Publisher's Synopsis
Description
This book is intended as both a revision guide and student notes for Edexcel Economics A Theme 2: The UK Economy - Performance and Policies. It also contains examples of how to write answers for short answer questions, and long answer questions when doing AD/AS analysis, including evaluation.
Topics covered include:
- Inflation
- Unemployment
- Balance of payments
- GDP
- Economic growth,
- Circular flow of income and the multiplier
- AD/AS analysis
- Government's economic objectives
- Fiscal policy
- Monetary policy
- Supply-side policy
- Public spending and taxation
- Productivity
- The Phillips curve
- Conflicts between government's economic objectives
- Evaluation of government's economic policies
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.