Economics: for A level year 2 created by Peter Smith

Includes an index

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

Develop students' confidence and understanding progressively through OCR A Level economics with brand new case studies to explore all key topic areas, worked examples to build the quantitative skills required of the new curriculum and activities to put microeconomic and macroeconomic theory into practice.