Economic Theories and History

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Economic Theories and History: A Learning Resource for the IB Economics Curriculum

Economic Theories and History is an indispensable teaching tool specifically tailored for the International Baccalaureate (IB) Economics curriculum. This comprehensive comes with particular relevance to the first exams of May 2022.

The resource includes a methodically-structured 25-slide PowerPoint presentation offering an enlightening overview of the world’s foremost economists and their revolutionary theories.

Speakers that Make Economic Waves:

• Adam Smith,

• Karl Marx,

• Alfred Marshall,

• Jean Baptiste Say,

• John Maynard Keynes, and

• Milton Friedman among others.

This exciting journey through historical economic thought also taps into more modern concepts from behavioral economists.

The Gamut of Key Economic Theories:

The stimulating pedagogical experience covers a broad spectrum of economic theories such as 'The Invisible Hand', 'Laissez Faire', 'Communism' and 'supply and demand'. Even lesser-known paradigms like nudge theory have been examined in this material. Whether dissecting Marginal Analysis or explaining Say's Law or exploring Keynesian Multiplier effect or delving into Monetarism: this resource offers all-encompassing coverage along with probing insights on these pivotal ideas.

Dig Deeper with Engaged Thinking:

In addition to being aligned strictly to IB curriculum guidelines, there’s also an accompanying handout comprising twenty-six relevant questions given for students designed to stimulate critically engaged thinking, allowing them to interact closely with material taught during the presentation.

Perfect for Diverse Pedagogical Strategies:

Not only is this resource ideal for a classroom setting but also suitable in distance learning scenarios: it could be employed within varied pedagogical approaches – be it facilitating whole group discussions or fostering detailed examination in smaller study groups; It can even double up as great homework assignments stretching student understanding further beyond regular classroom programs.

Suitable across Grade Levels and Disciplines:

• This tool is most suited for Grade 11 and Grade 12 students studying Economics under the Social Studies discipline.

• It doesn't just provide foundational knowledge of economic ideas but would cater brilliantly for those keen on digging deeper into any specific economic concept later during their course.

In a nutshell - This is your perfect launchpad into the enthralling world of Economic theories!