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Unit 2.1-2.3: Competitive markets - demand and supply

Links to pages with lesson plans for unit 2.1-2.3 

This is a link page to sub-pages, containing lesson plans and learning activities, which provide activities and lesson plans for the first 3 microeconomics units, competitive markets.  Under the previous syllabus these units were included under 1.1 (Competitive markets).  Typically each lesson plan includes resources to use on an interactive whiteboard and worksheets to print. The pages have full student access to give maximum flexibility to the teacher and the student. There are theoretical notes for extended reading and teacher notes at the top that provide timing information lesson objectives and activity instructions.

Unit 2.1-2.3 activities

Short cuts to this units pages can be accessed directly at:

Assessment map

This page provides a map of the various assessments included in the unit, including short answers responses, essays and areas for discussion. I have included a section A and section B blank essay template...

Unit 2.1: Demand

Having completed the introductory units you will now be ready to begin the main part of the microeconomics course, with an understanding of markets. Start by explaining to your students that the market...

Unit 2.2: Supply

This is the second part of the section on market equilibrium. I find that it is better to cover both demand and supply at the same time, rather than focus on each separately as the two concepts come together...

Unit 2.3: Competitive market equilibrium

When you combine the two variables of supply and demand, for any good or service, you arrive at the market equilibrium. This page also contains a number of examination style questions, as well as short...

Veblen goods and super luxury goods

Until now on the IB economics course it has been assumed that the relationship between the price and quantity demanded of all products is inverse. While this is true for the vast majority of goods and...

Unit 2.1-2.3: Multiple choice quiz

This quiz is also available as a PDF file at: Quiz on demand and supply

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