IB Economics (SL) - Microeconomics - Unit 2 (Real-world issue 1)

For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403

For Unit 2 (Real-World issue 2) see: https://www.tes.com/teaching-resource/resource-12826944

Everything that you need to teach Real-world issue 1 of Unit 2: Microeconomics of IB DP Economics (Standard Level).

Includes:

97 slide PowerPoint (broken down into individual lessons covering everything in the syllabus for teaching Real-world issue 1 - Standard Level)
Student activities and challenges throughout the presentations
Worksheets for every lesson
Practice questions
Graph practice
Links to relevant videos and other external resources
Links to online quizzes

Topics covered include:

• Demand
• The demand curve (movements & shifts)
• Supply
• The supply curve (movements & shifts)
• Market equilibrium
• Functions of the price mechanism
• Consumers, producer & community surplus
• Allocative efficiency
• Price elasticity of demand
• Income elasticity of demand
• Price elasticity of supply