Ib Economics Hl Formula Booklet -

While the International Baccalaureate (IB) does not provide an official "formula booklet" for use during Economics examinations, Higher Level (HL) students are expected to master a specific set of quantitative tools for Paper 3 and data-response questions in Paper 2. 

Strategy 1: Annotate Your Copy

The IBO allows you to bring a clean copy (no notes) to the exam. However, during revision, print two copies. On the first copy, write cues next to each formula: ib economics hl formula booklet

1. Microeconomics

A. Elasticities

Formulas:

Example: If potential GDP is $1,000B, actual is $800B, and the multiplier is 4. While the International Baccalaureate (IB) does not provide

• The formula gives you +5.5%. The booklet doesn't tell you direction; your theory knowledge does.