Description
Book SynopsisExam 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 - M
Table of Contents
- 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 market 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
