IB MYP Grade 4 Economics
Economics for IB MYP Grade 4 (ages 14–15) covers how individuals, businesses and governments make choices about scarce resources. At this advancing stage, learners learn to read simple economic data, explain supply, demand and trade-offs and evaluate economic decisions.
What learners will do
- Read simple economic data
- Explain supply, demand and trade-offs
- Evaluate economic decisions
How Economics is assessed
MYP Individuals and Societies is assessed against four criteria: A (knowing and understanding), B (investigating), C (communicating) and D (thinking critically).
Study tip
Practise using evidence: for every point you make, name the source, example or data that supports it.
Who is this Economics page for?
It is for IB MYP Grade 4 learners, typically aged 14–15, and for the parents and teachers who support them.
Where do I start?
Browse the resources on this page and start with any marked Free.