Economics for the IB Diploma: Prepare for Success
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Description
Contents
Reviews
Language
English
ISBN
9781398344921
Cover
Title Page
Copyright
Contents
Introduction
How to use this book
Getting to know the exam
Countdown to the exams
Unit 1 Introduction to economics
CHAPTER 1 What is economics?
CHAPTER 2 How do economists approach the world?
Unit 2 Microeconomics
CHAPTER 3 Demand
CHAPTER 4 Supply
CHAPTER 5 Competitive market equilibrium
CHAPTER 6 Critique of the maximizing behaviour of consumers and producers (HL only)
CHAPTER 7 Elasticity of demand – price elasticity of demand (PED)
CHAPTER 8 Elasticity of demand – income elasticity of demand (YED)
CHAPTER 9 Elasticity of supply
CHAPTER 10 Role of government in microeconomics
CHAPTER 11 Market failure – externalities and common pool (common access) resources
CHAPTER 12 Market failure – public goods
CHAPTER 13 Market failure – asymmetric information (HL only)
CHAPTER 14 Market failure – market power (HL only)
CHAPTER 15 The market’s inability to achieve equity (HL only)
Unit 3 Macroeconomics
CHAPTER 16 Measuring economic activity and illustrating its variations
CHAPTER 17 Variations in economic activity: aggregate demand and aggregate supply
CHAPTER 18 Macroeconomic objectives – economic growth
CHAPTER 19 Macroeconomic objectives – low unemployment
CHAPTER 20 Macroeconomic objectives – low and stable rate of inflation
CHAPTER 21 Macroeconomic objectives – sustainable level of government (national) debt (HL only)
CHAPTER 22 Macroeconomic objectives – potential conflict between macroeconomic objectives
CHAPTER 23 Economics of inequality and poverty
CHAPTER 24 Demand management (demand-side policies) – monetary policy
CHAPTER 25 Demand management – fiscal policy
CHAPTER 26 Supply-side policies
Unit 4 The global economy
CHAPTER 27 Benefits of international trade
CHAPTER 28 Types of trade protection
CHAPTER 29 Arguments for and against trade control/protection
CHAPTER 30 Economic integration
CHAPTER 31 Exchange rates
CHAPTER 32 Balance of payments
CHAPTER 33 Sustainable development
CHAPTER 34 Measuring development
CHAPTER 35 Barriers to growth and/or economic development
CHAPTER 36 Economic growth and/or economic development strategies
Assessment advice
Answering Paper 1 questions
Answering Paper 2 questions
Answering Paper 3 questions (HL only)
Internal assessment (IA)
Extended essay (EE)
Glossary
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