Dashboard My Learning Study Plan

Stay in the loop

Study tips, product updates, and early access to new features.

AI-powered IB study platform with personalised plans, instant feedback, and examiner-style marking.

IB Subjects

IB Diploma
All IB Subjects
IB ESS
IB Business Management
Grade Calculator
Exam Timetable 2026
ESS Predictions
BM Predictions

Study Resources

Free Study Notes
Revision Guide
Flashcards
ESS Question Bank
BM Question Bank
Mock Exams
Exam Skills
Command Terms

Company

Features
Pricing
About Us
Blog
Contact
Terms
Privacy
Cookies

© 2026 Aimnova. All rights reserved.

Made with 💜 for IB students worldwide

NotesEconomics

IB Economics Notes

Economics

Unit 1

1.1What is economics?

1.2How do economists approach the world?

Unit 2

2.3Competitive market equilibrium

2.4Critique of maximizing behaviour of consumers and producers

2.5Elasticity of demand

2.6Elasticity of supply

2.7Role of government in microeconomics

2.8Market failure: externalities and common pool resources

2.9Market failure: public goods

2.10Market failure: asymmetric information

2.11Market failure: market power

2.12The market’s inability to achieve equity

Unit 3

3.1Measuring economic activity and illustrating its variations

3.2Variations in economic activity: aggregate demand and aggregate supply

3.3Macroeconomic objectives

3.4Economics of inequality and poverty

3.5Demand management: monetary policy

3.6Demand management: fiscal policy

3.7Supply-side policies

Unit 4

4.1Benefits of international trade

4.2Types of trade protection

4.3Arguments for and against trade control/protection

4.4Economic integration

4.5Exchange rates

4.6Balance of payments

4.7Sustainable development

4.8Measuring development

4.9Barriers to economic growth and/or economic development

4.10Economic growth and/or economic development strategies

Want practice questions & AI feedback?

Sign up free to access MCQs, exam-style questions, and personalised study plans.

Start Studying Free

No credit card required · Cancel anytime