ÌÇÐÄVlog

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ÌÇÐÄVlog

Last updated

28 March 2026

pdf, 220.08 KB
pdf, 220.08 KB
pdf, 223.35 KB
pdf, 223.35 KB

This resource provides a complete, ready-to-teach 80-minute lesson on the balance of payments for IB Diploma Economics (2022 syllabus), suitable for mixed SL and HL classes.
The lesson opens with the UK’s forty consecutive years of current account deficit. Students trace a single cross-border transaction — a pair of Nike trainers — through all three BoP accounts, discovering that a current account deficit is always financed by capital and financial account inflows.
Key content covered in this lesson:
Define the balance of payments; explain credit/debit items and the three accounts with all sub-components.
Explain the interdependence principle: why the BoP always sums to zero.
Calculate BoP elements from data. HL: explain and diagram the relationship between the current account and exchange rate, and between the financial account and exchange rate.
Diagrams covered: HL: current account–exchange rate diagram; financial account–exchange rate diagram.
Syllabus reference: Unit 4.6 — Balance of payments, IB Economics Guide 2022. Key concepts: interdependence, intervention.
Suitable for: IB Diploma Economics, DP1 and DP2. Adaptable for Google Classroom, Canvas, and Managebac.

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A bundle is a package of resources grouped together to teach a particular topic, or a series of lessons, in one place.

Bundle

IB Economics Unit 4 The Global Economy COMPLETE BUNDLE | 19 Lesson Pairs | CBCI

This bundle provides the complete Unit 4: The Global Economy teaching sequence for IB Diploma Economics (2022 syllabus). Nineteen lesson pairs (38 documents) cover the entire unit from the benefits of international trade through to the capstone development strategy evaluation debate — leaving no syllabus gaps. Every lesson includes a matched student resource and teacher guide. Student resources follow a consistent 80-minute four-phase structure: a real-world hook, two phases of collaborative pair and small-group exploration, a structured whole-class synthesis, and a silent individual application with differentiated options. Teacher guides include a full CBCI framework with Transfer Goal and three-level understanding table, complete model responses for every task and discussion question, common errors with named mechanisms and corrections, probing questions formatted for classroom circulation, an ATL skills table, and a bridge to the next lesson. Lessons included: 4.1a — Benefits of International Trade (free trade diagrams, t-shirt production chain) 4.1b — Comparative Advantage (HL — opportunity cost, PPC, gains from specialisation) 4.2a — Tariffs & Quotas (fully labelled diagrams, areas a–d, HL calculations) 4.2b — Subsidies & Administrative Barriers (subsidy diagram, four-instrument comparison) 4.3 — Arguments For & Against Trade Protection (10+7 arguments, LAPPS framework, solar tariff) 4.4a — Trading Blocs & the WTO (integration spectrum, HL trade creation/diversion, ASEAN) 4.4b — Monetary Union (HL — OCA conditions, asymmetric shocks, Greek crisis) 4.5a — Floating Exchange Rates (diagram, 10 shift factors, AD/AS consequences, Turkish lira) 4.5b — Fixed & Managed Exchange Rates (maintenance diagrams, HL evaluation, Swiss franc) 4.6a — Balance of Payments (three accounts, interdependence, HL exchange rate links) 4.6b — Current Account Policy (HL — Marshall-Lerner, J-curve, correction methods) 4.7 — Sustainable Development & the SDGs (Brundtland, poverty-sustainability link) 4.8a — Measuring Development: Single Indicators (GDP/GNI per capita, health, education) 4.8b — Measuring Development: Composite Indicators (HDI, GII, IHDI, HPI) 4.9a — Poverty Cycle & Economic Barriers (poverty cycle diagram, seven economic barriers) 4.9b — Political & Social Barriers (institutions, corruption, gender inequality) 4.10a — Trade & Market-Based Development Strategies (ISI, export promotion, Washington Consensus) 4.10b — Aid, Institutions & Interventionist Strategies (FDI, debt relief, microfinance) 4.10c — SDG Progress & Strategy Evaluation Debate (capstone — two-country SDG evidence, Grand Debate) HL content is integrated into lessons rather than segregated. Resources use strict IB terminology throughout and are written in British English. The word "diagram" is used exclusively — in line with IB examination conventions. The CBCI framework in every teacher guide moves students from factual knowledge (definitions, diagrams, calculations) through conceptual understanding (transferable generalisations about how the global economy functions) to transfer tasks (applying understanding to unfamiliar real-world contexts). This mirrors the assessment structure of IB Papers 1, 2, and 3. Real-world anchors used across the bundle include: the global t-shirt production chain, Sri Lanka vs Taiwan, US steel tariffs, EU wheat subsidies, US solar panel WTO dispute, ASEAN, the Greek debt crisis, the Turkish lira depreciation, the Swiss franc shock, the UK's 40-year current account deficit, the Washington Consensus, Ha-Joon Chang, and SDG progress data for contrasting country pairs. Suitable for: IB Diploma Economics, DP1 and DP2, Standard Level and Higher Level. Designed for 80-minute lessons with collaborative pair and small-group activities, adaptable for Google Classroom, Canvas, and Managebac environments. Syllabus reference: IB Diploma Programme Economics Guide, first assessment 2022. Unit 4: The Global Economy, 4.1–4.10.

£49.99

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