Chapter 2: Microeconomics

IB Economics: Chapter 2: Microeconomics

This chapter includes the remaining units in microeconomics. Demand and supply make up the market equilibrium section, while the units (1.3-1.5) covered under the old syllabus, are now covered by units 2.7-2.13. Under the new syllabus a separate HL only unit, 2.13 - the market’s inability to achieve equity is included.The pages have full student access to give maximum flexibility to the teacher and the student. This...

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