Welcome to EconPrep’s Complete Collection of IB Economics Notes. With 20 chapters of detailed notes, this is a one-stop hub for HL and SL Economics students to further their revision. In line with EconPrep’s ethos, all notes are 100% free and available to use.
Credits: This wouldn’t have been possible without the third edition of Ellie Tragakes’ Economics for the IB Diploma Coursebook, which was used as a source material. All credits go to Tragakes and her team, for enriching the knowledge of so many IB students.
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IB Economics Notes (HL/SL) – 20 Chapters
Unit 1: Introduction to Economics
Unit 2: Microeconomics
- Chapter 2 – Competitive Markets: Demand and Supply (19 pages)
- Chapter 3 – Elasticities (12 pages)
- Chapter 4 – Government Intervention in Microeconomics (19 pages)
- Chapter 5 – Market Failure I (16 pages)
- Chapter 6 – Market Failure II (16 pages)
- Chapter 7 – Market Power (26 pages)
Unit 3: Macroeconomics
- Chapter 8 – Level of Overall Economic Activity (11 pages)
- Chapter 9 – Aggregate Demand and Aggregate Supply (17 pages)
- Chapter 10 – Macroeconomic Objectives I
- Chapter 11 – Macroeconomic Objectives II (10 pages)
- Chapter 12 – Economics of Inequality and Poverty (11 pages)
- Chapter 13 – Demand-side and Supply-side Policies (18 pages)
Unit 4: The Global Economy
- Chapter 14 – International Trade I (14 pages)
- Chapter 15 – International Trade II (9 pages)
- Chapter 16 – Exchange Rates and the Balance of Payments (14 pages)
- Chapter 17 – Further Topics on Exchange Rates and BOPs (13 pages)
- Chapter 18 – Understanding Economic Development (6 pages)
- Chapter 19 – Barriers to Economic Growth and Economic Development (8 pages)
- Chapter 20 – Strategies to Promote Economic Growth and Development (25 pages)
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