AQA A2 Economics

Summary:
This textbook has been written specifically to meet the needs of A2 students following the AQA specification.

AQA A2 Economics provides detailed coverage of the content of the two A2 units, which focus respectively on microeconomics and macroeconomics. There is thorough coverage of topics that first appear at A2, together with an A2 treatment of topics such as market failure and AD/AS analysis that are common to both A2 and AS.

Unit themes are clearly explained, and special emphasis is given to the theories students need to know and apply. Each chapter includes definitions of key terms, examiner's voice comments that identify important points and offer exam guidance, and boxed examples and case studies placing the theory in a real-world context. Each chapter concludes with a summary and a set of review questions that can be used to assess understanding and for revision.

Advice on exam skills and additional extension material is available online. Go to www.hodderplus.co.uk/philipallan.

An accompanying Teacher Guide (ISBN: 978-0-34-94753-1), available for purchase by teachers, offers answers to the review questions as well as providing range of classroom support materials. Student Unit Guides by Ray Powell for Units 3 and 4 are also published by Philip Allan Updates.

• Written by a highly experienced senior examiner
• Clear definitions of key terms and economic concepts
• Case studies to place theory in real-world contexts
• Chapter summaries and self-testing questions
• Examiner's guidance throughout
• Online support with sample Q&As plus commentaries
• Supporting Teacher Guide comprising:
  * Answers to all end-of-chapter questions
  * PowerPoint classroom presentations
  

Table of Contents:
Chapter 1 How to become an even better economist
Unit 3 Business economics and the distribution of income
Chapter 2 Introduction to business economics
Chapter 3 Production and cost theory
Chapter 4 Revenue theory and market structures
Chapter 5 Perfect competition and monopoly
Chapter 6 Evaluating perfect competition and monopoly
Chapter 7 Oligopoly and concentrated markets
Chapter 8 Further aspects of the growth of firms
Chapter 9 Industrial policy
Chapter 10 Market failure
Chapter 11 Government failure and cost-benefit analysis
Chapter 12 Labour markets
Chapter 13 Poverty and the distribution of income and wealth
Unit 4 The national and international economy
Chapter 14 Economic growth, development and standards of living
Chapter 15 Developing the aggregate demand and aggregate supply macroeconomic model
Chapter 16 Employment and unemployment
Chapter 17 Inflation and the Phillips curve
Chapter 18 Money, banks and monetary policy
Chapter 19 Fiscal policy and supply-side policy
Chapter 20 International trade and globalization
Chapter 21 The balance of payments
Chapter 22 Exchange rates, the pound, the dollar and the euro
Index

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 Student Unit Guides, also published by Philip Allan Updates.