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AQA AS Economics Student Unit Guide: Unit 2 The National Economy
Ray Powell

Paperback
£7.99

ISBN: 9780340947487
Published: 30/01/2009
Extent: 96 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
Aims
Examinable skills
Objective-test skills
Data-response skills
A strategy for tackling the examination
Revision planning
Content Guidance
About this section
Introduction to the specification
National income, economic growth and the economic cycle
Aggregate demand and the circular flow of income
The aggregate demand and aggregate supply macroeconomic model
Policy objectives and conflicts
Employment, unemployment, inflation and deflation
The balance of payments on current account
Fiscal policy
Monetary policy
Supply-side policies
Evaluating national economic performance
Questions and Answers
About this section
Objective-test questions
Answers to objective-test questions
Data-response questions
Q1 Growth and recession
Q2 Investment, productivity and macroeconomic performance
Q3 Monetary policy and inflation
Q4 Wages and inflation
Q5 Fiscal policy and supply-side economics
Q6 The UK’s trade and the economic slow-down


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.


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