IB Economics SL 3.3.2 Consequences of economic growth
IB Economics SL 3.3.2 Consequences of economic growth
Students practise evaluating trade-offs of high economic growth—especially for environment, inequality, and living standards—using country-specific contexts like Kenya.
How this is tested
- discuss consequences using real-world examples: e.g., Kenya’s deforestation from agricultural expansion
- assess growth and sustainability by using negative externality diagrams to judge welfare
- evaluate distribution using average income, Lorenz curve shifts, or the Gini coefficient