Cambridge International AS & A Level Economics Workbook with Digital Access (2 Years) (2nd Edition)

Description

This series supports teachers and learners of Cambridge International AS & A Level Economics (9708). Take your learners’ studies beyond the coursebook with our new Cambridge International AS & A Level Economics workbook. Ideal for refining skills, this workbook help learners solidify their knowledge and practise what they have learnt, with worked examples and a wide selection of activities.

Key Features

• Key skills and scaffolded exam-style activities allow learners to practise what they have learnt in the coursebook
• Worked examples offer step-by-step guidance and are ideal for revision
• Tip boxes and grouped key terms provide extra support for English as a second language learners
• ‘Improve this answer’ activity helps learners develop evaluation skills and understand what a ‘good’ answer looks like

Table of Contents

1. How to use this book
2. Introduction
3. Introducing command words
4. Basic economic ideas and resource allocation (AS Level)
5. Scarcity, choice and opportunity cost
6. Economic methodology
7. Factors of production
8. Resource allocation in different economic systems
9. Production possibility curves
10. Classification of goods and services
11. The price system and the micro economy (AS Level)
12. Demand and supply curves
13. Price elasticity, income elasticity and cross-elasticities of demand
14. Price elasticity of supply
15. The interaction of demand and supply
16. Consumer and producer surplus
17. Government microeconomic intervention (AS Level)
18. Reasons for government interventions in markets
19. Methods and effects of government interventions in markets
20. Addressing income and wealth inequality
21. The macro economy (AS Level)
22. National income statistics
23. Introduction to the circular flow of income
24. Aggregate demand (AD) and aggregate supply (AS) analysis
25. Economic growth
26. Unemployment
27. Price stability
28. Government macroeconomic intervention (AS Level)
29. Government macroeconomic policy objectives
30. Fiscal policy
31. Monetary policy
32. Supply-side policy
33. International economic issues (AS Level)
34. The reasons for international trade
35. Protectionism
36. Current account of the balance of payments
37. Exchange rates
38. Policies to correct imbalances in the current account of the balance of payments
39. The price system and the micro economy (A Level)
40. Utility
41. Indifference curves and budget lines
42. Efficiency and market failure
43. Private costs and benefits, externalities and social costs and benefits
44. Types of cost, revenue and profit, short-run and long-run production
45. Different market structures
46. Growth and survival of firms
47. Differing objectives and policies of firms
48. Government microeconomic intervention (A Level)
49. Government policies to achieve efficient resource allocation and correct market failure
50. Equity and redistribution of income and wealth
51. Labour market forces and government intervention
52. The macro economy (A Level)
53. The circular flow of income
54. Economic growth and sustainability
55. Employment and unemployment
56. Money and banking
57. Government macroeconomic issues (A Level)
58. Government macroeconomic policy objectives
59. Links between macroeconomic problems and their interrelatedness
60. Effectiveness of policy options to meet all macroeconomic objectives
61. International economic issues (A Level)
62. Policies to correct disequilibrium in the balance of payments
63. Exchange rates
64. Economic development
65. Characteristics of countries at different levels of development
66. Relationship between countries at different levels of development
67. Globalisation
68. Acknowledgements.