The IB Diploma Programme Economics deals with various economic aspects that govern the economy of a nation such as scarcity, resource allocation, and the decisions that are made to satisfy human needs. The following sections are covered under the IB Economics SL curriculum:

• Economic variables affecting individuals firms and markets
• Economic theories of macroeconomics

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For both the IB Economics SL and IB Economics HL, students are required to scrutinize four topics: IB microeconomics, IB macroeconomics, and IB international economics and IB development economics with subsections within major topics set aside for higher level IB Economics. These sections are evaluated by three examinations at higher level and two examinations at standard level.

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