Baccalauréat international · IB Diploma
Economics · SL
Papers, samples and curriculum documents for this course. · Dossiers, échantillons et documents de programme pour ce cours.
Course units and learning goals · Unités de cours et objectifs d'apprentissage
These lessons teach selected course objectives. Check the remaining coverage gaps; the material is not a complete preparation programme. · Ces leçons abordent des objectifs de cours sélectionnés. Vérifiez les lacunes restantes en couverture ; ce matériel ne constitue pas un programme d'entraînement complet.
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.
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 · Préparation à cette qualification
- 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 · Couverture pédagogique encore nécessaire
- 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 · Spécifications et documents d'échantillon
- Economics — Subject brief · 2022 ↗
First assessment: 2022
Course materials · Matériel pédagogique
- Study notes · Notes de cours →
- Revision questions · Questions de révision →
- Teaching guidance · Guide pédagogique · Teacher access · Accès enseignant →
- Teacher diagnostics · Diagnostique enseignant · Teacher access · Accès enseignant →
- Supervised task guidance · Guide pour la tâche supervisée · Teacher access · Accès enseignant →
Course preparation · Préparation du cours
Documents are available. Board-specific notes, assessments and interactive past-paper practice are not yet available for every course. · Les documents sont disponibles. Les notes spécifiques au conseil, les évaluations et la pratique interactive des anciens sujets ne sont pas encore disponibles pour tous les cours.
Lessons · Leçons →