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Essential Economics By Adrian Lyons

Essential Economics

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Using real events and relevant newspaper extracts, this text seeks to explain key concepts in economics. It includes summaries and "Makes you think!" sections to develop students' understanding and aid revision. It accounts for the new SCAA criteria for A Level economics.

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Essential Economics Summary


Essential Economics by Adrian Lyons

Using real events and relevant newspaper extracts, this text seeks to explain key concepts in economics. It includes summaries and "Makes you think!" sections to help develop students' understanding and aid revision. All material has been trailed with A Level and first year undergraduate students. The text has been written in the light of new SCAA criteria for A Level economics and the new syllabuses. It should be useful for a modular approach to A Level, allowing students to gain an understanding of economics as part of a business course.

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Table of Contents


Doing economics. Part 1 The market economy: scarcity and choice; specialization; demand; supply; price; elasticity; the factors of production; business - their costs, revenue and profit; economies of scale; business ownership; the aims of business; the benefits of competition; setting up and closing down. Part 2 When the market fails: public and merit goods; privatization in the UK; monopolies - good or bad?; the environment - are externalities a necessary evil?; when should governments intervene in markets?. Part 3 The national and international economy: demand, supply and the circular flow of income; inflation; unemployment; regional policy; economic growth; the balance of payments; international trade; exchange rates; the European Union; economic development.

Additional information

GOR002116112
Essential Economics by Adrian Lyons
Adrian Lyons
Used - Very Good
Paperback
Hodder Arnold
1996-11-04
155
0340683449
9780340683446
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.