Summary:
Student Unit Guides are perfect for revision. Each guide is written by an examiner and explains the unit requirements, summarises the relevant unit content and includes a series of specimen questions and answers.

There are three sections to each guide:

Introduction – includes advice on how to use the guide, an explanation of the skills being tested by the assessment objectives, an outline of the unit or module and, depending on the unit, suggestions for how to revise effectively and prepare for the examination questions.

Content Guidance – provides an examiner’s overview of the module’s key terms and concepts and identifies opportunities to exhibit the skills required by the unit. It is designed to help students to structure their revision and make them aware of the concepts they need to understand the exam and how they might analyse and evaluate topics.

Question and Answers – sample questions and with graded answers which have been carefully written to reflect the style of the unit. All responses are accompanied by commentaries which highlight their respective strengths and weaknesses, giving students an insight into the mind of the examiner.

• A revision guide specifically written to meet the requirements of the unit
  

• Written by an examiner with commentary on key points and concepts
  

• Features specimen questions and answers, together with examiner's comments
  

Table of Contents:
Introduction
Aims
How to use this guide
Exam format
How to evaluate
A 4-week structured revision plan
How to answer multiple-choice questions
How to answer data-response questions
Content Guidance
About this section
What is the nature of economics?
What determines the demand for a good or service in a market?
What determines the supply of a good or service in a market?
What determines the price of a good or service in a market?
How might a change in the price of a good or service be explained?
What determines the wage rate in a labour market?
Why do some markets fail?
How do governments attempt to correct market failure and what is government failure?
Questions and Answers
About this section
Supported multiple-choice questions
Paper 1 The nature of economics
Paper 2 The demand for goods and services
Paper 3 The supply of goods and services
Paper 4 Market failure and government failure
Data-response questions
Q1 The housing market in England
Q2 The oil and petrol markets
Q3 Road traffic growth
Q4 UK healthcare provision