How the new economics syllabus is structured
The new IB economics course is divided into four sections:
- Unit 1: Introduction to economics
- Unit 2: Microeconomics
- Unit 3: Macroeconomics
- Unit 4: Global economics
You will see tabs for each of these four sections, under the Resources tab at the top of the page.
Assessment is made up of examinations, which contribute 70% (SL) and 80% (HL) of the student's final grade with the remainder coming from the internal assessment. More details about these components are included in this website.
There are a number of different ways in which teachers can organise the course. I prefer to teach the course sequentially - starting with an introduction to economics, before the microeconomics units and most of the macroeconomics sections, within the first year of the course. In year two I complete the remainder of the macroeconomics course as well as the global economics elements. I will typically set my classes four IAs to complete, a practise commentary followed by one for each of the first three sections.
You can follow the syllabus by using the suggested pathways, available at: Suggested pathways
This page also includes alternative suggestions for completing the course.
Good luck and I hope you enjoy using my website.
You can skip to the very first lesson in my site at the following link: Unit 1.0: Introduction to economics
Direct links to other pages in this section can be accessed at the following links:
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This page provides a short cut to a range of activities and simulations available on the site.Gold exchange game - demand and supply Activity on diminishing returns (HL only) Macroeconomics
This section contains a number of games and fun activities which I hope your students will enjoy as well as find educational. I will add more games to this section so keep an eye for new additions.