International Baccalaureate Economics

This is the last presentation in Economic Development and recapitulates the various issues related to developing nations' economic development. What are market-led strategies? How do they differ from the Interventionist Strategies? In addition to providing a historical overview of the type of strategies used worldwide, a statement on the possible solutions for the 21-st Century is presented: one-size-fits-all or a tailored solution? You are welcome to  download  the presentation.  Check out our ongoing  challenges  or play Matt Botcheff's Stock Market  Game . 

What is meant by the term aid? What types of aid are there and how does it affect developing nations' economic development? Discover under what circumstances aid is provided. What is the difference between humanitarian and development aid? What is the size of the Official and Unofficial Development Aid? Furthermore, what roles do the World Bank and the International Monetary Fund play? How does aid affect developing nations? Find out about a multitude of concerns related to aid. How do Non-Government Organizations (NGO) fit into the topic? Finally, embark on the topic of debt, the level of indebtedness and check out the various implications debt has for for economic growth and development. You are welcome to  download  the presentation.  Check out our ongoing  challenges  or play Matt Botcheff's Stock Market  Game . 

What is meant by the term FDI? What types of FDI are there and what is its size? How does FDI contribute to economic growth and development? Discover the advantages & disadvantages of FDI. What is Corporate Social Responsibility?  You are welcome to  download  the presentation.  Check out our ongoing  challenges  or play Matt Botcheff's Stock Market  Game . 

What is meant by the term international trade? What is the status quo in international trade of developing nations and how does it affect their economic development? Discover how over-specialization, commodities' price volatility and lack of access to international markets all limit developing nations' economic development. What are the long-term trends in the Terms of Trade (TOT) in the primary sector? Finally, check out the various trade strategies for economic growth and development, such as import substitution, export promotion, trade liberalization, economic integration and diversification. How does fair trade fit into International Trade? You are welcome to  download  the presentation.  Check out our ongoing  challenges  or play Matt Botcheff's Stock Market  Game . 

What is meant by the term institution? What're the main domestic factors, which contribute to economic development? Discover how education, healthcare, infrastructure, political stability, taxation, as well as the legal and financial  systems enhance economic development. Gender equality and the use of appropriate technology are also closely-related to economic growth and development. You are welcome to  download  the presentation.  Check out our ongoing  challenges  or play Matt Botcheff's Stock Market  Game . 

What is meant by the terms poverty trap and poverty cycle? What's the difference between relative and absolute poverty? How is the poverty cycle illustrated? Discover the ways to measure economic development. Fundamental financial, health and educational indicators are discussed along with Purchasing Power Parity (PPP) and the Big Mac Index. Finally, find out about the Human Development Index (HDI), as well as other composite indices, such as the GDI, GEM, HPI & GPI. You are welcome to download the presentation.  Check out our ongoing  challenges  or play Matt Botcheff's Stock Market  Game . 

What is meant by the term Economic Development? How has it evolved? Who are Amartiya Sen and Michael Todaro? What are the modern views of economic development?  Discover the sources of Economic growth and how they relate to Economic development. What's the relationship between growth and development? Finally, find out about the common characteristics and the differences between developing nations. You are welcome to download the presentation here .  Check out our ongoing challenges  or play Matt Botcheff's Stock Market Game . 

Following are the solutions to the Mock Exams in March 2019: Paper 1 HL Paper 1 HL (version 2) Paper 1 SL Paper 2 HL Paper 2 SL Paper 3 Paper 3 (version 2) Please check out the solutions to the Paper 2 Exam taken in December 2018.

Michael Douglas portraying Gordon Gecko in the movie “Wall Street” (1987)    Now, that you are about to finish the two-year high-school International Baccalaureate (IB) Economics class, and are packing your bags getting ready for college, might possibly be the best time to embark on a new adventure…  In class, time and again, we have mentioned the stock market as a major factor in Economics, as well as a useful investment tool in advanced economies. Statistically, as much as a third of personal wealth is invested there, and therefore, whether one knows much about it or not, it still affects people’s lives and world economies. So, why not take the stock market challenge and apply some (if not all!) of the Economics concepts we had studied all along? While this is just a game, and no money is invested, no actual stocks are traded, and no real gains or losses are booked, please keep in mind that the stock market is a market where fortunes are made or lost, where risk ...

Now, that we've covered demand, supply and market equilibrium, this challenge should be a walk in the park for you... https://kahoot.it/challenge/087512 087512 Good luck to all of you!