QUESTION BANK

IB Economics

Connect economic models to the world around you. Choose a topic to get started.

30 topics · 1,290 Paper 1 question pairs · Organized by unit

01 Introduction to economics

2 topics

1.1

TOPIC 1.1 20 QUESTIONS

What is economics?

Paper 1 parts (a) and (b) · Draft your response

Start practice 1.2

TOPIC 1.2 50 QUESTIONS

How do economists approach the world?

Paper 1 parts (a) and (b) · Draft your response

Start practice

02 Microeconomics

11 topics

2.1

TOPIC 2.1 50 QUESTIONS

Demand

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.2

TOPIC 2.2 50 QUESTIONS

Supply

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.4

TOPIC 2.4 50 QUESTIONS

Critique of the Maximizing Behaviour of Consumers and Producers

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.5

TOPIC 2.5 50 QUESTIONS

Elasticities of Demand

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.6

TOPIC 2.6 50 QUESTIONS

Elasticity of Supply

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.7

TOPIC 2.7 50 QUESTIONS

Role of Government in Microeconomics

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.8

TOPIC 2.8 50 QUESTIONS

Market Failure: Externalities and Common-Pool Resources

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.9

TOPIC 2.9 20 QUESTIONS

Market Failure: Public Goods

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.10

TOPIC 2.10 25 QUESTIONS

Market Failure: Asymmetric Information

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.11

TOPIC 2.11 50 QUESTIONS

Market Failure: Market Power

Paper 1 parts (a) and (b) · Draft your response

Start practice 2.12

TOPIC 2.12 15 QUESTIONS

The Market’s Inability to Achieve Equity

Paper 1 parts (a) and (b) · Draft your response

Start practice

03 Macroeconomics

7 topics

3.1

TOPIC 3.1 50 QUESTIONS

Measuring Economic Activity and Its Variations

Paper 1 parts (a) and (b) · Draft your response

Start practice 3.2

TOPIC 3.2 50 QUESTIONS

Aggregate Demand and Aggregate Supply

Paper 1 parts (a) and (b) · Draft your response

Start practice 3.3

TOPIC 3.3 50 QUESTIONS

Macroeconomic Objectives

Paper 1 parts (a) and (b) · Draft your response

Start practice 3.4

TOPIC 3.4 50 QUESTIONS

Economics of Inequality and Poverty

Paper 1 parts (a) and (b) · Draft your response

Start practice 3.5

TOPIC 3.5 50 QUESTIONS

Demand Management: Monetary Policy

Paper 1 parts (a) and (b) · Draft your response

Start practice 3.6

TOPIC 3.6 50 QUESTIONS

Demand Management: Fiscal Policy

Paper 1 parts (a) and (b) · Draft your response

Start practice 3.7

TOPIC 3.7 50 QUESTIONS

Supply-Side Policies

Paper 1 parts (a) and (b) · Draft your response

Start practice

04 The global economy

10 topics

4.1

TOPIC 4.1 50 QUESTIONS

Benefits of International Trade

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.2

TOPIC 4.2 50 QUESTIONS

Types of Trade Protection

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.3

TOPIC 4.3 30 QUESTIONS

Arguments For and Against Trade Protection

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.4

TOPIC 4.4 35 QUESTIONS

Economic Integration

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.5

TOPIC 4.5 50 QUESTIONS

Exchange Rates

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.6

TOPIC 4.6 50 QUESTIONS

Balance of Payments

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.7

TOPIC 4.7 15 QUESTIONS

Sustainable Development

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.8

TOPIC 4.8 30 QUESTIONS

Measuring Development

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.9

TOPIC 4.9 50 QUESTIONS

Barriers to Economic Growth and Development

Paper 1 parts (a) and (b) · Draft your response

Start practice 4.10

TOPIC 4.10 50 QUESTIONS

Growth and Development Strategies

Paper 1 parts (a) and (b) · Draft your response

Start practice

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