Publisher's Synopsis
This comprehensive text, written by Ray Powell, provides a thorough foundation for the A2 Economics course and is essential reading for AQA Economics students.
The book provides detailed coverage of the content of the two A2 units, which focus respectively on microeconomics and macroeconomics. There is thorough coverage of topics that first appear at A2, together with an A2 treatment of topics such as market failure and AD/AS analysis that are common to both A2 and AS.
- Improve understanding with clear definitions of key terms and concepts- Apply theory in a real-world context using case studies- Review questions can be used to assess understanding throughout the course- Sample exam-style questions, together with graded answers and detailed commentaries are available online at www.hodderplus.co.uk/philipallanCONTENTS:
Introduction
Chapter 1 How to become an even better economist
Unit 3 Business economics and the distribution of income
Chapter 2 Introduction to business economics
Chapter 3 Production and cost theory
Chapter 4 Revenue theory and market structures
Chapter 5 Perfect competition and monopoly
Chapter 6 Evaluating perfect competition and monopoly
Chapter 7 Oligopoly and concentrated markets
Chapter 8 Further aspects of the growth of firms
Chapter 9 Industrial policy
Chapter 10 Market failure
Chapter 11 Government failure and cost-benefit analysis
Chapter 12 Labour markets
Chapter 13 Poverty and the distribution of income and wealth
Unit 4 The national and international economy
Chapter 14 Economic growth, development and standards of living
Chapter 15 Developing the aggregate demand and aggregate supply macroeconomic model
Chapter 16 Employment and unemployment
Chapter 17 Inflation and the Phillips curve
Chapter 18 Money, banks and monetary policy
Chapter 19 Fiscal policy and supply-side policy
Chapter 20 International trade and globalization
Chapter 21 The balance of payments
Chapter 22 Exchange rates, the pound, the dollar and the euro
