IB Economics · SL & HL · all four units
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Every unit, SL and HL
88 diagrams across all four units — from PPCs to price discrimination, Phillips curves and J-curves.
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88 diagrams · 24 HL-only · click one to open it in the studio
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Unit 1 · Introduction to economics
Unit 2 · Microeconomics
Demand & supply
Demand curve (law of demand)
Shift in demand
Supply curve (law of supply)
Shift in supply
Market equilibrium
Change in demand → new equilibrium
Change in supply → new equilibrium
Simultaneous shifts in demand and supply
Excess demand and excess supply
Consumer and producer surplus
Allocative efficiency (MSB = MSC)
Elasticity
Government intervention
Linear functions (HL)
Market failure
Costs & revenues (HL)
Perfect competition (HL)
Monopoly (HL)
Unit 3 · Macroeconomics
Economic activity
AD/AS model
Aggregate demand (AD) curve
Shift in short-run aggregate supply (SRAS)
Long-run equilibrium (new classical / monetarist)
Keynesian aggregate supply curve
Increase in AD in the Keynesian model
Recessionary (deflationary) gap — new classical
Inflationary gap — new classical
Recessionary (deflationary) gap — Keynesian
Inflationary gap — Keynesian
