Interactive IB Economics · For teachers and students
Teach and learn IB Economics through interactive diagrams
Explore microeconomics, macroeconomics and the global economy. Move curves, learn to draw diagrams and practise IB-style questions with feedback that helps you explain the economics.
An indirect tax creates a wedge between the price consumers pay and the price producers receive.
From a diagram to an explanation
Read the economic idea, identify what changes and connect each step to the result. Try questions, check the feedback and revisit the reasoning when you get stuck.
Why does choosing one option mean giving up another? Use production possibility curve (PPC) diagrams to explain scarcity and opportunity cost, then follow income, spending, injections and leakages through the circular flow model.
Explore IB microeconomics diagrams for demand and supply, price elasticity, taxes and subsidies, market failure and market power. Move a curve, explain why price and quantity change, and distinguish transfers of surplus from deadweight loss. Market power models are marked HL only.
Use IB macroeconomics diagrams to connect aggregate demand and aggregate supply to inflation, unemployment and economic growth. Compare classical and Keynesian models, trace automatic adjustment and explain how fiscal and monetary policy may affect the economy.
Study international trade, protectionism, exchange rates and economic development through IB Economics diagrams. Compare the effects of tariffs, quotas and subsidies, then explore currency changes, the J-curve and the Marshall–Lerner condition. Check each lesson for its SL or HL scope.
Make your revision count
How do I turn a diagram into an explanation?
Name the initial change, explain what happens to the relevant curve and follow the effect through to the outcome. Use the labels on your diagram as evidence. Cause & effect practice helps you build those links; the Explain command-term guide shows what a connected answer needs.
Where can I practise IB Economics exam questions?
The IB-style question bank groups original practice by unit, command term and paper. Paper 3 practice is HL only. Use the feedback to find gaps in your reasoning, not as a substitute for teacher marking. These are independently authored questions, not official IB past papers.
Can I learn to draw the diagrams myself?
Yes. Learn to draw starts with demand shifts, and the indirect-tax drawing lesson covers the tax wedge, revenue and deadweight loss. Build a labelled diagram step by step, then try drawing it on paper without prompts. Teachers can use the same models in class and set practice and review classwork.