Name: AQA A-level Economics Book 1
Price: 57.59 USD
ISBN: 9781471829796

Hodder Education

Ray Powell, James Powell

AQA A-level Economics Book 1

US$ 57.59

Buy eBook Now Gift eBook

The publisher has enabled DRM protection, which means that you need to use the BookFusion iOS, Android or Web app to read this eBook. This eBook cannot be used outside of the BookFusion platform.

Description

Contents

Reviews

Exam Board: AQA
Level: AS/A-level
Subject: Economics
First Teaching: September 2015
First Exam: June 2016

Build knowledge of Economics through active learning with the latest Powell textbook, featuring quantitative skills practice and brand new case studies.

This textbook has been fully revised to reflect the 2015 AQA A-level specification, giving you up-to-date material that supports your teaching and will enable your students to:

- Develop subject knowledge with topic-by-topic support from Ray Powell and James Powell, who both have extensive experience in teaching and examining
- Demonstrate awareness of current issues in Economics through brand new case studies that also help build analytical and evaluative skills
- Use the language of economics to explain important concepts and issues effectively, with key terms identified throughout the text and glossaries for both microeconomics and macroeconomics
- Build quantitative skills with worked examples
- Stretch and challenge their knowledge with extension materials
- Prepare for exams with practice questions and activities throughout

Language

English

ISBN

9781471829796

Cover

Title Page

Get the most from this book

Contents

Introduction

Breakdown of the examinations

Part 1 Microeconomics

1 Economic methodology and the economic problem

1.1 Economic methodology

1.2 The nature and purpose of economic activity

1.3 Economic resources

1.4 Scarcity, choice and the allocation of resources

1.5 Production possibility diagrams

2 Price determination in a competitive market

2.1 The determinants of demand for goods and services

2.2 Price, income and cross-elasticities of demand

2.3 The determinants of the supply of goods and services

2.4 Price elasticity of supply

2.5 The determination of equilibrium market prices

2.6 The interrelationship between markets

2.7 Applications of demand and supply analysis to particular markets

3 Production, costs and revenue

3.1 Production and productivity

3.2 Specialisation, division of labour and exchange

3.3 Costs of production

3.4 Economies and diseconomies of scale

3.5 Average revenue, total revenue and profit

4 Competitive and concentrated markets

4.1 Market structures

4.2 The objectives of firms

4.3 Competitive markets

4.4 Monopoly and monopoly power

4.5 The competitive market process

5 The market mechanism, market failure and government intervention in markets

5.1 How markets and prices allocate resources

5.2 The meaning of market failure

5.3 Public goods, private goods and quasi-public goods

5.4 Positive and negative externalities in production and consumption

5.5 Merit and demerit goods

5.6 Market imperfections

5.7 An inequitable distribution of income and wealth

5.8 Government intervention in markets

5.9 Government failure

Microeconomic key terms

Microeconomic practice questions

Part 2 Macroeconomics

6 The measurement of macroeconomic performance

6.1 The objectives of government economic policy

6.2 Macroeconomic indicators

6.3 The uses of index numbers

7 How the macroeconomy works

7.1 The circular flow of income

7.2 Aggregate demand and aggregate supply analysis

7.3 The determinants of aggregate demand

7.4 Aggregate demand and the level of economic activity

7.5 The determinants of short-run aggregate supply

7.6 The determinants of long-run aggregate supply

8 Economic performance

8.1 Economic growth and the economic cycle

8.2 Employment and unemployment

8.3 Inflation and deflation

8.4 The balance of payments on current account

8.5 Possible conflicts between macroeconomic objectives

9 Macroeconomic policy

9.1 Monetary policy

9.2 Fiscal policy

9.3 Supply-side policies

Macroeconomic key terms

Macroeconomic practice questions

Index