IB Economics HL - Questionbank
Topic 1 All - Foundations
All Questions for Topic 1 (Foundations). Scarcity, Choice, and the PPC, How Economists Approach the World
Question Type
All
Paper
Difficulty
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Question 1
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easy
Question 2
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easy
Question 3
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easy
Question 4
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medium
Question 5
no calculator
medium
Question 6
no calculator
medium
Question 7
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medium
Question 8
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medium
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Frequently Asked Questions
What is the IB Econ HL Questionbank?
The IB Economics HL Questionbank is a comprehensive set of IB Economics exam-style short answer questions and multiple choice questions, categorised into syllabus topics, and sortable by question type and difficulty. The bank of questions is accompanied by high-quality step-by-step markschemes and video tutorials, taught by experienced IB Economics teachers. The IB Economics HL Questionbank is the perfect exam revision resource for IB students looking to improve their skills for a particular topic or concept in their IB Economics Higher Level course.
Where should I start in the IB Econ HL Questionbank?
The IB Economics HL Questionbank is designed to help IB students practice Economics HL exam-style questions for a specific topic or concept. Therefore, a good place to start is by identifying a concept that you would like to practice and improve in and go to that area of the Economics HL Questionbank. For example, if you want to practice Economics HL exam-style questions covering monetary policy, you can go to Economics HL Topic 3 (Macroeconomics) and go to the Monetary Policy & Fiscal Policy area of the question bank. On this page there is a carefully designed set of IB Economics HL questions, progressing in order of difficulty from easiest to hardest. Question types include multiple choice questions, exam-style questions (short answer questions), and Paper 1 questions. If you’re just getting started with your revision, you could start at the top of the page with the easiest questions, or if you already have some confidence, you could start at the medium-difficulty questions and progress down.
How should I use the IB Econ HL Questionbank?
The Economics HL Questionbank is perfect for revising a particular topic or concept, in-depth. For example, if you want to improve your knowledge of the Balance of Payments, there are over 10 IB Economics HL exam-style question sets focused specifically on this concept. Alternatively, Revision Village also has an extensive library of Economics HL Practice Exams, where students can simulate the length and difficulty of an IB exam with the Mock Exam sets, as well as Economics HL Real World Examples: medium length case studies where students can practice their Paper 2 and Paper 3 skills while acquiring relevant RWEs across the syllabus.
What if I finish the IB Econ HL Questionbank?
With an extensive and growing library of full-length IB Economics HL exam-style questions in the Economics HL Questionbank, finishing all of the questions would be a fantastic effort, and you will be in a great position for your final exams. If you were able to complete all the questions in the Economics HL Questionbank, then a popular option would be to go to the Economics HL Practice Exams section on Revision Village and test yourself with the Mock Exam Papers, to simulate the length and difficulty of an actual IB Economics HL exam.