Holdet DP2 ec HL (2025/26) - Undervisningsbeskrivelse - Lectio

Holdet DP2 ec HL (2025/26) - Undervisningsbeskrivelse

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: Economic Man vs Humanity: a Puppet Rap Battle A Brief History of Nudge ㅡ Learn the power of nudge to win at behavioral change Nudging: Just a simple trick can nudge you to eat healthier Nudge: Increasing Traffic Safety with Duct Tape Kyle Chayka -”Filterworld” & Experiencing the World Through Algorithms \| The Daily Show Demand- nudge - rationality.docx description Economics 2020 Edition, Ian Dorton and Jocelyn Blink; sider: 53-63, 87-90, 161-167, 169-173, 178-184, 188-189, 191-209 Nudge etc. Diminishing Returns and the Production Function- Micro Topic 3.1 Economics - The Law of Diminishing Returns - The Home Professor Law of supply.docx description Short-Run Costs (Part 1)- Micro Topic 3.2 Short-Run Cost Curves (Part 2)- Micro Topic 3.2 Short-Run Cost Curves (Part 3)- Micro Topic 3.2 Page 161 cost curves.pdf description Y2 7) Revenue - MR, AR & TR Price Elasticity of Demand (PED) and Total Revenue Cost and revenue. We finish Exercise 10.2. And look at profit and firms maximize it. ex 10.2 solution.pdf description Market power 174 ff.docx description We work with the pages 174-179 on class. Perfect Competition- Microeconomics 3.7 Micro: Unit 3.7 -- Graphing Perfectly Competitive Firms Micro: Unit 3.8 -- Perfectly Competitive Firms in the Long Run Allocative Efficiency in Perfect Competition - Nick Webster Perfect competition - Allocative and productive efficiency. Pizzarias in Kolding. We continue working with our pizza inquiry and do the presentation of your findings in the latter part of the lesson. Monopolies and Anti-Competitive Markets: Crash Course Economics #25 Monopoly The Costs and Benefits of Monopoly Monopoly and efficiency. The Prisoner's Dilemma Game Theory Intro The Prisoner's Dilemma as a Model for Oligopoly Behavior - Jason Welker Monopoly vs. Oligopoly vs. Competition: Monopolies and Oligopolies Defined, Explained and Compared Oligopoly How to compete in an oligopoly Finish the assignments on page 78 and 79 in the paper handed out last last lesson. We keep working with the exercises. We finish the assignments that we have been working with exercise 31-39
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: Comparative Advantage Comparative Advantage Practice Comparative Advantage Explained Economics 2020 Edition, Ian Dorton and Jocelyn Blink; sider: 357-361, 417-419 Comparative advantage Free trade and protectionism assignment on page 379, we work with it on class. IA article finding. Balance of Payments - J Curve and Marshall Lerner I A Level and IB Economics Balance of Payments - Supply-Side Policies I A Level and IB Economics Supply Side Indicators for the UK Economy \| A Level Economics Update Marshall-Lerner condition and J-curve. IA Feed-back IA Prepare developing country presentation and IA.
Omfang	Estimeret: 20,00 moduler Dækker over: 9 moduler
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Væsentligste arbejdsformer

Titel 3	Forløb#2
Indhold
Omfang	Estimeret: Ikke angivet Dækker over: 0 moduler
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