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


序号 重要标记 单词 含义 概念
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


序号 重要标记 单词 含义 概念


Chapter 4 Resource allocation in different economic systems



Chapter 5 Production possibility curves



Chapter 6 Classification of goods and services



Section 2 The price system and the micro economy

Chapter 7 Demand and supply curves



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



Chapter 9 Price elasticity of supply



Chapter 10 The interaction of demand and supply



Chapter 11 Consumer and producer surplus



Section 3 Government microeconomic intervention

Chapter 12 Reasons for government interventions in markets



Chapter 13 Methods and effects of government interventions in markets



Chapter 14 Addressing income and wealth inequality



Section 4 The macro economy

Chapter 15 National income statistics



Chapter 16 Introduction to the circular flow of income



Chapter 17 Aggregate demand and aggregate supply analysis



Chapter 18 Economic growth



Chapter 19 Unemployment



Chapter 20 Price stability



Section 5 Government macroeconomic intervention

Chapter 21 Government macroeconomic policy objectives



Chapter 22 Fiscal policy



Chapter 23 Monetary policy



Chapter 24 Supply-side policy



Section 6 International economic issues

Chapter 25 The reasons for international trade



Chapter 26 Protectionism



Chapter 27 Current account of the balance of payments



Chapter 28 Exchange rates



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



Section 7 The price system and the micro economy

Chapter 30 Utility



Chapter 31 Indifference curves and budget lines



Chapter 32 Efficiency and market failure



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



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



Chapter 35 Different market structures



Chapter 36 Growth and survival of firms



Chapter 37 Differing objectives and policies of firms



Section 8 Government microeconomic intervention

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



Chapter 39 Equity and redistribution of income and wealth



Chapter 40 Labour market forces and government intervention



Section 9 The macro economy

Chapter 41 The circular flow of income



Chapter 42 Economic growth and sustainability



Chapter 43 Employment and unemployment



Chapter 44 Money and banking



Section 10 Government macroeconomic issues

Chapter 45 Government macroeconomic policy objectives



Chapter 46 Links between macroeconomic problems and their interrelatedness



Chapter 47 Effectiveness of policy options to meet all macroeconomic objectives



Section 11 International economic issues

Chapter 48 Policies to correct disequilibrium in the balance of payments



Chapter 49 Exchange rates



Chapter 50 Economic development



Chapter 51 Characteristics of countries at different levels of development



Chapter 52 Relationship between countries at different levels of development



Chapter 53 Globalisation