Oxford IB Diploma Programme: Economics Course Companion
The new edition of this bestselling course book has been specifically designed to support the student through the IB Diploma Programme in Economics. Written by experienced authors and examiners for the 2011 syllabus content, this book provides students with materials and activities that will help them towards success in the course. It also offers advice and guidance to help students address the new quantitative elements of the syllabus. In addition the book provides
activities integrated with study and learning approaches, TOK, and the IB learner profile to ensure that students are fully rounded participants in the programme. Examples, features, and case studies drawn from around the world will also encourage students to develop an international perspective.
·Written by two IB Economics workshop leaders who have worked on the Economics.
- Contents
- Introduction
- The foundations of economics
- Demand and supply
- Market equilibrium, the price mechanism,and market efficiency
- Elasticities
- Indirect taxes, subsidies, and price controls
- Costs, revenues, and profit
- Perfect competition
- Monopoly
- Monopolistic competition
- Oligopoly
- Price discrimination
- Market failure
- The level of overall economic activity
- Aggregate demand
- Aggregate supply
- Macroeconomic equilibrium
- Low unemployment
- A low and stable rate of inflation
- Economic growth
- Equity in the distribution of income
- Why do countries trade?
- Free trade and protectionism
- Exchange rates
- Balance of payments
- Economic integration
- Terms of trade
- Economic development
- Measuring development
- Domestic factors and economicdevelopment
- International trade and economicdevelopment
- Foreign direct investment andeconomic development
- Aid, debt, and economic development
- The balance between marketsand intervention
- Assessment advice
- Index
