1. Introduction to Economics
2. Microeconomics
2.1 Demand
2.2 Supply
2.3 Competitive Market Equilibrium
2.4 Critique of the maximizing behaviour of consumers and producers (HL only)
2.5 Elasticities of demand
2.6 Elasticity of supply
2.7 Role of government in microeconomics
2.8 Market failure - externalities, common pool resources, public goods, asymmetric information
2.9 Market failure - public goods
2.10 Market Failure - asymmetric information (HL only)
2.11 Market failure - market power (HL only)
2.12 The market’s inability to achieve equity (HL only)
3. Macroeconomics
4. The Global Economy
Master 2.2 Supply with International Baccalaureate (IB) Economics exam-style questions, flashcards, lessons, and notes. All resources are aligned with the International Baccalaureate (IB) syllabus and designed for both SL and HL students.
2.2.1 The law of supply
2.2.2 The Supply Curve
2.2.3 Individual producer’s supply and market supply
2.2.4 Non-price Determinants of Supply
2.2.5 Movements along and shifts of the supply curve
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