Promotional Information

Supporting the 2011 IB Economics syllabus

Table of Contents

Microeconomics
1: The Foundations of economics
2: Demand and supply
3: Market equilibrium, the price mechanism, and market efficiency
4: Elasticities
5: Indirect taxes, subsidies and price controls
6: Costs, revenues and profits
7: Perfect competition
8: Monopoly
9: Monopolistic competition
10: Oligopoly
11: Price discrimination
12: Market failure
Macroeconomics
13: The level of overall economic activity
14: Aggregate demand
15: Aggregate supply
16: Macroeconomic equilibrium
17: Low unemployment
18: A low and stable rate of inflation
19: Economic growth
20: Equity in the distribution of income
International Economics
21: Why do countries trade?
22: Free trade and protectionism
23: Exchange rates
24: Balance of payments
25: Economic integration
26: Terms of trade
Development Economics
27: Economic development
28: Measuring development
29: Domestic factors and economic development
30: International trade and economic development
31: Foreign direct investment and economic development
32: Aid, debt and economic development
33: The balance between markets and intervention
34: Assessment advice

About the Author

Jocelyn Blink holds a Bachelor of Arts (Hons) degree in Economics and Political Studies and a Bachelor of Education degree from Queen's University in Canada. She currently teaches Economics at the Vienna International School, having previously taught in Nigeria and Canada. She has been teaching IB Economics for 16 years. She has a wide range of examining experience and has been actively involved in curriculum development.

Ian Dorton holds an undergraduate degree from Aston University and a postgraduate certificate from Birmingham University. He currently teaches Economics at the American International School of Vienna, having previously headed the departments of Economics and Business at both Sevenoaks School in the UK, and the United World College of Singapore. He has been teaching economics for 20 years and has a wide range of experience as an examiner. He has been a member of the last two IB Economics curriculum committees, and has led IB Economics workshops in Europe, Asia, and North America.

Reviews

`The more difficult conceptual material is explained in a way that is easy for students to understand. Jocelyn Blink and Ian Dorton, both Senior IB examiners for Economics, have produced, in our opinion, the best foundation text for IB Economics currently on the market.
'
Dan Glover, Head of Business and Economics, Munich International School
`Excellent textbook in every aspect. Topics are well and logically organized. High Level topic coverage, in particular, is very comprehensive. Graphs, diagrams, examples, practice problems and graphs are all very clear and instructive.'
Cindy Mueller, IB Economics Teacher, Frankfurt International School
`The Economics course book is thorough and accurately covers the course syllabus. The connection with Theory of Knowledge is outstanding.'
Economics Workshop Leader, Australia
`The Economics Course Book is, to me, is a good book - full of knowledge and illustrations so it will not be boring for the students to read. I recommend purchasing this one.
'
Dr Teddy Gomes, Deputy Head Teacher, Singapore School Kelapa Gading, Indonesia
`The Oxford course books are the best ever resource for both teachers and students. They are practical, insightful and fully in line with the IB Course outcomes.'
Pat Hanson, IB Coordinator, Academy of the Holy Cross, USA
`All of the Oxford IB course books are terrific.'
Carolyn Hawkins, IB Coordinator, Cookeville High School, USA
`We have adopted most of the Oxford IB course books for our school. We find them well written, well linked to TOK issues and age appropriate.'
Sheta Saha, IB Coordinator, Chatsworth International School, Singapore