Edexcel Economics A Theme 1: Introduction to markets and market failure

Casey, Brendan John Brendan John Casey,

ISBN 10: 1515238989 / ISBN 13: 9781515238980

Published by CreateSpace Independent Publishing Platform, 2015

About this Item

Edexcel Economics A Theme 1: Introduction to markets and market failure This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. .

Seller Inventory # 7719-9781515238980

Bibliographic Details

• Title: Edexcel Economics A Theme 1: Introduction to markets and market failure
• Publisher: CreateSpace Independent Publishing Platform
• Publication Date: 2015
• Language: English
• ISBN 10: 1515238989
• ISBN 13: 9781515238980
• Binding: paperback
• Condition: Very Good

About this title

Synopsis

 

Description

This book is intended as both a revision guide and student notes for Edexcel Economics A Theme 1: Introduction to markets and market failure.

Topics covered include:

• Basic economic problem
• Opportunity cost
• Specialisation and the division of labour
• Behavioural economics
• Economic systems
• Demand/supply
• Market clearing
• Elasticities - PED, PES, YED, XED
• Incidence of taxation
• The housing market
• Market failure
• Public goods & private goods

Detailed examples of market failure covered:

• Road pricing
• Healthcare
• Higher education
• New airports and runways
• Buffer stock schemes
• Agriculture
• Pollution
• Fishing

Although mainly aimed at the Edexcel A Level syllabus it may also have relevance for other students on other economics courses post-16 or degree level.