IB Economics HL
Key Understandings
In the IB Economics HL (Higher Level) Key Understandings section, you will find summary videos that will help you review the most important concepts and skills necessary for success. They are ideal for a quick refresher before tackling questions in the Revision Village Questionbank or Practice Exams sections of the website.
Introduction to Economics
5 mins
Topic 1
Introduction to Economics
Introduction to Economics
5 mins
The Price Mechanism
5 mins
Government Intervention and Market Failure
6 mins
Topic 2
Microeconomics
The Price Mechanism
5 mins
Government Intervention and Market Failure
6 mins
Economic Output, AD & AS
7 mins
Demand-Side and Supply-Side Policies
7 mins
Topic 3
Macroeconomics
Economic Output, AD & AS
7 mins
Demand-Side and Supply-Side Policies
7 mins
Free Trade and Trade Protection
5 mins
Exchange Rates and Trade Flows
7 mins
Economic Growth vs. Economic Development
11 mins
Topic 4
The Global Economy
Free Trade and Trade Protection
5 mins
Exchange Rates and Trade Flows
7 mins
Economic Growth vs. Economic Development
11 mins
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