Economics for the IB Diploma: Quantitative Skills Workbook
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Description
Contents
Reviews
Language
English
ISBN
9781398344914
Cover
Calculations for Economics
Contents
Unit 1 Introduction to economics
1 What is economics?
Unit 2 Microeconomics
2 Demand
3 Supply
4 Competitive market equilibrium
5 Price elasticity of demand (PED)
6 Income elasticity of demand (YED)
7 Price elasticity of supply (PES)
8 Role of government in microeconomics
9 Market failure – externalities (externalities and common pool or common access resources)
10 Market failure – market power: perfect competition (HL only)
11 Market failure – market power: monopoly (HL only)
12 Market failure – market power: oligopoly (HL only)
13 Market failure – market power: monopolistic competition (HL only)
14 Market failure – market power: rational producer behaviour (HL only)
Unit 3 Macroeconomics
15 Measuring economic activity and illustrating its variations
16 Variations in economic activity – aggregate demand and aggregate supply
17 Macroeconomic objectives – economic growth
18 Macroeconomic objectives – low unemployment
19 Macroeconomic objectives – low and stable rate of inflation
20 Economics of inequality and poverty
21 Demand management (demand-side policies) – monetary policy
22 Demand management – fiscal policy (HL only)
Unit 4 The global economy
23 Benefits of international trade and types of trade protection (HL only)
24 Exchange rates
25 Balance of payments
Diagrams for Economics
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