IB Economics: Course Companion

The new edition of this bestselling course book has been specifically designed to support the student through the IB Diploma Programme in Economics. Written by experienced authors and examiners for the 2011 syllabus content, this book provides students with materials and activities that will help them towards success in the course. It also offers advice and guidance to help students address the new quantitative elements of the syllabus. It now comes with even more material on a brand new student CD-ROM, offering 17 handy revision sheets, specimen papers, a glossary and weblinks for further research. In addition the book provides activities integrated with study and learning approaches, TOK, and the IB learner profile to ensure that students are fully rounded participants in the programme. Examples, features, and case studies drawn from around the world will also encourage students to develop an international perspective. The more difficult conceptual material is explained in a way that is easy for students to understand. Jocelyn Blink and Ian Dorton, both Senior IB examiners for Economics, have produced, in our opinion, the best foundation text for IB Economics currently on the market. Dan Glover, Head of Business and Economics, Munich International School Excellent textbook in every aspect. Topics are well and logically organized. High Level topic coverage, in particular, is very comprehensive. Graphs, diagrams, examples, practice problems and graphs are all very clear and instructive. Cindy Mueller, IB Economics Teacher, Frankfurt International School The Economics course book is thorough and accurately covers the course syllabus. The connection with Theory of Knowledge is outstanding. Economics Workshop Leader, Australia The Oxford course books are the best ever resource for both teachers and students. They are practical, insightful and fully in line with the IB Course outcomes. Pat Hanson, IB Coordinator, Academy of the Holy Cross, USA All of the Oxford IB course books are terrific. Carolyn Hawkins, IB Coordinator, Cookeville High School, USA We have adopted most of the Oxford IB course books for our school. We find them well written, well linked to TOK issues and age appropiate. Sheta Saha, IB Coordinator, Chatsworth International School, SingaporeMICROECONOMICS ; 1. The Foundations of economics ; 2. Demand and supply ; 3. Market equilibrium, the price mechanism, and market efficiency ; 4. Elasticities ; 5. Indirect taxes, subsidies and price controls ; 6. Costs, revenues and profits ; 7. Perfect competition ; 8. Monopoly ; 9. Monopolistic competition ; 10. Oligopoly ; 11. Price discrimination ; 12. Market failure ; MACROECONOMICS ; 13. The level of overall economic activity ; 14. Aggregate demand ; 15. Aggregate supply ; 16. Macroeconomic equilibrium ; 17. Low unemployment ; 18. A low and stable rate of inflation ; 19. Economic growth ; 20. Equity in the distribution of income ; INTERNATIONAL ECONOMICS ; 21. Why do countries trade? ; 22. Free trade and protectionism ; 23. Exchange rates ; 24. Balance of payments ; 25. Economic integration ; 26. Terms of trade ; DEVELOPMENT ECONOMICS ; 27. Economic development ; 28. Measuring development ; 29. Domestic factors and economic development ; 30. International trade and economic development ; 31. Foreign direct investment and economic development ; 32. Aid, debt and economic development ; 33. The balance between markets and intervention ; 34. Assessment advice