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AQA AS Economics Student Unit Guide: Unit 1 New Edition Markets and Market Failure

Ray Powell


Paperback
£9.99

ISBN: 9781444148244
Published: 30/09/2011
Extent: 104 pages
Illustrations: Full colour illustrations


 
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This title can be found as an eBook in the following stores:

WHSmith
Waterstones
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Summary:
Written by a senior examiner, Ray Powell, this AQA AS Economics Student Unit Guide is the essential study companion for Unit 1: Markets and Market Failure.

This full-colour book includes all you need to know to prepare for your unit exam: 


  •     clear guidance on the content of the unit, with topic summaries, knowledge check questions and a quick-reference index 
  •     examiner's advice throughout, so you will know what to expect in the exam and will be able to demonstrate the skills required   
  •     exam-style questions, with graded student responses, so you can see clearly what is required to get a better grade



    • Table of Contents:
    Introduction
    Content Guidance
    Introduction to the specification
    The economic problem
    Supply and demand in competitive markets
    Elasticity
    Prices and resource allocation
    Production and efficiency
    Market failure, public goods and externalities
    Merit and demerit goods, income and wealth inequalities,
    and labour immobility
    Monopolies and the allocation of resources
    Government intervention in the market
    Questions and Answers


    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 textbook, also published by Philip Allan Updates.


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