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  • ISBN:9781108440387
  • Format:Paperback
  • Subject(s):Economics
  • Qualification:Cambridge IGCSE
  • Author(s):Susan Grant
  • Available from: February 2018

Covers the Cambridge IGCSE syllabus (0455) and the Cambridge O Level syllabus (2281), first examination from 2020.

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  • DESCRIPTION

    This series helps students understand economic theory, terminology and principles. It matches the Cambridge IGCSE and O Level Economics syllabuses. The coursebook helps students apply tools of economic analysis, make judgements on economic issues, use basic economic numeracy and literacy, and take greater part in decision-making processes in everyday life. Sample questions provide opportunities for students to develop their evaluative skills. It provides a foundation for advanced study in Economics such as A Level. Answers to the coursebook and workbook questions are in the teacher's resource.

  • Contents
  • FEATURES
    • Introduces topics and presents economic concepts in the context of the learner, making Economics relevant to everyday life.

    • Equips students with an understanding of the language of Economics and supports the development of their evaluative skills with essay questions.

    • Key terms highlight and explain important concepts, helping students produce clear and accurate answers.

    • A range of new practice exercises builds students' Economics skills and confidence with the subject.

    • Provides the most comprehensive support for students.

    • Group activities encourage peer support and provide opportunities for students to express themselves.

    • The series also includes a workbook, revision guide, teacher's resource and Elevate enhanced edition.

    • Endorsed by Cambridge International Examinations, Cambridge IGCSE and O Level Economics covers the Cambridge IGCSE syllabus (0455) and the Cambridge O Level syllabus (2281), first assessment 2020.

  • CONTENTS
    • Introduction
    • Section 1. The basic economic problem
    • Chapter 1. The nature of the economic problem
    • Chapter 2. Factors of production
    • Chapter 3. Opportunity cost
    • Chapter 4. Production possibility curves
    • Examination practice
    • Section 2. The allocation of resources
    • Chapter 5. Microeconomics and macroeconomics
    • Chapter 6. The role of markets in allocating resources
    • Chapter 7. Demand
    • Chapter 8. Supply
    • Chapter 9. Price determination
    • Chapter 10. Causes of price changes
    • Chapter 11. Price elasticity of demand
    • Chapter 12. Price elasticity of supply
    • Chapter 13. Market economic system
    • Chapter 14. Market failure
    • Chapter 15. Mixed economic system
    • Examination practice
    • Section 3. Microeconomic decision makers
    • Chapter 16. Money and banking
    • Chapter 17. Households
    • Chapter 18. Workers
    • Chapter 19. Trade unions
    • Chapter 20. Firms
    • Chapter 21. Firms and production
    • Chapter 22. Firms' costs, revenue and objectives
    • Chapter 23. Market structure
    • Examination practice
    • Section 4. Government and the macroeconomy
    • Chapter 24. The role of government
    • Chapter 25. The macroeconomic aims of government
    • Chapter 26. Fiscal policy
    • Chapter 27. Monetary policy
    • Chapter 28. Supply-side policy
    • Chapter 29. Economic growth
    • Chapter 30. Employment and unemployment
    • Chapter 31. Inflation and deflation
    • Examination practice
    • Section 5. Economic development
    • Chapter 32. Living standards
    • Chapter 33. Poverty
    • Chapter 34. Population
    • Chapter 35. Differences in economic development between countries
    • Examination practice
    • Section 6. International trade and globalisation
    • Chapter 36. International specialisation
    • Chapter 37. Free trade and protection
    • Chapter 38. Foreign exchange rates
    • Chapter 39. Current account of the balance of payments
    • Examination practice
    • Index.

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