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