IB Economics : Macroeconomics Key Concepts. Full employment and Underemployment: A society is almost never fully employed, but one of the goals is to reach full employment.Full employment has two conditions: Everyone who wants to work is working, and the rate of inflation is stable. Created by. STUDY. Your IB Economics commentaries should be based on all 3 parts of your economics coursework, i.e. IB International Economics builds much upon the skills and knowledge developed in earlier section of the IB Economics course – micro and macroeconomics. The IB Diploma Programme economics course emphasizes the economic theories of microeconomics, which deal with economic variables affecting individuals, firms and markets, and the economic theories of macroeconomics, which deal with economic variables affecting countries, governments and societies. COURSE DESCRIPTION. We have summarised the Economic concepts from the IB Economics syllabus, and linked our IB Economics notes and questions to key topics on this page. Learn. Micro, Macro or International Trade. Category: Economics / 4.8 out of 5. Notes from past IB students for the present Unemployment and Inflation []. Economics is a dynamic social science, forming part of group 3 – individuals and societies. Price Free! We hope this will serve as a directory of our Economics resources for IB Economics students in Year 1 and Year 2. You are going to submit three Economics commentaries by the end of your IB diploma/certificate. ajmccarthynz TEACHER. Spell. PLAY. Unemployment: the state of being deprived of a job, however actively looking for one and willing to work. Gravity. 5 Reviews. Macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics … IB Economics – Macroeconomics. 20% of your overall IB Economics grade depends on your Economics IA. Match. Flashcards. Part of the syllabus: Macroeconomics Article Source: Yahoo News / Deutsche Welle Date of the article: 2017-06-26 / 2017-06-20 Link to article: German business sentiment ‘jubilant’: Ifo / Ifo projects stronger German economic growth Any other similar article, no matter the date, would fit the suggested talking points. Free! Economics is divided into two categories: microeconomics and macroeconomics. An injection is an addition to the circular flow that does not arise from households current income - (investment, export receipts, government spending) A playlist covering everything you need for the Year 2 A Level and IB Macroeconomics and International Economics courses. Test. 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