And miles to go before I sleep.....And miles to go before I sleep.
IB economics@yELLOWSUBMARINER
  • Home
    • Why Study Economics?
    • Useful Resources
    • Submariner Tutorials
  • CO 2022
    • HOME 22
    • Submariner Resources
    • 600 Dictionary List
    • Assessment >
      • Best Answers in Economics
      • Extended Essays
      • Internal Assessment
    • Section 1: Intro
    • Section 2: Micro >
      • 2.1 Markets
      • 2.2 Supply
      • 2.3 Competition
      • 2.4 Behaviour
      • 2.5 - Elasticity
      • 2.6: PeS
      • 2.7: intervention
      • 2.8 Market Failure
      • 2.9: market failure 2
      • 2.10 Market Failure (HL)
      • 2.11: theory of firm
      • 2.12: equity
    • Section 3: Macro >
      • 3.1 macro activity
      • 3.2 AD + AS
      • 3.3 macro objectives
      • 3.4 Inequality + Poverty
      • 3.5 monetary policy
      • 3.6 fiscal policy
      • 3.7 supply side
      • 13 Indices
    • Section 4: Global Economy >
      • 4.1 trade - why?
      • 4.2 trade protection 1
      • 4.3 trade protection 2
      • 4.4 integration
      • 4.5 exchange rates
      • 4.6 bop
      • 4.7 sustainability
      • 4.8 Measurement
      • 4.9 Barriers
      • 4.10 strategies
  • CO 2023
    • HOME
    • Submariner Resources
    • Section 1: Intro
    • Section 2: Micro >
      • 2.1 Markets
      • 2.2 Supply
      • 2.3 Supply + Demand
      • 2.4 (HL) Behaviour: consumer+firm
      • 2.5: Elasticity (PeD + YeD)
      • 2.6: PeS
      • 2.7: intervention
      • 2.8 Market Failure
      • 2.9: market failure 2
      • 2.10 Market Failure (HL)
      • 2.11: theory of firm
      • 2.12: equity
    • Section 3: Macro >
      • 3.1 macro activity
      • 3.2 AD + AS
      • 3.3 macro objectives
      • 3.4 Inequality + Poverty
      • 13 Indices
    • Section 4: Global Economy
    • 600 Dictionary List
    • Assessment >
      • Internal Assessment
      • Process Folio + Grading
      • Extended Essays
  • CO 2024
    • Section 1: Intro
    • Section 2: Micro
  • Big Ideas
  • Study Skills
    • Economics
    • ISD Study Skills
    • General
  • Bus + Econ
    • Homepage
    • Course Outline
    • Online Internships - Work Experience?
    • Submariner Resources
    • Work @ Class
    • Work @ Home
    • News Logs
    • Research: What's the News today?
    • Dictionary / Glossary
    • Process Folio + Grading
    • Unit 1: Introduction
    • Units 2: MICRO Business Firm + Mixed Market >
      • 2.1 Demand
      • 2.2 Supply
      • 2.3 Supply + Demand
    • Unit 3: Macroeconomics >
      • Macro Project
      • 3.1 GDP
      • 3.2 Inflation
      • 3.3 Unemployment + HDI
      • 3.4 Taxation + Inequality
      • 3.5 Indices
      • 3.3 HDI + Happy Planet Index
      • 3.5 AD + AS
    • Unit 4: Development + Trade
    • unit 5: Stockmarket
  • G8 HUM
    • G8 Homepage
    • G8 News Log Resources
    • G8 Development Resources
    • G8 Slavery
    • G8 Civil Rights
    • G8 Holocaust
  • HP 3 Bank
  • Example Bank - Print
  • Example Bank - Video
  • Revision - 8
    • Revision - Big Ideas Full Syllabus
    • Revision - 8 strategies
    • Dictionary-Lists
    • 23 Essential Diagrams
    • Big Ideas
    • Last minute Micro.com
    • Last minute Macro.com
    • Last minute Trade.com
    • Last minute Development.com
  • 'How to' in economics?
  • Survey
  • Conclusion: The End or maybe...the Start!
  • Submariner Resources

Syllabus Unit 2: Microeconomics      Markets     2.1 2.2 2.3

Home
2.1 Big Questions
IBQ samples
2.1 Mayu - Syllabus Notes
2.1 Mayu - Syllabus Notes (pdf)
Microeconomics         2.1-2.2-2.3​ 
2.1
203 Demand Function (26)
207 Demand Worksheet (26)
217 Utility, Income+Substitution Effect (23) (HLOnly)
2.2
202  Supply Function (32)
206 Supply Worksheet (32)
201 Diminishing Returns (29) (HL Only)
2.3
213 - S + D worksheet (35)
215 Supply + Demand Worksheet (35)
214 - Data Response (35)
218 Signal + Incentive (36)
204 Consumer  Producer Surplus (37)
205  Consumer + Producer Surplus (37)
Evaluate the Market (price mechanism)+Resource Allocation
208   Allocation (Fish in Duesseldorf) (39)
209   Market (price mechanism) Advantages (39)
211   Market (price mechanism) Disadvantages I (39)
212  Market (price mechanism) Disadvantages II (39)
219 Best Answer sample
Online Activities:
Demand Quiz
216 Crossword Microeconomics
1.1 - Competitive Markets

1.     Market

2.     Price mechanism

3.     price (signal and incentive function)

4.     consumer demand

5.     market demand

6.     firm supply

7.     market supply

8.     clearing price/equilibrium

9.     demand function

10.  law of demand

11.  supply function

12.  law of supply

13.  ceteris paribus

14.  movement in demand

15.  movement in supply

16.  price control

17.  productive efficiency

18.  shift in demand

19.  shift in supply

20.  subsidy

21.  normal goods

22.  inferior goods

23.  substitute goods

24.  complementary goods

25.  producer surplus

26.  consumer surplus

27.  community/social surplus

28.  Allocative efficiency (marginal benefit = marginal cost)

Phrases from syllabus:

1.     Price (signal and incentive function) 

Picture
2.123 - Big Ideas
You Tube for  2.1-2.2-2.3
Demand: Mjm Foodie
Demand Shift: Mjm Foodie
Supply: Mjm Foodie
Welker: Shift + Movement in Demand
Welker: b and d variables in Demand + Supply Equations
Welker: Law of Demand
Welker: Supply Shift + Movement
 Equilibrium: MjM Foodie
Welker: Supply Linear Equations
Welker: Diminishing Marginal Returns (Product)
Utility: tutor2u
Utility: Welker
Circular Flow: Tutor2You
PAJ: The Price Mechanism
Welker: Calculating Demand for HP 3
Adam Smith- 'invisible hand'.
105- word version
Proudly powered by Weebly