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

Published by Pearson (August 27, 2024) © 2025

  • Tim Dixon
  • John O'Mahony

Paperback

ISBN-13: 9780655718994
Pearson Economics 12: Australia in the Global Economy Workbook
Published 2024
Please note the Year 12 Student Book and Workbook for 2025 must be ordered separately (not as a pack) to improve delivery times.
Pearson Economics 12: Australia in the Global Economy Workbook 12th Edition is an active learning guide to accompany the best-selling text Pearson Economics 12: Australia in the Global Economy. It allows students to practise their understanding of course content as they learn, with up-to-date 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 12th edition features a new selection of questions in each chapter reflecting the requirements of the New South Wales Year 12 Economics course. The questions have been updated to capture the latest developments in Australia and the global economy, including the challenges to globalisation, efforts to reduce inflation, the impact of the war in Ukraine, and policy changes under the Albanese government.
IN THIS EDITION 
The 12th edition includes a new Skills Review chapter, focused on analysis, synthesis and evaluation of economic information. In addition, there are three practice exam papers – the first focusing on topics 1 and 2, the second on the full syllabus content and the third targeted towards advanced revision of the course. This gives students the opportunity to test themselves for the half-yearly, trials and final exams. The selection of short answer and independent research exercises have been fully updated to reflect trends in exam questions.

Each chapter of the workbook includes:
  • 20 multiple choice questions
  • 3 short answer questions
  • A selection of extended response questions
  • A variety of extension activities to further enhance student mastery of the syllabus content and skills, e.g. independent research activities, economic skills revision sets and class activities.
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 

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