Cambridge International AS & A Level Economics Workbook with Digital Access (2 Years) | Colin Bamford

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This series supports teachers and learners of Cambridge International AS & A Level Economics (9708).Take your learners’ studies beyond the coursebook with our new Cambridge International AS & A Level Economics workbook. Ideal for refining skills, this workbook help learners solidify their knowledge and practise what they have learnt, with worked examples and a wide selection of activities.Key skills and scaffolded exam-style activities allow learners to practise what they have learnt in the coursebookWorked examples offer step-by-step guidance and are ideal for revisionTip boxes and grouped key terms provide extra support for English as a second language learners‘Improve this answer’ activity helps learners develop evaluation skills and understand what a ‘good’ answer looks likeContentsHow to use this bookIntroductionIntroducing command wordsUnit 1Basic economic ideas and resource allocation (AS Level)1 Scarcity, choice and opportunity cost2 Economic methodology3 Factors of production4 Resource allocation in different economic systems5 Production possibility curves6 Classification of goods and servicesUnit 2The price system and the micro economy (AS Level)7 Demand and supply curves8 Price elasticity, income elasticity and cross-elasticities of demand9 Price elasticity of supply10 The interaction of demand and supply11 Consumer and producer surplusUnit 3Government microeconomic intervention (AS Level)12 Reasons for government interventions in markets13 Methods and effects of government interventions in markets14 Addressing income and wealth inequalityUnit 4The macro economy (AS Level)15 National income statistics16 Introduction to the circular flow of income17 Aggregate demand (AD) and aggregate supply (AS) analysis18 Economic growth19 Unemployment20 Price stabilityUnit 5Government macroeconomic intervention (AS Level)21 Government macroeconomic policy objectives22 Fiscal policy23 Monetary policy24 Supply-side policyUnit 6International economic issues (AS Level)25 The reasons for international trade26 Protectionism27 Current account of the balance of payments28 Exchange rates29 Policies to correct imbalances in the current account of the balance of paymentsUnit 7The price system and the micro economy (A Level)30 Utility31 Indifference curves and budget lines32 Efficiency and market failure33 Private costs and benefits, externalities and social costs and benefits34 Types of cost, revenue and profit, short-run and long-run production35 Different market structures36 Growth and survival of firms37 Differing objectives and policies of firmsUnit 8Government microeconomic intervention (A Level)38 Government policies to achieve efficient resource allocation and correct market failure39 Equity and redistribution of income and wealth40 Labour market forces and government interventionUnit 9The macro economy (A Level)41 The circular flow of income42 Economic growth and sustainability43 Employment and unemployment44 Money and bankingUnit 10Government macroeconomic issues (A Level)45 Government macroeconomic policy objectives46 Links between macroeconomic problems and their interrelatedness47 Effectiveness of policy options to meet all macroeconomic objectivesUnit 11International economic issues (A Level)48 Policies to correct disequilibrium in the balance of payments49 Exchange rates50 Economic development51 Characteristics of countries at different levels of development52 Relationship between countries at different levels of development53 GlobalisationAcknowledgements.