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Tag Archives: MIcroeconomics
G11 – Linear equations and subsidies
In the last few lessons we’ve been looking at linear functions and the impact of subsidies. I set you this question in class and asked you to complete it for homework. Here is the answer. Have a look through and … Continue reading
Posted in 1. Microeconomics, Economics
Tagged Adam Seldis, HL, IB Economics, linear functions, MIcroeconomics
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Perfect card market
Posted in 1. Microeconomics, Economics
Tagged Adam Seldis, Cards, Economics, Economics DP, equilibrium, fun, games, IB Economics, MIcroeconomics
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When it comes to wages, sometimes more is really less…
In the UK the financial year ends at the start of April and for many companies now is the time of year that they award pay rises to their hard-working and loyal employees. Data shows that the average salary in … Continue reading
Posted in 2. Macroeconomics, Economics
Tagged Adam Seldis, IB Economics, labor, labour, MIcroeconomics, wages
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A Golden Lesson in Economics
Earlier today an ounce of gold – the amount in the picture – reached $1,500. This is the highest level in recorded history. The rise has taken some by surprise. But should it and what can we learn from the … Continue reading
Posted in 1. Microeconomics, Economics
Tagged Adam Seldis, Gold, IB Economics, MIcroeconomics
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