


Name: IB Study Guide: Economics for the IB Diploma
Author: Constantine Ziogas
Publisher: Oxford University Press
Published: 2008
Pages: 208
ISBN: 0199152284
My Review
I do not own this book, therefore I will not be able to submit a review for it. However, if you you own the book, please feel free to submit a review using the comments section!
I do own another book in the Study Guide range from the Oxford University Press, Biology, and it is clearly set out and a great revision aid, from what I know of the quality of the Oxford University Press books so far, I can safely say that this is a good book.
The book is available for £17 or $37.
Contents of Study Guide
1 Introduction
Scarcity
The fundamental questions of Economics
2 Microeconomics
The behaviour of consumers
The behaviour of producers
Equilibrium
The question of resource allocation
Elasticity
Price Controls
Indirect taxation and subsidies
Agriculture and agricultural policy
Theory of production
Cost theory
Goals of firms
Market structures
Market failures
IB Questions: Sections 1 and 2
3 Macroeconomics
Measuring overall economic activity
The concept of equilibrium in economics
Introducing aggregate demand and aggregate supply
The trade of business cycle
The components of aggregate demand
A closer examination of aggregate supply
The effects of AD/AS shifts
Demand-side policies
Supply-side policies
Inflation
Unemployment
The Phillips curve
Distribution of income
Inflationary and deflationary gaps: an alternative presentation
Schools of economic though: a brief outline
IB questions: Section 3
4 International Economics
Free trade and welfare
Specialization
Protectionism
Forms of Protectionism
Economic integration and trade liberalization
Exchange rates
The balance of payments
Correcting imbalances
The terms of trade
IB Questions: Section 4
5 Development Economics
Characteristics of developing economies
Measuring economic development
Sources of long-run growth
Barriers to growth and development
Looking beyond growth: sources of development
Foreign direct investment and the multinational enterprise
Foreign Aid
Trade and development
Indebtedness
Structuralist models of development
IB Questions: section 5
Glossary of Syllabus Terms
Guidance for Students of Evaluation
Guidance for Students on Diagrams
Review Questions Using Diagrams
Index




