International Baccalaureate Economics

Improving vs. deteriorating Terms of Trade (TOT). Causes of changes in TOT in the short-run and in the long-run. Elasticity of Exports and the effect on TOT and BOP. Discover what caused the drop in commodity prices over the past 50 years when you download the presentation on TOT...  Download the Presentation:   Terms of Trade Sign up for FREE IB Economics presentations Find out more about current Economics issues related to our course

Trading with the rest of the world? Credits vs. debits? What's the difference between the Current Account, the Capital Account and the Financial Account? What happens when there is a Current Account deficit and a surplus? How should such Current Account imbalances be corrected? Find out about the Marshall-Lerner condition and the J-curve effect when you download the presentation on BOP...  Download the Presentation:   Balance of Payments Sign up for FREE IB Economics presentations Find out more about current Economics issues related to our course

At the center of International Economics, the topic of Exchange Rates will let you discover how currency rates are set, what drives demand for different currencies, and what the advantages and disadvantages of strong vs. weak, as well as fixed vs. floating exchange rates are. Comparative Advantage and the tradeoff between Inflation and Unemployment are closely linked to this topic as well. Finally, the connection between the Business Cycle and International Economics will be reinforced through the new insights you gain from this presentation. Download the Presentation:  Exchange Rates   As an added benefit, after reviewing this topic you will be able to answer the question: Are crypto currencies real money? Sign up for FREE IB Economics presentations Find out more about current Economics issues related to our course