Welcome to Your IB PPC Hub

The Production Possibility Curve (PPC) is one of the first - and most important - graphs you’ll encounter in IB Economics. It shows the trade-offs, opportunity costs, and choices every economy faces.

This page gathers everything you need to understand, draw, and evaluate the PPC - with real-life examples and student-level explanations.

Full breakdowns of diagrams and evaluation tools are available exclusively in the IB Economics course.

PPC IB Economics
PPC IB Economics

Start Here: IB Economics PPC Curve Explained

What Is the PPC? Full Student Guide

The Production Possibility Curve (a.k.a. The “Choose Your Struggle” Graph)

Covers:

  • Scarcity, choice, and opportunity cost

  • Constant vs increasing opportunity cost

  • Economic growth and PPC shifts

  • Real-world scenarios and why the PPC matters

Includes your custom PPC diagrams:

  • Basic PPC curve (capital vs consumer goods)

  • Unemployment and efficiency points

  • Inward and outward shifts

  • Non-parallel shifts (selective growth)

Diagrams and Real Examples

PPC Graph Economics Examples and Tips

Includes:

  • Real PPC applications (e.g. COVID trade-offs, military vs healthcare)

  • Diagram tips for Paper 1 HL

  • How to write about PPC shifts in a 10-mark or 15-mark exam answer

  • Student myth-buster: common mistakes in PPC diagram labelling

IB Economics PPC Graphs: Exam Strategy

How to Use the PPC Graph in IB Exams

Learn how to:

  • Label diagrams for full AO1 marks

  • Add evaluation (AO4) to PPC questions

  • Describe economic growth using actual vs potential growth

  • Use PPC to introduce efficiency, resource allocation, and economic systems

Related Concepts and Connections

Real-World PPC Examples for Your IA or EE

COVID-19 Healthcare Trade-Offs
Military Spending vs Education (“Guns vs Butter”)
Green Energy vs Fossil Fuel Investment

Use these examples to explain opportunity cost, trade-offs, and long-term economic growth in real economies.

For access to all key diagrams, model answers, and exam strategies,

Explore the Complete IB Economics Course

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