ISBN-13: 9781510472006
Reinforce your understanding of Individuals, firms, markets and market failure with this A-level Economics Student Guide. This book covers Theme 1-8 of the 14 themes in A-level Economics which can be examined in A-level Paper 1, Markets and market failure, and A-level Paper 3, Economic principles and issues: - Economic methodology and the economic problem - Individual economic decision making - Price determination in a competitive market - Production, costs and revenue - Perfect competition, imperfectly competitive markets and monopoly - The labour market - The distribution of income and wealth: poverty and inequality - The market mechanism, market failure and government intervention in markets