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IB Economics SL Flashcards
Master Economics with 1218+ free flashcards. Spaced repetition helps you remember more and forget less.
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1218 flashcards across all 31 topics
U1: What is Economics?
U2: Microeconomics
Topic 2.1
Demand
45 flashcards
Topic 2.2
Supply
45 flashcards
Topic 2.3
Competitive market equilibrium
45 flashcards
Topic 2.4
Critique of maximizing behaviour of consumers and producers
45 flashcards
Topic 2.5
Elasticity of demand
45 flashcards
Topic 2.6
Elasticity of supply
30 flashcards
Topic 2.7
Role of government in microeconomics
45 flashcards
Topic 2.8
Market failure: externalities and common pool resources
45 flashcards
Topic 2.9
Market failure: public goods
30 flashcards
Topic 2.10
Market failure: asymmetric information
30 flashcards
Topic 2.11
Market failure: market power
30 flashcards
Topic 2.12
The market’s inability to achieve equity
30 flashcards
U3: Macroeconomics
Topic 3.1
Measuring economic activity and illustrating its variations
45 flashcards
Topic 3.2
Variations in economic activity: aggregate demand and aggregate supply
45 flashcards
Topic 3.3
Macroeconomic objectives
45 flashcards
Topic 3.4
Economics of inequality and poverty
30 flashcards
Topic 3.5
Demand management: monetary policy
45 flashcards
Topic 3.6
Demand management: fiscal policy
45 flashcards
Topic 3.7
Supply-side policies
45 flashcards
U4: The Global Economy
Topic 4.1
Benefits of international trade
30 flashcards
Topic 4.2
Types of trade protection
45 flashcards
Topic 4.3
Arguments for and against trade control/protection
30 flashcards
Topic 4.4
Economic integration
30 flashcards
Topic 4.5
Exchange rates
45 flashcards
Topic 4.6
Balance of payments
30 flashcards
Topic 4.7
Sustainable development
30 flashcards
Topic 4.8
Measuring development
30 flashcards
Topic 4.9
Barriers to economic growth and/or economic development
30 flashcards
Topic 4.10
Economic growth and/or economic development strategies
45 flashcards
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