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AQA A2 Economics Student Unit Guide: Unit 3 Business Economics and the Distribution of Income
Ray Powell

Paperback
£7.99

ISBN: 9780340947470
Published: 27/11/2009
Extent: 112 pages
Illustrations: Black and white illustrations


 
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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
Examinable skills
Data-response skills
Essay question skills
The synoptic requirement of the Unit 3 examination
Checklist of relevant Unit 1 terms
Stretch and challenge and achieving the A* grade
Revision planning
Content Guidance
About this section
Introduction to the specification
Firms, production and costs
Market structure and sales revenue
Perfect competition and monopoly
Oligopoly
Evaluating market structures
Industrial policy
Market failure, government failure and cost–benefit analysis
The labour market
Income, wealth and poverty
Questions and Answers
About this section
Data-response questions
The global context
Q1 The global oil market and UK firms
Q2 The collapse of General Motors and the UK car industry
Q3 Global competition and the UK call centre industry
The European Union context
Q4 The Single European Market and UK sports markets
Q5 Over-fishing and the EU’s Common Fisheries Policy
Q6 EU labour migration and the UK
Essay questions
Q1 Objectives and growth of firms
Q2 Price-setting for a rock concert
Q3 The causes of poverty and government policies to reduce poverty


About the Author(s):
Ray Powell is a chief examiner in AS and A-level economics. He is currently head of economics at Wimbledon High School and is author of the AQA economics AS and A2 textbooks, also published by Philip Allan Updates.


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