Have you ever wondered what jobs we will do in the future, or why some brands of shoes cost more than others? What about why some footballers get paid so much or why some people are poor? Explore these and many other questions as you begin your study of economics. Working in groups and on your own, you’ll learn to make judgements and see how economics connects with your life. You can use this book alongside the coursebook for extra support or as perfect preparation before Cambridge IGCSE or O Level Economics. Answers are at the back of the book, giving teachers the option to set it as summer work before students start studying economics.
How to use Getting Started with Economics
Section 1. Introduction: 1. What is economics?
2. The benefits of studying economics
3. Famous people who have studied economics
Section 2. Key economic ideas: 4. Should the school leaving age be raised?
5. Why are some brands of trainers (sneakers) so expensive?
6. Why do some footballers earn more than $30 million a year?
7. Why are some people poor?
8. Why do the Chinese save so much?
9. Why do some firms go out of business?
10. Do shoppers benefit from firms getting larger?
11. Why does pollution occur?
12. Will we run out of water?
13. Why do governments tax cigarettes?
14. What is money?
15. Why did shopping take so long in Venezuela in 2017?
16. Why do some people leave Mexico to live in the USA?
17. Does it matter that the Japanese are getting older?
18. Why are some people unemployed?
19. What jobs will we be doing in the future?
20. Why does the USA buy clothes from Pakistan?
21. Why does the Indian firm Tata produce cars, steel and salt in the UK?
22. Will we have trade wars in the future?
23. Which country will have the strongest economy in 2050?
Section 3. Important numbers, organisations and economists: 24. Important numbers in economics
25. Important institutions and markets in economics
26. Famous economists
Section 4. Suggested answers to activities
Index
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