IB Diploma

Economics SL

Economics SL is the study of economic theory and its applications in the world today. Students interpret economic data and statistics, apply relevant theory, and demonstrate this knowledge using written prose, diagrams and economic terminology. Taking Economics SL online will enable students to learn real world applications of economic theory; understand how macro- and micro-economies work; and meet and study with students and teachers from around the world.

19 Units 176 Lessons 2 Years

Course structure

The course covers the following topics:

Year 1

  • Course Overview
  • Introduction to Economics
  • Competitive Markets
  • Elasticity
  • Government Intervention
  • How do markets fails
  • Internal Assessment
  • The National Economy
  • Employment, Inflation and Growth


Year 2

  • Income Distribution and Macro Policies
  • Free Trade Vs. Protectionism
  • Exchange Rates
  • Balance of Payments
  • Measure of Economic Development
  • Barriers to Economic Development
  • Aid, Debt and Economic Development
  • Exam Revision


What is different in taking Economics SL online?

Students will have the opportunity to:

  • access source material in a variety of media
  • access a structured learning environment that provides flexibility and support in equal measure
  • study alongside students from around the world
  • gain experience of using the latest online learning tools
  • regularly communicate with teachers and fellow students

Some things won’t be different though. Standards and expectations will be just as high as in a face to face classroom.


Activities and assessment

The emphasis is on learning actively together and activities include live online discussions, creating presentations, learning from videos and interactive exercises. Throughout the Economics SL course, students engage in online discussions, debates, article analysis and group research projects.

Students are assessed through the use of quizzes and tests. We also provide traditional activities such as essay writing to prepare them for the exams.

Assessment will be both formative and summative and in accordance with IB criteria.


Advice from our teachers

In order to succeed in Economics SL, we recommend students set aside five to six hours a week.

Benefits to students

Taking Economics SL online will enable students to:

  • learn real world applications of economic theory
  • understand the areas of microeconomics, macroeconomics and the global economy
  • meet and study with students and teachers from around the world.
  • become experienced in a wide range of technical and social tools
  • develop 21st century skills like time management, communication and digital literacy which are much in demand by employers

Contact PamojaSchedule a Demo

Pilot the Pamoja Online Course for up to four weeks from the day the course commences.

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USD Year 11,320 Year 21,390 GBP Year 11,030 Year 21,080 Euros Year 11,160 Year 21,220 RMB Year 110,578 Year 211,128

Contact Pamoja

Schedule a Demo

Pilot the Pamoja Online Course for up to four weeks from the day the course commences.


Hodder Education eTextbook

This course is dependent on student etextbooks provided by Hodder Education and hosted on the Dynamic Learning platform. Please ensure you check the Hodder Dynamic Learning guidance to ensure your systems are able to access this service. This service is provided as part of the Pamoja course fee - find out more.

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Please fill in your contact details below. Our team will be in touch via email to arrange an online demonstration, or to answer any questions you may have.