Description
HODDER STOUGHTON EDUCATIONAL OCR A Level Economics Book 2 by Peter Smith
Exam Board: OCRLevel: A-levelSubject: EconomicsFirst Teaching: September 2015First Exam: June 2017This textbook has been fully revised for use with the new 2015 OCR Economics specification, giving you up-to-date material that supports your teaching. This book will enable students to:- Develop subject knowledge, with topic-by-topic insight and advice from Peter Smith, a senior lecturer in Economics and editor of Economic Review- Demonstrate awareness of current issues in economics and build analytical and evaluative skills with brand new case studies- Build their quantitative skills with worked examples- Accurately explain key economic concepts and issues by learning the key terms throughout the text and in the end-of-section glossariesPrepare for exams with practice questions and activities throughout the book SECTION 1: MICROECONOMICSPart 1: How competitive markets workChapter 1: Demand and marginal utilityPart 2: Competition and market powerChapter 2: Business objectivesChapter 3: Costs, output and profitChapter 4: Perfect competition and monopolyChapter 5: Monopolistic competition and oligopolyChapter 6: Markets and resource allocationPart 3: The labour marketChapter 7: Labour demand, labour supply and wage determinationChapter 8: The UK labour marketChapter 9: The role of government and unions in the labour marketPart 4: Market failure and government interventionChapter 10: InequalityChapter 11: The environmentChapter 12: Government intervention in marketsMicroeconomics: key termsMicroeconomics: practice questionsSECTION 2: MACROECONOMICSPart 5: Macroeconomic policy and performanceChapter 13: Growth and developmentChapter 14: The distribution of incomePart 6: Aggregate demand and aggregate supplyChapter 15: The multiplier and acceleratorChapter 16: Views of the macroeconomyChapter 17: The economic cyclePart 7: The application of policy instrumentsChapter 18: The operation of fiscal and monetary policyChapter 19: Approaches to policy for the macroeconomyPart 8: The global contextChapter 20: Globalisation and international tradeChapter 21: Exchange ratesChapter 22: Trade policies and negotiationsPart 9: The financial sectorChapter 23: The role of the financial sector in the real economyChapter 24: The financial sector in developing and emerging economiesChapter 25: The central bank and financial regulationMacroeconomics: key termsMacroeconomics: practice questions