Economics Down Under Book 2 VCE Economics Units 3&4 8E eBookPLUS (Online Purchase)
|Pub date||October 2013|
The Economics Down Under series presents completely up-to-date statistics and economic analysis in an engaging new design, to aid student understanding. It specifically follows the VCE Economics Units 3 and 4 study design for 2010–2015.
• use of photographs and cartoons to help demystify Economics
• regular review questions to ensure student learning is reinforced and key concepts are understood
• definitions of economic terms included on the page they’re introduced
• examples of school-assessed coursework including a range of data investigations and analysis tasks
• multiple choice questions, chapter summaries and concept maps for easy revision
• end-of-year examination tips and strategies
• up-to-date comprehensive economics dictionary
• weblinks to key economic bodies and updated data and statistics
• webquest activities that allow students to use the internet for analysis, synthesis and evaluation of information
• updated tables from the book reproduced as Excel documents
Economics Down Under Book 2 Units 3 & 4, Eighth Edition eBookPLUS, is a digital-only 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 (http://www.jacplus.com.au/).
> eBookPLUS resources include:
• Access from any digital device PC/MAC/iPad/Android Tablet.
• Worksheets - Word documents designed for easy customisation and editing.
• Interactivities and games to reinforce and enhance student learning.
• eLessons - engaging video clips and supporting material.
• Weblinks to relevant support material on the internet.
• ProjectsPLUS - unique ICT-based projects that provide opportunities for students to demonstrate creativity, thinking skills and teamwork.
• eBookPLUS resources are cost effective, ranging in price from $25.95 - $53.95 depending on your subject area.
How to use this book
Economic activity and the Australian economy
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 other reasons for government intervention in Australia’s economy
1.9 Other influences on Australia’s resource allocation
1.10 Revisiting living standards
Macroeconomics: output, employment and income in the Australian economy
2.1 The nature and purpose of macroeconomic activity
2.2 The business cycle and the level of economic activity
2.3 Indicators of the level of economic activity
2.4 Using the circular flow model to look at the influences on economic activity
2.5 Aggregate demand as an influence on Australia’s cyclical level of economic activity
2.6 Aggregate supply as an influence on Australia’s economic activity
2.7 Factors affecting recent trends in Australia’s level of economic activity to 2013
2.8 Using the aggregate demand–supply diagram to show changes in economic activity
Macroeconomic activity and the Australian government’s economic goals
3.2 The goal of low inflation (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
Economic management of the Australian economy
Managing aggregate demand using budgetary policy
4.1 Definition of budgetary policy
4.2 The recent aims or priorities of budgetary policy
4.3 The nature of specific budgetary policies
4.4 Using budgetary policy to pursue low inflation, strong economic growth, full employment and better living standards
4.5 Using budgetary policy to pursue external stability and improved living standards
4.6 Using budgetary policy to help promote equity in income distribution and better living standards
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 inflation, strong and sustainable economic growth, full employment and better living standards
5.5 Recent relationships between monetary and budgetary policies in managing aggregate demand to 2013
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 2013
6.3 The nature and operation of supply-side budgetary policies to 2013
6.4 The nature and operation of immigration policy as a supply-side measure to 2013
6.5 The nature and operation of environmental policy as an influence on aggregate supply to 2013
6.6 Relationships between aggregate supply and aggregate demand policies in the government’s current policy mix to 2013