1.1 Understanding the nature of Economics
1.2 The three basic allocation questions
1.3 Understanding the world with the use of models
1.4 The method of economics
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2.1 Introduction to competitive markets
2.2 Demand
2.3 Supply
2.4 Competitive market equilibrium: demand and supply
2.5 The role of the price mechanism and market efficiency
2.6 Critique of the maximising behaviour of consumers and producers (HL only)
2.7 Role Of Government
2.8 Market Failure
2.9 Public goods
​2.10 Asymmetric Information
2.11 Markets Cause Inequality
3.1: Measuring Economic Activity
3.2: Variations of Economic Activity
3.3: Macroeconomic Objectives
3.4: Inequality and Poverty
3.5: Demand Management (Monetary Policy)
3.6: Demand Management (Fiscal Policy)
3.7: Supply-Side Policies
4.1: Benefits of International Trade
4.2: Types of Trade Protection
4.3: Arguments for and Against Trade Protection
4.4: Economic Integration
4.5: Exchange Rates
4.6: Balance of Payments
4.7: Sustainable Development
4.8: Economic Development
4.9: Barriers to Economic Growth and Development
4.10: Economic Growth and Development Strategies