Inequalities in the distribution of income and wealth and poverty are regarded by many economists as examples of market failure, a topic examined more broadly in the next and final topic of the Content Guidance section of this Student ...
Author: Ray Powell
Publisher: Hachette UK
ISBN: 9781471856778
Category: Study Aids
Page: 162
View: 411
Exam Board: AQA Level: AS/A-level Subject: Economics Reinforce students' understanding throughout the course. Clear topic summaries with sample questions and answers will help to improve exam technique to achieve higher grades. Written by experienced authors Ray and James Powell, this Student Guide for Economics focuses on individual economic decision-making, market failure and government intervention in markets. The first section, Content Guidance, summarises content needed for the exams, with knowledge-check questions throughout. The second section, Questions and Answers, provides samples of different questions and student answers with examples of how many marks are available for each question. Students can: - Identify key content for the exams with our concise summary of topics - Find out what examiners are looking for with our Questions and Answers section - Test their knowledge with rapid-fire questions and answers - Avoid common pitfalls with clear definitions and exam tips throughout - Reinforce their learning with bullet-list summaries at the end of each section