Understanding Economics NCEA Level 1 4th edition
Author: | Dan Rennie |
$28.50(NZD) inc GST
Author: | Dan Rennie |
Introduction/Notes to students Learning activities/Exam hints 1.1 Demonstrate understanding of consumer choices, using scarcity and/or demand 1 Central concepts of Economics 2 The choices we make 3 Demand 4 Changes in demand 5 Changing household consumption patterns 6 Glossary 1.2 Demonstrate understanding of producer choices using ‘supply’ 6 Supply 7 Changes in supply 8 Glossary 1.3 Demonstrate understanding of how consumer, producer and/or government choices affect society using ‘market equilibrium’ 9 Markets, market demand and market supply 10 How the market operates 11 Changes in demand and supply 12 Government setting the price in the market 13 Subsidy and the market 14 Sales tax and the market 15 Glossary