IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 1)

For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403

For standard level resource see: https://www.tes.com/teaching-resource/-12684013

Everything that you need to teach Real-world issue 1 of Unit 2: Microeconomics of IB DP Economics (Higher Level).

Includes:

130 slide PowerPoint (broken down into individual lessons covering everything in the syllabus for teaching Real-world issue 1 - Higher Level)
Student activities and challenges throughout the presentations
Worksheets
Practice questions
Graph practice
Links to relevant videos and other external resources
Links to bespoke quizzes

Topics covered include:

• Demand
• The demand curve (movements & shifts)
• Supply
• The supply curve (movements & shifts)
• Market equilibrium
• Functions of the price mechanism
• Consumers, producer & community surplus
• Allocative efficiency
• Price elasticity of demand
• Behavioural economics
• Business objectives