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Economics HL

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Demand Management (Demand-side Policies) — Monetary Policy
Measuring Economic Activity and Illustrating Its Variations
Economics of Inequality and Poverty
Macroeconomic Objectives
Supply-side Policies
Variations in Economic Activity — Aggregate Demand and Aggregate Supply
Demand Management — Fiscal Policy
How Do Economists Approach the World?
What is Economics?
Types of Trade Protection
How do Economists Approach the World?
Arguments for and Against Trade Control/Protection
Balance of Payments
Economic Growth and/or Economic Development Strategies
Exchange Rates
Sustainable Development
Economic Integration
Benefits of International Trade
Measuring Development
Barriers to Economic Growth and/or Economic Development
Types of Trade Protection
Market Failure — Asymmetric Information
Supply
Market Failure — Market Power
The Market’s Inability to Achieve Equity
Role of Government in Microeconomics
Competitive Market Equilibrium
Elasticity of Demand
Demand
Market Failure — Public Goods
Market Failure — Externalities and Common Pool Resources
Critique of the Maximizing Behaviour of Consumers and Producers
Elasticity of Supply

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