Final Assessment Opportunities Semester 2, 2010

There remains a number of opportunities for you to consolidate your learning and demonstrate your understand in the last weeks of your Year IB Economics course.

1. All Section 3 Online Quizzes will close on 30 May.

2. Data Response #2 Period A and B 24 and Period H 25 May.

3. Problem Bases Learning Presentation: H Period 29 May, A and B Periods 31 May.

4. End of Year Exam (Exam period 3 June – 8 June)

Data Response:

Covers Section 2 and Section 3

Focus:

The characteristics of market economy

Demand-side and Supply-side policices

Diagrams that show the impact of subsidies

AD/AS Diagrams that show shifts in AD and AS

Evaluating an economy with references to Macroeconomic goals and stakeholders

Exam

SL Paper 1

Option 1

Review: PPC, Merit Goods, Market Forces of Supply and Demand

Option 2

Demand-side and Supply-side Policies and Unemployment

SL Paper 2

Option 1

Review: Opportunity Costs, GDP, shifts in S and D negative externalities, Supply-side policies pros and cons

Option 2

Consumption , unemployment, components of GDP, normative and positive statements, evaluating Demand-side and Supply-side policies

HL Paper 1

Option 1

Review: Price Discrimination, the goals of a firm in the Theory of the Firm

Option 2

Rate of inflation and how it is measured/Polices used to influence the rate of inflation

HL Paper 2

Option 1

Review: Consumption , unemployment, components of GDP, normative and positive statements, evaluating Demand-side and Supply-side policies

Option 2

Review: Characteristics of a market, normal profit, abnormal profit in monopolistic competition, costs and benefits of monopolistic competition for stakeholders