IB economics: real world examples

MICROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Subsidies 

Do subsidies always work? A discussion of subsidies using clean energies!

Price controls real world example IB Economics

MICROECONOMICS

REAL WORLD EXAMPLES

Price floors 

Do price floors always end up with a surplus?A discussion of national minimum wages

IB Economics Price controls (5)

MICROECONOMICS

REAL WORLD EXAMPLES

Price ceiling

With average rents about to hit £2500 per month, how can a price ceiling help? 

IB Economics Price controls (20)

MICROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Consumer rationality 

Do consumers always seek to maximise their own utility? 

IB_Economics_rationality_RWE

MICROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Market power

A discussion of market power and whether or not it is always a bad thing. 

Market Power RWE

MICROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Subsidies versus price floors 

Which is the most useful to support agricultural production? 

subsidy or price floor (2)

MACROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Sustainable debt 

Do high levels of debt always lead to an economic crisis? 

Sustainable debt (5)

MACROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Tax and inequality

A discussion as to whether tax is the best policy to address economic inequality [15]

IB Economics solving inequality through tax RWE (25)

MACROECONOMICS

REAL WORLD EXAMPLES (RWE’s)

Inflation versus unemployment

A discussion of the view that inflation is worse than unemployment! [15]

IB Economics RWE Inflation versus unemployment (17)