AQA AS Economics Student Unit Guide: Unit 2 New Edition The National Economy - Softcover

Powell, Ray

Softcover

ISBN 10: 1444148273 ISBN 13: 9781444148275

Publisher: Philip Allan, 2011

Synopsis

Perfect for revision, these guides explain the unit requirements, summarise the content and include specimen questions with graded answers.



Each full-colour New Edition Student Unit Guide provides ideal preparation for your unit exam:



- Feel confident you understand the unit: each guide comprehensively covers the unit content and includes topic summaries, knowledge check questions and a reference index- Get to grips with the exam requirements: the specific skills on which you will be tested are explored and explained- Analyse exam-style questions: graded student responses will help you focus on areas where you can improve your exam technique and performance



CONTENTS:



Content Guidance

- National income, economic growth and the economic cycle

- Aggregate demand and the circular flow of income

- The aggregate demand and aggregate supply macroeconomic model

- Policy objectives and conflicts

- Employment, unemployment, inflation and deflation

- The balance of payments on current account

- Fiscal policy

- Monetary policy

- Supply-side policies

- Evaluating national economic performance



Questions and Answers

- The ECON 2 exam

- The exam's assessment objectives

- Answering objective-test questions

- Answering data-response questions

- The four key skills

- Evaluation and levels of skills mark schemes

- A strategy for tackling the examination

- The exam questions in this Guide

- Understanding UMS marks



Objective-test questions

Questions on Topics 1 to 10



Data-response questions

Q1: Growth and recession

Q2: Investment, productivity and macroeconomic performance

Q3: Monetary policy and inflation

Q4: Wages and inflation

Q5: Fiscal policy and supply-side economics

Q6: The UK's trade and economic slow-down

About this title

About the Author

Ray Powell is currently Head of Economics at Wimbledon High School and is author of the AQA AS and A2 Economics textbooks, and of the AQA Economics Student Unit Guides and Workbooks, also published by Philip Allan.

Edition details

• Publisher: Philip Allan
• Publication date: 2011
• Language: English
• ISBN 10: 1444148273
• ISBN 13: 9781444148275
• Binding: Paperback
• Number of pages: 104