Description
This resource is endorsed by Cambridge Assessment
International Education
- Provides
learner support for the Cambridge IGCSE® and O Level Economics Syllabuses
(0455/2281) for examination from 2020.
- Has
passed Cambridge International’s rigorous quality-assurance process.
- Developed
by subject experts.
- For
Cambridge schools worldwide.
Reinforce
learning and deepen understanding of the key concepts covered in the revised
syllabus; an ideal course companion or homework book for use throughout the
course.
- Develop
and strengthen skills and knowledge with a wealth of additional exercises that
perfectly supplement the Student’s Book.
- Build
confidence with extra practice for each lesson to ensure that a topic is
thoroughly understood before moving on.
- Consolidate
knowledge and skills with exercises based on authentic contexts and problems.
- Keep
track of students’ work with ready-to-go write-in exercises.
- Save
time with all answers available online in the Online Teacher’s Guide.
Contents:
SECTION 1: The Basic economic problem •
Chapter 1: The nature of the economic problem • Chapter 2: The factors of
production • Chapter 3: Opportunity cost • Chapter 4: Production possibility
curve
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: Price changes • Chapter 11: Price elasticity
of demand (PED) • Chapter 12: Price elasticity of supply (PES) • Chapter 13:
Market economic system • Chapter 14: Market failure • Chapter 15: Mixed
economic system
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
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
SECTION 5: Economic development •
Chapter 32: Living standards • Chapter 33: Poverty • Chapter 34: Population •
Chapter 35: Differences in economic development between countries
SECTION 6: International trade and globalisation •
Chapter 36: International specialisation • Chapter 37: Globalisation, free
trade and protection • Chapter 38: Foreign exchange rates • Chapter 39: Current
account of balance of payments
Target
Audience:
This
textbook is written for the latest Cambridge IGCSE and O Level Economics
syllabus.