Carlong Publishers (Caribbean) Limited
Carlong Economics for CSEC® With SBA, Study Guide & Exercises
Karlene Robinson, Novelette Cooke
Business & Money
Carlong Economics for CSEC® With SBA, Study Guide & Exercises
US$ 28.00
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Description
Contents
Reviews

Carlong Economics for CSEC® With SBA, Study Guide & Exercises is a new comprehensive textbook and study guide that responds to all the objectives of the new CSEC economics syllabus. The text is student-friendly and is well-organized into three parts: Part 1 introduces the text and gives an overview of the syllabus requirements, to both students and teachers; Part 2 covers the 7 different syllabus sections; and Part 3 includes SBA preparation, Study Guide, practice tests, exercises and answers.

Look out for!
• Numerous practice exercises and discussion points to test understanding
• Applying the Concepts which test understanding by using case studies, stimuli or situations that relate to economics in the real world
• Practice examination questions with Guide to Responses and Sample Responses
• Full length test papers which include simulated essay type examination questions to meet the requirements of the CSEC economics examination
• Detailed and structured guide to writing CSEC School Based Assessment (SBA) projects
• Index/Glossary of key terms provide quick references
• Guidelines on how to do well in the examination
• Caribbean focus
• Online support material on Carlong’s Learning Portal to help students with the more challenging exam topics

Language
English
ISBN
978-976-638-294-0
Preliminary pages
Contents
PART 1
Introduction
Preparation and Advice
To the Teacher
To the Student
Objectives of the CSEC Economics Syllabus
Meeting the Challenges of the CSEC Syllabus
Organization of the Syllabus
Format of the Economics Examination
PART 2
Section 1: The Nature of Economics
Introduction to section
Objectives and Overview
What is Economics?
Economics as a Social Science
Definition of Economics
Role of Economics
Needs Versus Wants
The Economic Problem
Scarcity
Unlimited Wants and Scarce Resources
Choice
Opportunity Cost
Economic Choices and Efficiency
Full Production
Shifts in the PPF and the Law of Increasing Opportunity Costs
Constant Opportunity Cost
Circular Flow of Income
Goods and Services
Economies
The Economy as a Mechanism
Fundamental Economic Questions
Main Sectors in an Economy
Applying the Concepts
Summary of Terms
Summary of Section
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 2: Production, Economic Resources and Resource Allocation
Introduction to section
Objectives
Overview
Resource Allocation
Economic Systems
Business Organizations
Types of Business Organizations
Production
Producers and Consumers
Factors of Production
Revenue and Profits
Specialization or Division of Labour
Why Specialization?
Economies of Scale
Applying the Concepts
Summary of Section
Summary of Terms
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 3A: Markets and Prices
Introduction to section
Objectives
Overview
The Market
Consumer Demand
Difference between Movements along the Demand Curve and Shifts in the Demand Curve
The Market Demand Curve
Theory of Supply
Elasticity
Ranges of Price Elasticity
Applying the Concepts
Summary of Section
Summary of Terms
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 3B: Market Structures
Introduction to section
Objectives
Overview
Market Structures
Cost Curves
Types of Market Structures
Perfect Competition
Monopoly
Oligopoly
Market Failure
Why Markets Fail
Consequences of Market Failure
Applying the Concepts
Summary of Section
Summary of Terms
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 4: The Financial Sector
Introduction to section
Objectives and Overview
The Financial System
The Financial Sector
The Informal Sector
Importance of Money
Development of Money
Money Supply
The Central Bank
Commercial Banks
Money Multiplier
Credit Creation and its Influence on the Money Supply
Other Financial Institutions
Stock Exchanges or Markets
Shares Markets
Development Banks
Insurance Companies
Mutual Funds
Building Societies
Unit Trusts
Investment Trust Companies
Informal Credit Institutions
Types of Financial Markets
Types of Financial Instruments
Treasury Bills, Notes and Bonds
Corporate Bonds
Municipal Bonds
Equity Securities
Applying the Concepts
Summary of Section
Summary of Terms
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 5: Economic Management: Policies and Goals
Introduction to section
Objectives
Overview
The Economy
How the Economy Works
Inflation
Inflation and Recession
How Fiscal Policy Influences the Price Level of an Economy
Unemployment and Recession
Role of Trade Unions in an Economy
The Role of Trade Unions in a Free-market Economy
Government Policies to Correct Macroeconomic Problems
Promoting Growth and Development
Recessionary and Inflationary Gaps
Determining Economic Growth
Budget
Monetary Policy
Applying the Concepts
Summary of Section
Summary of Terms
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 6: International Trade
Introduction to section
Objectives
Overview
International Trade
Rationale for International Trade
Gains or Benefits from Trade
Terms of Trade
Exchange Rates
Setting the Price of a Currency
The Balance of Payments
What is the Balance of Payments
Balance of Payments Disequilibria
Applying the Concepts
Summary of Section
Summary of Terms
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
Section 7: Caribbean Economies in a Global Environment
Introduction to section
Objectives
Overview
Challenges faced by Caribbean Economies
Characteristics of Caribbean Economies
Major Problems of Caribbean Economies
Terms and Concepts Associated with Caribbean Economies
Motivation for Economic Integration Efforts
Failure of Integration Efforts
Examples of Economic Integration in the Caribbean and Around the World
Protectionism
Laissez-faire
Globalization
Trade Liberalization
Bilateral Agreement
International Community Assistance to the Caribbean
Foreign Direct Investment
Globalization
Economic Features of Globalization
Benefits of Globalization to the Caribbean
Challenges of Globalization
CSME and Globalization
Effects of Globalization
E-commerce or E-business
Summary of Section
Summary of Terms
Applying the Concepts
Questions and Guide to Answers
Multiple Choice Questions
Coursework Assignments
PART 3
Your Examination and You
A Guide to Writing Your School Based Assessment
A Guide to CSEC Paper 03/2 – Case Study
Preparation Before the Examination
Practice Papers
Simulated Multiple Choice Questions – Test 1 Paper 01
Simulated Examination Question Papers – Test 1 Paper 02
Simulated Multiple Choice Questions – Test 2 Paper 01
Simulated Examination Question Papers – Test 2 Paper 02
Simulated Multiple Choice Questions – Test 3 Paper 01
Simulated Examination Question Papers – Test 3 Paper 02
Glossary/Index
Acknowledgements
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