CAIE单词查询(按单元)- 4th

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Section 1 Basic economic ideas and resource allocation

Chapter 1 Scarcity, choice and opportunity cost


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1 * fundamental economic problem 基本经济问题 scarce resources but unlimited wants; sometimes called the basic economic problem.
2 resources 资源 inputs available for the production of goods and services.
3 wants 愿望 the goods and services that people may like to have but are not always realised.
4 needs 需求 things that are necessary for survival, such as food.
5 * scarcity 稀缺性 a situation in which wants and needs are greater than the resources available.
6 choice 选择 resources are scarce so individuals, firms and governments have to consider alternatives.
7 factors of production 生产要素 resources or inputs available in an economy that are used in the production of goods and services.
8 firm 企业 any business that hires factors of production to produce goods and services.
9 * opportunity cost 机会成本 the cost expressed in terms of the next best alternative that is foregone when a choice is made.


Chapter 2 Economic methodology


序号 重要标记 单词 含义 概念
1 macroeconomics 宏观经济学 the study of an economy or a group of economies.
2 microeconomics 微观经济学 the study of individual markets (households and firms).
3 model 模型 a simplified view of reality used to explain economic problems and issues.
4 * positive statement 实证性陈述 a statement that is based on facts or actual evidence.
5 * normative statement 规范性陈述 a statement that is based on the economist's opinion or value judgement and which cannot be proven.
6 * ceteris paribus 其他条件不变 a Latin phrase meaning 'other things equal' or 'other things are unchanged'; used by economists to model the effects of one change at a time.
7 * short run 短期 time period when a firm can change at least one but not all factor inputs.
8 * long run 长期 time period when all factors of production are variable but with a constant, such as the state of technology.
9 * very long run 超长期 time period when all key inputs into production are variable.


Chapter 3 Factors of production


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Chapter 4 Resource allocation in different economic systems


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Chapter 5 Production possibility curves


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Chapter 6 Classification of goods and services


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Section 2 The price system and the micro economy

Chapter 7 Demand and supply curves


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Chapter 8 Price elasticity, income elasticity and cross-elasticities of demand


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Chapter 9 Price elasticity of supply


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Chapter 10 The interaction of demand and supply


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Chapter 11 Consumer and producer surplus


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Section 3 Government microeconomic intervention

Chapter 12 Reasons for government interventions in markets


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Chapter 13 Methods and effects of government interventions in markets


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Chapter 14 Addressing income and wealth inequality


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Section 4 The macro economy

Chapter 15 National income statistics


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Chapter 16 Introduction to the circular flow of income


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Chapter 17 Aggregate demand and aggregate supply analysis


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Chapter 18 Economic growth


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Chapter 19 Unemployment


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Chapter 20 Price stability


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Section 5 Government macroeconomic intervention

Chapter 21 Government macroeconomic policy objectives


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Chapter 22 Fiscal policy


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Chapter 23 Monetary policy


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Chapter 24 Supply-side policy


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Section 6 International economic issues

Chapter 25 The reasons for international trade


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Chapter 26 Protectionism


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Chapter 27 Current account of the balance of payments


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Chapter 28 Exchange rates


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Chapter 29 Policies to correct imbalances in the current account of the balance of payments


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Section 7 The price system and the micro economy

Chapter 30 Utility


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Chapter 31 Indifference curves and budget lines


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Chapter 32 Efficiency and market failure


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Chapter 33 Private costs and benefits, externalities and social costs and benefits


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Chapter 34 Types of cost, revenue and profit, short-run and long-run production


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Chapter 35 Different market structures


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Chapter 36 Growth and survival of firms


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Chapter 37 Differing objectives and policies of firms


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Section 8 Government microeconomic intervention

Chapter 38 Government policies to achieve efficient resource allocation and correct market failure


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Chapter 39 Equity and redistribution of income and wealth


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Chapter 40 Labour market forces and government intervention


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Section 9 The macro economy

Chapter 41 The circular flow of income


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Chapter 42 Economic growth and sustainability


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Chapter 43 Employment and unemployment


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Chapter 44 Money and banking


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Section 10 Government macroeconomic issues

Chapter 45 Government macroeconomic policy objectives


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Chapter 46 Links between macroeconomic problems and their interrelatedness


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Chapter 47 Effectiveness of policy options to meet all macroeconomic objectives


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Section 11 International economic issues

Chapter 48 Policies to correct disequilibrium in the balance of payments


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Chapter 49 Exchange rates


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Chapter 50 Economic development


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Chapter 51 Characteristics of countries at different levels of development


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Chapter 52 Relationship between countries at different levels of development


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Chapter 53 Globalisation


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