Edexcel Economics AS

By Peter Smith
October 2008
Hodder Education
ISBN: 9780340948040
Distributed by Trans-Atlantic Publications
247 pages, Illustrated
$62.50 Paper original

Edexcel AS Economics has been written specifically to meet the needs of AS students following the Edexcel specification. The book provides comprehensive up-to-date coverage of the subject content while recognising that AS students will probably be meeting economics for the first time.

Carefully structured around the Edexcel specification, Edexcel AS 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 AS students following the Edexcel specification.

Table of Contents:
PART 1: Competitive markets – how they work and why they fail
(covers AS Unit 1)
Introducing economics
The nature of demand
The nature of supply
Market equilibrium and price
The price mechanism
The market for labour
Market failure
Government intervention and government failure
PART 2: Managing the economy
(covers AS Unit 2)
Measuring economic performance
Income and wealth
Aggregate demand
Aggregate supply
Macroeconomic equilibrium
Economic growth
Macroeconomic policy objectives
Macroeconomic policy instruments




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