Pearson Economics 12: Australia in the Global Economy Student Book is updated annually to reflect the latest developments in Australia and the global economy relevant to Year 12 students. Updated for the latest curriculum. The 2026 editions have been comprehensively revised to reflect the shifting global economic environment, including escalating trade tensions under the second Trump Administration, renewed geopolitical conflict, and the weakening of key international institutions. They explore the implications of these developments for Australia's economy, examining how global instability, inflation adjustments, and evolving trade relationships are shaping domestic policy and long-term productivity growth.