Archive for June, 2011

Jun 24 2011

New resources for Econ students and teachers coming soon!

It has been quite some time since I have posted regularly to this blog, but that has been for good a reason. Over the last 15 months I have been working hard on two major projects, one IB Economics textbook and one AP Macroeconomics textbook. Both books will be published at the end of the summer and ready for students and teachers to use during the new school year.

With these exciting and exhausting projects now coming to an end, I have begun to turn my attention once again to this blog and the other online resources that presented me with the amazing opportunities to write two textbooks in the last year. You will notice right away that this blog, and my home page, have a new look to them. This is my attempt to improve this site’s “brand” and bring the design into the new decade!

In addition to re-designing the blog and the homepage, I have also begun to re-design the very popular Lecture Note / Study Guide sets that so many students and teachers have ordered over the last couple of years. The IB Economists out there will know that starting this fall, the IB will launch its new curriculum for the incoming 11th graders, who will sit for the new IB Economics exam for the first time in May of 2013. The text I am just finishing up, Pearson Baccalaureate’s Economics for the IB Diploma, is written specifically based on the new IB syllabus. With its launch, of course, my old lecture notes and study guides will be out of date, so my next project is to bring those popular resources up to speed with the new IB curriculum. The new bundle will include 24 separate PowerPoint Lecture Notes (also available in pdf format for students). I expect these resources to be ready by September or early October, so please stay tuned. Below is a preview of the new slide designs, from Unit 1.1 “Introduction to Economics”.

In addition to a new website design, updated PowerPoint Lecture Note / Study Guides, and two textbooks coming out, I have also recently created a new Facebook profile specifically for readers of Welker’s Wikinomics. If you’re like me, you probably get most of the important information in your life off of either Facebook or Twitter these days, and you can’t be bothered to go to some dude’s blog every day to see what he’s writing about. Now you follow Economics in Plain English through either Facebook, Twitter, or RSS. In addition to the weekly posts on the blog, I will also post many other articles and links to the Facebook page as I stumble upon them in my own online activity. Please friend Welker’s Wikinomics on Facebook, and if you’re not already, consider following me on Twitter too (jasonwelker).

In the mean time, enjoy your summer! I am looking forward to meeting my own group of new IB and AP Econ students in the fall, and also anyone else who happens upon the blog during the upcoming semester!

2 responses so far

Jun 01 2011

Summer reading assignment for IB Economics students

Published by under IB Economics

I have decided to assign a summer reading to get my IB Econ students ready for our final two units. The books below are written by two of the preeminent development economists in the world, who also happen to be “intellectual rivals”. Jefferey Sachs is a professor at Columbia University, and he is known for his support for an increased role for development aid for eradicating global poverty. Paul Collier, of Cambridge University, argues that aid may actually limit the development prospects of poor countries, and instead sees an increased role for international trade in the development process.

Please choose ONE of the books linked below to read over the summer. Read the descriptions on Amazon, and the choice is up to you which one you’d like to read. I hope that in each class, there will be a selection of students who have read each book, so we can have a healthy debate next year about the roles of both aid and trade in economic development.

Both books cost around $10. You can buy them online and download them to any device (phone, computer, iPad, etc…). The links for the Amazin Kindle e-reader apps for all devices are below.

Once you’ve downloaded the Kindle App to the device of your choice, please then read the descriptions of the two books and choose one to download and read over the summer.

E-books on

Common Wealth: Economics for a Crowded Planet , by Jeffery Sachs


The Bottom Billion : Why the Poorest Countries are Failing and What Can Be Done About It , by Paul Collier

The books are available in print from Orell Fussli here in Switzerland:

Common Wealth


The Bottom Billion

At the beginning of next year I will ask students to submit a short paper summarizing their views on the issues addressed in the book they’ve read over the summer.

Enjoy these books, they are excellent books, easy to read, and well within your level of understanding after a year of studying Economics.

Enjoy your summer, too!

Mr. Welker


One response so far