IB Economics HL Notes

Videos and notes for IB students who have opted for Economics HL. Here's your secret weapon to acing your IB Economics HL exams.

Level of IB Business Management HL
Higher Level
Level of IB Business Management HL
115 IB Economics HL Files
Your Course Instructor
Amay Ganguly

💰 7/7 In IB Economics HL

💰  6 A* grades, 2 A grades in CIE 

💰  Model United Nations Prefect

💰 SAT 2020 performer of the year

💰 A. Director, United Nations Population Fund

Course Content
16 Sections — 84 Lectures — 16 Hours of Content
Meet Your Awesome Instructor
1 Lectures - 04mins
FREE
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Meet Your Awesome Instructor
04mins
Introduction To IB Economics
3 Lectures - 29mins
FREE
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#Econ101 - WHAT is IB Economics!
07mins
FREE
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Changes in IB Economics - Boon or Bane?
09mins
FREE
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The All New Exams - New IB Economics Assessment
15mins
Chapter 1 - Introduction to Economics & The Core Concepts
9 Lectures - 01hr 49mins
FREE
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Introduction To Chapter One - The Basics Of Econ
12mins
FREE
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Scarcity, Choice & The 3 Basic Economic Questions
17mins
PREMIUM
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Microeconomics Vs Macroeconomics & The 9 Core Concepts
10mins
PREMIUM
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Economic Decision Makers & Factors Of Production
08mins
PREMIUM
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Types Of Capital
06mins
PREMIUM
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Opportunity Cost & The Production Possibilities Model
26mins
PREMIUM
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The Circular Flow Of Income
13mins
PREMIUM
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Different Types Of Economies
18mins
PREMIUM
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Methodology & Disputes In Economics
20mins
Chapter 2 - The Evolution of Economics Thinking
13 Lectures - 02hrs 34mins
PREMIUM
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Covering A Lot In This One!! - Points Of Discussion, Mercantilism & Capitalism
16mins
PREMIUM
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Specialisation Of Labour, Its Value & Prosperity
18mins
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In Depth Discussion On - The Invisible Hand, Utility Maximisation & Lassiez Fraie Economics
17mins
PREMIUM
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Classical Economics - Contributions Of David Ricardo & Jean Baptiste Say
18mins
PREMIUM
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IMPORTANT EXTRA NOTES!
05mins
PREMIUM
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Neo-Classical Economics, Marginal Revolution & Law Of Marginal Utility
16mins
PREMIUM
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Who The Hell Is Alfred Marshall?
17mins
PREMIUM
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The One & Only Karl Marx!
11mins
PREMIUM
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Keynesian Macroeconomics EXPLAINED!
11mins
PREMIUM
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Keynesian Macroeconomics CONTINUED!
16mins
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Let's Talk About Monetarism
14mins
PREMIUM
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Twenty First Century Economics - Behavioral Economics
10mins
PREMIUM
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Understanding Linear Economic Model, Circular Model & The Donut Economy
22mins
Chapter 3 - Demand
4 Lectures - 01hr 08mins
PREMIUM
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Welcome To Chapter 3 - Kicking Off With Markets & Competition
14mins
PREMIUM
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All About Demand - Laws, Prices & Curves Explained!
21mins
PREMIUM
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Non Price Determinants Of Demand & Nature Of The Demand Curve
29mins
PREMIUM
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Individual & Market Demand
08mins
Chapter 3 - Demand (HL ONLY)
6 Lectures - 01hr 00mins
PREMIUM
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HL ONLY -  Explaining The Law Of Demand
12mins
PREMIUM
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HL ONLY -  What Are The Assumptions Behind The Law Of Demand
09mins
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HL ONLY -  Behavioral Economics & Questioning The Assumptions
13mins
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HL ONLY -  The Dual Model System Of Thinking
08mins
PREMIUM
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HL ONLY -  Getting Comfortable With Cognitive Biases
12mins
PREMIUM
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HL ONLY -  Make Better Choices ft. Behavioral Economics
10mins
Chapter 4 - A Closer Look at Demand: Elasticity of Demand
7 Lectures - 01hr 01min
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Introduction To Price Elasticty of Demand - What Is It & How To Calculate it?
16mins
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Perfectly Elastic & Inelastic Demand - GRAPHS EXPLAINED!
11mins
PREMIUM
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Normal Cases Of PED - GRAPHS EXPLAINED!
12mins
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Summary Of PED Values
05mins
PREMIUM
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Determinants Of PED
12mins
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Why is PED important?
07mins
PREMIUM
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Thorough Explanation of YED - SOLVED QUESTION INCLUDED!
12mins
Chapter 4 - A Closer Look at Demand: Elasticity of Demand (HL ONLY)
3 Lectures - 24mins
PREMIUM
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HL ONLY -  PED & The Demand Curve
09mins
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HL ONLY -  Difference In PED Of Primary Commodities & Manafactured Products
07mins
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HL ONLY -  The Importance Of YED
09mins
Chapter 5 - Supply
8 Lectures - 01hr 21mins
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I'm Psyched To Teach You The Law Of Supply
11mins
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Introduction To The Supply Curve
11mins
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Get To Know About Individual & Market Supply
11mins
PREMIUM
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The Relationship Between Supply & Price
08mins
PREMIUM
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The Non-Price Determinants Of Supply & Their Effects On The Curve
13mins
PREMIUM
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The Non-Price Determinants Of Supply - Cost Of Production, Price Of Related Goods Competitve & Joint Supply
17mins
PREMIUM
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The Non-Price Determinants Of Supply - Government Intervention
13mins
PREMIUM
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The Non-Price Determinants Of Supply - Changes In Technology, Supply Shocks
08mins
Chapter 5 - Supply (HL ONLY)
3 Lectures - 40mins
PREMIUM
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HL ONLY -  The Law Of Supply Explained - The Short Run Factor
14mins
PREMIUM
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HL ONLY -  The Law Of Supply Explained - The Law Of Diminishing Returns & Total, Average & Marginal Product
16mins
PREMIUM
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HL ONLY -  Increasing Marginal Costs & Conclusion
11mins
Chapter 6 - A Closer Look At Supply: Price Elasticity Of Supply
4 Lectures - 45mins
PREMIUM
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What Is Price Elasticity Of Supply
19mins
PREMIUM
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The Significance Of Values Of PES
10mins
PREMIUM
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The Significance Of Values Of PES CONTINUED!
06mins
PREMIUM
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Determinants Of PES
12mins
Chapter 6 - A Closer Look At Supply: Price Elasticity Of Supply (HL ONLY)
1 Lectures - 11mins
PREMIUM
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HL ONLY -  Difference In PES Values Of Primary Commodities & Manufactured Products
11mins
Chapter 7 - Market Equilibrium, The Price Mechanism And Market Efficiency
6 Lectures - 01hr 14mins
PREMIUM
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What Is Equilibrium? Graphical Equilibrium Between Demand & Supply
20mins
PREMIUM
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Effects On Equilibrium Due To Shits In Demand & Supply
15mins
PREMIUM
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Questions On Equilibrium
11mins
PREMIUM
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The Price Mechanism
14mins
PREMIUM
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Market Efficiency
15mins
PREMIUM
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Social Surplus & Allocative Efficiency
14mins
Chapter 7 - Market Equilibrium, The Price Mechanism And Market Efficiency (HL ONLY)
1 Lectures - 11mins
PREMIUM
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HL ONLY -  Calculating Consumer & Producer Surplus
11mins
Chapter 8 - Methods of Government Intervention in Markets
14 Lectures - 03hrs 00mins
PREMIUM
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Government Intervention & Its Methods
10mins
PREMIUM
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Indirect Taxes & Their Effects
15mins
PREMIUM
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Types Of Indirect Taxes
20mins
PREMIUM
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Questions To Ask After A Tax Is Imposed & Their Answers
23mins
PREMIUM
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Tax Burden
16mins
PREMIUM
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Some Extra Points About PED!
05mins
PREMIUM
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Price Elasticity Of Supply & Indirect Taxes
11mins
PREMIUM
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Subsidies & Its Effects
16mins
PREMIUM
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Subsidy Graphical Outcomes
17mins
PREMIUM
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Considerations Before Granting Subsidies
15mins
PREMIUM
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Price Controls
08mins
PREMIUM
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Price Ceilings - Maximum Prices
18mins
PREMIUM
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Price Floors - Minimum Prices
18mins
PREMIUM
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Quotas & Conclusion - The Reason For Intervention
14mins
Chapter 8 - Methods of Government Intervention in Markets (HL ONLY)
1 Lectures - 15mins
PREMIUM
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HL ONLY -  Consumer, Producer Surplus & A Discussion On Welfare Loss
15mins
Chapter 2 - Competitive markets demand and supply
PREMIUM
Notes
29 AUG 2020
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Chapter 3 - Elasticities
PREMIUM
Notes
29 AUG 2020
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Chapter 4 - Government Intervention
PREMIUM
Notes
29 AUG 2020
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Chapter 5 - Market Failure
PREMIUM
Notes
29 AUG 2020
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Chapter 6 - The Theory Of The Firm I Production, Costs, Revenues And Profit
PREMIUM
Notes
29 AUG 2020
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Chapter 7 - The Theory Of The firm II Market Structures
PREMIUM
Notes
29 AUG 2020
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Chapter 8 - The level of overall economic activity
PREMIUM
Notes
29 AUG 2020
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Chapter 9 - Aggregate Demand and Aggregate Supply
PREMIUM
Notes
29 AUG 2020
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Chapter 10 - Macroeconomic Objectives I Low Unemployment, Low and Stable
PREMIUM
Notes
29 AUG 2020
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Chapter 11- Macroeconomic Objectives II Economic Growth And Equity In The Distribution Of Income
PREMIUM
Notes
29 AUG 2020
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Chapter 12 - Demand-Side And Supply-Side Policies
PREMIUM
Notes
29 AUG 2020
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Chapter 13 - International Trade
PREMIUM
Notes
29 AUG 2020
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Chapter 14 - Exchange rates and the balance of payments-min
PREMIUM
Notes
11 JUN 2020
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Chapter 16 - Understanding economic development-min
PREMIUM
Notes
11 JUN 2020
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Revision 1 - Introductory concepts-min
PREMIUM
Notes
11 JUN 2020
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Revision 2 - Demand and supply-min
PREMIUM
Notes
11 JUN 2020
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Revision 3 - Elasticity of demand and supply-min
PREMIUM
Sample Past Papers
01 JAN 1970
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Revision 4 - Government intervention-min
PREMIUM
Notes
11 JUN 2020
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Revision 5 - Market failure-min
PREMIUM
Notes
11 JUN 2020
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Revision 6 - Market forms I-min
PREMIUM
Notes
11 JUN 2020
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Revision 7 - Market forms II-min
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Notes
11 JUN 2020
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Revision 8 - Aggregate demand and aggregate supply-min
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Notes
11 JUN 2020
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Revision 9 - Unemployment-min
PREMIUM
Notes
11 JUN 2020
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Revision 10 - Inflation and deflation-min
PREMIUM
Notes
11 JUN 2020
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Revision 11 - Demand-side and supply-side policies-min
PREMIUM
Notes
11 JUN 2020
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Revision 12 - National income, circular flow, multiplier-min
PREMIUM
Notes
11 JUN 2020
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Revision 13 - Taxation-min
PREMIUM
Notes
11 JUN 2020
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Revision 14 - Free trade and protectionism-min
PREMIUM
Notes
11 JUN 2020
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Revision 15 -Reasons for trade, economic integration and terms of trade-min
PREMIUM
Notes
11 JUN 2020
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Revision 16 - Exchange rates-min
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Notes
11 JUN 2020
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Revision 17 - Balance of payments-min
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Notes
11 JUN 2020
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Notes 1.1 - Demand & Supply
PREMIUM
Notes
29 AUG 2020
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Notes 1.2 - Externalities
PREMIUM
Notes
29 AUG 2020
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Notes 1.3 - Government Intervention
PREMIUM
Notes
29 AUG 2020
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Revision 16 - Exchange rates-min
PREMIUM
Notes
11 JUN 2020
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Notes 1.4 -The theory of the firm-min
PREMIUM
Notes
11 JUN 2020
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Notes 1.5 - Market structures-min
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Notes
11 JUN 2020
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Notes 1.6 - Price discrimination-min
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Notes
11 JUN 2020
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Notes 2.1 - Overall economic activity-min
PREMIUM
Notes
11 JUN 2020
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Notes 2.2 - 2.3 - Aggregate demand and aggregate supply - Macroeconomic objectives-min
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Notes
11 JUN 2020
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Notes 2.4 - 2.5 - Economic Growth -Goverment intervention-min
PREMIUM
Notes
11 JUN 2020
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Notes 3.1 - Trade-min
PREMIUM
Notes
11 JUN 2020
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Notes 3.2 - Exchange rates-min
PREMIUM
Notes
11 JUN 2020
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Notes 3.3 - The balance of payments-min
PREMIUM
Notes
11 JUN 2020
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Notes 3.4 - Terms of trade-min
PREMIUM
Notes
11 JUN 2020
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Notes 4.0 - Economic development-min
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Notes
11 JUN 2020
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Notes 5.1 - Microeconomics (Definitons)-min
PREMIUM
Notes
11 JUN 2020
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Notes 5.2 - Macroeconomics (Definitons)-min
PREMIUM
Notes
11 JUN 2020
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Notes 5.3 - International Economics (Definitons)-min
PREMIUM
Notes
11 JUN 2020
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Notes 5.4 - Development Economics (Definitons)-min
PREMIUM
Notes
11 JUN 2020
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Notes 6 - ABBREVIATIONS-min
PREMIUM
Notes
11 JUN 2020
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Notes 7.0 - Time Management-min
PREMIUM
Notes
11 JUN 2020
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Indian Multinationals
PREMIUM
Sample IA
05 AUG 2020
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Asking to be taxed and Regulated
PREMIUM
Sample IA
05 AUG 2020
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Oil Importars losing faith in Russia
PREMIUM
Sample IA
05 AUG 2020
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Venezuela Inflation
PREMIUM
Sample IA
05 AUG 2020
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Baseball’s stadium shakedown - The Washington Post
PREMIUM
Sample IA
05 AUG 2020
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Huge rise in Tube fares to plug deficit - The Independent
PREMIUM
Sample IA
29 AUG 2020
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Income insurance scheme for farmers
PREMIUM
Sample IA
05 AUG 2020
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U.S. Slaps High Tariffs on Chinese Solar Panels
PREMIUM
Sample IA
05 AUG 2020
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UK inflation rate eases in August, 𝑂𝑁𝑆 says
PREMIUM
Sample IA
05 AUG 2020
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The Cost of Getting Down Is Going UP
PREMIUM
Sample IA
05 AUG 2020
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Fears Of Currency Devaluation Mount in Egypt
PREMIUM
Sample IA
06 AUG 2020
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Inflation curbs India's scope to cut rates
PREMIUM
Sample IA
06 AUG 2020
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Fed lowers outlook for growth in 2008
PREMIUM
Sample IA
06 AUG 2020
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Gasoline tax in West Virginia
PREMIUM
Sample IA
06 AUG 2020
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Ghana AIDS Commission Launches Condom-Distribution Program Ahead of African Cup of Nations
PREMIUM
Sample IA
06 AUG 2020
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US to impose penalty tariffs on China
PREMIUM
Sample IA
06 AUG 2020
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Bus industry competition queried
PREMIUM
Sample IA
06 AUG 2020
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Not by monetary policy alone
PREMIUM
Sample IA
06 AUG 2020
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Overvalued exchange rate is a symbol of Britain’s economic malaise
PREMIUM
Sample IA
06 AUG 2020
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U.S. - Mexico Trucker Dispute Takes a Step Forward
PREMIUM
Sample IA
08 AUG 2020
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International Trade - Paper Two
PREMIUM
Sample Past Papers
10 AUG 2020
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Structure - Paper Two
PREMIUM
Sample Past Papers
29 AUG 2020
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Understanding economic development - Paper Two
PREMIUM
Sample Past Papers
10 AUG 2020
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Aggregate Demand And Aggregate Supply - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Competitive Markets Demand And Supply - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Demand - Side And Supply -Side Policies - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Economic Integration And The Terms Of Trade - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Elasticities - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Exchange Rates And The Balance Of Payments - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Government Intervention - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Macroeconomic Objectives I - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Macroeconomic Objectives II - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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The Theory Of The Firm I - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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The Theory Of The Firm II - Paper 3
PREMIUM
Sample Past Papers
10 AUG 2020
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Write a Killer Economics IA!
PREMIUM
Sample IA
10 AUG 2020
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Theory Of The Firm - Practice Questions
PREMIUM
Sample IA
10 AUG 2020
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Internal Assessment Breakdown!
PREMIUM
Sample IA
11 AUG 2020
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Competitive Markets - Exam Review
PREMIUM
Sample Past Papers
12 AUG 2020
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Goverment Intervention - Exam Review
PREMIUM
Sample Past Papers
12 AUG 2020
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Theory Of The Firm - Exam Review
PREMIUM
Sample Past Papers
12 AUG 2020
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Aggregative Demand and Aggregate Supply - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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Fiscal policy - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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Macro Economic Objectives - Exalm Review
PREMIUM
Sample Past Papers
13 AUG 2020
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Monetary Policy - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Level Of Overall Economic Activity - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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Economic Development - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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Measuring Development - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Balance Between Markets and Intervention - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Role Of Domestic Factors - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Role of Foreign Direct Investment (FDI) - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Role of International Trade (One Topic HL Extension) - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Role of Internationl Debt - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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The Roles of Foreign Aid and Multilateral Development Assistance - Exam Review
PREMIUM
Sample Past Papers
13 AUG 2020
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Economic Intergration Conetopic HL- Exam Review
PREMIUM
Sample Past Papers
14 AUG 2020
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Exchange Rates - Exam Review
PREMIUM
Sample Past Papers
14 AUG 2020
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Intermation Trade - Exam Review
PREMIUM
Sample Past Papers
14 AUG 2020
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Terms of Trade HL Only - Exam Review
PREMIUM
Sample Past Papers
14 AUG 2020
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The Balance of Payments - Exam Review
PREMIUM
Sample Past Papers
14 AUG 2020
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About

Learn and master both basic and advanced IB Economics HL concepts to score that perfect 7 on your IB Economics exam. 

Nail your IB Economics HL prep with this first of its kind comprehensive video course on IB Economics. 

  • Learn about the structure and syllabus changes in IB Economics.
  • Build a strong foundation of IB Economics basics and advanced concepts alike.
  • Get an edge in your school coursework/general Economics knowledge space with the IB Economics Video Lectures.
  • Get access to premium IB Economics HL notes and past years’ papers.
  • Create your Extended Essay and Internal Assessment on the go by referring to the How-To Guides and examples included.

Your secret weapon to acing your IB Economics HL exams

Are you having trouble with your IB Economics HL curriculum?

Are you a beginner in the IB Economics journey(Pre IB) with no idea where to start?

Has Economics always interested you? Have you been looking for the proper guidance for a while now?

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This is where you need to be.

With Top-Notch IB Economics videos at your disposal, this is the only Economics course that gives you:

  • Extended break down of the IB DP Economics HL revised syllabus and structure.
  • Fun, extensive video lectures from an Instructor with a star IB profile.
  • Premium notes and top recommendations of resources.

Whether or not you have a background in Economics, this course has you covered with its explicit content.

Economics is a popular subject of knowledge, especially in a real-world context. Learning its core concepts right from scratch can seem a little heavy if you’re an IB Economics student in particular. 

Expert mentorship and assistance is the only way through. 

And who better to guide you than someone who has been in your shoes! 

Just what makes this course on IB Economics unique!

Your Instructor for this course, Amay Ganguly, took his IB exam in May ‘20 and scored an impressive 7/7 in his IB Economics HL!

With a star academic record like his, you will walk away from this course with economics concepts aced and invaluable pointers and tips for your overall IB experience. 

IB Economics Video Course Overview

First, of its kind, this IB Economics HL course helps you understand IB’s expectations of you and vice versa by tapping in on the structure and syllabus changes and recommending relevant resources for your reference.

Here’s what you learn in this course

Starting with a detailed introduction to Economics and the evolution of Economics thinking, the course gradually builds and brushes up on your Economics concepts, finally helping you ace your IB Economics HL exam. 

Everything from Micro and Macroeconomics to Demand and Supply, understand the subject’s building blocks via easy to follow IB Economics videos. All you need to do is grab a cup of coffee, find yourself a comfortable spot, and you’re good to go:)

Throughout this comprehensive course, you get valuable tips and pointers from your IB Economics HL Instructor, Amay Ganguly,  who had been in your shoes just a year ago; you’re in for some excellent expert guidance!

By the end of this stimulating IB Economics HL course, you will have learnt everything you need to nail your Economics HL exam and build a strong foundation for your Economics knowledge. 

Topics covered in IB Economics video course

  1. What is economics?
  2. The evolution of economic thinking 
  3. Demand
  4. A closer look at demand - Elasticity of demand
  5. Supply 
  6. A closer look at supply - Price elasticity of supply 
  7. Market equilibrium, the price mechanism and market efficiency 
  8. Methods of Government intervention in markets 
  9. Market failure 
  10. Rational producer behaviour 
  11. Market power - Perfect competition and monopolistic competition 
  12. Market power - Monopoly and oligopoly 
  13. The level of overall economic activity 
  14. Aggrege demand 
  15. Aggrege supply 
  16. Macroeconomic equilibrium
  17. Demand management (demand-side policies)
  18. Supply-side policies
  19. Macroeconomic objectives - Low unemployment
  20. Macroeconomic objectives - Low and stable rate of inflation
  21. Macroeconomic objectives - Economic growth
  22. Economics of inequality and poverty
  23. Why do countries trade?
  24. Free trade and protectionism
  25. Economic integration
  26. Exchange rates
  27. The balance of payments
  28. Economic development and sustainable development
  29. Measuring economic progress
  30. Barriers to development
  31. Strategies to promote economic growth and economic development
  32. Assessment advice

This course is suitable for you if,

  • you’re just starting with your IB Economics journey(Pre IB), 
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    • Sample Economics Past Papers
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