Economics for the IB Diploma Digital Teacher's Resource

Economics for the IB Diploma Digital Teacher's Resource Author/s: Ellie Tragakes, Peter Rock-Lacroix Format: Digital eBook Develop the next generation of economic minds with this thought-provoking series for first examinations 2022. Developed by authors with wide ranging experience of teaching and examining, this comprehensive guide provides support for exam preparation and practice, as well as answers to questions and activities from the coursebook. Detailed teaching notes for each chapter include guidance around learning and assessment objectives, suggested activities, advice on handling misconceptions and details of subject specific vocabulary. PowerPoint slides featuring diagrams from the book are also available to use when teaching. Features: Overview of each chapter with guidance around learning objectives and assessment objectives to give you a clear understanding of coursebook content and syllabus coverage Teaching ideas for each chapter with a range of suggested activities to help you engage your students Advice on real-world examples and TOK features to help your students put economic theory into practice Guidance around exam preparation and practice to support you in planning for assessment Details of subject specific vocabulary to help you ensure your students can understand and use appropriate terms and key course concepts in their work  Answers to the activities from the coursebook and to the exam-style questions/papers from the digital coursebook Extra worksheets for each chapter from the coursebook provide a wealth of extra practice: choose from a variety of exercises, such as multiple-choice questions, crosswords, diagram practice questions and Paper 1, 2 and 3 exam-style questions (with mark schemes) PowerPoints with diagrams from the book for use in class Contents: Introduction to the Student and TeacherUnit 1. Introduction to Economics: Chapter 1. The Foundations of EconomicsUnit 2. Microeconomics: Chapter 2. Competitive markets: demand and supplyChapter 3. ElasticitiesChapter 4. Government intervention in microeconomicsChapter 5. Market failure and socially undesirable outcomes I: Common pool resources and negative externalitiesChapter 6. Market failure and socially undesirable outcomes II: Positive externalities, public goods, asymmetric information and inability to achieve equityChapter 7. Market failure and socially undesirably outcomes III: Market power (HL only)Unit 3. Macroeconomics: Chapter 8. The level of overall economic activityChapter 9. Aggregate demand and aggregate supplyChapter 10. Macroeconomic objectives I: Low unemployment, low and stable rate of inflationChapter 11. Macroeconomic objectives II: Economic growth, sustainable level of debtChapter 12. Economics of inequality and povertyChapter 13. Demand-side and supply-side policiesUnit 4. The Global Economy: Chapter 14. International trade: Part 1Chapter 15. International trade: Part 2Chapter 16. Exchange rates and the balance of paymentsChapter 17. Further topics on exchange rates and the balance of payments (HL only)Chapter 18. Understanding economic developmentChapter 19. Barriers to economic growth and economic developmentChapter 20. Strategies to promote economic growth and economic developmentGlossary.