IB Economics HL- Intro to Economics Notes

By Laura · In 2022
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Introduction to the IB Economics HL course, including:

  • Scarcity
  • Free Goods/Economic Goods
  • Microeconomics
  • Macroeconomics
  • Factors of Production
  • "Economic Problem"
  • Positive/Normative Economics
  • Opportunity Cost
  • The Circular Flow
  • Product Possibilities Model
  • Four Economic Systems (Traditional, Command, Market, Mixed)
Added April 2022