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IB Economics 11[edit source]

1st Year IB Economics @ NIDO[edit source]

UNIT I
Foundation of Economics
IB Economics/Introduction to Economics
IB Economics/Introduction to Economics/Basic Definitions
Principles of Economics/Utility
IB Economics/Introduction to Economics/PPF and PPC
UNIT II
Types of Economies and Concept of Opportunity Cost
IB Economics/Introduction to Economics/Free Market vs Planned Economy
IB Economics/Microeconomics/Elasticities
UNIT III
Supply and Demand
IB Economics/Microeconomics/Markets
IB Economics/Microeconomics/Market Failure
IB Economics/Macroeconomics/Measuring National Income
IB Economics/Microeconomics/Theory of the Firm (HL)
UNIT IV
Government's Role In The Economy