DP Economics Questionbank
1.1 What is economics?
Description
[N/A]Directly related questions
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21M.2.HL.TZ0.3c:
Using a production possibilities curve (PPC) diagram, explain how the production possibilities (potential output) of the DRC might be affected if there were greater access to electricity (paragraph [4]).
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21M.3.HL.TZ0.1a:
Assuming that 25 000 pencils are produced initially, identify the opportunity cost for Country H if the production of rice is to be increased by 100 %.
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21M.3.HL.TZ0.1b:
State one reason why the production possibility curve (frontier) for Country H might shift outwards.
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21N.2.HL.TZ0.1c:
Using a production possibilities curve (PPC) diagram, explain how the importing of “new technology and capital equipment” might affect Thailand’s production possibilities (paragraph [3]).
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22M.2.HL.TZ0.2b.i:
Sketch a production possibilities curve (PPC) diagram to show the effect of improved human capital on Malawi’s potential output (Text D, paragraph [2]).
Sub sections and their related questions
1.1.1 Economics as a social science
None1.1.2 The problem of choice
None1.1.3 The production possibilities curve model (PPC)
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21M.2.HL.TZ0.3c:
Using a production possibilities curve (PPC) diagram, explain how the production possibilities (potential output) of the DRC might be affected if there were greater access to electricity (paragraph [4]).
-
21M.3.HL.TZ0.1a:
Assuming that 25 000 pencils are produced initially, identify the opportunity cost for Country H if the production of rice is to be increased by 100 %.
-
21M.3.HL.TZ0.1b:
State one reason why the production possibility curve (frontier) for Country H might shift outwards.
-
21N.2.HL.TZ0.1c:
Using a production possibilities curve (PPC) diagram, explain how the importing of “new technology and capital equipment” might affect Thailand’s production possibilities (paragraph [3]).
-
22M.2.HL.TZ0.2b.i:
Sketch a production possibilities curve (PPC) diagram to show the effect of improved human capital on Malawi’s potential output (Text D, paragraph [2]).
