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Last updated

29 June 2026

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pdf, 64.12 KB
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docx, 37.28 KB

Comprehensive IB Economics Fiscal Policy workbook with revision notes, assessment, exam practice, and answer keys.

Save valuable planning and revision time with this comprehensive Fiscal Policy workbook and assessment pack for the IB Diploma Programme Economics course.

Designed specifically for IB teachers, this ready-to-use resource provides structured revision, exam preparation, mastery assessment, and detailed teacher support for both SL and HL students.

Perfect for revision lessons, independent study, homework, intervention, and end-of-topic assessment.

What is included?
Comprehensive Fiscal Policy student workbook
Structured revision and explanatory notes
SL and HL differentiated content
Fiscal Policy concept review materials
Rapid revision activities
Practice quiz
Multiple-choice mastery assessment
Exam-style practice questions
HL extension materials
Fiscal Policy evaluation activities
Real-world application activities using the fictional economy of Kaimura
Detailed teacher answer key
Mark scheme and feedback guidance
Suitable for

Curriculum: IB Diploma Programme Economics (SL & HL)

Topics Covered
Fiscal policy definition and objectives
Government spending and taxation
Expansionary and contractionary fiscal policy
Budget deficits and surpluses
Public debt
Automatic stabilisers
Fiscal policy limitations
Fiscal policy and macroeconomic objectives
Fiscal vs monetary policy
Keynesian multiplier (HL)
Crowding out (HL)
Ricardian equivalence (HL)
Laffer Curve (HL)
Fiscal policy evaluation
Learning Outcomes

Students will be able to:

define fiscal policy and identify its main instruments.
distinguish between expansionary and contractionary fiscal policy.
explain how fiscal policy influences aggregate demand.
analyse the strengths and limitations of fiscal policy.
evaluate fiscal policy using real-world contexts.
explain the operation of automatic stabilisers.
calculate and apply the Keynesian multiplier.
compare fiscal and monetary policy approaches.
apply macroeconomic theory confidently to examination questions.

Classroom Uses
Revision lessons
Homework assignments
Independent study
End-of-topic assessment
Retrieval practice
Exam preparation
Cover lessons
Intervention and reteaching

Why teachers will love this resource
Saves substantial planning and revision time.
Fully ready-to-use.
Minimal teacher preparation required.
Includes extensive SL/HL differentiation.
Strong exam focus throughout.
Includes mastery assessment and answer keys.
Provides detailed evaluation and real-world application.
Flexible for classroom, online, or independent learning.
Ideal for revision, assessment, and intervention.

Whether used for revision, assessment, or independent study, this resource provides everything needed to help students master Fiscal Policy in IB Economics.

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