Economics in the Real World Units 1 & 2 has been fully updated for the QCAA Economics Senior Syllabus being implemented at Units 1 & 2 in 2019. The student book comprehensively covers the syllabus and unit objectives using the inquiry approach valued in the syllabus, with integration of the underpinning factors throughout. The text reflects the changing Australian and global economies through current data, statistics and real-world applications.
CONTENTS Units 1 & 2 1. The economic problem 2. Economic flows 3. Market forces 4. Elasticity 5. Market failure
6. Market modification
7. Market concentration
8. Environmental economics 9. Inequality