This book is designed to provide you with a comprehensive introduction to the fundamental principles of economics, aimed at year 10 & 11 students, but also those year 12 students who are studying A level, and are maybe new to the subject. Economics is the study of how individuals, businesses, and governments make decisions about how to allocate scarce resources. These decisions have significant impacts on our daily lives, from the prices we pay for goods and services to the types of jobs available in our communities. Studying economics should give you the tools to tackle all of the big problems the world currently faces, from inequality to climate change. In this book, you will explore the key concepts of microeconomics and macroeconomics, including supply and demand, market structures, national income, inflation, and unemployment. You will also learn about the role of government in the economy, including fiscal and monetary policy, as well as global economic issues such as international trade and globalisation.

Study guide including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.2.1 Markets and allocation of resources including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.1.1 Economic activity including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.3.3 Equilibrium price including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for3.1.3.2 Supply for goods and services including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.2.2 Economic sectors including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.2.3 Specialisation, division of labour, and exchange including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.2.2 Economic sectors including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.1.3 Making choices including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide for 3.1.1.2 The factors of production including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle

Study guide including Key terms Explainers of the main topics Articles to read Classroom activity Exam based questions and answers Powerpoint Outline of key points Classroom activities Questions to tackle