And miles to go before I sleep.....And miles to go before I sleep.
IB economics@yELLOWSUBMARINER
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    • 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
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    • 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
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    • 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
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  • Class 2021
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    • Assessment >
      • Best Answers in Economics
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    • Introduction
    • Micro >
      • 1.1 Markets
      • 1.2: elasticities
      • 1.3: intervention
      • 1.4: market failure
      • 1.5: theory of firm
    • Macro >
      • 2.1 macro activity
      • 2.2 AD + AS
      • 2.3 macro objectives
      • 2.4 fiscal policy
      • 2.5 monetary policy
      • 2.6 supply side
    • International >
      • 3.1 trade
      • 3.2 exchange rates
      • 3.3 bop
      • 3.4 integration
      • 3.5 terms of trade
    • Development >
      • 4.1 development
      • 4.2 measurement
      • 4.3 domestic factors
      • 4.4 trade
      • 4.5 fdi
      • 4.6 aid
      • 4.7 debt
      • 4.8 intervention
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  • Conclusion: The End or maybe...the Start!
  • Submariner Resources
3.3 BIG  Questions
Why Balance of Payments ?

IBQ samples
Syllabus 3.3
Balance of Payments
331 - What is BoP ?
3390 BoP and Exchange Rate
332 Key Definitions
333 Problems + Cures
334 Switch + Reduce
335  J Curve (HL)
338 - Marshall Lerner (HL)
339 Mayu part 1
340 Mayu Part 2
Picture
You   Tube 3.3
330 Big Ideas
3.3 - Balance of Payments Dictionary

  1. balance of trade
  2. debit item on bop
  3. credit item on bop
  4. current account
  5. capital account
  6. financial account
  7. current account deficit
  8. current account surplus
  9. economic integration
  10. supply side policies
  11. import  substitution
  12. invisible balance

HL

  1. indebtedness
  2. expenditure reducing policies
  3. expenditure switching policies
  4. J-curve
  5. Marshall-Lerner condition
  6. Marshall Lerner
Picture

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