WELCOME TO IB ECONOMICS

Naked Economics Assignments
Pakistan Project

IB Exam Prep: Click on the Syllabus Topic
Complete Entries -- Definitions, Assumptions of Theory, Diagrams, Compelling Examples
I. Microeconomics----------------------------------------DUE, APRIL 23rdMAX - Elasticity--Demand, Supply, Income and Cross-ElasticitiesMATT - Externalities --Market and Government FailureJOHN - Giffen and Inferior GoodsOLIVIA - Flat Rate and ad Valorem TaxesMAX - Short Run Cost Theory: Law of Diminishing Margina Returns; Total, Average, & Marginal Product;OLIVIA - Long Run Cost Theory: Economies of Scale, Constant Returns to Scale, Diseconomies of Scale,KELCEY - Revenues: Total, Average and Marginal;JOHN - Profit: Supernormal (economic); profit maximization, sales volume maximization, revenue maximizationJEFF - Perfect Competition and Monopolistic Competition (Short and Long Run Positions; Allocative and Productive ---------------------------Efficiencies)KELCEY - Monopoly (Short and Long Run Positions, Dead Weight Loss, Sources of Monopoly; Natural Monopoly, Benefits)JEFF - Oligopoly (Collusion, Cartel, Kinked Demand)ALEC - Theory of Contestable MarketsMATT - Price Discrimination

II. Macroeconomics----------------------------------------DUE, APRIL 25thMATT - Measuring National Income Trade Creation and Trade DiversionJOHN-- AcceleratorALEC - Unemployment and Inflation; Methods and Problems of MeasurementSIDOR - Non-Accelerating Inflation Rate of UnemploymentMAX - Lorenz Curve and Gini Coefficient

III. International Economics-------------------------------DUE. APRIL 27thJEFF - Comparative Advantage, Absolute Advantage, Limitations of the TheoryALEC - Economic Integration, Trade Creation, Trade DiversionKELCEY - Balance of PaymentsMAX - Exchange Rates-- Effect on Trade Flow, Capital Flow, Interest Rate ChangesOLIVIA - Exchange rates-- Monetary IntegrationMATT - Purchasing Power Parity TheoryMATT - Terms of Trade: Measurement; Causes of Change in Terms of Trade; Marshall Lerner, Jay CurveDeterminants

IV. Development Economics-----------------------------DUE, APRIL 30thJEFF - International Financial Barriers: Indebtedness, Nonconvertible Securities, Capital FlightMAX - Growth and Development Strategies: Harrod-Domar, Dual Sector or Lewis Model, Types of Aid (Bilateral, ------------------------Multilateral, Grant, Soft Loan, Official, Tied Aid)JOHN - Role of International Financial Institutions: IMF, World Bank, Private Sector Bank, NGOs, MNCs, TNCs, Commodity -----------Agreements.
Human Development Index