Pearson Economics 11: The Market Economy Pack 2025, 1st edition

Published by Pearson (December 4, 2024) © 2025

  • Tim Dixon
  • John O'Mahony

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ISBN-13: 9780655718963
Pearson Economics 11: The Market Economy Pack 2025
Published 2024

Pearson Economics 11: The Market Economy 2025 is the leading text for students undertaking the NSW Year 11 Economics course. It is fully aligned to the current Year 11 syllabus.

The 2025 text has been completely revised to reflect the latest developments in the global economy relevant to Year 11 students. It guides students through an understanding of the key features of the economy in 2025, including detailed analysis of the impact of central banks' policies in light of increased inflation, including reforms to the Reserve Bank, workplace relations and climate policies. It also covers the impact of the war in Ukraine, increased inflation and the global shift to greater industry protection..

The text includes updated graphs, end-of-chapter summaries and review questions..

Highlights of the 2025 edition include:.

  • analysis of changes in world economic policy.
  • the impact of rising interest rates and the cost-of-living crisis.
  • the global shift towards increased support for domestic industries.

Sample pages

Download sample pages from Pearson Economics 11: The Market Economy 2025 >

Pearson Economics 11: The Market Economy Workbook is an active learning guide to accompany the best-selling text The Market Economy. It allows students to practise their understanding of course content as they learn, with exam-style multiple choice and short answer questions. It also gives teachers valuable extension activities, skills revision, independent research tasks and classroom exercises that can help challenge students to deepen their understanding. The 2025 edition includes contemporary examples, up-to-date statistics and new materials that link the syllabus to recent economic developments such as the rising cost of living and central banks' responses to inflationary pressures. The new edition features a new selection of exam-style multiple choice, short answer and extended response questions, as well as a variety of extension and research activities for each chapter. 

Topic 1 • Introduction to Economics
Chapter 1: What is Economics About?
Chapter 2: How Economies Operate
Chapter 3: How Economies Differ

Topic 2 • Consumers and Business

Chapter 4: Consumers in the Market Economy
Chapter 5: Business in the Market Economy

Topic 3 • Markets

Chapter 6: Demand
Chapter 7: Supply
Chapter 8: Market Equilibrium

Topic 4 • Labour Markets

Chapter 9: Labour Demand and Supply
Chapter 10: Labour Market Outcomes
Chapter 11: The Changing Australian Labour Market

Topic 5 • Financial Markets

Chapter 12: Types of Financial Markets
Chapter 13: Money and Interest Rates

Topic 6 • Government and the Market Economy

Chapter 14: The Limits of Markets
Chapter 15: The Role of Government in Australia
Chapter 16: Government in Action

Appendix A: Key Economic Skills

Glossary

Index

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