AQA A Level Economics 4th Edition by Ray Powell, James Powell ISBN 9781510451957 1510451951

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Product details:

ISBN 10: 1510451951
ISBN 13: 9781510451957
Author: Ray Powell, James Powell

AQA A Level Economics 4th Edition Table of contents:

Part 1 Microeconomics Individuals, firms, markets and market failure

1 Economic methodology and the economic problem

1.1 Economic methodology

1.2 The nature and purpose of economic activity

1.3 Economic resources

1.4 Scarcity, choice and the allocation of resources

1.5 Production possibility diagrams

2 Individual economic decision making

2.1 Consumer behaviour

2.2 Imperfect information

2.3 Aspects of behavioural economic theory

2.4 Behavioural economics and economic policy

3 Price determination in a competitive market

3.1 The determinants of demand

3.2 Price, income and cross elasticities of demand

3.3 The supply of goods and services

3.4 Price elasticity of supply

3.5 The determination of equilibrium market prices

3.6 The interrelationship between markets

4 Production, costs and revenue

4.1 Production

4.2 Specialisation, division of labour and exchange

4.3 The law of diminishing returns and returns to scale

4.4 Costs of production

4.5 Economies and diseconomies of scale

4.6 Marginal, average and total revenue

4.7 Profit

4.8 Technological change

5 Perfect competition, imperfectly competitive markets and monopoly

5.1 Market structures

5.2 The objectives of firms

5.3 Perfect competition

5.4 Monopoly and monopoly power

5.5 The advantages and disadvantages of monopoly

5.6 Monopolistic competition

5.7 Oligopoly

5.8 Price discrimination

5.9 The dynamics of competition and competitive market processes

5.10 Contestable and non-contestable markets

5.11 Market structure, static efficiency, dynamic efficiency and resource allocation

5.12 Consumer and producer surplus

6 The labour market

6.1 The demand for labour

6.2 Influences on the supply of labour to different labour markets

6.3 Perfectly competitive labour markets

6.4 Imperfectly competitive labour markets

6.5 The influence of trade unions in determining wages and levels of employment

6.6 The national minimum wage

6.7 Discrimination in the labour market

7 The distribution of income and wealth: poverty and inequality

7.1 The distribution of income and wealth

7.2 The problem of poverty

7.3 Government policies to alleviate poverty and to influence the distribution of income and wealth

8 The market mechanism, market failure and government intervention in markets

8.1 How markets and prices allocate resources

8.2 The meaning of market failure

8.3 Private goods, public goods and quasi-public goods

8.4 Positive and negative externalities in production and consumption

8.5 Merit and demerit goods

8.6 Market imperfections

8.7 Competition policy

8.8 Public ownership, privatisation, regulation and deregulation of markets

8.9 Government intervention in markets

8.10 Government failure

Microeconomics key terms

Part 2 Macroeconomics The national and international economy

9 The measurement of macroeconomic performance

9.1 The objectives of government economic policy

9.2 Macroeconomic indicators

9.3 The uses of index numbers

9.4 Uses of national income data

10 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts

10.1 The circular flow of income

10.2 Aggregate demand and aggregate supply analysis

10.3 The determinants of aggregate demand

10.4 Aggregate demand and the level of economic activity

10.5 Determinants of short-run aggregate supply

10.6 Determinants of long-run aggregate supply

11 Economic performance

11.1 Economic growth and the economic cycle

11.2 Employment and unemployment

11.3 Inflation and deflation

11.4 Conflicts between macroeconomic policy objectives

12 Financial markets and monetary policy

12.1 The structure of financial markets and financial assets

12.2 Commercial banks and investment banks

12.3 Central banks and monetary policy

12.4 The regulation of the financial system

13 Fiscal policy and supply-side policies

13.1 Fiscal policy

13.2 Supply-side policies

14 The international economy: globalisation and international trade

14.1 Globalisation

14.2 Trade

14.3 The balance of payments

15 Exchange rate systems and economic growth and development

15.1 Exchange rate systems

15.2 Economic growth and development

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Tags: Ray Powell, James Powell, Level Economics, AQA