
Specifications and sample documents · Especificaciones y documentos de muestra
- Economics — Subject brief · 2022 ↗
First assessment: 2022
Course materials · Materiales del curso
- Study notes · Notas de estudio →
- Revision questions · Preguntas de repaso →
- Teaching guidance · Guía docente · Teacher access · Acceso del profesor →
- Teacher diagnostics · Diagnóstico del profesor · Teacher access · Acceso del profesor →
- Supervised task guidance · Guía de tareas supervisadas · Teacher access · Acceso del profesor →
Course preparation · Preparación del curso
Documents are available. Board-specific notes, assessments and interactive past-paper practice are not yet available for every course. · Los documentos están disponibles. Las notas específicas de la entidad evaluadora, las evaluaciones y la práctica interactiva deantiguos exámenes no están disponibles aún para todos los cursos.
Lessons · Lecciones →