Senior Economics: NCEA Level 3 eBook - 1 year lease, 2nd edition

Published by Pearson (February 5, 2013) © 2013

VitalSource eTextbook

ISBN-13: 9781486010080
Senior Economics: NCEA Level 3 eBook - 1 year lease
Published 2013

Title overview

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About the book

Senior Economics has been revised to make the language and ideas of Economics more accessible than ever, while retaining the intellectual rigour of the subject that is rewarding in its own right. Throughout the text, up-to-date examples and case studies are used to enhance students' understanding, which is tested at frequent intervals by carefully written activities and exercises. Flowcharts, photographs, lists, learning objectives, graphs and tables, all in full colour, have been provided throughout for today's visually sophisticated learners.

Table of contents

Introduction

Section A Resource allocation through the market system
A1 The nature of economics and the economic problem
A2 Marginal utility and the shape of the individual demand curve
A3 Movements along and shifts of a market demand curve
A4 Elasticity of demand
A5 Production and costs
A6 Movements along and shifts of the supply curve
A7 Price elasticity of supply
A8 Market equilibrium
A9 Analysis of factor and commodity markets
A10 Equilibrium for a perfectly competitive firm
A11 Comparing equilibrium situations for monopoly and perfect competition
A12 Behaviour of firms in other market structures

Section B Resource allocation through the state sector
B1 Framework for government intervention
B2 Externatilies
B3 Merit/demerit goods and public goods
B4 Natural monopolies
B5 Equity and efficiency

Section C From micro- to macro-economics
C1 Circular flow of income and spending
C2 Aggregate supply and demand model
C3 Monetary policy
C4 Government finance and fiscal policy
C5 Balance of payments and the foreign exchange market
C6 AD/AS analysis of monetary and fiscal policies

Glossary/Index
List of abbreviations

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