The ECB to end quantitative easing

Hi,

Economics reading is probably the first thing in your summer plans, but here's a great real-life example of monetary policy: ECB to end quantitative easing. They should have done it a week earlier!

Have a great summer!

Juris Bariss

G11 Supply Side Policies

Dear all,

This is the Supply Side Policies presentation, the last one on your macroeconomics course!
It was fun and a pleasure the be your teacher, have a great summer and the best of luck in your future endeavours (and Economics classes in your grade 12)!

The documentary we were watching: Inside Job.

Sincerely,
Juris Bariss

G11 An Interesting Look at Wage (no) Growth

Please see the article in the Economist or the the printed version.

G11 Money Supply Class Presentation

Hi,

Please see the Money Supply class presentation here.

For better understanding, please do the exercises we skipped in the class. The answer key is included.

Juris Bariss

G11 Money Class Presentation

Find it here: Money

G11 Review Materials

Hi,

In addition to the class materials, check out these concise review books Revision and Revision 2, and this Practice book.

For practice, I recommend these: Paper 1, Paper 2 and Paper 3.

Juris Bariss

G11 Class Materials: Fiscal Policy

Please find the class presentations here:
Classical vs. Keynesian
Multiplier
Problems with Fiscal Policy
Keynes vs. Hayek rap battles not included!

G11 Exam Practice Questions

Hi,

More information and some review material for your mock exam.
The exam will take place on May 18, in the afternoon and contain three sections:
1) Paper 1 (as in the final exam)
2) Short commentary (as in Internal Assessment)
3) HL task (calculations)

Additional practice questions here. Please review this and other materials.
We'll do class review on the week of the exam (two days of classes + individual sessions if you arranged them), prepare your questions/topics you'd like to work on.

Sincerely,

Juris Bariss

What's Wrong With The Capitalism

Some interesting reading here: Open Markets, covering most important and controversial issues of our economic future.

G11 Inflation Quiz Materials

Inflation quiz article and questions.

There was a question whether the format and questions of the quiz correspond to the IBDP economics curriculum.
Yes, they do: the quiz and questions come directly from supplement materials to our class textbook (Welker's IBDP Economics book).

Juris Bariss

G11 IA class materials

Hi,
Here is the blog I used in the class: Blog about IA. As mentioned the course book has a good chapter on IA, the blogs linked in the IA section of this blog are useful, too.
Juris Bariss

G12 Oligopoly class material

Class presentation here.
Some examples of real-life collusion - and fines - here.

Come see me next week if you need help with economics (or anything else I can help with).

Thanks for a fun month-and-a-half and good luck at the exams!

Juris Bariss

G11 Class Materials Economic Growth

Economic Growth class presentation here

G12: Forex, Intl trade and more

An interesting article on Currency Exchange, Inflation and international politics affecting them both
Iran sets single foreign exchange rate

AP Review Materials, useful for IBDP

Hi,

These free materials are prepared for AP course, but I like their clarity and accessibility and there is a significant overlap with IBDP. You can check out the videos here ACDC Econ.

Summary videos:

For Macro:

Overview of Macro
Macro Review
Key Graphs of Macroeconomics

Unit 1 Summary: Basic Concept and Demand/Supply
Unit 2 Summary: Measuring the Economy
Unit 3 Summary: Aggregate Demand/Supply and Fiscal Policy
Unit 4, Money, Banking and Monetary Policy and Unit 5, International Trade and Foreign Exchange are available for $$$

For Micro:

Some of the videos of particular usefulness:
Overview of Micro
Micro Review

Unit 1 Summary: Basic Economic Concepts
Unit 2 Summary: Supply, Demand, and Consumer Choice
Unit 3 Summary: Costs and Perfect Competition
Unit 4, Imperfect Competition and Unit 5, The Resource Market are available for $$$.

Juris Bariss

G11 Inflation Review

Class materials for Inflation chapter:
Inflation
Philips Curve

G12 Monopolies

Presentation material used in the Monopoly class: Monopoly.
We have not finished with the material yet, tbc in the next class.

G12 Preparing for the Exam

Hi,

Please find some review materials here.

Commentary on the mock exam Mock exam review notes here. This is a summary, and covers all three papers for both HL and SL. Use it in conjunction with your exam - read the notes that would be relevant to you. Remember - you can learn a lot from your mistakes!

Review material here:
IB in a Nutshell
IB Review Book

Specimen (sample) papers here (sample papers in the second part of the document):
Specimen Papers

Paper 3 practice (for HL):
Exam 3 Practice

Please find some time to study during the holidays. Read the Mock Exam Review Notes to identify the areas for improvement; chances are your strengths and weaknesses would be common for all three papers. Focus on conceptual issues (e.g. where you did not interpret the question or command term correctly, didn't label the chart) rather than technical errors.

And of course, relax and refresh to be ready for the final dash of your school year!

Juris Bariss

G12 Quiz questions and Presentation

Hi,

Here is the quiz from today's class: Quiz and the presentation Long Run Profit Maximisation and Efficiency

For the next class, please start reading about the big bad monopolies, chapters 9.1 - 9.5.

See you on Tuesday!

Juris Bariss

G12 Long Run Profit Ctd

Hi,

Presentation from today's class here: Long Run Profitability and Efficiency.

In the next class, we will finish covering Chapter 8 (remaining: Efficiency, chapter 8.6).

There will be a quiz at the end of the class, covering chapters 7 and 8, please review them over the weekend.

Juris Bariss