Value of the Case Study Set for an IBDP Economics Classroom
This case study collection provides real-world applications of international economics, development, trade protection, and exchange rate policies. The set encourages students to explore economic theories through practical scenarios, fostering analytical and critical thinking skills. By examining the successes and challenges faced by different countries, students can develop a deeper understanding of the global economy and the complexities of economic policy-making.

List of Case Studies with Summation:

1. Benefits of International Trade in the Technology Sector
   Analyzes how Apple Inc. leverages international trade to reduce production costs and enhance competitiveness in global markets.
2. Economic Development Strategies in East Asia
   Explores how trade liberalization and industrial policies have driven economic growth in East Asia, while addressing emerging challenges like inequality and sustainability.
3. Economic Integration and Its Impact on Trade in the European Union
   Examines the benefits and challenges of economic integration within the EU, focusing on trade creation, economic stability, and sovereignty concerns.
4. Exchange Rate Fluctuations and Their Impact on Export Competitiveness
   Explores how fluctuations in the value of the Chinese yuan affect export competitiveness and economic stability, with policy responses from the People’s Bank of China.
5. Measuring Economic Development in Southeast Asia
   Evaluates traditional and alternative development measures such as GDP and HDI to capture the multidimensional aspects of development in Southeast Asia.
6. Sustainable Development and Economic Growth in Sub-Saharan Africa
   Analyzes how strategies like renewable energy investments and education initiatives contribute to sustainable development and long-term economic growth in Sub-Saharan Africa.
7. Trade Protection and Its Impact on the Steel Industry
   Discusses the effects of tariffs and quotas on the U.S. steel industry, weighing the benefits of protecting domestic jobs against the costs for consumers and the economy.
8. Arguments for and Against Trade Protection in the Automotive Industry
   Explores the impact of trade protection measures like tariffs and quotas on Japan’s automotive industry, balancing economic efficiency with stakeholder welfare.
9. Balance of Payments and Its Implications for Economic Policy in India
   Examines India’s persistent current account deficit, exploring government measures like promoting exports and attracting FDI to improve the balance of payments.
10. Barriers to Economic Growth and Development in Latin America
    Analyzes economic, political, and social barriers to development in Latin America, and evaluates strategies like education, economic diversification, and anti-corruption measures.