IB Economics practice
HL: every topic, with the HL-only topics and Paper 3.
Take the free 15-question practice test
Unit 1: Introduction to economics
Unit 2: Microeconomics
- Demand14 questions · P1, P2
- Supply14 questions · P1, P2
- Market equilibrium, surplus and efficiency19 questions · P1, P2, P3
- Rational choice, behavioural economics and business objectivesHL14 questions · P1, P2
- Price elasticity of demand15 questions · P1, P2 · Free
- Income elasticity of demand and price elasticity of supply15 questions · P1, P2
- Government intervention: taxes, subsidies and price controls20 questions · P1, P2, P3
- Externalities and the common pool20 questions · P1, P2, P3
- Public goods15 questions · P1, P2
- Asymmetric informationHL14 questions · P1, P2
- Market power: costs, revenues and market structuresHL19 questions · P1, P2, P3
- The market's inability to achieve equityHL15 questions · P1, P2
Unit 3: Macroeconomics
- Measuring economic activity20 questions · P1, P2, P3
- Aggregate demand and aggregate supply15 questions · P1, P2
- Economic growth15 questions · P1, P2
- Unemployment14 questions · P1, P2
- Inflation and deflation18 questions · P1, P2, P3 · Free
- Inequality and poverty19 questions · P1, P2, P3
- Monetary policy14 questions · P1, P2
- Fiscal policy19 questions · P1, P2, P3
- Supply-side policies14 questions · P1, P2
Unit 4: The global economy
- The benefits of international trade23 questions · P1, P2, P3
- Types of trade protection19 questions · P1, P2, P3
- Arguments for and against trade protection14 questions · P1, P2
- Economic integration16 questions · P1, P2
- Exchange rates19 questions · P1, P2, P3 · Free
- The balance of payments25 questions · P1, P2, P3
- Sustainable development14 questions · P1, P2
- Measuring development14 questions · P1, P2
- Barriers to economic growth and development14 questions · P1, P2
- Strategies for growth and development14 questions · P1, P2