Unit 1: Markets in Action gives an introduction to the nature of economics and examines how the price mechanism allocates resources in local, national and global markets. Students will learn to apply supply and demand analysis to real-world situations, and will be able to suggest reasons for consumer behaviour. They will analyse the nature and causes of market failure and also understand the strengths and weaknesses of possible policy remedies.

第 1 单元：市场在行动 介绍了经济学的本质，并研究了价格机制如何在地方、国家和全球市场上分配资源。 学生将学习将供需分析应用到现实世界中，并能够提出消费者行为的原因。 他们将分析市场失灵的性质和原因，并了解可能的政策补救措施的优缺点。

• The nature of economics 经济的性质
• Demand and consumer behaviour 需求和消费者行为
• Supply 供给
• Wage determination in labour markets 劳动力市场的工资决定
• Market failure 市场失败
• Government interventions 政府干预