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
There are 4 names in this directory beginning with the letter M.
Microcredit SchemesVery small loans to the very poor in developing countries. These loans are to help them start or grow small businesses or meet emergencies.
Monetary PolicyThe manipulation of interest rates in order to influence aggregate demand thus inflation, output and employment.
Monopolistic CompetitionMany small firms, no entry, no exit barriers and differentiated products
MonopolyOne firm, unique product and high barriers to entry
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