IB Economics SL Unit 2 Microeconomics Questions
Build your IB Economics SL Microeconomics foundation through demand, supply, elasticity, intervention and market-outcome analysis.
- Syllabus
- First assessment 2022
- Course
- Economics SL
- Level
- SL
Exam points
- Explain demand, supply and market equilibrium using diagrams, calculations and ceteris-paribus reasoning.
- Analyse elasticity, consumer or producer responses and the causes of market failure in the evidence-backed market contexts.
- Evaluate government intervention and market outcomes using efficiency, equity, stakeholder and real-world trade-offs.
