Cambridge International AS & A Level Economics Exam Preparation and Practice with Digital Access (2 Years) (4th Edition)

Description

Designed to increase your confidence, help you recognise different question types, understand connections between concepts, reflect on progress and manage test anxiety. A wealth of questions and activities improve your ability to recall knowledge and answer effectively. Your awareness and familiarity with exam language is increased by the focus on command words, time management, and the marks breakdown within and across exam papers. Self-assessment checklists and sample answers also help to deepen learning. Includes digital access and over 400 auto-marked questions and past-paper question practice. All other answers available via Cambridge GO. This text has not been through the endorsement process for the Cambridge Pathway. Any references or materials related to answers, grades, papers or examinations are based on the opinion of the author(s). The Cambridge International Education syllabus or curriculum framework associated assessment guidance material and specimen papers should always be referred to for definitive guidance.

Key Features

• A variety of case studies put theory into real-life contexts and give you the opportunity to apply your knowledge and skills.
• Build useful exam skills through active learning and focusing on questions rather than content summaries.
• Recognise effective learning techniques to become a critical thinker and apply your knowledge beyond the exam.
• Learn key command words, the variety of question types, how your time should be distributed throughout the exam paper, and how the marks breakdown
• within and across exam papers.
• ‘Reflection on progress’ opportunities and self-assessment checklists help you to process your own learning.
• ‘Knowledge recall’ questions help you consolidate your learning.
• Learn to recognise connections between concepts and present these connections clearly. The past paper question practice sections give you opportunities to
• draw your knowledge of several topics together.

Table of Contents

1. Contents
2. How to use this series
3. How to use this book
4. Exam skills framework
5. Introduction
6. Basic economic ideas and resource allocation (AS Level)
7. Scarcity, choice and opportunity cost
8. Economic methodology
9. Factors of production
10. Resource allocation in different economic systems
11. Production possibility curves
12. Classification of goods and services
13. The price system and the micro economy (AS Level)
14. Demand and supply curves
15. Price elasticity, income elasticity and cross-elasticities of demand
16. Price elasticity of supply
17. The interaction of demand and supply
18. Consumer and producer surplus
19. Government microeconomic intervention (AS Level)
20. Reasons for government interventions in markets
21. Methods and effects of government interventions in markets
22. Addressing income and wealth inequality
23. The macro economy (AS Level)
24. National income statistics
25. Introduction to the circular flow of income
26. Aggregate demand (AD) and aggregate supply (AS) analysis
27. Economic growth
28. Unemployment
29. Price stability
30. Government macroeconomic intervention (AS Level)
31. Government macroeconomic policy objectives
32. Fiscal policy
33. Monetary policy
34. Supply-side policy
35. International economic issues (AS Level)
36. The reasons for international trade
37. Protectionism
38. Current account of the balance of payments
39. Exchange rates
40. Policies to correct imbalances in the current account of the balance of payments
41. The price system and the micro economy (A Level)
42. Utility
43. Indifference curves and budget lines
44. Efficiency and market failure
45. Private costs and benefits, externalities and social costs and benefits
46. Types of cost, revenue and profit, short-run and long-run production
47. Different market structures
48. Growth and survival of firms
49. Differing objectives and policies of firms
50. Government microeconomic intervention (A Level)
51. Government policies to achieve efficient resource allocation and correct market failure
52. Equity and redistribution of income and wealth
53. Labour market forces and government intervention
54. The macro economy (A Level)
55. The circular flow of income
56. Economic growth and sustainability
57. Employment and unemployment
58. Money and banking
59. Government macroeconomic issues (A Level)
60. Government macroeconomic policy objectives
61. Links between macroeconomic problems and their interrelatedness
62. Effectiveness of policy options to meet all macroeconomic objectives
63. International economic issues (A Level)
64. Policies to correct disequilibrium in the balance of payments
65. Exchange rates
66. Economic development
67. Characteristics of countries at different levels of development
68. Relationship between countries at different levels of development
69. Globalisation
70. Glossary
71. Appendix
72. Index.