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IB Economics at AISC
About the course
Quick Overview
Paper 1
Paper 2
Paper 3 (HL only)
Internal Assessment (IA)
Learning
1. Intro to Economics
1.1 What is economics?
1.2 How do economists approach the world?
2. Microeconomics
2.1 Demand
2.2 Supply
2.3 Market equilibrium
2.4 Critique of the maximizing behaviour of consumers and producers
2.5 Elasticities of Demand
2.6 Elasticity of Supply
2.7 Role of government in microeconomics
2.8 Externalities and common pool or common access resources
2.9 Public goods
2.10 Asymmetric information (HL only)
2.11 Market power (HL only)
2.12 The market’s inability to achieve equity (HL only)
3. Macroeconomics
3.1 Measuring economic activity
3.2 AD/AS Analysis
3.3 Growth, Inflation & Unemployment
3.4 Inequality & poverty
3.5, 3.6, 3.7 Macro Policy
4. The Global Economy
4.1 Benefits of International Trade
4.2 Trade protection
4.3 Arguments for and against trade control/ protection
4.4 Economic integration
4.5 Exchange rates
4.6 Balance of payments
4.7 Sustainable development
4.8 Measuring development
4.9 Barriers to economic growth and/or economic development
4.10 Economic growth and/or economic development strategies
The Nine Key Concepts
Extras
The Economics of Kellytopia
Top Tips for IB Economics
Country Profiles
Recommended News Sources
Mr Kelly's Blog
Mr Kelly's Twitter
Trusted YouTubers
Great Books
Glossary of Economic Terms
IB Economics at AISC
About the course
Quick Overview
Paper 1
Paper 2
Paper 3 (HL only)
Internal Assessment (IA)
Learning
1. Intro to Economics
1.1 What is economics?
1.2 How do economists approach the world?
2. Microeconomics
2.1 Demand
2.2 Supply
2.3 Market equilibrium
2.4 Critique of the maximizing behaviour of consumers and producers
2.5 Elasticities of Demand
2.6 Elasticity of Supply
2.7 Role of government in microeconomics
2.8 Externalities and common pool or common access resources
2.9 Public goods
2.10 Asymmetric information (HL only)
2.11 Market power (HL only)
2.12 The market’s inability to achieve equity (HL only)
3. Macroeconomics
3.1 Measuring economic activity
3.2 AD/AS Analysis
3.3 Growth, Inflation & Unemployment
3.4 Inequality & poverty
3.5, 3.6, 3.7 Macro Policy
4. The Global Economy
4.1 Benefits of International Trade
4.2 Trade protection
4.3 Arguments for and against trade control/ protection
4.4 Economic integration
4.5 Exchange rates
4.6 Balance of payments
4.7 Sustainable development
4.8 Measuring development
4.9 Barriers to economic growth and/or economic development
4.10 Economic growth and/or economic development strategies
The Nine Key Concepts
Extras
The Economics of Kellytopia
Top Tips for IB Economics
Country Profiles
Recommended News Sources
Mr Kelly's Blog
Mr Kelly's Twitter
Trusted YouTubers
Great Books
Glossary of Economic Terms
More
About the course
Quick Overview
Paper 1
Paper 2
Paper 3 (HL only)
Internal Assessment (IA)
Learning
1. Intro to Economics
1.1 What is economics?
1.2 How do economists approach the world?
2. Microeconomics
2.1 Demand
2.2 Supply
2.3 Market equilibrium
2.4 Critique of the maximizing behaviour of consumers and producers
2.5 Elasticities of Demand
2.6 Elasticity of Supply
2.7 Role of government in microeconomics
2.8 Externalities and common pool or common access resources
2.9 Public goods
2.10 Asymmetric information (HL only)
2.11 Market power (HL only)
2.12 The market’s inability to achieve equity (HL only)
3. Macroeconomics
3.1 Measuring economic activity
3.2 AD/AS Analysis
3.3 Growth, Inflation & Unemployment
3.4 Inequality & poverty
3.5, 3.6, 3.7 Macro Policy
4. The Global Economy
4.1 Benefits of International Trade
4.2 Trade protection
4.3 Arguments for and against trade control/ protection
4.4 Economic integration
4.5 Exchange rates
4.6 Balance of payments
4.7 Sustainable development
4.8 Measuring development
4.9 Barriers to economic growth and/or economic development
4.10 Economic growth and/or economic development strategies
The Nine Key Concepts
Extras
The Economics of Kellytopia
Top Tips for IB Economics
Country Profiles
Recommended News Sources
Mr Kelly's Blog
Mr Kelly's Twitter
Trusted YouTubers
Great Books
Glossary of Economic Terms
The Economics Caravan
Mr Kelly's Blog
click here to read all articles
The Economics Caravan
Economics isn’t just about acing exams; it’s about understanding the world around you. Whether you’re navigating IBDP Economics or exploring economic ideas beyond the syllabus, this is your space for curiosity-driven learning.
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