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) (Theory of the Firm)

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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