Unit 1 Introduction to economics

1.1 What is economics?

1.2 How do economists approach the world?

Unit 2 Microeconomics

2.1 Demand

2.2 Supply

2.3 Competitive market equilibrium

2.4 Critique of the maximizing behaviour of consumers and producers

2.5 Elasticities of demand

2.6 Elasticity of supply

2.7 Role of government in microeconomics

2.8 Market failure - externalities and common pool or common access resources

2.9 Market failure - public goods

2.10 Market failure - asymmetric information

2.11 Market failure - market power

2.12 The market's inability to achieve equity

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

3.5 Demand management - monetary policy

3.6 Demand management - fiscal policy

3.7 Supply-side policies

Unit 4 The global economy

4.1 Benefits of international trade

4.2 Types of trade protection

4.3 Arguments for and against trade control/protection

4.4 Economic integration

4.5 Exchange rates

4.6 Balance of payments

4.7 Sustainable development

4.8 Measuring development

4.9 Barriers to economic growth and/or economic development

4.10 Economic growth and/or economic development strategies

IB Economics HL Question Bank

IB Economics HL Question Bank is the parent practice page for Economics questions organised by syllabus topic. It is built for focused revision: choose a course area, preview the available question style, then build a short practice set when you are ready to work under exam conditions.

Start with broad topic areas such as 1.1 What is economics?, 1.2 How do economists approach the world?, 2.1 Demand, 2.2 Supply, then narrow the tree when you know which lesson, homework set or mock-exam skill you are targeting. Keeping practice inside the syllabus map helps you see whether a mistake came from knowledge recall, graph interpretation, formula use, command-word depth or mark-scheme wording. After each short set, move to the linked notes page to rebuild weak knowledge before retesting.

Use this entry page as the stable hub for IB Economics HL question practice. Detailed topic URLs can help you navigate, but this parent page is the canonical place for the full course-level question bank, related notes and nearby level pages.