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Market failure crosswordfree16 April 2021

Let your classes enjoy this revision crossword, perfect for a Friday afternoon or the last week of term. Students can have fun and learn at the same time with this exercise - answers included. more

Resource allocation, demand and supply, market equilibrium(HL and SL)and market failurefree16 April 2021

This case study on resource allocation, changes in demand and supply, market equilibrium and market failure can be completed as a homework or class work exercise and should take around 95 minutes. It... more

Markscheme16 April 2021

This markscheme provides students with guidance for what can be included in their answers and is not a model answer.a. (i) Define the term resources. [Text A, paragraph 1][2]Resources are the factors... more

Crossword supply and demand15 April 2021

Let your classes enjoy this revision crossword, perfect for a Friday afternoon or the last week of term. Students can have fun and learn at the same time with this exercise - answers included. more

Unit 2.11(5) Market power - Oligopoly(HL)14 April 2021

An oligopoly is a model of a market where a small number of large firms dominate the market. This can be expressed as a situation where the total revenue of a small number of large firms accounts for... more

Paper 3 question: Measuring real GDP, measuring economic growth, business cycle, maximum prices and housing market policies 13 April 2021

This section includes a paper 3 style examination question and markscheme from the new syllabus. The question and markscheme are based on the IB approach to setting paper 3 style questions which have... more

Paper 3 question: Measuring national income, inflation, YED and positive externalities13 April 2021

This section includes a paper 3 style examination question and markscheme from the new syllabus. The question and markscheme are based on the IB approach to setting paper 3 style questions which have... more

Paper 3 question on revenue and costs (HL only)13 April 2021

This page contains a paper three type question on cost. The questions are based on the style of questions from the new syllabus and contain short answer and quantitative responses plus a policy response... more

Paper 3 question on government intervention (HL only)13 April 2021

This page contains a paper three type question on the impact of government intervention on a market. It was written using the new syllabus guidelines.Lesson time: 55 minutesLesson objectives: more

Paper 3 question on market equilibrium (HL only)13 April 2021

This page contains paper three type questions, written for the new syllabus. These are good practise for students taking the subject at higher level, but may also be good practise for standard level... more