IB DP Economics Notes Section 3: Microeconomics

Microeconomics

All Content:

2.1 Demand

2.2 Supply

2.3 Equilibrium

2.4 Critique of Maximizing Behaviour (HL Only)

2.5 Demand Elasticity

2.6 Supply Elasticity

2.7 Role of Government

2.8 Externalities & Common Pool Resources

2.9 Public Goods

2.10 Asymmetric Information (HL Only)

2.11 Market Power (HL Only)

2.12 The Market's Inability to Achieve Equity (HL Only)

All Definitions

All Diagrams/Calculations

Microeconomics Real-Life Examples

IB Economics Notes, Definitions, Real-Life Examples, Diagrams, and Calculations. Chapter 2: Microeconomics

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