Units. Year 1. Unit 1: Course Overview

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Economics SL

Units All Pamoja courses are written by experienced subject matter experts and integrate the principles of TOK and the approaches to learning of the IB learner profile. This course has been authorised by the International Baccalaureate (IB). Year 1 Unit 1: Course Overview 1:1 - Getting Started 1:2 - Introducing Economics SL 1:3 - Assessment and Tools Unit 2: Competitive Markets 2:1 - Economics Core Concepts 2:2 - Scarcity and Economic Problems 2:3 - M2018 ECONOMICS SL conference - Welcome and Introductions 3:1 - What is the Cost? 3:2 - Shipwrecked 3:3 - Student Study Guide Wiki: Scarcity 4:1 - Weekly Reading: Demand 4:2 - Research on Local Markets 1 4:3 - Economics in the News 4:4 - Student Study Guide Wiki: Demand 5:1 - Weekly Reading: Supply 5:2 - Research on Local Markets 2 5:3 - Economics in the News 5:4 - Student Study Guide Wiki: Supply 5:5 - Examination Strategies 6:1 - Reading: Market Equilibrium 6:2 - Interaction of Supply and Demand, Market Equilibrium 6:3 - Research on Local Markets 3 6:4 - Student Study Guide Wiki: Supply, Demand and Equilibrium 6:5 - Competitive Markets Test Unit 3: Elasticity 6:1 - M2018 ECONOMICS SL conference - Catch up and progress chat 7:1 - Weekly Reading: Price Elasticity of Demand 7:2 - PED and Total Revenue 7:3 - Voicing Your Elasticity 7:4 - Student Study Guide Wiki: Elasticity 8:1 - Weekly Reading: Other Elasticities of Demand 8:2 - Economics in the News: Elasticity 8:3 - Worksheet on XED and YED 8:4 - Voicing Your Elasticity 8:5 - M2018 ECONOMICS SL conference - Catch up and check in! 8:6 - Term Report (Self Reflection) 9:1 - Weekly Reading: Price Elasticity of Supply 1

9:2 - Economics in the News: The Journal 9:3 - Voicing Your Elasticity 9:4 - Student Study Guide Wiki: Elasticity Unit Recap 9:5 - Elasticity Unit Test Unit 4: Government Intervention 10:1 - Weekly Reading: Government Subsidies and Taxes 10:2 - Taxation Assignment 10:3 - Cartooning 10:4 - Student Study Guide Wiki: Government Intervention 10:5 - Assessment Techniques 11:1 - Weekly Reading: Price Controls 11:2 - Economics in the News: Tax, Subsidies and Price Controls 11:3 - Price Controls Worksheet 11:4 - Student Study Guide Wiki: Government Intervention 12:1 - Understanding Demands 12:2 - Microeconomics Review 12:3 - Semester Exam 12:4 - M2018 ECONOMICS SL conference - Catch-up and chat about upcoming exam Unit 5: Market Failure 13:1 - Weekly Reading: Market Failure 13:2 - Economics in the News: Externalities of Production 13:3 - Externalities of Production 13:4 - Student Study Guide Wiki: Market Failure 13:5 - Be the Reporter: Market Failure at a Glance 14:1 - Weekly Reading: Causes of Market Failure & Government Responses 14:2 - Economics in the News: Externalities of Consumption 14:3 - Externalities of Consumption Worksheet 14:4 - Student Study Guide Wiki: Public Goods 14:5 - Be the Reporter: Market Failure at a Glance 15:1 - Weekly Reading: The Tragedy of the Commons 15:2 - Economics in the News: Sustainability 15:3 - Common Access Resources Worksheet 15:4 - Be the Reporter: Market Failure at a Glance 15:5 - Student Study Guide Wiki: Sustainability 15:6 - M2018 ECONOMICS SL conference - Catch-up! 15:7 - Term 2 Teacher Written Report 16:1 - Weekly Reading: Government Intervention 16:2 - Economics in the News: The Journal Part 16:3 - Saving the Dolphins 16:4 - Be the Reporter: Market Failure at a Glance 16:5 - Market Failure: Unit Test Unit 6: Introduction to Internal Assessment 2

Discussion Forum Unit 7: The National Economy 18:1 - Weekly Reading: The Circular Flow of Income 18:2 - Economics in the News: Macroeconomic Activity 18:3 - The Doctor is In 18:4 - Student Study Guide Wiki: Circular Flow of Income-2 19:1 - Weekly Reading: The Business Cycle 19:2 - Your Nation's GDP 19:3 - IA Commentary: First Draft 19:4 - Student Study Guide Wiki: The Business Cycle 19:5 - M2018 ECONOMICS SL conference: IA Commentary Questions 20:1 - Weekly Reading: Aggregate Demand 20:2 - Economics in the News: Aggregate Demand 20:3 - Aggregate Demand Practice 20:4 - Student Study Guide Wiki: Aggregate Demand 21:1 - Weekly Reading: Aggregate Supply 21:2 - The AD/AS Model Worksheet 21:3 - Economics in the News: The Journal Part-5 21:4 - Student Study Guide Wiki: Aggregate Supply 22:1 - Weekly Reading: Macroeconomic Equilibrium 22:2 - What are Your Indicators? 22:3 - Student Study Guide Wiki: Macro Equilibrium 22:4 - Final Submission of IA Commentary 22:5 - The National Economy Unit Test Unit 8: Macroeconomic Objectives 23:1 - Weekly Reading: Macro Objective - Employment 23:2 - Economics in the News: Types of Unemployment 23:3 - Help Wanted 23:4 - Student Study Guide Wiki: Employment 24:1 - Weekly Reading: Inflation 24:2 - Economics in the News: Inflation 24:3 - Wages 24:4 - Student Study Guide Wiki: Inflation 25:1 - Weekly Reading: Economic Growth 25:2 - Economics in the News: Economic Growth 25:3 - Investigating Growth 25:4 - Life is Better! It Isn't! 25:5 - Student Study Guide Wiki: Economic Well-being 25:6 - M2018 ECONOMICS SL conference - Catch-up and Q&A #1 25:7 - M2018 ECONOMICS SL conference - Catch-up and Q&A #2 25:8 - Term Report (Self Reflection) 26:1 - Weekly Reading: Income Inequality 26:2 - Economics in the News: The Journal Part-3 26:3 - Student Study Guide Wiki: Tax Rates Around the World 3

26:4 - Unit Test: Macro Objectives 26:5 - M2018 ECONOMICS SL conference - Let's chat again! Unit 9: Government Budget 27:1 - Weekly Reading: Fiscal Policy 27:2 - Economics in the News: Fiscal Policy 27:3 - How Does a Government Spend Taxpayers' Money? 27:4 - Student Study Guide Wiki: Government Spending 28:1 - Weekly Reading: Monetary Policy 28:2 - Economics in the News: Monetary Policy 28:3 - Monetary Policy Worksheet 28:4 - Student Study Guide Wiki: Inflation-2 28:5 - M2018 ECONOMICS SL Y1 conference - Questions questions questions 29:1 - Understanding Demands-3 29:2 - Microeconomics Revision 29:3 - Practice for the Exam 29:4 - M2018 ECONOMICS SL conference - Questions before final exam! 30:1 - Macroeconomics Revision 30:2 - How to Put Analysis and Evaluation into Words in Macroeconomics 30:3 - End of Year One Exam Unit 10: Monetary and supply-side Policies 31:1 - Weekly Reading: The IA2 Commentary 31:2 - The Search for IA Commentary Extracts-3 32:1 - Weekly Reading Activity: Supply-side Policy 32:2 - Economics in the News: Supply-side Policies 32:3 - IA Commentary #2 Draft 32:4 - Student Study Guide Wiki: Supply-side Policies 33:1 - Weekly Reading: Supply-side Policies (Continued) 33:2 - Economics in the News: The Journal Part-4 33:3 - IA Commentary #2 Teacher Feedback 33:4 - Term 4 Teacher Written Report Year 2 Unit 1: Year Once Revisited 34:1 - Microeconomics - Year One Review 1 34:2 - Macroeconomics - Year One Review 2 35:1 - Economics and the News 35:2 - Macroeconomics and Gross Domestic Product (GDP) 35:3 - Final Submission of IA Commentary 38:1 - Week 38 Live Lesson M2017 ECONOMICS SL conference - tariffs and protectionism Unit 2: Free Trade and the WTO 4

36:1 - Reading: Economic Gains from Trade 36:2 - Reasons for Trade 36:3 - Article and Response 36:4 - Week 36 Live Lesson (M2017 ECONOMICS SL) 1300 GMT 37:1 - Economics in the News: Article Search 37:2 - The World Trade Organisation 37:3 - The World Trade Organisation and International Trade and 37:4 - The Different Views of the World Trade Organisation 40:1 - Week 40 Live Lesson Oct 24th @ 1300 GMT Unit 3: Free Trade Vs. Protectionism 38:1 - Weekly Reading: Types of Protectionism 38:2 - Protectionism: The Arguments 38:3 - Student Study Guide Wiki: Administrative Obstacles 39:1 - Weekly Reading: Tariffs and Quotas 39:2 - Unit Test: Barriers to Trade Unit 4: Exchange Rates 40:1 - Weekly Reading: How Exchange Rates are Determined 40:2 - Calculating and Evaluating Exchange Rates 40:3 - Economics in the News Class Bookmarking: Foreign Exchange 41:1 - Weekly Reading: How Exchange Rates are Managed 41:2 - Limitations of Fixing Exchange Rates 41:3 - Student Study Guide Wiki: Exchange Rates 41:4 - Term Report (Self Reflection) 42:1 - Weekly Reading: Consequences of Exchange Rates 42:2 - Economics in the News 42:3 - Comparison of Exchange Rate Systems Unit 5: Balance of Payments 43:1 - Weekly Reading: Components of Balance of Payments 43:2 - Economics in the News: Balance of Payments 43:3 - Student Study Guide Wiki: Balance of Payments 44:1 - Weekly Reading: Consequences on the Balance of Payments 44:2 - Consequences of Balance of Payments 44:3 - Student Study Guide Wiki: The Current Account 45:1 - Weekly Reading: Levels of Integration 45:2 - Commentary III: Get Started 45:3 - Economics in the News: The Journal Part 45:4 - Student Study Guide Wiki: Economic Integration Unit 6: Commentary III 46:1 - Finish Commentary III 5

46:2 - The Demands of Examination Questions 47:1 - Weekly Reading: Overview of Section III 47:2 - Revision of Section III Unit 7: Nature of Economic 48:1 - Weekly Reading: Growth vs. 48:2 - Commonality and Diversity of Less Developed Countries (LDCs) 48:3 - Economics in the News: The Millennium Goals 48:4 - Student Study Guide Wiki: Goals 48:5 - Term 6 Teacher Written Report 49:1 - Weekly Reading: Measuring 49:2 - Student Study Guide: Human Index 49:3 - Economics in the News: Measuring 49:4 - Final Draft of the 3rd Commentary 49:5 - Economics in the News: The Journal Part 50:1 - Trial Examination: Paper One 50:2 - Trial Examination: Paper Two Unit 8: Barriers to Economic 51:1 - Weekly Reading: Role of Domestic Factors (Part 1) 51:2 - Models Revisited 51:3 - Economics in the News: The Poverty Cycle 51:4 - Student Study Guide: The Poverty Cycle 52:1 - Weekly Reading: Role of Domestic Factors (Part 2) 52:2 - Taxes and Microcredit 52:3 - Economics in the News: Domestic Factors 52:4 - IA Portfolio 52:5 - Live Lesson week 52 M2017 Economics SL with Mr. Penn 53:1 - Weekly Reading: Role of International Trade (Part 1) 53:2 - Other Trade Issues for LDCs 53:3 - Economics in the News: Trade Barriers for LDCs 54:1 - Weekly Reading: Role of International Trade (Part 2) 54:2 - Student Study Guide Wiki: Trade Liberalisation 54:3 - Economics in the News: The Journal Part-5 54:4 - Unit Test: Barriers to Economic Growth Unit 9: Foreign Aid and Economic 55:1 - Weekly Reading: The Role of Foreign Direct Investment (FDI) 55:2 - The Meaning of FDIs and MNCs 55:3 - Economics in the News: Advantages and Disadvantages of Foreign Direct Investment 55:4 - Student Study Guide Wiki: The Role of FDI in a Developing Nation 6

56:1 - Weekly Reading: Understanding the Role of Foreign Aid 56:2 - Official Aid (ODA) vs. Non-governmental Organisations (NGOs) 56:3 - Economics in the News: Evaluating Foreign Aid 56:4 - Student Study Guide Wiki: The Role of Foreign Aid in Developing Nations 56:5 - Live Lesson week 56 with Mr. Penn: MNC FDI in LDCs 57:1 - Weekly Reading: Understanding the Role of Indebtedness 57:2 - Debt Forgiveness 57:3 - Economics in the News: Evaluating Debt Forgiveness 57:4 - Student Study Guide Wiki: The Role of Debt Forgiveness for Developing Nations 58:1 - Weekly Reading: The Balance of Government Intervention and Markets 58:2 - Strengths and Weaknesses of Supply-side Policies 58:3 - Economics in the News: The Journal Part 58:4 - Unit Test: Aid, Debt & Economic 58:5 - Term 7 Teacher Written Report Unit 10: Final Exams 59:1 - Introduction to Revision Teams and Activities 59:2 - Hosted Discussion 59:3 - Practice Extended Response Questions 60:1 - Hosted Discussion-3 60:2 - Practice Macroeconomics Extended-Response Questions 60:3 - Live Lesson week 60 with Mr. Penn - exam prep 61:1 - Hosted Discussion-4 61:2 - Practice Paper Two Questions 61:3 - Practice Data Response Questions 62:1 - Hosted Discussion-5 62:2 - Practice Economics Data Response Questions 7