CourseCourse QuestionQuestion

Unit 1 Introduction to economics

Unit 2 Microeconomics

Unit 3 Macroeconomics

3.1 Measuring economic activity and illustrating its variations

3.2 Variations in economic activity - aggregate demand and aggregate supply

3.3 Macroeconomic objectives

3.4 Economics of inequality and poverty

3.4.1—Equality and equity

3.4.2—Economic inequality

3.4.3—Measuring inequality

3.4.4—Poverty and poverty measurement

3.4.5—Causes of inequality and poverty

3.4.6—Impacts of inequality

3.4.7—Taxation and redistribution

3.4.8—Further policies to reduce poverty and inequality

3.4.9 (HL)—Lorenz curve construction

3.4.10 (HL)—Taxation calculations

3.5 Demand management - monetary policy

3.6 Demand management - fiscal policy

3.7 Supply-side policies

Unit 4 The global economy

IB/Economics/HL//Concept/Unit 3 Macroeconomics/3.4 Economics of inequality and poverty/3.4.6—Impacts of inequality

Unit 3 Macroeconomics HL

Syllabus: First assessment 2022
Section: —
Level: HL

Exam analysis

Most tested topics

Measuring economic activity and illustrating its variations
Variations in economic activity - aggregate demand and aggregate supply
Macroeconomic objectives
Economics of inequality and poverty
Demand management - monetary policy
Demand management - fiscal policy
Supply-side policies