IB Economics HL Notes

Economics

Aimnova provides free IB Economics Higher Level revision notes for the 2024–2029 syllabus, covering all 4 units plus HL extensions: Theory of the Firm, quantitative demand/supply analysis, Phillips curve, Gini coefficient, multiplier calculations, and comparative advantage with tariff/quota welfare analysis. Each topic features detailed notes, worked examples, exam tips, flashcards, and practice questions with AI feedback.

IB Economics Higher Level extends the SL course with quantitative techniques, Theory of the Firm, and deeper analysis of macroeconomic and trade models. HL students face an additional Paper 3 that tests calculations involving elasticities, multiplier effects, linear demand/supply, and welfare analysis.

Use the structured unit list below to revise systematically and ensure all HL-only material is covered before Papers 1, 2, and 3.

What's included

25+ topics across 4 units, aligned to the IB 2024–2029 syllabus
Notes with definitions, economic models, diagrams, and real-world examples
Spaced-repetition flashcards for key terms and diagram labels
IB-style exam questions with AI feedback on your answers
SL and HL coverage with level toggle
Free to access — no account required for notes

How to use Economics HL notes

1Start with a unit overview. Click any Unit heading to see all topics and key economic concepts covered.
2Read micro-topic notes. Each topic links to detailed notes with definitions, diagrams, and real-world examples.
3Test with flashcards. Use spaced-repetition flashcards to memorise key terms, definitions, and diagram labels.
4Practise exam questions. Apply economic theory with IB-style questions and get AI feedback on your answers.