Holdet 2024 ec HL/i - Undervisningsbeskrivelse

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Undervisningsbeskrivelse

Stamoplysninger til brug ved prøver til gymnasiale uddannelser
Termin(er) 2024/25 - 2025/26
Institution Kolding Gymnasium
Fag og niveau Erhvervsøkonomi -
Lærer(e) Morten Kjems
Hold 2024 ec HL/i (2i ec HL, DP2 ec HL)

Oversigt over gennemførte undervisningsforløb
Titel 1 Introduction and micro economics
Titel 2 Global economy
Titel 3 Forløb#2

Beskrivelse af de enkelte undervisningsforløb (1 skema for hvert forløb)
Titel 1 Introduction and micro economics

Remember to read SL course as well because the sessions together with SL is not included in the HL course despription.
1. Competitive Markets: Demand and Supply
This is the foundation of the unit, focusing on how price is determined by the interaction of buyers and sellers. It covers the laws of demand and supply, market equilibrium, and how changes in determinants (like income or costs) cause shifts in the curves.
2. Elasticities
A critical part of the IB syllabus that measures responsiveness:
PED (Price): How quantity demanded reacts to price changes.
YED (Income): How demand changes with consumer income (Normal vs. Inferior goods).
XED (Cross-price): Relationships between substitutes and complements.
PES (Supply): How producers react to price changes.
3. Role of Government
This section examines why and how governments intervene in markets using:
Price controls: Maximum and minimum prices.
Indirect taxes and subsidies: To influence production or consumption.
4. Market Failure (The "Real World Issue")
The syllabus places heavy emphasis on why markets sometimes fail to achieve allocative efficiency. Key topics include:
Externalities: Negative (pollution) and positive (vaccinations) spillover effects.
Common Pool Resources: Challenges to sustainability.
Public Goods: Goods the private sector won't provide.
5. Rationality and Behavior
A newer addition to the 2020 syllabus is Behavioral Economics. It challenges the traditional assumption that consumers are perfectly rational, introducing concepts like nudges, biases, and bounded rationality.
6. HL Only: Market Structures
Higher Level (HL) students go deeper into the theory of the firm, analyzing different market types:
Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly.
Market Power: How firms set prices and the consequences of limited competition.
The entire unit is framed by nine key concepts (e.g., Scarcity, Choice, Intervention, and Equity) to ensure you aren't just learning graphs, but understanding the broader implications of economic decisions.
Indhold
Kernestof:
Omfang Estimeret: 30,00 moduler
Dækker over: 17 moduler
Særlige fokuspunkter
Væsentligste arbejdsformer

Titel 2 Global economy

Key Thematic Areas:
Benefits of Trade: Why nations trade, focusing on Absolute and Comparative Advantage and the gains in efficiency and consumer choice.
Trade Protectionism: Examining why governments restrict trade using tariffs, quotas, and subsidies, and evaluating the impact on domestic and foreign stakeholders.
Exchange Rates: How currencies are valued in fixed, managed, and floating systems, and how these fluctuations affect a country's net exports and inflation.
The Balance of Payments: Analyzing the Current Account (trade in goods/services) and how persistent deficits or surpluses affect national stability.
Economic Integration: The role of trading blocs (like the EU or USMCA) and the World Trade Organization (WTO) in promoting or hindering global trade.
Economic Development: A deep dive into the difference between growth (money) and development (quality of life). It covers:
Measuring well-being via the Human Development Index (HDI).
Barriers to growth (poverty traps, poor infrastructure).
Strategies for development (foreign aid, microfinance, and trade vs. aid).
Key Concepts:
There is a heavy emphasis on Interdependence—how a crisis in one country ripples across the globe—and Equity, examining the widening gap between developed and developing nations.
Indhold
Kernestof:
Omfang Estimeret: 20,00 moduler
Dækker over: 9 moduler
Særlige fokuspunkter
Væsentligste arbejdsformer

Titel 3 Forløb#2

Indhold
Omfang Estimeret: Ikke angivet
Dækker over: 0 moduler
Særlige fokuspunkter
Væsentligste arbejdsformer