Edexcel A level Economics A Book 1

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