International · 93 topics

Economics

G3N tutors you through the full International Economics syllabus offline — from Roles in groups (home/school), Responsibilities in groups (home/school), Sharing limited resources and more — with adaptive lessons, instant quizzes, flashcards and exam-ready summaries.

Syllabus

What you’ll cover in Economics.

The complete topic outline G3N teaches, mapped to the International curriculum.

Phase 1 (KG)

6 topics
Roles in groups (home/school)
Responsibilities in groups (home/school)
Sharing limited resources
Fairness in resource sharing
Basic needs
Wants

Phase 2 (Grades 1–2)

8 topics
Goods
Services
Community helpers
Cooperation
Simple exchange (barter)
Simple exchange (money)
Rules that organise economic activity
Routines that organise economic activity

Phase 3 (Grades 3–4)

10 topics
Production
Trade
Interdependence
Supply in everyday contexts
Demand in everyday contexts
Price in everyday contexts
Ethical consumer choices
Reuse
Reduce
Recycle

Phase 4 (Grades 5–6)

9 topics
Market systems
Resource allocation
Impact of technology on production
Impact of technology on jobs
Equity
Sustainability
Consumer responsibility
Entrepreneurship
Budgeting basics

MYP 1 (Grade 6)

10 topics
What is economics?
Scarcity
Choice
Opportunity cost
Factors of production
Basic economic questions
Demand and Supply
Demand diagrams
Supply diagrams
Market‑equilibrium diagrams

MYP 2 (Grade 7)

8 topics
Market systems
Price mechanisms
Consumers
Producers
Government as an economic agent
Banks and financial intermediaries
Circular flow of income
Local business case studies

MYP 3 (Grade 8)

10 topics
Business cycle
Unemployment basics
Inflation basics
Government objectives
Policy tools
Poverty
Inequality
Development indicators
Globalisation
Fair trade

Foundations of economics

2 topics
What is economics?
How do economists approach the world?

Microeconomics

12 topics
Demand
Supply
Competitive market equilibrium
Critique of the maximizing behaviour of consumers and producers (HL)
Elasticity of demand
Elasticity of supply
Role of government in microeconomics
Market failure—externalities and common pool/common access resources
Market failure—public goods
Market failure—asymmetric information (HL)
Market failure—market power: theory of the firm and market structures (HL)
The market's inability to achieve equity

Macroeconomics

7 topics
Measuring economic activity and illustrating its variations
Variations in economic activity—aggregate demand and aggregate supply
Macroeconomic objectives
Economics of inequality and poverty
Demand management—monetary policy
Demand management—fiscal policy
Supply-side policies

The global economy

10 topics
Benefits of international trade
Types of trade protection
Arguments for and against trade control/protection
Economic integration
Exchange rates
Balance of payments
Sustainable development
Measuring development
Barriers to economic growth and/or development
Economic growth and/or development strategies

Coursework: economic commentaries

1 topics
Portfolio of three commentaries applying economic theory to current news (one each from Units 2–4)
How G3N helps

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