Summary: This Teacher Guide provides answers and/or commentary to all of the questions and exercises that appear in the textbook. It also includes additional exercises for each chapter and extension material. The material is addressed to the student, and is designed to be photocopied and distributed after students have had the opportunity to work through the exercises and questions in the textbook themselves. Where appropriate, an explanation of the answer is provided as well.
Fully photocopiableFree CD-ROMSupports the textbook content
Table of Contents: PART 1 Business economics and economic efficiencyChapter 1 Firms and their motivationsChapter 2 Market structure: perfect competition and monopolyChapter 3 Market structure: monopolistic competition and oligopolyChapter 4 Pricing strategies and contestable marketsChapter 5 Government intervention to promote competitionPART 2 The global economyChapter 6 Globalisation and tradeChapter 7 The balance of payments and exchange ratesChapter 8 Monetary union and international competitivenessChapter 9 Poverty and inequality in developed and developing countriesChapter 10 Limits to growth and developmentChapter 11 Macroeconomic policies for growth and developmentChapter 12 Promoting growth and development
About the Author(s): Peter Smith is a senior lecturer in the Economics Division at the University of Southampton, and is editor of Economic Review, published by Philip Allan Updates. He is a Fellow of the Higher Education Academy, and an Associate of the Academy's Economics Network.
