Understanding Economics NCEA Level 3 Teacher's Book is a practical resource for New Zealand economics teachers. Concise notes and a comprehensive set of activities work together to introduce and develop economics principles, concepts and analytical techniques. The notes and activities are applied in a range of situations to reinforce the important ideas and skills that students need for examinations and for the new qualifications framework. The notes and activities have been trialled with NCEA Level three classes in economics over several years with excellent results. This teachera s guide contains suggested answers for all questions.