Professional Documents
Culture Documents
Heinemann Business Studies
Heinemann Business Studies
Heinemann Business Studies
Business
Studies &
Economics
2009
www.internationalschools.co.uk
Online Support
www.internationalschools.co.uk
Contents
BUSINESS
15A CONTENTS CHAPTER
1 EEasy ordering
P
Placing your order online is easy and secure.
new! Edexcel GCSEListing
16 Contents Business Studies .......................................... 2–3
........................................................... 10 You can also track its progress. The website is
Textbook
16 of Commerce,
Contents 5th edition ...........................................3
Listing ........................................................... 10 available 24/7 allowing you to order when it’s
! Edexcel
new 16 GCSEListing
Contents in Applied Business ...................................... 4–5
........................................................... 10 convenient for you and without worrying about
new! Edexcel
16 Diploma
Contents in
Listing Business,
........................................................... 10
time differences.
Administration and Finance ......................................................6
16 Contents Listing ........................................................... 10
new! Edexcel WorkSkills Activators ...................................................7
new! Edexcel
CONTENTSLevels 1 CHAPTER
and 2 Project and Level 3 R
Research new products
Extended Project Guides ...........................................................7
new! 16 Contents Listing ........................................................... 10
new! World of Work DVD and Learning Resource File:
16 Contents Listing ........................................................... 10
2 and see what’s free
a
Business Level 2 .......................................................................8 F out more about our complete range of
Find
16 Contents Listing ........................................................... 10
A Level Applied Business ..........................................................9 resources for all your needs and download
BTEC Introduction to Business, Retail and Administration ......10 sample material, component charts and product
CONTENTS CHAPTER
BTEC First Business, 2nd edition ............................................11 information.
!
new BTEC
16 Contents
NationalListing ...........................................................
Business, 2nd edition ............................... 12–13 10
16 Contents
OCR NationalListing
16 Contents
Business
...........................................................
Business
Listing ...........................................................
for Higher
16 Contents Listing
Awards ....................................................15
...........................................................
10
...........................................................14
10
10
3 Online support
O
F out details for your local contact, download
Find
Management and Communication Skills .................................15
new! Teeline, Pitman and Typing Skills............................................15 catalogues and sign up to Enewletters.
CONTENTS CHAPTER
Active Business .......................................................................16
eCase
new! 16 StudiesListing
Contents for Business .....................................................16
........................................................... 10
NVQ/SVQ Business and Administration ..................................17
16 Contents Listing ........................................................... 10
OCRContents
16 Certificates in Administration
Listing ..........................................17
........................................................... 10
ECONOMICS
CONTENTS CHAPTER
ne
n w!!
ew OCR GCSE Economics
16 Contents ..................................................... 18–19
Listing ........................................................... 10
OCRContents
16 AS and A2 Economics,
Listing 2nd edition .......................... 20–21
........................................................... 10
AS and A2 Economics for AQA, 2nd edition ............................22
Studies
CONTENTSin Economics and Business........................................22
CHAPTER
new! 16 Contents Listing ........................................................... 10
OTHER
16 Contents Listing ........................................................... 10
NVQ/SVQ Level 2 Customer Service, 2nd edition ...................23
NVQ/SVQ
CONTENTS Level 2CHAPTER
Call Handling Operations ...........................23
Sure Skills...............................................................................23
new! 16 Contents Listing ........................................................... 10
Talk to us before you buy
Work-Wise ..............................................................................23
16 Contents Listing ........................................................... 10
Key Skills Activity Packs .........................................................23
16 Contents Listing ........................................................... 10 +44 1865 888130
LOOKING FOR SOFTWARE? +44 1865 314981
YOUR NEXT STEP ................................................... 24
16 Contents Listing ........................................................... 10
16 Contents Listing ........................................................... 10 @ international.enquiries@pearson.com
16 Contents Listing ........................................................... 10
www.internationalschools.co.uk
YOUR NEXT STEP ..............................................27-28
key to symbols
new! New titles published in 2009
new!
B_dZW8_Ya[b7bWdCWdiÅ[bZIWhW^#@Wd[9bWha
9Wj^[h_d[H_Y^WhZi9edhWZJ[jb[o
hW^#@Wd[9bWha
bWdCWdiÅ[bZIW
B_dZW8_Ya[b7 [jb[o
WhZi9edhWZJ
9Wj^[h_d[H_Y^
Business,
_fbecW
and FinancAdministration
B[l[b(>_
e
]^[h:_fbe
cW
Bring Diploma learning to life at every level, with Edexcel’s own resources. CD-ROM inside
Edexcel’s own resources for GCSE Business Studies and GCSE Applied Business.
See pages 2–5
new!
Building skills for success in
GCSE Economics!
Heinemann and OCR working in partnership for the new
OCR GCSE Economics specification.
See pages 18–19
distributed by Heinemann
Edexcel GCSE
Business: Introduction to
Small Business
new! Edexcel GCSE Business Studies
Student Book
Case Study sales will lead to a worsening of the cash flow position. If
Floral Events buys lots of dried flowers but doesn’t sell them, Over to you
100
Holly Buckley worked at a local arts centre. She had learnt flower arranging it will have more stocks of dried flowers in its shop. But its
skills as part of her college course. Holly decided to set up a business Aziz Duah decided to set
cash flow situation will worsen because the dried flowers
up a business selling
providing flower arrangements called Floral Events. She would run this from will have to be paid for and so cash will flow out. printed t-shirts. He
a shop in the town centre. Weddings were likely to be a big market, but Holly researched the market
103
also thought that flower arrangements would be needed for sports events The importance of planning and found that there
and festivals. How can a business avoid cash flow problems? Careful was no-one in the area
planning will help. Many strategies are possible, but a good offering this service. He
rule of thumb would be ‘GET IT’: thought that selling to
@ Get the help and support of the bank and investors. businesses or to up and
Objectives Cash @ Ensure market research is thorough. coming bands for their fans
Understand the role and importance Holly knew that cash is vital for the success of a business. Cash is not just notes and would be successful. Aziz would
@ Thoughtful cash flow planning may avoid problems.
of cash flow to a business. coins. It is also money in the bank. Holly needed cash to start up her business. For offer to design and print the t-shirts with their own designs. He
@ Investigate where you can get help with spreading
example, she had to pay for shelves and equipment in her shop. Once she opened would begin trading in September. His sales forecast included
Estimate cash flows. payments more evenly.
the shop, she had regular bills to pay. There was rent, telephone and electricity bills the following information.
Understand the difference between @ Track the actual cash flow against the forecast before it
and wages. She also had to buy the flowers to sell. Holly paid some bills with notes Receipts
a cash flow forecast (an estimate) becomes a problem.
and a cash flow statement (what has
and coins. Most bills, though, she paid directly out of her bank account. Cash came G &/:>/7,/<E
#->9,/<E
"9@/7,/<E
+8.
actually happened). into the business too. Customers paid her cash for the flowers she sold. Every day, December £19,500
Holly would go to the bank to deposit her takings. Test yourself
Explain how cash flow problems Payments
arise and how they can be G !+-238/<C+8.9003-//;?3:7/8>+</E
38&/:>/7,/<
minimised. What is cash flow? 1. A small bakery has just launched a new range of cakes. G )+1/=+</E
38&/:>/7,/<+8.#->9,/<+8.E
38
Cash flow is the flow of money into and out of a business. Which of the following is not a cash inflow for the small "9@/7,/<+8./-/7,/<
Explain how cash flow problems can
bakery business? Select one answer. G /+>381+8.6312>381+</E
+;?+<>/<'2/03<=>:+C7/8>
affect a business. Inflows Inflows are the cash coming into the business
A Capital from the owner to help launch the range is October.
Appreciate how careful planning can @ Holly put some of her own money into the business.
B Buying ingredients for the cakes G #>2/<-9=>=+</E
+798>2
minimise risk. @ She took out a small loan from the bank.
C A loan to help launch the range G !+>/<3+6=+</E
+798>238&/:>/7,/<#->9,/<+8.
@ The business received cash from its sales. "9@/7,/<8/-/7,/<949:6+8=>9+<<+81/+
.+C
D Sales from the new range of cakes
Inflows are the receipts of the business - the money it receives. Figure 1 shows payment period for materials.
these inflows from Holly’s business in its first six months. 2. A business has a produced a cash flow forecast for January. G 8=?<+8-/3=E
09<>2/C/+<:+C+,6/38#->9,/<
Total receipts of a business are £17,000. G '2/</3=899:/8381-+=2,+6+8-/
Outflows Outflows are the cash going out of the business. Total payments are £15,000.
Holly had a number of outflows. The opening balance is £10,000. (£) Sept Oct Nov Dec
Watch Out! @ Wages. Figure 1 – Cash inflows to Floral Events in the first What will be the net cash flow at the end of January? Total receipts 14,000 15,000 8,500 19,500
@ Equipment. six months Select one answer. Payments
Cash flow is NOT the same as profit.
Profit is sales revenue (price x quantity @ Telephone, gas and electricity A £10,000 !+-238/<C /;?3:7/8>
Cash from Holly Loan from the bank Cash from sales
sold) minus costs. Cash flow is all inflows and other bills, and rent for B £12,000 Wages 5,000 5,000 10,000 10,000
of cash minus all outflows of cash. the premises. C £2,000 Heating & lighting 0 1,000 0 0
@ Flowers and display stands D £32,000
Other costs 2,200 2,200 2,200 2,200
from suppliers.
CASH INFLOW
@ Interest on the loan. 3. The following table shows the cash flow forecast for Materials 2,000 2,000 2,000 0
@ Advertising in local papers. business for three months of the year. Fill in the blanks. 8=?<+8-/
Outflows are the payments of Figure 2 – Cash outflows from Floral Events in the Total payments 18,200 14,200 12,200
Cash – notes, coins and money in the bank. first six months (£) June July August
the business to others. Figure 2 "/>-+=2069A
Cash flow – the flow of cash into and out shows these outflows from Total receipts 60,000 78,000
of a business. Equipment Advertising Opening balance 0 -4,200 -2,900 1,400
Holly’s business in its first six Flowers and Wages Bills Interest on Payments
Inflow – the cash flowing into a business, Closing balance -4,200 -2,900 8,700
months. other materials the bank loan
Materials 30,000 42,000
its receipts.
Other costs 60,000 75,000 85,000
Outflow – the cash flowing out of a Cash flows can be shown in a
business, its payments. Total payments 80,000 105,000 127,000
table. Table 1 shows the cash CASH OUTFLOW 1. Calculate the missing figures in the table. (4)
inflows and outflows from 2. Explain why the business has a cash flow problem in
Net cash flow -20,000 -35,000 September but not December. (6)
Opening balance 30,000 -25,000 3. Aziz is thinking of taking out a long-term bank loan to
Sample pages from Edexcel GCSE Closing balance 10,000 -25,000 -74,000 improve cash flow. Do you think he should do this? (6)
Textbook of
COMMERCE
LYNDA FITZMAURICE
5th EDITION
Endorsed by the University of Cambridge International
Examinations
Textbook of Commerce is the ideal companion for students studying the CIE O Level in Commerce.
O Provides full coverage of the topics to be assessed in the exam plus exam practice material at the end of
each chapter.
O Offers numerous international examples, reflecting the global nature of the exam.
Textbook of Commerce, 5th edition O Includes special features designed to aid students for whom English is not their first language, such as
Lynda Fitzmaurice chapter introductions, aid to learning questions, graphic organisers and chapter summaries.
978 0 435982 25 6 £13.65
contents
Unit 1. Production Unit 8. Advertising
Unit 2. Retail trade Unit 9. Communications
Unit 3. Customer credit Unit 10. Transport
UK t 01865
0845 630 44 44
888080 ff 0845
01865630 77 77
314029 @ myorders@pearson.com w
w www.heinemann.co.uk
www.heinemann.co.uk
3
International t +44 1865 888130 ff +44
+44 1865 314981 @ international.enquiries@pearson.com w
1865 314981 w www.internationalschools.co.uk
www.internationalschools.co.uk
Edexcel GCSE
Unit 1: Investigating how businesses work Unit 1: Investigating how businesses work
1.1 What is a business and Apply It – Identify the skills needed to be an entrepreneur
Read Chris’s and Louise’s stories below. Then work in groups to list the skills you think they have
what do businesses do? which help them run their business. Compare your ideas as a class.
18 19
contents
See page 8 for World of Work
1. Investigating how businesses work
2. Financial records DVD: Business, an interactive
3. Investigating people, business and change way to bring the working
4. Financial planning and forecasting
www. world into the classroom.
We can help you with planning
for the new GCSEs. Telephone
our hotline on 01865 888012
or visit our website at
www.edexcelgcse.co.uk/appbus. Expands material found Includes a searchable
in the Student Book to resource bank that enables
add another dimension to you to personalise lesson
learning content. planning with ease.
+
0/1 of 21
ActiveTeach screenshot
Shows the real world of
business in action, enabling
students to contextualise
their learning.
new!
B_dZW8_Ya[b7bWdCWdiÅ[bZIWhW^#@Wd[9bWha
9Wj^[h_d[H_Y^WhZi9edhWZJ[jb[o
L Embedded activities for functional skills and personal, learning and thinking skills ensure
B_dZW8_Ya[b7bWdCWdiÅ[bZIWhW^#@Wd[9bWha
9Wj^[h_d[H_Y^WhZi9edhWZJ[jb[o
learners develop these skills as they progress.
B_dZW8_Ya[b7bWd
9Wj^[h_d[ CWdiÅ[bZIWhW
H_Y^WhZi9edhWZ ^#@Wd[9b
Wha
J[jb[o
new!
and Finance
Assessment and Delivery Resource
Level 2 Higher Diploma
Level 1 Foundation Diploma Student Book
Student Book L Brings learning to life with strong links to the business world, with lively snapshots of the
978 1 846905 10 0 £17.99* workplace and enterprise activities to engage learners.
May 2009
L Covers the principal learning at Level 2 and provides a variety of differentiated activities
Assessment and Delivery Resource
with CD-ROM designed to encourage individual learners to apply their skills and knowledge to real-life
978 1 846905 11 7 £130.00* (+VAT) settings.
May 2009
L Functional skills and personal, learning and thinking skills features are included in each
Level 2 Higher Diploma unit to ensure learners are developing these essential skills in context.
Student Book
Alan Mansfield, Linda Bickel,
Cathy Richards, Sarah-Jane Clark,
Assessment and Delivery Resource with CD-ROM
Conrad Tetley
L Offers practitioners complete support and guidance with planning, delivering and
978 1 846904 14 1 £17.99*
Summer 2009
assessing every learner on the course.
Assessment and Delivery Resource L Specific guidance on functional skills, personal, learning and thinking skills, the Project and
with CD-ROM working with local employers, helps practitioners to feel confident delivering every part
Alan Mansfield, Linda Bickel, of the Diploma.
Cathy Richards, Sarah-Jane Clark,
Conrad Tetley L The CD-ROM provides a bank of ready-made and customisable planning and delivery
978 1 846904 15 8 £150.00* (+VAT) resources including case studies, industry factsheets, worksheets, lesson plans, schemes of
Summer 2009
work and PowerPoint slides, to cut down your planning time dramatically.
Level 3 Advanced Diploma
Teacher Resource Disk
978 1 846905 12 4 £199.00* (+VAT)
May 2009
Level 3 Advanced Diploma new!
* Prices are provisional until publication.
Teacher Resource Disk
L Contains the unit specification and delivery plans, as well as a range of activity sheets for
each unit, providing opportunities to develop practical skills, personal, learning and thinking
skills, and functional skills.
www. L Assessment guidance gives you peace of mind about seeing your learners through
Download samples and
assessment, with model assignments for each internally assessed unit.
see units covered at
www.edexceldiplomas.co.uk/baf.
See pages 7 and 8
for additional resources to
support the Diploma!
6
distributed by Heinemann
on behalf of Edexcel
L Written to match the WorkSkills from Edexcel framework at Levels 1 and 2, WorkSkills
An assessment workbook for
the BTEC Award in WorkSkills Activators guide learners through their work placement over three 10-hour WorkSkills units.
WorkSkills Activator Level 1
Judith Ball
Eileen Cox
WorkSkills Activators
1 L Each write-in workbook includes activities to challenge different learning types and can
apply to any work sector, and provides a place for learners to record evidence of their own
work placement.
L An accompanying Teacher Resource Disk provides further assessment support at Levels 1
Authors
and 2.
Judith Ball, Eileen Cox
www.
Find out more and view samples at
www.heinemann.co.uk/vocational.
new!
Business, Levels 1 and 2
DVD and Learning Resource File
authors
Beth Gray is an Learning Resource File
experienced Business teacher who has
taught applied and vocational Business
for 20 years. She has worked as part of
the Hertfordshire Consortia for the BAF Student resource sheets provide
Diploma. stimulus for discussion before, during
Linda Bickel is an Edexcel specification and after watching, as well as problem-
writer and experienced teacher. She has
solving scenarios for group work.
worked closely on the new BAF Diploma
for Edexcel.
www.
Visit www.heinemann.co.uk/wow
to download sample material. Interviews and DVD footage in different
settings enable students to develop an
understanding of a variety of different
work environments.
OCR
www.
To take a look at sample material visit
www.heinemann.co.uk/business.
EDEXCEL
Student Book
Student Book
Complete BTEC First Business
(comes with a free copy of the Student
Book and an exclusive 20% off class
sets)
978 0 435465 55 1 £130.00 (+VAT)
These student-friendly resources provide in-depth coverage of 19 core and specialist units so you can be
confident your learners will cover everything they need to successfully complete the Award, Certificate or
Diploma.
Student Books
O Suitable for a range of abilities and learning styles, and contain differentiated activities to stretch more
able learners.
O Targeted assessment practice and handy grading tips for Pass, Merit and Distinction help students to
achieve the best grades they can.
O Outcome activities, case studies and grading tips provide comprehensive support for assessment.
O Written by an experienced author team, all of whom have taught BTEC National Business.
Student Book
Sample pages from BTEC National Business Student Book 1, 2nd edition
12
BTEC Business
contents
Book 1 Book 2
Unit 1. Exploring business activity Unit 12. Internet marketing
Unit 2. Investigating business resources Unit 16. Human resource management
Unit 3. Introduction to marketing Unit 21. Contracts and legislation
Unit 4. Effective people, communication and information Unit 30. Web design strategies
Unit 5. Introduction to accounting Unit 37. Starting a small business
Unit 9. Exploring creative product promotion Unit 38. Business ethics
Unit 10. Introduction to marketing research Unit 39. Business and the economic environment
Unit 13. Investigating recruitment and selection Unit 41. Effective retailing
Unit 19. Exploring team development
Unit 29. Introduction to the internet and eBusiness
www.
Visit www.heinemann.co.uk/btec for free
sample units and schemes of work.
Textbooks for Level 2 and 3 that really engage your students and offer full coverage.
The Student Book for Level 2 is the only resource to cover both the mandatory and optional units whilst the
Student Book for Level 3 covers four mandatory units and four of the option units.
Level 2
O Written to match the specifications and covers all the assessment so tutors can be sure that students
have everything they need.
O Activities and case studies hold students’ interest and provide the opportunity to see how businesses
operate in the real world.
Level 3
O Assessment objectives are defined in each unit so students have a clear outline of the knowledge,
understanding and skills needed to pass.
OCR National Business O Case studies with questions and interesting activities encourage students to learn and put theory into
context with links to actual business practice.
Level 2 Student Book
978 0 435401 22 1 £18.99 O Knowledge checks at the end of each unit enable candidates to assess their own progress.
Level 3 Student Book
978 0 435449 80 3 £23.99
Questions encourage
Authors students to absorb and
Karen Hough is chief co-ordinator of reflect over their learning.
Business.
Jackie Tye is a visiting moderator.
Nick Colburn is a curriculum director. Student Book
www.
Download sample material at
www.heinemann.co.uk/business. Sample pages from OCR National Level 2 Student Book
TEELINE
GOLD
STANDARD
Marie Cartwright
Business for Higher Awards, 2nd edition NCTJ Teeline Gold Standard new!
This Student Book offers full coverage of the Business HNC/HND, reinforcing Specifically designed for NCTJ journalism students to ensure that they get the
the theory with case studies and activities to develop students’ knowledge and support they need to succeed in their exam.
understanding. OIncludes an introductory section to outline important principles and theory (the
“Pitched at the right level and sufficient depth of subject matter. I like Teeline alphabet etc.) to give students a firm foundation for learning.
it a lot!” Judith Wallace, Business Lecturer, Warrington Collegiate Institute. O A range of practice exercises offers learners drill materials from 50 WPM to 110
Visit www.heinemann.co.uk/business for full details. WPM and are designed to build learners’ speed and fluency at an incremental
pace.
Business for Higher Awards Student Book, 2nd edition
OExercises are followed by past exam-style activities to offer additional practice
978 0 435453 14 5 £42.00
and prepare learners for their Teeline exams.
OA free CD-ROM provides five hours’ worth of dictation passages in MP3 format
Management and Communication Skills so students have enough material to practice with.
Essential skills for modern management. This range covers some of the core NCTJ Teeline Gold Standard
management and communication skills needed in the modern workplace: 978 0 435471 71 2 £18.99* August 2009
communication skills, interpersonal communication and supervisory management. *Prices are provisional until publication.
People Communications and Organisations
978 0 273032 69 4 £33.99
Pitman
Supervisory Management (Betts)
978 0 582418 77 6 £37.99 Celebrating over 150 years of Pitman!
Going strong after more than 150 years, Pitman New Era is still the shorthand of
choice for many top secretaries and professional shorthand writers.
Typing Pitman New Era Shorthand Anniversary Edition
Best-selling Teeline titles best-selling 978 0 582298 89 7 £26.99
eCase?Studies
for Business
VLE
www.
View sample video clips and
assignments online at New reduced price
www.heinemann.co.uk/bussoftware.
of £195.00!
www.
Visit www.heinemann.co.uk to view a full
list of contents and free sample units.
Sample pages from NVQ/SVQ Business and Administation Level 2
‘Over to you’ features reinforce each section
with questions or problems for candidates to
complete on their own or in a group.
www.
Visit www.heinemann.co.uk/business
for full details and contents list.
Evaluation Pack
978 0 435849 04 7 FREE
May 2009
Student Book
978 0 435849 05 4 £19.99*
May 2009
*Prices are provisional until publication.
Learning objectives A range of activities throughout
give clarity and encourage students to get
structure to learning. thinking economically – both
on their own and as part of a
group.
Student Book
18
Economics
Exam Café
Exam Café enables you to engage the whole class in preparing for their exam through a range of
revision tools and front-of-class activities. These will help all your students get the most out of their exam
preparation time.
The striking Exam Café pages feature in the Student Book at the end of each unit, and contain a selection
of revision tools and examiner commentary on sample answers.
Exam Café sections at the
end of each unit consolidate
learning in an inviting
environment.
Student Book
www.
To download free sample material, visit
www.heinemann.co.uk/economics.
Economics
AS OCR AS and A2
Colin Bamford | Susan Grant
Student Book
5&7997&385479*(4342.(8 (KDSWHU*LJKW9WFSXUTWYJHTRTRNHXFSILT[JWSRJSYUTQNH^
ye
Wo
d
d
d
tG
ma
l
for
fie
or
d
res
ord
mf
rol
t
od
en
0 other 355
ra
el
t
Ha
Go
Ro
Sh
rli &
ree
Fo
ton
ap
St
Ilf
n
ay
oa g
do
Ha ayes
ell
ch
Br alin
St
dw
ng
low
g
ug
nw
ite
k
nd
rin
th
d
H
ar
r
n
p
ing
ar
oo
Wh
Ive
Ha
Bo
ea
Fa
yla
Ta
rP
aP
tw
nK
ll H
ar
no
en
de
*M
ve
0 time savings
Ma
we
4,847
Br
Gi
all
ng
ton
t R am
et
d
am
ley
Se
Lin
ad
ea
yto
tre
hh
ali
erp d
ing
ur nh
ng
h
Ch
oa
nh
ra
in
rn
ut
tE
lS
0 other 17
Co otte
La
dd
Ma
ide
tD
Bu
So
oo
s
ow
s
We
Pa
d
T
s
Ma
e
og
ton
oo
We
us
r
th
Cu of D
yW
Liv
Ho
Ac
a
be
m
e
Isl
Ab
sto
Figure 8.1 Proposed Crossrail route map Table 8.1 Projected user benefits and costs of Crossrail (present value) Source : Cross London Rail Links, 2005
20
Economics
A2 Exam Café
Economics Colin Bamford | Susan Grant | Stephen Watton
Our unique Exam Café section gives students a motivating way to prepare thoroughly for their exams.
Exemplar answers, annotated with examiner feedback, show students what is expected of them and there
are helpful hints on exam preparation and effective revision techniques.
Student Book
To build up your examination skills and to reinforce your understanding of the topics and
concepts before the Unit 2 exam, it would be a good idea to:
= Check definitions of key words. You might do this by testing another member of your
class in return for him or her testing you. You could also write the definitions on cards
or a wall chart. It would also be useful to draw an aggregate demand and aggregate
supply diagram and place it on your wall at home or somewhere else where you will see it
regularly.
On opening the paper, first read through the questions. You may want to highlight
= Make sure that you have completed all the activities in the chapters in Part 2. the command words and other key words. Then check the data, again highlighting
= Produce tables and spider diagrams to summarise key points, make comparisons and any key words.
show links.
It pays to answer the questions in order. Forming your answers to the earlier questions,
= Practise answering past examination papers – this will make the exam seem less
should help you to answer the later questions. It should also mean that your answers
daunting.
do not overlap.
Some of the questions on the paper will require you to interpret the data. This may, for
instance, mean that you have to identify certain points from the text, explain what a
table shows and comment on the trend shown in a graph.
The last question on the paper is an evaluative one which starts with the word
‘discuss’. It is the highest mark question. You should spend approximately 20 minutes
on your answer to this question.
Revision checklist
Any diagrams you draw in your answers should be clear, well labelled and accurate.
Make sure you know all the components of aggregate demand and can As well as paying attention to command words, you should also take into account how
explain the influences on each one. many marks are being awarded and the space provided in the answer booklet.
Find examples of real-world causes of changes in aggregate supply.
For example, a question may ask you to state two components of aggregate
Draw aggregate demand and aggregate supply diagrams to show the effect demand. It may give two marks and the answer booklet may provide just one or two
of real world changes e.g. the impact on the US economy of the US Federal lines. In this case just write, for instance, consumption and investment. You should not
Reserve Bank cutting the rate of interest. waste time and effort stating more than two or describing or explaining two.
Check that you can distinguish between injections and leakages and that you
In contrast, a question asking you to explain or analyse will require more depth. For
can explain their links to the circular flow. example, in answering the question ‘Explain the effect of a rise in the rate of interest
on consumption’ it would not be sufficient to just state consumption would fall. You
Confirm your understanding of the meaning of government macroeconomic
should explain how the change in the rate of interest would affect the incentive to
policy objectives and how the key policy indicators are measured.
save, the cost of borrowing and discretionary income.
Make use of up to date figures to assess how some economies are performing.
22
Customer Service/Call Handling
www. contents
Visit www.heinemann.co.uk
Unit 1. Prepare yourself to deliver good customer service Unit 13. Make customer service personal
to view a sample unit.
Unit 5. Provide customer service within the rules Unit 15. Deal with customers in writing or using ICT
Unit 6. Recognise and deal with customer queries, requests Unit 16. Deal with customers face to face
and problems Unit 17. Deal with customers by telephone
Unit 9. Give customers a positive impression of yourself and Unit 21. Deliver reliable customer service
your organisation Unit 31. Resolve customer service problems
Unit 12. Live up to the customer service promise Unit 36. Develop customer relationships
ICT Level 1
come with additional tutor support. A good-value, write-in book to help students develop
978 0 435465 78 0 £90.00 (+VAT)
employability and enterprise capabilities – including much-
needed financial and economic understanding. ICT Level 2
978 0 435465 75 9 £100.00 (+VAT)
978 0 435324 83 4 £27.95 (pack of 10)
Research new products We are open from 8.00am to 5.30pm, Monday to Friday.
Contacts
AFRICA Sedco Publishing Ltd NIGERIA UGANDA ECUADOR
BOTSWANA PO Box 2051, Tabon Street, HEBN Publishers PLC, 1 Ighodaro Pearson Longman Uganda ltd, Plot Pearson Educación de Ecuador
Heinemann Educational Botswana North Ridge, Accra Road, Jericho, PMB 5205, Ibadan, 8 Berkeley Road, PO Box 29484, Old Manuel Sáenz N 36-14 y Germán
(Publishers) (Pty) Ltd, PO Box t 00 233 21 221332 Oyo State Kamapla Alemán, Quito
10103,Village Post Office, Gabarone t +234 2 241 2268 t +256 312 262449 t/f +59 32 226 1900
t +267 397 2305 KENYA f +234 2 241 3237 f +256 312 262448 e info@pearsoned.com.ec
f +267 397 1832 Longman Kenya Ltd e info@hebnpublishers.com e info@pearsonlongmanuganda.
e sales@heinemann.bw Methodist Guest House Grounds co.ug URUGUAY & PARAGUAY
Lavington, Oloitokitok close Longman Nigeria plc Pearson Education SA
Heinemann Educational Botswana 52 Oba Akran Ave Ikeja, Lagos YOUR PEARSON EDUCATION UK
P O BOX 10679-00100 Nairobi Av 8 de Octubre 3061
Publishers (Pty) Ltd, PO Box 20988, t +234 1 497 8925-7 CONTACT:
t +254 20 3871363 Montevideo 11600, Uruguay
Monarch Post Office, Francistown f +234 1 469 4370/0527 Duncan Bruce, Africa Sales Manager
e kkarani@longmankenya.com t (598 2) 486 1617
t/f +267 241 0124 e daobdiegwu@yahoo.com/ t +44 1279 621435
Savani’s Book Centre, Corner Plaza, f (598 2) 486 1617
e heinemann@botsnet.bw shadeshinkaye@yahoo.com f +44 1279 623388
PO Box 42157 - 00100, Nairobi e info-ur@pearsoned.com
e duncan.bruce@pearson.com
CAMEROON t +254 20 374 6280 RWANDA
PERU/BOLIVIA
Sikod Philip f +254 20 374 5201 c/o Pearson Longman Uganda AMERICAS Pearson Educación de Perú/Bolivia
Pase (School Shop) e baiju@savanis.net Kiremire Barigye ARGENTINA Avenida Javier Prado Este 4491 –
University Junction - Buea w www.savanis.net t +256 772 422453 Av. Belgrano 615 - P.11 Surco Lima, Perú
P.O BOX 74, Buea Text Book Centre, Kijabe Street, Lydie Hakizimana C1092AAG) Buenos Aires t +51 1 437 2010
South West Province PO Box 47540 - 00100, Nairobi P.O Box: 4443 t +54 11 4309 6100 f +51 1 358 8796
t/f +237 332 27 22 t +254 20 310 699 Kigali-Rwanda. e info@pearsoned.com.pe
e paseinfos@yahoo.co.uk t (+250) 0831-2839 CANADA
f +254 20 225 779 Pearson Education Canada
e admin@tbc.co.ke CENTRAL AMERICA
ETHIOPIA SOUTHERN AFRICA 26 Prince Andrew Place Pearson Education Central America
Shama Plc. w www.textbookcentre.com Don Mills, Ontario M3C 2T8
Heinemann Publishers (Pty) Ltd 24 Calle 15-65 Zona 13
BeDesta Building, Infront Of Dembel MALAWI Heinemann House, Building No. 3, t +1-800-361-6128 Guatemala City, Guatemala
City Center, Behind the shell, Africa Longman Malawi, PO Box 30698, Grayston Office Park, 128 Peter Road, f +1-800-563-9196 t +502 2331-8107
Avenue, P.O.Box 57, Addis Ababa Chichiri, Blantyre 3 PO Box 781940, Sandton, Gauteng e school.international_canada@ e Ricardo.hernandez@pearsoned.
t +251 115 54 52 90 2146, South Africa pearsoned.com com
t +265 1 844000
f +251 115 54 55 84 f +265 1 844903 t +27 11 322 8600
e gbagersh@shamaethiopia.com CHILE USA
e mwazvitam@longmanm.co.zw f +27 11 322 8716
Pearson Educación de Chile Pearson Education, P.O. Box 2500,
e customerliaison@heinemann.co.za
FRANCOPHONE AFRICA José Ananías No. 505, Macul, Lebanon, IN 46052-3009
MAURITIUS
Michel Levenez, c/o Editions Belin, TANZANIA Santiago t 800-848-9500
Felix Atioune
8 Rue Ferou, 75278 Paris Cedex, Abacus Ltd, P O Box 75214, t +56 2 719 9700 f 877-260-2530
34 Royal Road
France Kinondini Road, Dar Es-Salaam f +56 2 237 3297
Baie de Tombeau
t +33 1 55 42 84 90 t +255 22 213 4298/3568 e infopear@pearsoned.cl ASIA
t/f +230 247 2031
e michel.levenez@editions-belin.fr e fjatioune@intnet.mu f +255 22 266 7599 CHINA
COLOMBIA
e abacus@raha.com Edward Zhang
GHANA Pearson Educación de Colombia
NAMIBIA Room 1016-1018, Yixiang Building,
Reimmer Book Services, Radar Education, Plot 108 Makunyi Carrera 65 B No. 13-62,
Heinemann Publishers Namibia, 1599 Yan’an Road (West), Shanghai
20 Abebresem St, OSU, PO Box Road, Mikocheni B, Dar Es Salaam Bogotá
40 Copper Street, Prosperita, 200050
CT3499, Cantonments, Accra t +255 22 278 0551 t +57 1 294 0800
Windhoek, t +86-21-62512405
t +233 21 765 303 f +255 22 278 0552 f +57 1 260 7358
t +264 61220352 f +86-21-62511944
f +233 21 765 302 e arabella@radreducation.com e supportline@pearsoned.com
f +264 61220477 e longmanservice@pearsoned.
e reimmer@africaonline.com.gh com.cn
Continued overleaf
Contacts continued…
HONG KONG SINGAPORE BAHAMAS ST VINCENT AND THE CTC Alexandria, 9 Saada Marzouk,
Sandy Lee Yvonne Loh Clare Symonette GRENADINES Off Sharrawy Street, Lauran,
20/F, Cornwall House,Taikoo Place, 23/25 First Lok Yang Road, Jurong, 9 Harbour Mews Club, Cable Beach, R Yvonne Gaynes Alexandria
979 King’s Road, Quarry Bay Singapore 629733 Nassau PO Box 641, St Vincent and the t +203 582 9156
t +852 3181-0330 t +65 6319 9277 t (242) 3277589 Grenadines e ctc@memanet.net
f +852 2565-5399 f +65 6265 1033 f (242) 3272162 t (784) 457 2498
e pearsonlongman@pearsoned.com. e elt@pearsoned.com.sg e claresymonette@gmail.com e rygaynes@vincysurf.com IRAN
hk Ghazal Javan Publications
SRI LANKA BARBADOS TRINIDAD AND TOBAGO 31 Lashgarak Alley , East Roudbar St,
INDIA Jeya Agency (PVT) Ltd Julie White Zahra Ali Mirdamad Blvd.
Pearson Education, 482, F.I.E. 9-10 Upper Ground Floor, Peoples 112 Atlantic Shores, Christ Church t (001) 868 753 2537 Tehran 1546814111 Iran
Patparganj, Delhi 110092 Park Complex, Colombo 11 t (246) 420 5153 e zahra.ali@pearson.com / write_ t +98 21 22921619
t (91-11) 43030100 t +94 11 4710366 / 2460082 / f (246) 420 5456 sally@yahoo.com f +98 21 22921620
f (91-11) 22146071 2460582 e julielwhite@sunbeach.net e info@gzle.com
e schoolmarketing@pearsoned.co.in f +94 11 2332939 US VIRGIN ISLANDS
e tjeya@slt.lk BELIZE Victor Coira MIDDLE EAST - GENERAL
Overleaf – Head office
B Ismael Cocom t (787) 241-6418 Pearson Education
4741/23, Ansari Road, Ground Floor Sajid Makeen M & M Variety Store e victor.coira@pearson.com PO Box 500598, Office 1604,
Daryaganj, New Delhi – 110002 Zubair Makeen 9 Cross Rd/George Price Blvd, Al Thuraya Tower 1
t +91 9999797190 140 Front Street, Colombo 11 REST OF CARIBBEAN
Benque Viejo Del Carmen, Cayo Dubai Media City, Dubai
t +94 2449917 or 94 2375930 District Zahra Ali t +971 4 3678618 ext 108
INDONESIA f +94 2375931 or 94 2338706 t/f (501) 823 2306 t (001) 868 753 2537 m +971 50 6503342
Meriwati Djajakustio e zms@sltnet.lk e bismaelcocom@yahoo.com e Zahra.ali@pearson.com/ write_ e randa.eljurdi@pearson.com
Jl Salam No. 10 Pejompongan,
sally@yahoo.com e eyad.darawsheh@pearson.com
Jakarta Pusat 10210 TAIWAN CURACOA YOUR PEARSON EDUCATION UK
t/f +62 21 5704-050 Rita Chen Please refer to UK office CONTACT: SAUDI ARABIA
e enquiry@pearsoned-id.com 5F, No. 147, Chung-Ching South
Jon Knight Eyad Darawsheh
PT. Mentari Books Indonesia Road, Sec.1, Taipei DOMINICA Pearson Sales & Marketing Manager
t +886 2 2370-8168 Rupert Lance t +44 1865 314890
Rukan Sentra Niaga Puri Indah End of Palestine Road, Ware house
f +886 2 2370-8169 Jimmit, Mahaut f +44 1865 314981
Block T1-14, Puri Indah, Jakarta Zone, P.O. Box 51868, Jeddah
e elt.srv@pearsoned.com.tw t (767) 449 1588 e jon.knight@pearson.com
Barat 11610 21553, Saudi Arabia
t +62 21 5830 2871 e rslance@hotmail.com t +966 2 6558799
THAILAND EUROPE AND
e mentari@dnet.net.id f +966 2 6592096
Alison Taylor DOMINICAN REPUBLIC MIDDLE EAST
498/16 Nonsee Rd, Yannawa, Bangkok Ivette Tejeda For all European International School m +966 505887619
JAPAN
10120 t (809) 722-7500 enquiries, please contact Nicola e eyad.darawsheh@pearson.com
Ben Dyer
2-44-5 Koenji-Minami, Suginami-Ku, t +662 681 5515 e ivette.tejeda@pearsoned.com Wookey: Mohammed Allahamm
Tokyo 166-0003 f +662 681 5517 t +44 (0) 1279 623672 Pearson Sales & Marketing Executive
e cserve@pearson-indochina.com GRENADA e Nicola.Wookey@Pearson.com m +966 509764207
t +81 (0)3 5929-6090
Basil V Bonaparte f +966 2 6592096
f +81 (0)3 5929-6098 For a full list of your local
VIETNAM ‘Bonaville’, Archibald Avenue, St e mohammad.laham@pearson.com
e elt@pearsoned.co.jp representatives across Europe, please
Pham Thu Hien George’s
No. 29/9 Yen The Street, Tan Binh t (473) 440 5641 visit our website: Future Education
KOREA
District, Ho Chi Minh City f (473) 440 6650 www.internationalschools.co.uk/ End of Palestine St, P.O. Box 51868
Rilla Roessel europe
t +84 8 844-3172 e basilvb@caribsurf.com Jeddah, 21553
No. 404 Sin La 2 Building, 137-5
f +84 8 848-5516 Saudi Arabia
Yeonhee-Dong, Seodaemun-Ku, IRELAND
e thuhien@pearsoned.com.vn GUYANA t +966 2 224 0485 / 6295565
Seoul 120-111 Carroll Education Ltd
Austins Book Services f +966 2 640 0705
t +82 (0)2 2014-8800 YOUR PEARSON EDUCATION UK 34A Lavery Avenue, Park West,
190 Church St, North Cummingsburg, e Info@futureducation.org
f +82 (0)2 2014-8801 CONTACT: Nangor Road, Dublin 12
Georgetown
e elt@pearsoned.co.kr Chris Hemings t +353 1 612 0860 UNITED ARAB EMIRATES
t (592) 227 7395
t +44 1865 314590 f +353 1 625 1919 Randa El Jurdi
LAOS & MYANMAR f (592) 227 7396
f +44 1865 314169 e info@carrolleducation.ie Pearson Education, PO Box 500598,
Pearson Education South Asia e austins@guyana.net.gy
e chriss.hemmings@pearson.com STA Ltd, 252 Harolds Cross Rd, Office 1604, Al Thuraya Tower 1
Joy Tan
JAMAICA Dublin 6W Dubai Media City, Dubai
t +65 6319-9309 AUSTRALIA AND NEW George Davis t +393 1 496 6688 t +971 4 3678618 ext 108
f +65 6319-9174
ZEALAND The Book Merchant f +393 1 496 6899 m +971 50 6503342
e cs_indochina@pearson.com
AUSTRALIA 9 Easton Avenue, Kingston 5 e info@staeducational.com e randa.eljurdi@pearson.com
MALAYSIA Pearson Education Australia t (876) 946 0926 All Prints Distributors and Publishers,
20 Thackray Road, Port Melbourne, International Educational Services
Norfidah Abdul Rahman f (876) 946 1080 PO Box 857, Al Nasr St, Abu Dhabi
Victoria 3207 Ltd, Weston Industrial Estate, Salmon
Lot 2, Jalan 215, Off Jalan Templer, e gdavis@bookmerchant.net t +971 2 6336 999
t 03 9245 7111 Leap, Leixlip, Co Kildare
46050 Petaling Jaya, Selangor Darul t +353 1 621 0310 f +971 2 6320 844
f 03 9245 7333 PUERTO RICO
Ehsan f +353 1 621 0188 e allprints@allprints.ae
e schools@pearsoned.com.au Lourdes Sanfiorenzo
t +603 7801-2000 e info@iesltd.ie w www.allprints.ae
Calle 272 Lote 12, 2do. Piso
f +603 7781-8005 w www.iesltd.ie
NEW ZEALAND Urb. Industrial Country Club Jashanmal National Company
e inquiry@pearsoned.com.my
Pearson Education Carolina, Puerto Rico 00983 Newspapers, Magazines & Books
Private Bag 102902, North Shore TURKEY Division, PO Box 1545, Dubai
PAKISTAN t (787) 769 4830
0745, Auckland Pearson Education Yayincilik Ltd. Sti t +971 43419757
Puplishers Marketing Associates e lourdes.sanfiorenzo@pearson.com
t +64 9 442 7400 Morbasan Sok. Koza Is Merkezi f +971 43407047
Head Office, C-20, Mehran Town B Blok Kat 4 Balmumcu, Istanbul
f +64 9 442 7406 ST LUCIA e customercarenpp@jashanmal.ae
Extension, Sector 31-A, Korangi t +90 212 288 69 41
e customer.service@pearsoned.co.nz Rufus Khodra
Township, Korangi, Karachi f +90 212 267 18 51 Magrudy’s Educational Resource
PO Box 4101, Bocage PO, Castries
t +92 21 5112867/69 e muge.yildiran@pearson.com Centre, 31st Street, Jumeirah 1
CARIBBEAN t (758) 451 6129
f +92 21 511 2871 P.O. Box 1155
ANTIGUA e rkhodra@hotmail.com EGYPT
e pma@cyber.net.pk Dubai, UAE
Linda M. Hogan CTC, 35 Gamiat al-Doual al-Arabia,
Caribbean Educational Services LTD, ST MAARTEN t +971 (04) 344 4192
PHILIPPINES Mohandessin, Giza, Cairo f +971 (04) 344 4954
(Map Shop), PO BOX 469, Please refer to UK office
Dennis Lazo t +202 749 3803/4 e info@magrudy.com
2nd Floor, J L Building, No. 23, St. Mary’s Street, St. John’s f +202 760 1466
t 001 268 4623993 w www.magrudyseducation.com
Matalino Street, Bgy Central, Diliman, e ctc@access.com.eg
Quezon City, 1101 f 001 268 4623995
t +632 4345-501 e linmarie2000@hotmail.com
f +632 4339-757
e custserv@pearsoned.com.ph
I S B N 978-0-997-81427-9
50%
9 780997 814279
Pearson Education is committed to reducing its impact on the environment by using responsibly sourced and recycled paper.