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Economics — free IB SL course

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Standard Level · IB Diploma · Free premium course

Economics

21 premium lessons live for IB Diploma Economics. Learn visually, read concise notes, then practise with criterion marking on every topic.

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12 interactive simulations across 10 topics — browse the Simulation Lab →

ContentsEconomics SL · 21 topics

Unit 1 · 3 topics

Introduction to economics

◆Scarcity, choice and opportunity cost2 sims1.1CONTINUEEconomics as a social science and the role of models1.2The central concepts: efficiency, equity, sustainability and change1.3

Unit 2 · 7 topics

Microeconomics

Demand and the law of demand1 sim2.1Supply and the law of supply1 sim2.2Market equilibrium and the price mechanism1 sim2.3Market failure: externalities and the environmentInteractive diagram2.7Market failure: public goods and common pool resources2.8Market structures: perfect competition and monopoly1 sim2.10Market structures: monopolistic competition and oligopoly2.11

Unit 3 · 6 topics

Macroeconomics

Aggregate demand and aggregate supply3.2Low unemployment1 sim3.3Economic growth1 sim3.5Economic equality and the role of taxation1 sim3.6Demand-side policies: fiscal and monetary policy2 sims3.7Supply-side policies1 sim3.8

Unit 4 · 5 topics

The global economy

Free trade and protectionismInteractive diagram4.2Economic integration and the WTO4.3Sustainable development4.6Measuring economic development4.7Barriers to development and economic development strategies4.8
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Free IB Economics SL course — 21 topics

Revise IB Diploma Economics (Standard Level) topic by topic. This free course covers 21 official syllabus points with visual lessons, worked examples, and markband-aligned past-paper practice. Each topic links to IB criterion practice on MarkScheme — a free alternative to paid note sites for students searching "IB Economics notes" or "IB Economics revision".

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