Summary: Carefully structured around the Edexcel specification, Edexcel A2 Economics combines clear and concise explanation and analysis of economic terms and concepts with frequent examples that show the application of those concepts to real-world situations. Exercises throughout the book enable students to engage in economic analysis in an active way that assists learning. Commentary on these exercises together with additional questions and discussion points are available in an accompanying Teacher Guide that can be purchased separately.This highly accessible yet authoritative book is essential reading for all A2 students following the Edexcel specification.
Comprehensive, board-specific textbook which systematically covers the specification contentExplains key terms and conceptsIncludes up-to-date, real-world examplesFeatures regular summaries throughout each chapter for quick revisionProvides exercises to engage students in economic analysisSupported by a Teacher Guide, with answers/commentary to all the exercises in the textbook
Table of Contents: PART 1 Business economics and economic efficiencyChapter 1 Firms and their motivationsChapter 2 Market structure: perfect competition and monopolyChapter 3 Market structure: monopolistic competition and oligopolyChapter 4 Pricing strategies and contestable marketsChapter 5 Government intervention to promote competitionPART 2 The global economyChapter 6 Globalisation and tradeChapter 7 The balance of payments and exchange ratesChapter 8 Monetary union and international competitivenessChapter 9 Poverty and inequality in developed and developing countriesChapter 10 Limits to growth and developmentChapter 11 Macroeconomic policies for growth and developmentChapter 12 Promoting growth and development
About the Author(s): Peter Smith is a senior lecturer in the Economics Division at the University of Southampton, and is editor of Economic Review, published by Philip Allan Updates. He is a Fellow of the Higher Education Academy, and an Associate of the Academy’s Economics Network.