Brian Titley, Dan Moynihan

Complete Economics for Cambridge IGCSE® and O Level

Students of Cambridge IGCSE & O Level Economics (0455/2281)

• Broschiertes Buch

Produktbeschreibung

Completely supporting the latest Cambridge IGCSE and O Level syllabuses, Complete Economics helps build foundations for the future with a rigorous, modular approach. Drive assessment success with extensive exam guidance embedded throughout.

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Produktdetails

• Verlag: Oxford Children's Books
• 3. Auflage
• Erscheinungstermin: Juli 2024
• Englisch
• Abmessung: 277mm x 223mm x 27mm
• Gewicht: 1313g
• ISBN-13: 9780198409700
• ISBN-10: 0198409702
• Artikelnr.: 54944074

Inhaltsangabe

* Syllabus matching grid
* 1 The basic economic problem
* 1.1 The nature of the economic problem
* 1.1.1: Finite resources and unlimited wants
* 1.1.2: Economic and free goods
* 1.2 Factors of production
* 1.2.1: Definitions of the factors of production and their rewards
* 1.2.2: Mobility of the factors of production
* 1.2.3: Quantity and quality of the factors of production
* 1.3 Opportunity cost
* 1.3.1: Definition of opportunity cost
* 1.3.2: The influence of opportunity cost on decision making
* 1.4 Production possibility curves (PPC)
* 1.4.1: Definition of PPC
* 1.4.2: Points under, on and beyond a PPC
* 1.4.3: Movements along a PPC
* 1.4.4: Shifts in a PPC
* 2 The allocation of resources
* 2.1 Microeconomics and macroeconomics
* 2.1.1: Microeconomics
* 2.1.2: Macroeconomics
* 2.2 The role of markets in allocating resources
* 2.2.1: The market system
* 2.2.2: Key resources allocation decisions
* 2.2.3: Introduction to the price mechanism
* 2.3 Demand
* 2.3.1: Definition of demand
* 2.3.2: Price and demand
* 2.3.3: Individual and market demand
* 2.3.4: Conditions of demand
* 2.4 Supply
* 2.4.1: Definition of supply
* 2.4.2: Price and supply
* 2.4.3: Individual and market supply
* 2.4.4: Conditions of supply
* 2.5 Price determination
* 2.5.1: Market equilibrium
* 2.5.2: Market disequilibrium
* 2.6 Price changes
* 2.6.1: Causes of price changes
* 2.6.2: Consequences of price changes
* 2.7 Price elasticity of demand (PED)
* 2.7.1: Definition of PED
* 2.7.2: Calculation of PED
* 2.7.3: Determinants of PED
* 2.7.4: PED and total spending on a product/revenue
* 2.7.5: Significance of PED
* 2.8 Price elasticity of supply (PES)
* 2.8.1: Definition of PES
* 2.8.2: Calculation of PES
* 2.8.3: Determinants of PES
* 2.8.4: Significance of PES
* 2.9 Market economic system
* 2.9.1: Definition of market economic system
* 2.9.2: Advantages and disadvantages of the market economic system
* 2.10 Market failure
* 2.10.1: Definition of market failure
* 2.10.2: Causes of market failure
* 2.10.3: Consequences of market failure
* 2.11 Mixed economic system
* 2.11.1: Definition of the mixed economic system
* 2.11.2: Government intervention to address market failure
* 3 Microeconomic decision makers
* 3.1 Money and banking
* 3.1.1: Money
* 3.1.2: Banking
* 3.2 Households
* 3.2.1: Influences on spending, saving and borrowing
* 3.3 Workers
* 3.3.1: Factors affecting an individual's choice of occupation
* 3.3.2: Wage determination
* 3.3.3: Reasons for differences in earnings
* 3.3.4: Division of labour/specialization
* 3.4 Trade unions
* 3.4.1: Definition of a trade union
* 3.4.2: The role of trade unions in the economy
* 3.4.3: The advantages and disadvantages of trade union activity
* 3.5 Firms
* 3.5.1: Classification of firms
* 3.5.2: Small firms
* 3.5.3: Causes and forms of the growth of firms
* 3.5.4: Mergers
* 3.5.5: Economies and diseconomies of scale
* 3.6 Firms and production
* 3.6.1: Demand for factors of production
* 3.6.2: Labour-intensive and capital-intensive production
* 3.6.3: Production and productivity
* 3.7 Firms' costs, revenues and objectives
* 3.7.1: Definition of costs of production
* 3.7.2: Calculation of costs of production
* 3.7.3: Definition of revenue
* 3.7.4: Calculation of revenue
* 3.7.5: Objectives of firms
* 3.8 Market structure
* 3.8.1: Competitive markets
* 3.8.2: Monopoly markets
* 4 Government and the macroeconomy
* 4.1 The role of government
* 4.1.1: The role of government
* 4.2 The macroeconomic aims of government
* 4.2.1: The macroeconomic aims of government
* 4.2.2: Possible conflicts between macroeconomic aims
* 4.3 Fiscal policy
* 4.3.1: Definition of the budget
* 4.3.2: Reasons for government spending
* 4.3.3: Reasons for taxation
* 4.3.4: Classification of taxes
* 4.3.5: Principles of taxation
* 4.3.6: Impact of taxation
* 4.3.7: Definition of fiscal policy
* 4.3.8: Fiscal policy measures
* 4.3.9: Effects of fiscal policy on government macroeconomic aims
* 4.4 Monetary policy
* 4.5 Supply-side policy
* 4.5.1: Definition of supply-side policy
* 4.5.2: Supply-side policy measures
* 4.5.3: Effects of supply-side policy measures on government
macroeconomic aims
* 4.6 Economic growth
* 4.6.1: Definition of economic growth
* 4.6.2: Measurement of economic growth
* 4.6.3: Causes and consequences of recession
* 4.6.4: Causes of economic growth
* 4.6.5: Consequences of economic growth
* 4.6.6: Consequences of economic growth
* 4.7 Employment and unemployment
* 4.7.1: Definition of employment, unemployment and full employment
* 4.7.2: Changing patterns and level of employment
* 4.7.3: Measurement of unemployment
* 4.7.4: Causes/types of unemployment
* 4.7.5: Consequences of unemployment
* 4.7.6: Policies to reduce unemployment
* 4.8 Inflation and deflation
* 4.8.1: Definition of inflation and deflation
* 4.8.2: Measurement of inflation and deflation
* 4.8.3: Causes of inflation and deflation
* 4.8.4: Consequences of inflation and deflation
* 4.8.5: Policies to control inflation and deflation
* 5 Economic development
* 5.1 Living standards
* 5.1.1: Indicators of living standards
* 5.1.2: Comparing living standards and income distribution
* 5.2 Poverty
* 5.2.1: Definition of absolute and relative poverty
* 5.2.2: The causes of poverty
* 5.2.3: Policies to alleviate poverty and redistribute income
* 5.3 Population
* 5.3.1: The factors that affect population growth
* 5.3.2: Reasons for different rates of population growth in different
countries
* 5.3.3: The effects of changes in the size and structure of population
on different countries
* 5.4 Differences in economic development between countries
* 5.4.1: Differences in economic development between countries
* 6 International trade and specialization
* 6.1 International specialization
* 6.1.1: Specialization at a national level
* 6.1.2: Advantages and disadvantages of specialization at a national
level
* 6.2 Globalization, free trade and protection
* 6.2.1: Definition of globalization
* 6.2.2: Role of multinational companies (MNCs)
* 6.2.3: The benefits of free trade
* 6.2.4: Methods of protection
* 6.2.5: Reasons for protection
* 6.2.6: Consequences of protection
* 6.3 Foreign exchange rates
* 6.3.1: Definition of foreign exchange rate
* 6.3.2: Determination of foreign exchange rate in foreign exchange
market
* 6.3.3: Causes of foreign exchange rate fluctuations
* 6.3.4: Consequences of foreign exchange rate fluctuations
* 6.3.5: Floating and fixed foreign exchange rates
* 6.4 Current account of balance of payments
* 6.4.1: Structure
* 6.4.2: Causes of current account deficit and surplus
* 6.4.3: Consequences of current account deficit and surplus
* 6.4.4: Policies to achieve balance of payments stability