Name: Economics for the IB Diploma with CD-ROM (with CD-ROM)
Author: Ellie Tragakes
Publisher: Cambridge University Press
Published: 27 August 2009
Pages: 504
ISBN: 0521744342

My Review

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This book is available for $43 or £22.50

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

My Review

The book contains a lot of useful information for both Standard and Higher. I actually like the diagrams in this book! Everything is clear to understand and easy to replicate into your own note form. Some things may be confusing if you don’t have a solid background and/or your teacher hasn’t covered the topic you are reading from.

The book retails for around £18 or $38.

The book does have, like the other Oxford University Press books, a lack of colour! This book is mostly in blue, which isn’t as bad as orange, but can still get a bit boring after a while!

The above review has been provided by a friend of mine which studies Economics. I don’t own this book personally, but I trust their judgement.

Pros
Great content
Good price
Helpful diagrams
Useful essay questions

Cons
Lack of colour (blue only)