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IB MYP Grade 10: Individuals & Societies - Economics
Explore and master the fundamentals of IB MYP Grade 10: Individuals & Societies - Economics
You've not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.Chapter 1
Introduction to Economics
Economics centers on how individuals and societies allocate their limited resources to meet infinite needs. The core challenges are scarcity, leading to the notion of opportunity cost, which emphasizes that every decision has a trade-off. Economies must address three pivotal questions: what to produce, how to produce, and for whom to produce. These inquiries are approached through various economic systems—market, planned, and mixed—while factors of production are critical to creating goods and services. Additionally, governments actively participate in managing economies and addressing issues created by globalization.
Chapter 2
Microeconomics
Chapter 3
Macroeconomics
Chapter 4
International Economics
Chapter 5
Development Economics
Chapter 6