Economics for Business

Economics for Business is print only. Economics for Business 4th Edition provides students with a valuable introduction to economics, bringing a challenging subject to life by providing careful explanations and straightforward examples of economic concepts.

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Scope

Economics for Business, 4th Edition is written for students of Advanced Diploma of Accounting in the FNS10 Financial Services Training Package and for introductory economics units at undergraduate level.

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Content

PART 1: Economic Concepts and Systems

• Ch. 1: Economic concepts
• Ch. 2: Economic systems

PART 2: The Price Mechanism

• Ch. 3: Demand, supply and equilibrium
• Ch. 4: Price and income elasticity

PART 3: Market Structures

• Ch. 5: Market structures and the Australian capitalist economy
• Ch. 6: Contemporary market capitalism: Price and output determination in different market structures

Appendix to Chapter 6: Break-even analysis

• Ch. 7: Government market intervention in the Australian economy

PART 4: Fundamental Macroeconomic Concepts

• Ch. 8: The circular flow
• Ch. 9: Measuring the economy–s size and growth
• Ch. 10: Aggregate demand and aggregate supply
• Ch. 11: The labour force
• Ch. 12: Inflation

PART 5: The Australian Financial System

• Ch. 13: Money and interest
• Ch. 14: Financial institutions
• Ch. 15: Financial regulation: Australian and global trends

PART 6: Wealth Creation

• Ch. 16: Wealth creation

Appendix to Chapter 16: Financial modelling techniques for business and personal decisions PART 7: Australia in the International Economy

• Ch. 17: Australia–s international trade and investment
• Ch. 18: The balance of payments
• Ch. 19: The exchange rate

PART 8: Economic Policies

• Ch. 20: Structural change
• Ch. 21: Macroeconomic management in Australia
• Ch. 22: Fiscal policy
• Ch. 23: Monetary policy
• Ch. 24: External policy

PART 9: Economic Growth and Development

• Ch. 25: Economic growth
• Ch. 26: Economic development