Summary: This Teacher Guide provides answers and/or commentary to all of thequestions and exercises that appear in the textbook. It also includesadditional exercises for each chapter and practice questions for theexamination. The material is addressed to the student, and is designed to bephotocopied and distributed after students have had the opportunity towork through the exercises and questions in the textbook themselves.Where appropriate, an explanation of the answer is provided as well.
This Teacher Guide provides answers and/or commentary to all of thequestions and exercises that appear in the textbook. It also includesadditional exercises for each chapter and practice questions for theexamination. The material is addressed to the student, and is designed to bephotocopied and distributed after students have had the opportunity towork through the exercises and questions in the textbook themselves.Where appropriate, an explanation of the answer is provided as well.
Fully photocopiable Free CD-ROM Supports the textbook content
Fully photocopiable
Free CD-ROM
Supports the textbook content
Table of Contents: PART 1: Markets in actionChapter 1 Introducing economicsChapter 2 The nature of demandChapter 3 The nature of supplyChapter 4 Using the demand and supply modelChapter 5 Prices, resource allocation and market failureChapter 6 ExternalitiesChapter 7 Other forms of market failureChapter 8 Government intervention and government failureReview of Part 1PART 2: The national and international economyChapter 9 Measuring economic performanceChapter 10 Aggregate demandChapter 11 Aggregate supply and macroeconomic equilibriumChapter 12 The balance of payments and the exchange rateChapter 13 Macroeconomic policy objectivesChapter 14 Economic growthChapter 15 Macroeconomic policy instrumentsChapter 16 The international economyReview of Part 2
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.