Economics from the ground up A text for students of VCE Economics Units 1 and 2 (2nd edition)
Chapter 1:  Introduction to Economics      Chapter 2:  Consumers and Business       Chapter 3:  How markets work in Australia     Chapter 4:  Mkt case studies/market structure  

Teachers can select the ‘Teacher resources’ menu option above and navigate to the relevant chapter of the course being covered in class.  Alternatively, teachers can select the relevant chapter from the options below.


The intention is to include the answers to all ‘Activities’ contained in the text as well as include other contemporary references and exercises that will help to provide teachers and students with greater variety and challenge throughout the year.

Sample answers to Unit 1 exercises