Hodder Education
Economics for the IB Diploma
Economics for the IB Diploma
US$ 87.59
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Description
Contents
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Developed in cooperation with the International Baccalaureate®

Ensure full coverage of the new syllabus with this comprehensive guide written by highly experienced authors, that explores all topics through inquiry, concepts, content and contexts and their interrelationships with each other.
- Explore economics through the nine key concepts in the new course with our newly developed acronym for a deeper and more integrated understanding of the subject.
- Includes new integrated subtopics of Economics of the environment and Economics of inequality and poverty which helps bring to light the global challenges facing the planet today and how these can be addressed using an Economics lens.
- Apply new skills and knowledge to everyday life with examples and case studies.
- Foster the attributes of the lB learner profile with explicit reference made throughout, as well as TOK links for every topic.
- Prepare for the new assessment model with exam-style questions and review questions.
- Avoid common mistakes and aim for the best grades with expert tips and hints.

Language
English
ISBN
9781510479296
Cover
Title Page
Copyright
Contents
Introduction
Introduction to economics
CHAPTER 1 What is economics?
CHAPTER 2 How do economists approach the world?
Microeconomics
CHAPTER 3 Demand
CHAPTER 4 Supply
CHAPTER 5 Competitive market equilibrium
CHAPTER 6 Critique of the maximizing behaviour of consumers and producers (HL only)
CHAPTER 7 Elasticity of demand – price elasticity of demand (PED)
CHAPTER 8 Elasticity of demand – income elasticity of demand (YED)
CHAPTER 9 Elasticity of supply
CHAPTER 10 Role of government in microeconomics
CHAPTER 11 Market failure – externalities and common pool (common access) resources
CHAPTER 12 Market failure – public goods
CHAPTER 13 Market failure – asymmetric information (HL only)
CHAPTER 14 Market failure – market power (HL only)
CHAPTER 15 The market’s inability to achieve equity (HL only)
Macroeconomics
CHAPTER 16 Measuring economic activity and illustrating its variations
CHAPTER 17 Variations in economic activity: aggregate demand and aggregate supply
CHAPTER 18 Macroeconomic objectives – economic growth
CHAPTER 19 Macroeconomic objectives – low unemployment
CHAPTER 20 Macroeconomic objectives – low and stable rate of inflation
CHAPTER 21 Macroeconomic objectives – sustainable level of government (national debt) (HL only)
CHAPTER 22 Macroeconomic objectives – potential conflict between macroeconomic objectives
CHAPTER 23 Economics of inequality and poverty
CHAPTER 24 Demand management (demand-side policies) – monetary policy
CHAPTER 25 Demand management – fiscal policy
CHAPTER 26 Supply-side policies
The global economy
CHAPTER 27 Benefits of international trade
CHAPTER 28 Types of trade protection
CHAPTER 29 Arguments for and against trade controls/protection
CHAPTER 30 Economic integration
CHAPTER 31 Exchange rates
CHAPTER 32 Balance of payments
CHAPTER 33 Sustainable development
CHAPTER 34 Measuring development
CHAPTER 35 Barriers to growth and/or economic development
CHAPTER 36 Economic growth and/or economic development strategies
Glossary
Index
Acknowledgements
Backcover

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