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Preview of IB Economics 2.7b Taxes & Subsidies | Incidence & Welfare | CBCI

IB Economics 2.7b Taxes & Subsidies | Incidence & Welfare | CBCI

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Econ Blueprint
✅ WHAT'S INCLUDED Student Resource + Teacher Guide (2 pdf files)Syllabus-aligned: 2.7 — AO2, AO3, AO4No prep required📋 WHAT STUDENTS WILL LEARN Indirect tax diagram: specific and ad valorem taxesSubsidy diagram: effects on price, quantity, and welfareTax incidence: who bears the burden and whyConnection between elasticity and incidenceHL: calculation of tax revenue, subsidy expenditure, welfare changesEvaluation of tax and subsidy effectiveness🧠 ABOUT THIS LESSON UK sugar tax vs EV subsidy — t
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