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Economics glossary

It is important when studying economics to make sure you have a good understanding of all the economics jargon and, if there is one thing you can be sure of, economics has a lot of jargon! This pack will help you to understand all the jargon you need for studying Economics.

In this first section you will find a full economics glossary of terms and you can use this to keep referring to throughout your economics course. Whenever you come across a term, just come back to this section to check out the definition of the term.

For more detailed definitions of a selection of key terms for each topic in IB economics, have a look at the 'Key terms section'. Why not also test yourself with the games and activities section? This has a series of flash cards to help you revise the important terms and definitions.

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