Economics for the IB Diploma Coursebook

For Teachers and Students: A Comprehensive Resource for IB Diploma Economics

Authored by a seasoned educator, former IB Economics Chief Examiner, and current senior examiner, the third edition of this coursebook is meticulously crafted to align with the updated syllabus for first examinations in 2022. Designed to inspire both teachers and students, it provides a stimulating and practical exploration of economic theory and policy, enhanced with real-world applications. This all-in-one print and digital coursebook empowers educators and learners with the tools to excel in the subject while fostering critical thinking, international-mindedness, and inquiry-based learning.

Key Features for IB Economics Teachers:

• Comprehensive Teaching Tool: Fully updated to meet the latest IB syllabus requirements, ensuring all key content is covered thoroughly and accurately.
• Integrated Teacher Support: Answers to all coursebook activities are conveniently provided in the accompanying teacher’s resource, streamlining lesson preparation and assessment.
• Conceptual Focus: Each unit includes a "Conceptual Understandings" feature that highlights the nine key IB Economics concepts, helping teachers integrate these themes seamlessly into lessons.
• Engaging Starter Questions: "Before you start" activities at the beginning of chapters encourage classroom discussion, enabling teachers to spark curiosity and deepen understanding of critical economic themes.
• Assessment Alignment: Clear learning objectives are tied directly to IB assessment criteria, ensuring teachers can guide students effectively toward achieving exam success.
• Real-World Applications: Thought-provoking case studies and "Real World Focus" features help teachers bring contemporary issues—like global warming’s impact on inequality—into the classroom for meaningful discussions.
• Exam Preparation Tools: Links to exam-style papers and review aids on Cambridge Elevate equip teachers with resources to prepare students for the new style of assessment.

Benefits for IB Economics Students:

• Practical Skill Development: "Applying Your Skills" questions at the end of real-world case studies encourage students to connect theory to practice, enhancing their analytical abilities.
• Critical Thinking Enhancement: Theory of Knowledge (TOK) features explore economics from various perspectives, fostering deeper critical and independent thinking.
• Self-Assessment Opportunities: "Test Your Understanding" questions throughout the chapters enable students to review their progress, reinforce learning, and engage in formative assessment.
• Inquiry-Based Learning: "Inquiry and Reflection" activities at the end of each chapter allow students to review key concepts and explore significant issues through individual or group tasks.
• Support for ESL Learners: Clear and concise language, contextualized explanations of key terms, and a glossary ensure accessibility for students of all linguistic backgrounds.
• Digital Flexibility: Cambridge Elevate editions offer customisable and interactive features, such as annotation tools, audio notes, and links to external resources, providing a dynamic learning experience both online and offline.

This coursebook is more than just a resource—it’s a guide to mastering IB Economics. Teachers are equipped with versatile tools to inspire, and students are provided with the support needed to flourish in the subject, apply their knowledge to global contexts, and achieve academic success.