Buy Economics Down Under Book 2 VCE Economics Units 3 and 4 7E and EBookPLUS
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Home > Business and Economics Books > Economics > Economics Down Under Book 2 VCE Economics Units 3 and 4 7E and EBookPLUS: (13 Economics Down Under Series)
Economics Down Under Book 2 VCE Economics Units 3 and 4 7E and EBookPLUS: (13 Economics Down Under Series)

Economics Down Under Book 2 VCE Economics Units 3 and 4 7E and EBookPLUS: (13 Economics Down Under Series)


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About the Book

Economics Down Under Book 2, 7th Edition specifically follows the VCE Economics Units 3 and 4 study design for 2010-2014. KEY FEATURES: * Completely up-to-date statistics and economic analysis * Extensive multiple-choice and short-answer questions for exam preparation * Examples of school-assessed coursework, including a range of data investigations and analysis tasks * Review questions at regular intervals to ensure understanding of key concepts * Definitions of economic terms included at regular intervals throughout the text * Photographs, cartoons and easy-to-read charts to aid understanding Economics Down Under, Book 2, 7th Edition features eBookPLUS - an electronic version of the textbook and a complementary set of targeted digital resources. These flexible and engaging ICT activities are available online at the JacarandaPLUS website (

Table of Contents:
About eBookPLUS. How to use this book. ICT activities. Acknowledgements. UNIT 3 Economic activity and the Australian economy. Chapter 1 Microeconomics: living standards, the market system and resource allocation in Australia. 1.1 Understanding the concept of living standards. 1.2 What is economics? 1.3 Relative scarcity. 1.4 Choice, resource allocation and opportunity cost. 1.5 Australia's economic system. 1.6 Some microeconomics - how Australia's market or price system makes important decisions. 1.7 More microeconomics - using demand-supply diagrams to show the operation of the price system. 1.8 Market failure and the need for government intervention to improve the allocation of Australia's resources. 1.9 Other infl uences on Australia's resource allocation. 1.10 Revisiting living standards. Chapter 2 Macroeconomics: output, employment and income in the Australian economy. 2.1 The nature and purpose of macroeconomic activity 45 2.2 The business cycle and the level of economic activity 46 2.3 Indicators of the level of economic activity 48 2.4 Using the circular fl ow model to look at the influences on economic activity. 2.5 Aggregate demand as an infl uence on Australia's cyclical level of economic activity. 2.6 Aggregate supply as an infl uence on Australia's economic activity. 2.7 Factors affecting recent trends in Australia's level of economic activity to 2010-11. 2.8 Using the aggregate demand-supply diagram to show changes in economic activity. Chapter 3 Macroeconomic activity and the Australian government's economic goals. 3.1 Introduction. 3.2 The goal of low infl ation (stability of the Australian currency). 3.3 The goal of strong and sustainable economic growth. 3.4 The goal of full employment. 3.5 The goal of external stability. 3.6 The goal of equity in income distribution. UNIT 4 Economic management of the Australian economy. Chapter 4 Managing aggregate demand using budgetary policy. 4.1 Defi nition of budgetary policy. 4.2 The aims of budgetary policy. 4.3 The nature of specific budgetary policies. 4.4 Using budgetary policy to pursue low infl ation, strong economic growth, full employment and better living standards, 2006-11. 4.5 Using budgetary policy to pursue external stability and improved living standards, 2006-11. 4.6 Using budgetary policy to help promote equity in income distribution and better living standards, 2006-11. Chapter 5 Managing aggregate demand using monetary policy. 5.1 Definition of monetary policy and the financial system. 5.2 The aims of monetary policy. 5.3 The nature of specific monetary policies. 5.4 Using monetary policy to pursue low infl ation, strong economic growth, full employment and better living standards, 2006-11. 5.5 The relationships between monetary and budgetary policies in managing aggregate demand. Chapter 6 Policies for managing aggregate supply. 6.1 Definition and aims of aggregate supply policies. 6.2 The nature and operation of microeconomic reform policies to 2011. 6.3 The nature and operation of supply-side budgetary policies to 2011. 6.4 The nature and operation of immigration policy as a supply-side measure to 2011. 6.5 The nature and operation of environmental policy as an influence on aggregate supply to 2011. 6.6 Relationships between aggregate supply and aggregate demand policies in the government's current policy mix to 2011. End-of-year examination. Multiple-choice answers. Economics dictionary. Index.


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Product Details
  • ISBN-13: 9780730338888
  • Publisher: John Wiley & Sons Australia Ltd
  • Publisher Imprint: Jacaranda Wiley, Australia
  • Series Title: 13 Economics Down Under Series
  • ISBN-10: 0730338886
  • Publisher Date: 24 Jun 2011
  • Binding: Paperback
  • Weight: 938 gr


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Economics Down Under Book 2 VCE Economics Units 3 and 4 7E and EBookPLUS: (13 Economics Down Under Series)
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