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Australia in the Global Economy 2018 Student Book with Reader+

By Tim Dixon, John O'Mahony
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Australia in the Global Economy is the leading Economics textbook in Australia, written for HSC students and aligned to the current HSC syllabus.

The access code will give 15 months access to the Reader+ eBook from the date of activation

The 2018 text has been completely revised to reflect the latest developments in Australia and the global economy relevant to Year 12 students. It guides students through an understanding of the key features of the economy in 2018, including the Turnbull Government’s economic priorities, Australia’s economic performance in the decade since the global financial crisis, the end of the commodity price boom, Australia’s energy policy debate, the backlash against globalisation, the global economy in the era of the Trump Administration and ‘Brexit’ in Europe.

It includes updated graphs, end-of-chapter summaries and review questions, and revised case studies of the economies of Brazil and Indonesia.

Product details
Published date
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Pearson Australia
Table of contents
  • Chapter 1 Introduction to the Global Economy
  • Chapter 2 Trade in the Global Economy
  • Chapter 3 Globalisation and Economic Development
  • Chapter 4 Australia’s Trade and Financial Flows
  • Chapter 5 Exchange Rates
  • Chapter 6 Protection in Australia
  • Chapter 7 Economic Growth
  • Chapter 8 Unemployment
  • Chapter 9 Inflation
  • Chapter 10 External Stability
  • Chapter 11 Distribution of Income and Wealth
  • Chapter 12 Environmental Sustainability
  • Chapter 13 The Objectives of Economic Policy
  • Chapter 14 Fiscal Policy
  • Chapter 15 Monetary Policy
  • Chapter 16 Microeconomic and Environmental Policies
  • Chapter 17 Labour Market Policies
  • Chapter 18 Effectiveness and Limitations of Economic Policy
  • Appendix A Key Economic Skills
  • Appendix B Advanced Economic Analysis
  • Glossary
  • Index

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Features & benefits
The text is divided into four topics, following the structure of the HSC Economics syllabus. Each topic is introduced by a page which includes the relevant focus, issues and skills for that topic, reflecting the syllabus objectives. This is followed by a clear introduction to each chapter within the topic.

Throughout the text there are references to useful websites relevant to that area of study.

Each chapter concludes with a ten-point chapter summary and chapter review questions. The chapter summary is a good starting point for students’ notes on each chapter, and the review questions are a great way to test their understanding of the chapter.

The comprehensive glossary at the back of the text provides a ready reference for over 350 key economics terms and concepts.

A unique feature of the text is its two appendices, located at the back of the book.

Appendix A: Key Economics Skills gives students the opportunity to master the 23 skills outlined in the HSC Economics syllabus. The appendix covers three main areas: drawing and interpreting economic diagrams; equations and calculations; and interpreting economic data and information. By working through this material, students will develop and reinforce the key economic skills.

Appendix B: Advanced Economic Analysis provides extension material beyond the HSC Economics Syllabus for students seeking an extra challenge.

Each student book comes with Reader+ the next generation eBook. Easy to use and reliable, Reader+ gives you access to the eBook version of your Student Book as well as bonus multimedia content. Reader+ is built to work both online and offline making content readily available anytime, anywhere in every school.
Author biography
Tim Dixon is a former senior economic adviser and chief speechwriter for two Australian Prime Ministers. He is the co-founder and Managing Director of Purpose Europe, a London-based media company that builds new social movements to address some of the world’s biggest challenges. Tim began helping Economics students after coming top of the state in his HSC exam, and in 1994 he founded an educational publishing business. After graduating with a First Class Honours degree in Economics from Sydney University and a Law degree from the UNSW, he was a technology lawyer at global law firm Baker & McKenzie.

John O’Mahony is a Partner at Deloitte Access Economics in Sydney, where he specialises in trends in the digital economy. He has worked at the Australian Financial Review, in the University of Sydney’s Faculty of Economics and Business, for the NSW Government and as a senior adviser for two Australian Prime Ministers. John was awarded the University of Sydney Medal for his First Class Honours degree in Commerce (Liberal Studies) and has co-authored economics textbooks for over fifteen years.