This series supports teachers and learners of Cambridge International AS & A Level Economics (9708).
Introduce your learners to the world of economics with the fourth edition of our Cambridge International AS & A Level Economics series. Featuring a coursebook with digital access, digital coursebook, workbook with digital access and digital teacher’s resource, your students will gain a clear understanding of how economics operates on an international scale, while developing key skills, such as analysis and evaluation.
- ‘Getting started with’ chapter supports student transition from IGCSE™ to AS & A Level
- ‘Economics in context’ & ‘Think like an Economist’ features apply lessons to real-life scenarios, engaging learners in their studies
- Essay writing activities build key skills, including analysis and evaluation
- Key terms, key concepts and command words are defined for quick revision and support English as a second language learners
- Preparing for assessment chapter, including sample mark schemes, helps learners prepare for their examinations
- Mixture of local and global case studies ensures content is relevant to all learners and encourages an interest in the subject
- Find your notes quickly and easily with highlights and bookmarks
- Simple and easy to use, you can link directly into Cambridge GO from Google Classroom, Moodle, Blackboard and any other VLE. You can also access all of your Cambridge resources anytime, anywhere and create your own collection in ‘My Resources’
Contents
- How to use this series
- How to use this book
- Introduction
- Getting started with AS & A Level Economics
- Introducing command words
- 1 Basic economic ideas and resource allocation (AS Level)
- 1 Scarcity, choice and opportunity cost
- 2 Economic methodology
- 3 Factors of production
- 4 Resource allocation in different economic systems
- 5 Production possibility curves
- 6 Classification of goods and services
- End-of-unit exam-style questions
- 2 The price system and the micro economy (AS Level)
- 7 Demand and supply curves
- 8 Price elasticity, income elasticity and cross-elasticities of demand
- 9 Price elasticity of supply
- 10 The interaction of demand and supply
- 11 Consumer and producer surplus
- End-of-unit exam-style questions
- 3 Government microeconomic intervention (AS Level)
- 12 Reasons for government interventions in markets
- 13 Methods and effects of government interventions in markets
- 14 Addressing income and wealth inequality
- End-of-unit exam-style questions
- 4 The macro economy (AS Level)
- 15 National income statistics
- 16 Introduction to the circular flow of income
- 17 Aggregate demand (AD) and aggregate supply (AS) analysis
- 18 Economic growth
- 19 Unemployment
- 20 Price stability
- End-of-unit exam-style questions
- 5 Government macroeconomic intervention (AS Level)
- 21 Government macroeconomic policy objectives
- 22 Fiscal policy
- 23 Monetary policy
- 24 Supply-side policy
- End-of-unit exam-style questions
- 6 International economic issues (AS Level)
- 25 The reasons for international trade
- 26 Protectionism
- 27 Current account of the balance of payments
- 28 Exchange rates
- 29 Policies to correct imbalances in the current account of the balance of payments
- End-of-unit exam-style questions
- 7 The price system and the micro economy (A Level)
- 30 Utility
- 31 Indifference curves and budget lines
- 32 Efficiency and market failure
- 33 Private costs and benefits, externalities and social costs and benefits
- 34 Types of cost, revenue and profit, short-run and long-run production
- 35 Different market structures
- 36 Growth and survival of firms
- 37 Differing objectives and policies of firms
- End-of-unit exam-style questions
- 8 Government microeconomic intervention (A Level)
- 38 Government policies to achieve efficient resource allocation and correct market failure
- 39 Equity and redistribution of income and wealth
- 40 Labour market forces and government intervention
- End-of-unit exam-style questions
- 9 The macro economy (A Level)
- 41 The circular flow of income
- 42 Economic growth and sustainability
- 43 Employment and unemployment
- 44 Money and banking
- End-of-unit exam-style questions
- 10 Government macroeconomic issues (A Level)
- 45 Government macroeconomic policy objectives
- 46 Links between macroeconomic problems and their interrelatedness
- 47 Effectiveness of policy options to meet all macroeconomic objectives
- End-of-unit exam-style questions
- 11 International economic issues (A Level)
- 48 Policies to correct disequilibrium in the balance of payments
- 49 Exchange rates
- 50 Economic development
- 51 Characteristics of countries at different levels of development
- 52 Relationship between countries at different levels of development
- 53 Globalisation
- End-of-unit exam-style questions
- Preparing for assessment
- Glossary
- Appendix: Formulae
- Index.