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Glossary of IB Economics Terms

To excel in IB Economics, students need to have a good understanding of Economics Terminology. This is can be rather daunting for most students. In this page, we created a glossary of IB Economics terms to help students search for Economics definitions in just a few clicks. We hope you will find this tool useful.

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IB Economics Terms

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are 4 names in this directory beginning with the letter M.
Microcredit Schemes
Very small loans to the very poor in developing countries. These loans are to help them start or grow small businesses or meet emergencies.

Monetary Policy
The manipulation of interest rates in order to influence aggregate demand thus inflation, output and employment.

Monopolistic Competition
Many small firms, no entry, no exit barriers and differentiated products

Monopoly
One firm, unique product and high barriers to entry

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