Market
Intervention
Syllabus Coverage
2.7 Role of government in microeconomics
Unit Readings
Chapter Eight:
Market Intervention
Google Doc:
Make a copy and use
Slides for Intervention
Price Ceilings and Price Floors: Diagram analysis
Sales Tax: Diagram analysis (specific)
Price Ceilings and Price Floors:
Diagram Practice Worksheet
Sales Tax (specific):
Diagram Practice Worksheet
Subsidy to Producers: Diagram analysis (specific)
Subsidy:
Diagram Practice Worksheet
Intervention Purchasing:
Diagram Practice Worksheet
This is not specifically mentioned in the IB Syllabus, but will be good to know
Consumer Nudge Theory (HL only)
HL Students should have some understanding of Nudge Theory as an intervention strategy
Some examples of nudges
Market Intervention:
Diagram Practice FlashCard Worksheet
Students can use this document to print and make flash cards to help them practice all the various Intervention Diagrams
More to Come; Much More!