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- Lessons
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- Topics
- 33
Free, no account neededPrice elasticity of demand: calculation, revenue and uses8 steps
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See what the course includesUnit 1: Introduction to economics
2 lessons
Unit 2: Microeconomics
12 lessons
- Demand
- Supply
- Market equilibrium, surplus and efficiency
- Rational choice, behavioural economics and business objectives (HL)
- FreePrice elasticity of demand
- Income elasticity of demand and price elasticity of supply
- Government intervention: taxes, subsidies and price controls
- Externalities and the common pool
- Public goods
- Asymmetric information (HL)
- Market power: costs, revenues and market structures (HL)
- The market's inability to achieve equity (HL)
Unit 3: Macroeconomics
9 lessons
Unit 4: The global economy
10 lessons
Independent practice for the IB Diploma Programme Economics course, SL and HL. Not affiliated with or endorsed by the International Baccalaureate Organization; every question and figure is our own.