CourseCourse QuestionQuestion

Unit 1 Introduction to economics

1.1 What is economics?

1.1.1—Economics as a social science

1.1.2—The problem of choice

1.1.3—Basic economic questions and systems

1.1.4—Production possibilities curve model

1.1.5—Circular flow of income model

1.2 How do economists approach the world?

Unit 2 Microeconomics

Unit 3 Macroeconomics

Unit 4 The global economy

IB/Economics/HL//Concept/Unit 1 Introduction to economics/1.1 What is economics?/1.1.5—Circular flow of income model

Unit 1 Introduction to economics HL

Syllabus: First assessment 2022
Section: —
Level: HL

Exam analysis

Most tested topics

What is economics?
How do economists approach the world?