Description
Book SynopsisA range of resources for CAPE has been specially developed to meet the requirements of the CAPE syllabus. Economics for CAPE has been specially developed to meet the requirements of the CAPE Economics syllabus. Written by experienced teachers and lecturers with senior examining roles, the course aims to equip students to explain economic phenomena with particular reference to Caribbean countries. The textbook also supports students with ample preparation for the examination. Self-assessment tasks in each chapter and specimen examination papers are provided, with answers included as an appendix.
Table of ContentsUnit 1: Microeconomics - Module 1 - Methodology of Economics and demand and supply analysis, Central problem of Economics, Tools of economic analysis, Theory of consumer demand, Theory of supply, Module 2 - Market structure and Market failure, Module 3 - Distribution theory and applications of recent theoretical developments. Unit 2: Macroeconomics - Module 1 - Models of the macroeconomy, The nature of macroeconomics, National income, Classical models of the macroeconomy, The consupmption function basic Kynesian models and investment, Module 2 - Macroeconomic policy analysis, Demand and supply of money, Monetary policy and fiscal policy, Public debt, Module 3 - Growth and development and international economic relations, Growth and development, International trade, Economic integration, Balance of payments, Exchange rates, International institutions, Foreign direct investment and globalisation.
