Unit 1
Introduction to Economics — scarcity, choice, opportunity cost, PPC.
Unit 2
Microeconomics — demand & supply, elasticity, market failure, government intervention.
Unit 3
Macroeconomics — GDP, inflation, unemployment, fiscal & monetary policy, AD/AS.
Unit 4
Global Economy — trade, exchange rates, development economics.
HL extension
Paper 3 quantitative — calculations, welfare effects, multipliers.