OCR A Level Economics Book 1

by PeterSmith (Author)

• New

  Paperback
  2015

  $44.71

  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