ADDITIONAL REVISION ACTIVITIES:
Using the software tool Coggle, collaboratively mind-map the IB Economics course across the 4 units. The software is fairly intuitive and you can work on this over the next 3 days. Let's mind-map the syllabus by Friday 3.30pm!
MICROECONOMICS (, , , )
MICROECONOMICS (, , , ): MICROECONOMICS (, , , )
MACROECONOMICS CLASS 2020 (, , , )
MACROECONOMICS CLASS 2020 (, , , ): MACROECONOMICS CLASS 2020
INTERNATIONAL ECONOMICS CLASS 2020 (, , , )
INTERNATIONAL ECONOMICS CLASS 2020 (, , , ): INTERNATIONAL ECONOMICS CLASS 2020
DEVELOPMENT ECONOMICS CLASS 2020 (, , , )
DEVELOPMENT ECONOMICS CLASS 2020 (, , , ): DEVELOPMENT ECONOMICS CLASS 2020
Draw a correctly labelled diagram of the impact of Corona in Economics and take a photo of it and post it to the forum below. Draw your inspiration from any of the 4 units (micro, macro, international and development) and check what others have contributed too.
Enter the Google docs below and work with others to write exemplar 15 mark questions to common challenging questions for SL and HL. I will grade them on Friday!
Examine the consequences of the policy of petrol price ceilings on the economy (including resource allocation and welfare) and stakeholders. [15 marks]
Compare and contrast alternative policies that might be used by government in an effort to correct positive consumption externalities. [15 marks]
‘There is an inevitable trade-off between economic growth and sustainability.’ Evaluate this statement.* [15 marks]
hl: Discuss the following statement: ‘If the priority of policy-makers is to lower the economy’s rate of inflation, they must be prepared to accept a higher unemployment rate.’ [15 marks]
As I have said many times 'probably the most marginally efficient use of time known to Econ'...But it's like a multi-vitamin it works best when you take one-a-day!
One of my favorite activities for recalling causes, consequences, effects, factors in economics. You may know 1 or even 2; but can you give me 5 across a range of economic topics? This activity asks you to work collaboratively to recreate those give me 5 lists!! If there are a few of you in the forum below one of you calls the topic e.g. '5 effects of an appreciation of the currency?' and those that are responding try to 'give 5' effects as quickly as possible. Can I recommend to coordinate the activity that it takes place at a regular time each day. I will suggest 10am and 3pm each day.