Tragakes E. Economics for the IB Diploma

2nd Edition. — Cambridge University Press, 2012. — 746 p. — (IB Diploma). — ISBN: 978-0-521-18640-7.A comprehensive new edition of Economics for the IB Diploma. This lively textbook, available in both print and e-book formats, offers comprehensive coverage of the Economics syllabus for the International Baccalaureate (IB) Diploma at both Standard and Higher Levels. This new edition is written by a highly experienced author and former IB Economics Chief Examiner and has been extensively revised to meet the requirements of the new syllabus (effective 2011). The print book includes a CD-ROM of supplementary materials including a chapter on quantitative techniques and extensive exam practice. These supplementary materials are also included in the e-book version for an all-in-one solution.The foundations of economics
Microeconomics
Competitive markets: demand and supply
Elasticities
Government intervention
Market failure
The theory of the firm I: Production, costs, revenues and profit (Higher level topic)
The theory of the firm II: Market structures (Higher level topic)
Macroeconomics
The level of overall economic activity
Aggregate demand and aggregate supply
Macroeconomic objectives I: Low unemployment, low and stable rate of inflation
Macroeconomic objectives II: Economic growth and equity in the distribution of income
Demand-side and supply-side policies
International economics
International trade
Exchange rates and the balance of payments
Economic integration and the terms of trade
Development economics
Understanding economic development
Topics in economic development
Foreign sources of finance and foreign debt
Consequences of economic growth and the balance between markets and intervention
Supplementary materials