IB Economics – Table of Contents

This is the table of contents for IB Economics from Aug 2011 onwards:

*This page is incomplete.

Section 1: Microeconomics

1.1 Demand and Supply

(SL and HL)

1.1.1 Competitive Markets: Demand

1.1.2 Competitive Markets: Supply

1.1.3 Competitive Markets: Market Equilibrium 

1.1.4 The Role of the Price Mechanism

1.1.5 Market Efficiency

1.2 Elasticity

(SL)

1.2.1 Price Elasticity of Demand

1.2.2 Cross Price Elasticity of Demand

1.2.3 Income Elasticity of Demand

1.2.4 Price Elasticity of Supply

1.3 Government Intervention

(SL and HL)

1.3.1 Indirect Taxes

1.3.2 Subsidies

1.3.3 Price Controls

1.4 Market Failure

(SL and HL)

1.4.1 The Meaning of Market Failure

1.4.2 Types of Market Failures

1.5 Theory of the Firm and Market Structures

(HL only)

1.5.1 Production and Costs

1.5.2 Revenues

1.5.3 Profit

1.5.4 Goals of Firms

1.5.5 Perfect Competition

1.5.6 Monopoly

1.5.7 Monopolistic Competition

1.5.8 Oligopoly

1.5.9 Price Discrimination

Section 2: Macroeconomics

2.1 The Level of Overall Economic Activity

(SL and HL)

2.1.1. Economic Activity

2.1.2. The Business Cycle

2.2 Aggregate Demand and Supply

(SL and HL)

2.2.1 Aggregate Demand (AD)

2.2.2 Aggregate Supply (AS)

2.2.3 Equilibrium

2.2.4 The Keynesian Multiplier

2.3 Macroeconomic Objectives

(SL and HL)

2.3.1 Low Unemployment

2.3.2 Low and Stable Rate of Inflation

2.3.3 Economic Growth

2.3.4 Equity in the Distribution of Income

2.4 Fiscal Policy

(SL and HL)

2.4.1 The Government Budget

2.4.2 The Role of Fiscal Policy

2.5 Monetary Policy

(SL and HL)

2.5.1 Interest Rates

2.5.2 The Role of Monetary Policy

2.6 Supply-Side Policies

(SL and HL)

2.6.1 The Role of Supply-Side Policies

2.6.2 Interventionist Supply-Side Policies

2.6.3 Market-Based Supply-Side Policies

2.6.4 Evaluation of Supply-Side Policies

 

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