Economics β€” IB DP Topical Revision Checklist 2026

Free topical revision checklist for IB DP Economics SL & HL, including the IA requirements. Track confidence (1–5) and review dates. Built for 2026 exam expectations. Rate your confidence (1–5), track review dates, then export as CSV or print.

Open Learning Portal β†’
TopicSub-topicResourcesConfidence (1–5)Last reviewedNext review
1. Introductory economics & key conceptsThe basic economic problem: scarcity and choiceTopic resources
1. Introductory economics & key conceptsOpportunity cost and trade-offs; production possibility curves (PPC)Topic resources
1. Introductory economics & key conceptsSpecialisation and division of labourTopic resources
1. Introductory economics & key conceptsDemand: determinants; movements vs shiftsTopic resources
1. Introductory economics & key conceptsSupply: determinants; movements vs shiftsTopic resources
1. Introductory economics & key conceptsMarket equilibrium; disequilibrium; rationing functions of priceTopic resources
1. Introductory economics & key conceptsElasticities: PED, PES, YED, XED (definitions, determinants, calculations)Topic resources
1. Introductory economics & key conceptsElasticity applications: revenue, tax incidence, subsidiesTopic resources
1. Introductory economics & key conceptsWelfare analysis: consumer/producer surplus; deadweight lossTopic resources
1. Introductory economics & key conceptsMarket failure: externalities, public goods, common access, information failureTopic resources
1. Introductory economics & key conceptsGovernment intervention: taxes, subsidies, regulations, permits, nudges; evaluationTopic resources
2. Microeconomics (firms & markets)Production: short run vs long run; law of diminishing returnsTopic resources
2. Microeconomics (firms & markets)Costs: fixed/variable/total; average and marginal measuresTopic resources
2. Microeconomics (firms & markets)Revenue: TR, AR, MR; profit (normal vs supernormal)Topic resources
2. Microeconomics (firms & markets)Market structures: perfect competition, monopolistic competition, oligopoly, monopolyTopic resources
2. Microeconomics (firms & markets)Pricing strategies (collusion, price discrimination β€” HL emphasis)Topic resources
2. Microeconomics (firms & markets)Efficiency: allocative, productive, dynamic; X-inefficiencyTopic resources
2. Microeconomics (firms & markets)Market power and regulation; competition policyTopic resources
2. Microeconomics (firms & markets)Labour markets: wage determination; minimum wages; unions (as taught)Topic resources
2. Microeconomics (firms & markets)Income inequality: causes, measurement, policies (as taught)Topic resources
3. MacroeconomicsMacroeconomic objectives: growth, inflation, unemployment, equity, environmentTopic resources
3. MacroeconomicsMeasuring activity: GDP/GNI; real vs nominal; business cycleTopic resources
3. MacroeconomicsAggregate demand (AD) components; shifts and multipliersTopic resources
3. MacroeconomicsAggregate supply (SRAS/LRAS) and determinantsTopic resources
3. MacroeconomicsInflation: demand-pull vs cost-push; consequences; policy responsesTopic resources
3. MacroeconomicsUnemployment: types; consequences; policy responsesTopic resources
3. MacroeconomicsEconomic growth: determinants, benefits/costs; sustainabilityTopic resources
3. MacroeconomicsFiscal policy: budget balance, taxation/spending; strengths/limitationsTopic resources
3. MacroeconomicsMonetary policy: interest rates, money supply; strengths/limitationsTopic resources
3. MacroeconomicsSupply-side policies: market-based vs interventionist; evaluationTopic resources
3. MacroeconomicsPolicy evaluation: time lags, trade-offs, stakeholders, unintended consequencesTopic resources
4. Global economicsBenefits of trade; comparative advantage (theory + limitations)Topic resources
4. Global economicsTrade protection: tariffs, quotas, subsidies, admin barriers; arguments for/againstTopic resources
4. Global economicsExchange rates: floating vs fixed; determinants; consequences of appreciation/depreciationTopic resources
4. Global economicsBalance of payments: current/capital/financial accounts; current account deficitsTopic resources
4. Global economicsTerms of trade and commodity dependence (as taught)Topic resources
4. Global economicsEconomic integration: FTAs, customs unions, common markets; evaluationTopic resources
4. Global economicsDevelopment: indicators, barriers to growth, poverty cyclesTopic resources
4. Global economicsDevelopment strategies: aid, trade, microfinance, debt relief; evaluationTopic resources
4. Global economicsGlobalisation: causes, impacts, winners/losers; links to sustainability/SDGsTopic resources
5. Internal Assessment (IA) checklistMicroeconomics commentary (real-world article + diagrams + evaluation)Topic resources
5. Internal Assessment (IA) checklistMacroeconomics commentary (policy, data + evaluation)Topic resources
5. Internal Assessment (IA) checklistGlobal economics commentary (trade/development + evaluation)Topic resources
5. Internal Assessment (IA) checklistDiagram accuracy, terminology, and coherent evaluation structureTopic resources
5. Internal Assessment (IA) checklistEvidence: data sources, relevance, citations and academic honestyTopic resources

Tip: Pair this checklist with past paper practice and spaced repetition. Always confirm exact assessment components (SL/HL, options) with your school’s IB DP route for the 2026 exam session.

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