Getting started

How the new economics syllabus is structured

The new IB economics course is divided into four sections:

  1. Unit 1: Introduction to economics
  2. Unit 2: Microeconomics  
  3. Unit 3: Macroeconomics
  4. 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:

How to use this site to help you teach the course

This page provides information on how to use this site to support your teaching of the IB economics course. It should be noted that this site is not designed to replace the textbook as a study aid for...

Making links within the course

Integration is an important part of any IB course and the economics course is no different. Certain required skills such as research and writing skills are required across all topic areas. All three...

Recommended reading

One of the common questions from new IB teachers is what books do I recommend for the school library? The simple answer to this is to fill the library with books that students want to read. Planning...

Activities and simulations

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

Economics games

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.

Selected Pages

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Recommended reading 17 September 2021

One of the common questions from new IB teachers is what books do I recommend for the school library? The simple answer...
more

free

Economics games 13 September 2021

This section contains a number of games and fun activities which I hope your students will enjoy as well as find educational....
more

free

Making links within the course 24 December 2019

Integration is an important part of any IB course and the economics course is no different. Certain required skills such...
more

free

How to use this site to help you teach the course 17 July 2019

This page provides information on how to use this site to support your teaching of the IB economics course. It should be...
more

Setting assignments 2 October 2021

This site allows you to set assignments for individual classes which can be either reading, writing or discussion assignments....
more

Using Inthinking during the school closures 5 February 2021

With the recent fears over the spread of the Covid-19 virus, a number of schools have closed and many others may soon be...
more

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