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Cambridge IGCSE (R) and O Level Economics Revision Guide Colin Bamford

Cambridge IGCSE (R) and O Level Economics Revision Guide By Colin Bamford

Cambridge IGCSE (R) and O Level Economics Revision Guide by Colin Bamford


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Summary

Covers the Cambridge IGCSE syllabus (0455) and the Cambridge O Level syllabus (2281), first examination from 2020.

Cambridge IGCSE (R) and O Level Economics Revision Guide Summary

Cambridge IGCSE (R) and O Level Economics Revision Guide by Colin Bamford

Covers the Cambridge IGCSE syllabus (0455) and the Cambridge O Level syllabus (2281), first examination from 2020. Economics relates to every aspect of our lives, from the decisions we make as individuals to the structures created by governments and firms. Thinking like an economist can help us all make better choices. With exam-style questions and specific skills practice, this revision guide helps students build their knowledge and understanding of economic theory, giving them confidence to achieve their potential in examinations. Answers are at the back of the book so that students are free to self-study.

Table of Contents

Introduction; Section 1. The basic economic problem; 1. The nature of the economic problem; 2. Factors of production; 3. Opportunity cost; 4. Production possibility curves; Exam-style structured questions for Section 1; Section 2. The allocation of resources; 5. Microeconomics and macroeconomics; 6. The role of markets in allocating resources; 7. Demand; 8. Supply; 9. Price determination; 10. Causes of price changes; 11. Price elasticity of demand; 12. Price elasticity of supply; 13. Market economic system; 14. Market failure; 15. Mixed economic system; Exam-style structured questions for Section 2; Section 3. Microeconomic decision makers; 16. Money and banking; 17. Households; 18. Workers; 19. Trade unions; 20. Firms; 21. Firms and production; 22. Firms' costs, revenue and objectives; 23. Market structure; Exam-style structured questions for Section 3; Section 4. Government and the macroeconomy; 24. The role of government; 25. The macroeconomic aims of government; 26. Fiscal policy; 27. Monetary policy; 28. Supply-side policy; 29. Economic growth; 30. Employment and unemployment; 31. Inflation and deflation; Exam-style structured questions for Section 4; Section 5. Economic development; 32. Living standards; 33. Poverty; 34. Population; 35. Differences in economic development between countries; Exam-style structured questions for Section 5; Section 6. International trade and globalisation; 36. International specialisation; 37. Free trade and protection; 38. Foreign exchange rates; 39. Current account of balance of payments; Exam-style structured questions for Section 6; Suggested Answers; Glossary.

Additional information

GOR009914431
9781108440417
110844041X
Cambridge IGCSE (R) and O Level Economics Revision Guide by Colin Bamford
Used - Very Good
Paperback
Cambridge University Press
20180920
242
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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