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The World Trade Organisation.

#wto #mrbrabec #economics #international economics #international trade #free trade #IB economics #Mr. Brabec

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Why the AD curve shifts

#IB economics #Mr. Brabec #macroeconomics #aggregate demand #shifts

Graphs corresponding to unemployment

#ib economics #macroeconomics #simple diagram #graph #unemployment #Mr. Brabec

National income statistics uses and limitations? Just a few suggestions. Courtesy of Mr. Brabec's IB Economics class.

#ib economics #mr. brabec #national income statistics #macroeconomics

National Income Statistics

A good site for the uses of national income statistics as the textbook examples are limited.

http://www.guesspapers.net/1340/importance-of-national-income-computation-in-modern-economic-analysis/

#IB Economics #Mr. Brabec #National Income Statistics #Macroeconomics

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An explanation to why overtaxing does not benefit society...

#Mr. Brabec #IB economics #Market Failure #externalities #complex diagram

Negative externalities by So Young

#negative externalities #IB economics #So young #comic relief #Mr. Brabec #doodles

Okay everyone take three deep breaths - actually don't do that, it's too polluted.

Mr. Brabec

#comic relief #Mr. Brabec #quotes

When year 13 comes around, I'm sure we're all going to need a memory of the fun times of year 12. (Pig doodle credits to So Young).

Jason: "Having the wind farm improves the view because you can look out and see how humanity has taken over nature and feel satisfied."

#comic relief #positive externalities #negative externalities #IB economics #Mr. Brabec

Everyone knows the whole point of Christmas is producing positive externalities!

Mr. Brabec

#Mr. Brabec #quotes #comic relief

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What causes externalities? Suggestions by Mr. Brabec's economics class

#Mr. Brabec #IB economics #externalities #positive externalities #negative externalities

Positive & negative externalities

#negative externalities #positive externalities #IB economics #Mr. Brabec #graphs #simple diagram

Negative externalities - an early preview (also, a glimpse of the error & errata board)

#negative externalities #externalities #IB economics #error & errata #Mr. Brabec #simple diagram #graphs

Actually, PED changes across the whole graph...

#PED #price elasticity of demand #IB economics #Mr. Brabec #graphs #complicated diagram

More consumer surplus graphs

#consumer surplus #producer surplus #allocative efficiency #IB economics

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More about consumer & producer surplus.

#IB economics #Mr. Brabec #graphs #consumer surplus #producer surplus #simple diagram

I can't really remember what this was. Consumer & producer surplus I think...

#complex diagram #consumer surplus #producer surplus #Mr. Brabec #IB Economics #graphs

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