Cambridge International AS & A Level Economics 4th Edition

This series supports teachers and learners of Cambridge International AS & A Level Economics (9708) for examination from 2023. Including a coursebook with digital access, workbook and digital teacher’s resource - explore the collection and find the perfect fit for your learning and teaching.

Introduce your learners to the world of economics with the fourth edition of our Cambridge International AS & A Level Economics series. Featuring a this coursebook with digital access, a digital coursebook, a workbook with digital access and a digital teacher’s resource, your students will gain a clear understanding of how economics operates on an international scale, while developing key skills, such as analysis and evaluation.

Features

• ‘Getting started with’ chapter supports student transition from IGCSE™ to AS & A Level
• ‘Economics in context’ & ‘Think like an Economist’ features apply lessons to real-life scenarios, engaging learners in their studies
• Essay writing activities build key skills, including analysis and evaluation
• Key terms, key concepts and command words are defined for quick revision and support English as a second language learners
• Preparing for assessment chapter, including sample mark schemes, helps learners prepare for their examinations
• Mixture of local and global case studies ensures content is relevant to all learners and encourages an interest in the subject
• Find your notes quickly and easily with highlights and bookmarks

CONTENTS

• How to use this series
• How to use this book
• Introduction
• Getting started with AS & A Level Economics
• Introducing command words
• 1 Basic economic ideas and resource allocation (AS Level)
• 1 Scarcity, choice and opportunity cost
• 2 Economic methodology
• 3 Factors of production
• 4 Resource allocation in different economic systems
• 5 Production possibility curves
• 6 Classification of goods and services
• End-of-unit exam-style questions
• 2 The price system and the micro economy (AS Level)
• 7 Demand and supply curves
• 8 Price elasticity, income elasticity and cross-elasticities of demand
• 9 Price elasticity of supply
• 10 The interaction of demand and supply
• 11 Consumer and producer surplus
• End-of-unit exam-style questions
• 3 Government microeconomic intervention (AS Level)
• 12 Reasons for government interventions in markets
• 13 Methods and effects of government interventions in markets
• 14 Addressing income and wealth inequality
• End-of-unit exam-style questions
• 4 The macro economy (AS Level)
• 15 National income statistics
• 16 Introduction to the circular flow of income
• 17 Aggregate demand (AD) and aggregate supply (AS) analysis
• 18 Economic growth
• 19 Unemployment
• 20 Price stability
• End-of-unit exam-style questions
• 5 Government macroeconomic intervention (AS Level)
• 21 Government macroeconomic policy objectives
• 22 Fiscal policy
• 23 Monetary policy
• 24 Supply-side policy
• End-of-unit exam-style questions
• 6 International economic issues (AS Level)
• 25 The reasons for international trade
• 26 Protectionism
• 27 Current account of the balance of payments
• 28 Exchange rates
• 29 Policies to correct imbalances in the current account of the balance of payments
• End-of-unit exam-style questions
• 7 The price system and the micro economy (A Level)
• 30 Utility
• 31 Indifference curves and budget lines
• 32 Efficiency and market failure
• 33 Private costs and benefits, externalities and social costs and benefits
• 34 Types of cost, revenue and profit, short-run and long-run production
• 35 Different market structures
• 36 Growth and survival of firms
• 37 Differing objectives and policies of firms
• End-of-unit exam-style questions
• 8 Government microeconomic intervention (A Level)
• 38 Government policies to achieve efficient resource allocation and correct market failure
• 39 Equity and redistribution of income and wealth
• 40 Labour market forces and government intervention
• End-of-unit exam-style questions
• 9 The macro economy (A Level)
• 41 The circular flow of income
• 42 Economic growth and sustainability
• 43 Employment and unemployment
• 44 Money and banking
• End-of-unit exam-style questions
• 10 Government macroeconomic issues (A Level)
• 45 Government macroeconomic policy objectives
• 46 Links between macroeconomic problems and their inter-relatedness
• 47 Effectiveness of policy options to meet all macroeconomic objectives
• End-of-unit exam-style questions
• 11 International economic issues (A Level)
• 48 Policies to correct disequilibrium in the balance of payments
• 49 Exchange rates
• 50 Economic development
• 51 Characteristics of countries at different levels of development
• 52 Relationship between countries at different levels of development
• 53 Globalisation
• End-of-unit exam-style questions
• Preparing for assessment
• Glossary
• Appendix: Formulae
• Index