IB Economics SL

Sixth year / 12th Grade

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IB Economics SL Notes – Introduction to Economics (Topic 1)
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november 2025

2023/2024
Take the stress out of IB Economics with this complete handwritten summary for Topic 1: Introduction to Economics. Perfect for quick revision, class prep, or last-minute exam refreshers — clear, concise, and easy to follow. What’s Included (Topic 1 – Introduction to Economics): Scarcity & the basic economic problem Types of goods (private, public, merit, demerit, etc.) Factors of production (land, labour, capital, entrepreneurship) Economies in transition timeline PPC/P...
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