IB Economics
IB Economics Review Guide
Syllabus section
Introduction to Economics
Microeconomics
- 2.1 Markets
- 2.2 Elasticities
- 2.3 Theory of the Firm (HL)
- 2.4 Market Failure
Macroeconomics
- 3.3 Macroeconomic Models
- 3.4 Demand-side and Supply-side policies
- 3.5 Unemployment and Inflation
- 3.6 Distribution of Income
International Economics
- 4.1 Reasons for trade
- 4.2 Free trade and protectionism
- 4.3 Economic integration
- 4.4 World Trade Organization (WTO)
- 4.5 Balance of payments
- 4.6 Exchange rates
- 4.7 Balance of Payment problems
- 4.8 Terms of trade
Development Economics
- 5.1 Sources of Economic Growth and/or Development
- 5.2 Consequences of Growth
- 5.3 Barriers to Economic Growth
- 5.4 Growth and Development Strategies
- 5.5 Evaluation of Growth and Development Strategies
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