Exam Board: Edexcel
Level: AS/A-level
Subject: Economics
First Teaching: September 2015
First Exam: June 2016

Develop your students' knowledge of themes 1 and 2 of the Edexcel specification and put theory into context with focused case studies and practice activities.

Maximise their potential in Edexcel A level Economics A with this Edexcel-endorsed textbook, which includes topic-by-topic guidance from Peter Smith:

- Keep your students' up to date with the rapidly changing world: new exciting case studies will help them analyse and evaluate
- Build their quantitative skills with worked examples and practice activities throughout the book
- Ensure they can explain key economic concepts and issues accurately and effectively:
learn the key terms throughout the text and in the theme-by-theme glossaries
- Feel confident in their exam skills: put what they learn into practice with activities and practice questions

Contents

Theme 1 Introduction to markets and market failure
- Chapter 1 The nature of economics
- Chapter 2 The nature of demand
- Chapter 3 The nature of supply
- Chapter 4 How markets work: price determination
- Chapter 5 How markets work: the price mechanism in action
- Chapter 6 Market failure and externalities
- Chapter 7 Market failure: public goods and information gaps
- Chapter 8 Government intervention and government failure
Theme 1 key terms
Theme 1 practice questions

Theme 2 The UK economy - performance and policies
- Chapter 9 Measures of economic performance: economic growth
- Chapter 10 Measures of economic performance: inflation, unemployment and the balance of payments
- Chapter 11 Aggregate demand
- Chapter 12 Aggre