Pearson Economics 12 Australia in the Global Economy 2024, 1st edition

Published by Pearson (October 4, 2023) © 2024

  • Tim Dixon
  • John O'Mahony

Paperback

ISBN-13: 9780655716037
Pearson Economics 12 Australia in the Global Economy 2024
Published 2023

Title overview

Pearson Economics 12: Australia in the Global Economy 2024 is the leading text for students undertaking the NSW Year 12 Economics course. It is fully aligned to the current Year 12 syllabus.

The 2024 text has been completely revised to reflect the latest developments in Australia and the global economy relevant to Year 12 students. It guides students through an understanding of the key features of the economy in 2024, including detailed analysis of the impact of Australia's changed economic policy environment under the Albanese Government, including reforms to the Reserve Bank, workplace relations and climate policies. It also covers the impact of the war in Ukraine, increased inflation and the global shift to greater industry protection.

The text includes updated graphs, end-of-chapter summaries and review questions, and revised case studies of the economies of Brazil and Indonesia.

Highlights of the 2024 edition include:

  • analysis of changes in economic policy under the Albanese Government, including reforms to the Reserve Bank of Australia, the labour market and climate policy
  • the impact of rising interest rates and the cost-of-living crisis
  • the global shift towards increased support for domestic industries
  • a detailed analysis of the 2024 Budget.
Download sample pages of Pearson Economics 12: Australia in the Global Economy 2024:

Pearson Economics 12 - Australia In The Global Economy 2024 - Student Book Topic 1 - Sample Pages >

Pearson Economics 12 - Australia In The Global Economy 2024 - Student Book Topic 4 - Sample Pages >

Table of contents

  • Topic 1 • The Global Economy
  • Chapter 1: Introduction to the Global Economy
  • Chapter 2: Trade in the Global Economy
  • Chapter 3: Globalisation and Economic Development
  • Case Study: Brazil
  • Case Study: Indonesia
  • Topic 2 • Australia's Place in the Global Economy
  • Chapter 4: Australia's Trade and Financial Flows
  • Chapter 5: Exchange Rates
  • Chapter 6: Protection in Australia
  • Topic 3 • Economic Issues
  • Chapter 7: Economic Growth
  • Chapter 8: Unemployment
  • Chapter 9: Inflation
  • Chapter 10: External Stability
  • Chapter 11: Distribution of Income and Wealth
  • Chapter 12: Environmental Sustainability
  • Topic 4 • Economic Policies and Management
  • Chapter 13: The Objectives of Economic Policy
  • Chapter 14: Fiscal Policy
  • Chapter 15: Monetary Policy
  • Chapter 16: Microeconomic and Environmental Policies
  • Chapter 17: Labour Market Policies
  • Chapter 18: Effectiveness and Limitations of Economic Policy
  • Appendix A: Key Economic Skills
  • Appendix B: Advanced Economic Analysis
  • Glossary
  • Index

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