Pearson Economics 12: Australia in the Global Economy 2025 eBook, 1st edition

Published by Pearson (October 4, 2024) © 2025

  • Tim Dixon
  • John O'Mahony

Access code

$49.95 AUD
Instant access
ISBN-13: 9780655719816
Pearson Economics 12: Australia in the Global Economy 2025 eBook
Published 2024
Pearson Economics 12: Australia in the Global Economy 2025 is the leading text for students undertaking the NSW Year 12 Economics course. It is fully aligned to the current Year 12 syllabus. 

25th Anniversary Edition
The 2025 text book has been completely revised to reflect the latest developments in Australia and the global economy relevant to Year 12 teachers and students.
It features a detailed analysis of the impact of Australia’s changed economic policy environment under the Albanese government, including:
  • reforms to the Reserve Bank and the conduct of monetary policy
  • climate and energy policies to transition to 'Net Zero' emissions
  • the shift to more active industry policies with the Future Made in Australia Act
  • workplace reforms to close loopholes in the Fair Work Act.
It also covers global developments including:
  • the slowdown in global economic growth in the 2020s
  • the growing reaction against globalisation and changes in global trade policy
  • the turnaround in Australia's terms of trade
  • the impact of the ongoing war in Ukraine
  • international efforts to return to low inflation.
Topic 1 • The Global Economy
Chapter 1: Introduction to the Global Economy
Chapter 2: Trade in the Global Economy
Chapter 3: Globalisation and Economic Development
Case Study: Brazil
Case Study: Indonesia

Topic 2 • Australia’s Place in the Global Economy
Chapter 4: Australia’s Trade and Financial Flows
Chapter 5: Exchange Rates
Chapter 6: Protection in Australia

Topic 3 • Economic Issues
Chapter 7: Economic Growth
Chapter 8: Unemployment
Chapter 9: Inflation
Chapter 10: External Stability
Chapter 11: Distribution of Income and Wealth
Chapter 12: Environmental Sustainability

Topic 4 • Economic Policies and Management
Chapter 13: The Objectives of Economic Policy
Chapter 14: Fiscal Policy
Chapter 15: Monetary Policy
Chapter 16: Microeconomic and Environmental Policies
Chapter 17: Labour Market Policies
Chapter 18: Effectiveness and Limitations of Economic Policy

Appendix A: Key Economic Skills
Appendix B: Advanced Economic Analysis Glossary Index 

Need help? Get in touch