Getting Started Cambr. IGCSE® O Level 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.