Year 11 Economics Workbook: NCEA Level 1, 3rd edition

Published by Pearson (March 10, 2011) © 2011

  • Geoff Evans

Paperback

ISBN-13: 9781442539235
Year 11 Economics Workbook: NCEA Level 1
Published 2011

Title overview

The market is central to New Zealand’s economy. Understanding how it works enables us to understand our own economic participation – our own role in the economy.

This workbook focuses on the Economics Achievement Objectives at Level 6 of the New Zealand Curriculum and the Achievement Standards for NCEA Level 1 Economics. Each chapter begins with a list of learning objectives that identify what students need to know, and contains brief content notes, along with questions and activities to help students consolidate and test their knowledge and understanding. Full answers are in the back of the book.

Table of contents

01 Consumer choices 1.1
02 Consumer demand  1.1
03 Changes in consumer demand 1.1
04 Producers 1.2
05 Goals of producers 1.2
06 Resources used in production 1.2
07 Increasing the efficiency of firms 1.2
08 Supply 1.3
09 Changes in supply 1.3
10 Competition between firms 1.3
11 Market equilibrium 1.4
12 Changes in market equilibrium 1.4
13 Government controls on the market 1.4
14 Interdependence of sectors of the economy 1.6
15 Markets and the circular flow 1.6
16 Flow-on effects of an economic event 1.6
17 Government choice with differing viewpoints 1.5

Answers
Glossary

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