Description

Exam Board: OCR
Level: A-level
Subject: Economics
First Teaching: September 2015
First Exam: June 2016

This textbook has been produced in collaboration with OCR for use with the new 2015 OCR Economics specification, giving you up-to-date material that supports your teaching. This book will enable students to

- Develop subject knowledge, with topic-by-topic insight and advice from Peter Smith, a professorial fellow in: Economics and editor of Economic Review
- Demonstrate awareness of current issues in economics and build analytical and evaluative skills with new case studies
- Build their quantitative skills with worked examples
- Accurately explain key economic concepts and issues by learning the key terms throughout the text and in the end of section glossaries
- Prepare for exams with practice questions and activities throughout the book

Contents
Introduction

Section 1 - Microeconomics
- Part 1 Scarcity and choice
--Chapter 1: Introducing economics
- Part 2 How competitive markets work
--Chapter 2: The coordination problem
--Chapter 3: The nature of demand
--Chapter 4: The nature of supply
--Chapter 5: Market equilibrium and the price system
--Chapter 6: Prices and resource allocation
-Part 3 Market failure and government intervention
--Chapter 7: Market failure and externalities
--Chapter 8: Other forms of market failure
--Chapter 9: Government intervention and government failure
Microeconomics key terms
Microeconomics practice questions

Section 2 - Macroeconomics
- Part 4 Economic policy objectives and indicators of macroeconomic performance
--Chapter 10: Macroeconomic performance: inflation
--Chapter 11: Macroeconomic performance: employment and unemployment
--Chapter 12: Measuring economic performance: economic growth
- Part 5 Aggregate demand and aggregate supply
--Chapter 13: Aggregate demand
--Chapter 14: Aggregate supply and macroeconomic equilibrium
- Part 6 The application of policy instruments
--Chapter 15: Macroeconomic policy instruments
- Part 7 The global context
--Chapter 16: International trade
--Chapter 17: The balance of payments and the exchange rate
Macroeconomics key terms
Macroeconomics practice questions
Index

OCR A Level Economics Book 1

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Short Description:

Exam Board: OCRLevel: A-levelSubject: EconomicsFirst Teaching: September 2015First Exam: June 2016This textbook has been produced in collaboration with OCR for... Read more

    Publisher: Hodder Education
    Publication Date: 30/01/2015
    ISBN13: 9781471829895, 978-1471829895
    ISBN10: 1471829898

    Number of Pages: 256

    Description

    Exam Board: OCR
    Level: A-level
    Subject: Economics
    First Teaching: September 2015
    First Exam: June 2016

    This textbook has been produced in collaboration with OCR for use with the new 2015 OCR Economics specification, giving you up-to-date material that supports your teaching. This book will enable students to

    - Develop subject knowledge, with topic-by-topic insight and advice from Peter Smith, a professorial fellow in: Economics and editor of Economic Review
    - Demonstrate awareness of current issues in economics and build analytical and evaluative skills with new case studies
    - Build their quantitative skills with worked examples
    - Accurately explain key economic concepts and issues by learning the key terms throughout the text and in the end of section glossaries
    - Prepare for exams with practice questions and activities throughout the book

    Contents
    Introduction

    Section 1 - Microeconomics
    - Part 1 Scarcity and choice
    --Chapter 1: Introducing economics
    - Part 2 How competitive markets work
    --Chapter 2: The coordination problem
    --Chapter 3: The nature of demand
    --Chapter 4: The nature of supply
    --Chapter 5: Market equilibrium and the price system
    --Chapter 6: Prices and resource allocation
    -Part 3 Market failure and government intervention
    --Chapter 7: Market failure and externalities
    --Chapter 8: Other forms of market failure
    --Chapter 9: Government intervention and government failure
    Microeconomics key terms
    Microeconomics practice questions

    Section 2 - Macroeconomics
    - Part 4 Economic policy objectives and indicators of macroeconomic performance
    --Chapter 10: Macroeconomic performance: inflation
    --Chapter 11: Macroeconomic performance: employment and unemployment
    --Chapter 12: Measuring economic performance: economic growth
    - Part 5 Aggregate demand and aggregate supply
    --Chapter 13: Aggregate demand
    --Chapter 14: Aggregate supply and macroeconomic equilibrium
    - Part 6 The application of policy instruments
    --Chapter 15: Macroeconomic policy instruments
    - Part 7 The global context
    --Chapter 16: International trade
    --Chapter 17: The balance of payments and the exchange rate
    Macroeconomics key terms
    Macroeconomics practice questions
    Index

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