Suggested Answers

THE MARKET ECONOMY
Year 11 ECONOMICS WORKBOOK | 3RD Edition

The suggested answers for the workbook are in PDF format which you can download to your computer. If you do not have Adobe Reader version 7 or above you can download a free copy from the Adobe website.

Please note that the final answers to the newest edition of the Year 11 workbook are currently forthcoming. Answers to Topics 1, 2 and 3 are available for download in the interim.

All Chapters
Download the answers to all chapters of this workbook

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: The Structure of Financial Markets
Chapter 13: The Money Supply and Interest Rates
Chapter 14: The Share Market

Topic 6: Government and the Market Economy
Chapter 15: The Limits of Markets
Chapter 16: The Role of Government in Australia
Chapter 17: Government in Action