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Written with the international student in mind, this book contains the most up-to-date case studies, global examples and statistics. Providing in-depth coverage of every aspect of the Cambridge IGCSE and O Level Economics syllabuses, and endorsed by Cambridge International Examinations, this textbook helps students build the skills needed to succeed in their chosen course.
Key Features: Engaging and contemporary case studies and examples ensure the book is relevant to the international student. • Accessible language and key terms defined to support ESL/EAL students. • Student-focused CD-ROM provides useful weblinks to the
latest case studies, extra activities and answers to the questions in the textbook.
Contents: Introduction • Acknowledgements
Section 1: Basic economic problem: choice and the allocation of resources • The basic economic problem
Section 2: The allocation of resources: how the market works; market failure • Economic systems • Demand and supply • Price elasticity • Market failure
Section 3: The individual as producer, consumer and borrower • Money • Labour markets • Trade unions • Income and expenditure
Section 4: The private firm as producer and employer • Business organization • Production • Costs, revenues and profits • Perfect competition and monopoly • Business growth
Section 5: Role of government in an economy • Government aims and influences • Government policies • Taxation
Section 6: Economic indicators • Inflation • Employment • Economic growth
Section 7: Developed and developing economies: trends in production, population and living standards • Standards of living • Population
Section 8: International aspects • Specialisation • Balance of payments • Exchange rates • Trade and trade protectionism
Glossary • Index
ISBN - 9781444196412
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Pages : 314
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