IB Economics Standard Level (SL)

This course fully explores the main principles of macro economics with emphasis on how these principles apply across global economies. Study will include fundamental concepts of supply and demand through a detailed examination of international commodities and their role in the global marketplace. Concepts of currency exchange and valuations, money supply, gross domestic product, inflation, trade, unemployment, game theory and purchasing power parity will be among the many topics discussed. Various hands-on simulations will be used to explain abstract concepts during the course of study. This course will prove to be both challenging, enjoyable and applicable to current events around the globe.