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IB Economics
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International Economics
International Economics
The purpose of this section is to encourage candidates to understand why countries trade, the problems involved and how these problems are addressed. Students need to understand how exchange rates affect international trade. The international trade theory introduced in this section should be related to real-world examples.
Topics covered in IB International economics
- International trade (one topic HL extension, plus one topic HL only)
- Exchange rates (some topics HL extension)
- The balance of payments (one topic HL extension, plus some topics HL only)
- Economic integration (one topic HL extension)
- Terms of trade (HL only)
Business News
- Thomas Cook blames heatwave for profit warning
- Versace set to be sold in $2bn deal
- Weight Watchers slims down in rebrand
- Barrick and Randgold to create world's biggest miner
- Oil firm in major North Sea gas discovery
- Carrefour denies making bid approach for Casino
- China accuses US of trade bullying as new tariffs imposed
- Labour conference: John McDonnell unveils shares plan for workers
Economy News
- Latest Trump tariffs on Beijing hits over half of Chinese exports to the US
- Crude may rise to $100 a barrel by 2019 due to sanctions on Iran: Merchants
- US imposes next round of tariffs on $200-bn worth of Chinese goods
- Trump's China war puts US tech and telecom companies in the cross hairs
- Trump admin may deny new green cards to immigrants who use public aid
- Oil producers confident of managing supply disruptions, big price increases
- China's debt rises to $2.58 trillion, but remains within official limit
- How global oil production at 27-year low reflects Opec's waning power
Technology News
- Google started quietly logging you into Chrome with latest update, reports say - CNET
- Google's first Android phone rivaled the original iPhone like earlier brands never could - CNET
- Star Wars gets an anime makeover with fan-made trailer - CNET
- Uber and Grab fined $9.5 million for 'mergers that harm competition' - CNET
- Want to convince someone you're not a robot? Use the word 'poop' - CNET
- Japanese space robots just landed on an asteroid (and took incredible photos) - CNET
- Death Stranding's new trailer features a giant monster that will eat you alive - CNET