Match. Get the Notes. Macroeconomics. IB Economics : Macroeconomics Key Concepts. Economics is divided into two categories: microeconomics and macroeconomics. IB International Economics builds much upon the skills and knowledge developed in earlier section of the IB Economics course – micro and macroeconomics. Terms in this set (36) Injection. Full employment and Underemployment: A society is almost never fully employed, but one of the goals is to reach full employment.Full employment has two conditions: Everyone who wants to work is working, and the rate of inflation is stable. We have summarised the Economic concepts from the IB Economics syllabus, and linked our IB Economics notes and questions to key topics on this page. Gravity. An injection is an addition to the circular flow that does not arise from households current income - (investment, export receipts, government spending) PLAY. IB Economics – Macroeconomics. Economics is a dynamic social science, forming part of group 3 – individuals and societies. Unemployment and Inflation []. STUDY. Write. Notes that follow the IB syllabus on macroeconomics. IB Economics Notes & Questions. The IB Diploma Programme economics course emphasizes the economic theories of microeconomics, which deal with economic variables affecting individuals, firms and markets, and the economic theories of macroeconomics, which deal with economic variables affecting countries, governments and societies. Micro, Macro or International Trade. ajmccarthynz TEACHER. Created by. Unemployment: the state of being deprived of a job, however actively looking for one and willing to work. 5 Reviews. Test. 20% of your overall IB Economics grade depends on your Economics IA. Spell. The purpose of this section is to provide students with the opportunity for a detailed examination of the major macroeconomic issues facing countries' economic growth, economic development, unemployment, inflation and income distribution.The economic strategies available to governments—demand-side policies, supply-side policies, direct intervention—are introduced and … Flashcards. Price Free! Your IB Economics commentaries should be based on all 3 parts of your economics coursework, i.e. Microeconomics is the study of individuals and business decisions, while macroeconomics … Part of the syllabus: Macroeconomics Article Source: Yahoo News / Deutsche Welle Date of the article: 2017-06-26 / 2017-06-20 Link to article: German business sentiment ‘jubilant’: Ifo / Ifo projects stronger German economic growth Any other similar article, no matter the date, would fit the suggested talking points. COURSE DESCRIPTION. 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