Economics Articles

Explore IB Economics articles by unit, concept, diagram, and exam focus.

What Is the Average IB Score? 2026 Statistics

The average IB score in May 2026 was 30.8 points. See the latest official IB score distribution, pass rate, historical averages, and how scores of 30, 35 and 40 compare.

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Introduction to Economics

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Introduction to Economics

Scarcity, Choice and Opportunity Cost in IB Economics

A clear introduction to scarcity, choice, opportunity cost and the core foundations of IB Economics.

May 7, 2026

8 min read

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Microeconomics

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Microeconomics

Microeconomics in IB Economics: Individuals, Firms, Markets and Government Intervention

A clear overview of IB Microeconomics, covering demand, supply, market equilibrium, elasticity, government intervention and market failure.

Price Elasticity of Demand: How Responsive Consumers Are to Price Changes

A clear IB Economics explanation of price elasticity of demand, including elastic and inelastic demand, determinants of PED and total revenue effects.

Price Elasticity of Supply: How Responsive Producers Are to Price Changes

A clear IB Economics explanation of price elasticity of supply, including elastic and inelastic supply, determinants of PES and why producer responsiveness matters.

May 7, 2026

7 min read

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Macroeconomics

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Macroeconomics

Macroeconomics in IB Economics: GDP, Inflation, Unemployment, Growth and Policy

A clear overview of IB Macroeconomics, covering GDP, inflation, unemployment, economic growth, inequality and demand-side and supply-side policies.

Inflation in IB Economics: Causes, Effects and Why Rising Prices Matter

A clear IB Economics explanation of inflation, including how it is measured, demand-pull inflation, cost-push inflation, effects and policy responses.

May 7, 2026

8 min read

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Global Economics

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Global Economics

Global Economics in IB Economics: Trade, Exchange Rates, Development and International Connections

A clear overview of IB Global Economics, covering trade, protectionism, exchange rates, balance of payments, development and international interdependence.

Growth vs Development in IB Economics: What Is the Difference?

An IB Economics-friendly explanation of the difference between economic growth and economic development, including why growth does not always mean better welfare and why development is broader than GDP alone.

Apr 5, 2026

7 min read

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Study Resources

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Study Resources

How to Retake IB Exams: A Guide to IB Economics Retakes

Thinking about retaking an IB exam? Learn how IB retakes work, whether you can retake IB Economics, how to find a school, what it costs, and how to prepare for a better result.

Where to Find Real-World Examples for IB Economics

Looking for real-world examples for IB Economics? Learn what counts as a good example, where to find case studies for each unit, what to remember, and how to use them in Paper 1 and Paper 2.

How to Get a 7 in IB Economics: What Actually Gets You Marks

Want to get a 7 in IB Economics? Learn what actually earns marks in SL and HL, from your IA and diagrams to evaluation, real-world examples, calculations and exam technique.

Oct 5, 2026

9 min read

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IB Statistics

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IB Economics Statistics

What Is the Average IB Score? 2026 Statistics

The average IB score in May 2026 was 30.8 points. See the latest official IB score distribution, pass rate, historical averages, and how scores of 30, 35 and 40 compare.

Oct 6, 2026

6 min read

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IB Economics Statistics

IB Pass Rate: What Percentage of Students Pass the IB In 2026?

The IB Diploma pass rate was 82.6% in May 2026. See how the pass rate has changed, what it takes to receive the Diploma, and why 24 points does not always guarantee a pass.

Oct 6, 2026

7 min read

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IB Economics Statistics

How Many Students Take the IB? November 2023 Numbers at a Glance

Wondering how big the International Baccalaureate really is? New data from the November 2023 Statistical Bulletin shows 20,266 students registered worldwide—here’s the breakdown, the trend, and why the May session makes the total IB cohort far larger.

Jul 17, 2025

4 min read

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