IB Economics 11 and IB Economics SL 12

Course Outline

IB Economics is a dynamic social science, forming part of the study of individuals and societies. The study of economics is essentially about the scarcity and the problem of resource allocation. The course emphasizes economic theories of microeconomics and macroeconomics and their application to real world issues. Students study the impact on individuals and societies and economic interactions between nations and develop an awareness of their own personal responsibilities at the local, national and international levels.

The IB Economics SL course is comprised of four compulsory sections:  Microeconomics, Macroeconomics, International Economics, and Developmental Economics. 

The final grade comprises an external component of 80 percent and an internal component of 20 percent. The internal component (20 percent) requires students to complete a portfolio which includes three commentaries on articles based on different sections of the syllabus, from published news media.  The external component (80 percent) is a final examination which consists of two papers made up of extended and data response questions.

For more information please go to: https://ibo.org/