Edexcel A level Economics A Book 1

Description

Exam Board: Edexcel Level: AS/A-level Subject: Economics First Teaching: September 2015 First Exam: June 2016 Develop your students’ knowledge of themes 1 and 2 of the Edexcel specification and put theory into context with focused case studies and practice activities. Maximise their potential in Edexcel A level Economics A with this Edexcel-endorsed textbook, which includes topic-by-topic guidance from Peter Smith: – Keep your students’ up to date with the rapidly changing world: new exciting case studies will help them analyse and evaluate – Build their quantitative skills with worked examples and practice activities throughout the book – Ensure they can explain key economic concepts and issues accurately and effectively: learn the key terms throughout the text and in the theme-by-theme glossaries – Feel confident in their exam skills: put what they learn into practice with activities and practice questions Contents Theme 1 Introduction to markets and market failure – Chapter 1 The nature of economics – Chapter 2 The nature of demand – Chapter 3 The nature of supply – Chapter 4 How markets work: price determination – Chapter 5 How markets work: the price mechanism in action – Chapter 6 Market failure and externalities – Chapter 7 Market failure: public goods and information gaps – Chapter 8 Government intervention and government failure Theme 1 key terms Theme 1 practice questions Theme 2 The UK economy – performance and policies – Chapter 9 Measures of economic performance: economic growth – Chapter 10 Measures of economic performance: inflation, unemployment and the balance of payments – Chapter 11 Aggregate demand – Chapter 12 Aggregate supply – Chapter 13 National income and macroeconomic equilibrium – Chapter 14 Economic growth – Chapter 15 Macroeconomic policy objectives – Chapter 16 Macroeconomic policies Theme 2 key terms Theme 2 practice questions Index