Understanding Basic Economic Concepts $17.95

978-0-9951285-9-0
Previously Economics Basics published by Cengage Ltd

Understanding Basic Economic Concepts is an introductory workbook for independent study by New Zealand students who are studying Economics for the first time.

Concise notes and a wide range of activitites work together to introduce and develop definitions, concepts and skills in:

• Central concepts of Economics                                                                       
• Resources - the factors of production
• Demand
• Supply
• Changes in supply
• Market demand and market supply
• The nature of markets and non-market activities
• How the market operates
• Changes in the Market

The activities and notes are applied in a range of situations to establish and reinforce the foundation that students need in Economics.

These notes and activities have been trialled with students in New Zealand secondary schools over many years with excellent results.