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IB Summer Projects 2019: Economics

This guide is intended for rising grade 11 students entering the IB Diploma Programme.


Below, you will find the link to purchase the book:


Step 1: Read either:

Option A:

Chapters II & III (The Broken Window & Blessings of Destruction)

- or -

Option B:

Chapters V & VI (Taxes Discourage Production& Credit Diverts Production)

- or -

Option C:

Chapters XV, XVI, & XVII (How the Price System Works, Stabilizing Commodities, & Government Price-Fixing)


Step 2:

Write a 500-word reflection on the theme of the chapters

You can use one or more of the following questions to help organize your reflection.

•Has the author’s economic assumptions influenced your way of thinking?

•To what extent do you agree with the author’s viewpoint?

•What are some weaknesses and strengths of the author’s economic argument?


Step 3:

Submit your 500-word reflection and submit to your economics teacher on the first day of class via ManageBac.