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.


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
Market Failure - when efficient outcomes don’t always mean fair ones
Microeconomics vs Macroeconomics – where the PPC fits
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,
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