Higher Level & Standard Level — All Units
Multiple choice questions covering IB Units 1 & 2. HL content clearly marked.
Start Micro MCQ →Multiple choice questions covering IB Units 3 & 4. HL content clearly marked.
Start Macro MCQ →Practise Paper 1 essays with part (a) explain and part (b) evaluate questions. AO1–AO4 colour-coded model answers.
Practise Paper 1 →Data response practice with extracts, graduated questions, and full model answers.
Practise Paper 2 →HL only. Quantitative questions on the multiplier, theory of the firm, and welfare analysis.
Practise Paper 3 →Build chains of reasoning for Paper 1 essays and Paper 2 data response questions.
Practise Analysis →Study full model answers for Paper 1 and Paper 2 style questions with IB markband commentary.
View Answers →Core content required for all IB Economics students.
Scarcity, choice, opportunity cost, PPC, economic systems, and the role of the market.
Demand & supply, elasticities, government intervention (price controls, taxes, subsidies), market failure.
Measuring economic activity, AD/AS model, macroeconomic objectives, fiscal/monetary/supply-side policies.
International trade, exchange rates, balance of payments, economic integration, and development.
Additional content for Higher Level students.
Costs & revenues, profit maximisation, perfect competition, monopoly, monopolistic competition, oligopoly.
Practise Questions → HL MicroWelfare analysis with externalities diagrams, common pool resources, asymmetric information.
Practise Questions → HL MacroThe multiplier effect, Keynesian vs Monetarist perspectives, Phillips Curve.
Practise Questions → HL GlobalTariff/quota diagrams with welfare analysis, terms of trade, Marshall-Lerner condition, J-curve.
Practise Questions →