153 Economics A Level Topical Solved Paper 3

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Book Code : 153

Subject Code : 9708

Author : Imran Latif

Updated Till : June 2019

Publishers : Read and Write Publications

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      Description

      This book provides a thorough exercise of paper 3 for students taking Cambridge International

      Examinations Economics A Level Topical Solved Paper. Multiple Choice Questions from past examinations are sorted into relevant chapters and topics which will enable students to practice their understanding systematically.

      Features:

      All variants:

      1274 MCQs Classified in 20 chapter and 84 subtopics

      References of repeated questions added

      Solved with explanation of all choices A,B,C & D

      Questions order from new to old & easy to difficult

      MCQ’s grouped in (Descriptive)(Graphical)

      (Numerical) questions

      Economics A Level Topical Solved Paper

      Following Topics are Covered in this book

      Economics A Level Topical Solved Paper

      TABLE OF CONTENTS

      UNIT 1 THEORY OF CONSUMER BEHAVIOR

      1.1 Law of diminishing marginal utility

      Answer Section

      1.2 Law of equiutility

      Answer Section

      1.3 Budget line

      Answer Section

      1.4 Indifference curve analysis

      Answer Section

      Economics A Level Topical Solved Paper

      UNIT 2 PRODUCTION & COST

      2.1 Law of diminishing returns

      Answer Section

      2.2 Long Run production function (Least cost inputs mix)

      Answer Section

      2.3 Accounting cost and economic cost

      Answer Section

      2.4 Short costs

      Answer Section

      2.5 Returns to scale

      Answer Section

      2.6 Economies and dis economies of scale

      Answer Section

      2.7 Minimum efficient scale

      Answer Section

      2.8 Isoquant and isocost

      Answer Section

      2.9 Small firms

      Answer Section

      2.10 Multiple topics of chapter 2

      Answer Section

      UNIT 3 RULES OF FIRM’S BEHAVIOR

      3.1 Profit maximization (MR=MC) rule

      Answer Section

      3.2 Shut down Rule

      Answer Section

      3.3 Multiple topics of chapter 3

      Answer Section

      UNIT 4 PERFECT COMPETITION

      4.1 Perfect Competition price and output determination

      Answer Section

      4.2 Perfect Competition supply curve of a firm

      Answer Section

      4.3 Multiple topics of chapter 4

      Answer Section

      Economics A Level Topical Solved

      UNIT 5 MONOPOLY

      5.1 Monopoly curves

      Answer Section

      5.2 Monopoly price and output determination

      Answer Section

      5.3 Monopoly topics of chapter 5

      Answer Section

      UNIT 6 MONOPOLISTIC COMPETITION

      6.1 Monopolistic Competition

      Answer Section

      Economics A Level Topical Solved

      UNIT 7 OLIGOPOLY

      7.1 Oligopoly Demand Curve

      Answer Section

      7.2 Oligopoly leadership and cartel

      Answer Section

      7.3 Oligopoly of price collusion

      Answer Section

      7.4 Oligopoly of firms (Mergers and integration)

      Answer Section

      7.5 Oligopoly topics of chapter 7

      Answer Section

      Economics A Level Topical Solved

      UNIT 8 COMPARISON OF MARKET STRUCTURES

      8.1 Comparison of market structures

      Answer Section

      8.2 Concentration ratio

      Answer Section

      UNIT 9 FIRM’S OBJECTIVES, PRICE DISCRIMINATION AND CONTESTABLE MARKETS

      9.1 Objectives of firms

      Answer Section

      9.2 Price discrimination

      Answer Section

      9.3 Contestable markets

      Answer Section

      Economics A Level Topical Solved

      UNIT 10 ECONOMIC EFFICIENCY & MARKET FAILURE

      10.1 Economic efficiency

      Answer Section

      10.2 PPC & economic efficiency

      Answer Section

      10.3 Socially optimum output & types of market failure

      Answer Section

      10.4 Imperfect market & market Failure

      Answer Section

      10.5 Government policies

      Answer Section

      10.6 Multiple topics of chapter 10

      Answer Section

      Economics A Level Topical Solved

      UNIT 11 LABOUR MARKET

      11.1 Marginal revenue product (MRP)

      Answer Section

      11.2 Individual Supply of labour

      Answer Section

      11.3 Firm and market supply of labour

      Answer Section

      11.4 Marginal cost of labour

      Answer Section

      11.5 Wage determination in perfect market

      Answer Section

      11.6 Wage determination in monopsony

      Answer Section

      11.7 Wage determination with trade union

      Answer Section

      11.8 Strength of trade union

      Answer Section

      11.9 Wage differentials

      Answer Section

      11.10 Economic rent and transfer earnings

      Answer Section

      11.11 Multiple topics of chapter 11

      Answer Section

      Economics A Level Topical Solved

      UNIT 12 INEQUALITY AND POLICIES TO DISTRIBUTE INCOME

      12.1 Means tested benefits

      Answer Section

      12.2 Types of taxes

      Answer Section

      12.3 Gini coefficient and Lorenz curve

      Answer Section

      12.4 Multiple topics of chapter 12

      Answer Section

      Economics A Level Topical Solved

      UNIT 13 NATIONAL INCOME ACCOUNTING

      13.1 Concepts of national income

      Answer Section

      13.2 Nominal and Real GDP

      Answer Section

      13.3 Methods of measuring national income

      Answer Section

      UNIT 14 ECONOMIC GROWTH & DEVELOPMENT

      14.1 Meaning of economic growth

      Answer Section

      14.2 Actual versus potential growth

      Answer Section

      14.3 Factors contributing to economic growth

      Answer Section

      14.4 Costs and benefits of growth

      Answer Section

      14.5 Standard of living

      Answer Section

      14.6 Economic development and classification of countries

      Answer Section

      UNIT 15 KEYNESIAN THEORY OF INCOME & EMPLOYMENT

      15.1 Circular flow of income

      Answer Section

      15.2 Consumption function

      Answer Section

      15.3 Marginal and average propensities

      Answer Section

      15.4 National income equilibrium

      Answer Section

      15.5 Multiplier (K)

      Answer Section

      15.6 Accelerator (a)

      Answer Section

      15.7 Multiple topics of chapter 15

      Answer Section

      UNIT 16 MONEY, BANKING & INTEREST RATE DETERMINATION

      16.1 Banking

      Answer Section

      16.2 Credit Creation

      Answer Section

      16.3 Money Supply

      Answer Section

      16.4 Liquidity preference

      Answer Section

      16.5 Changes in interest rate

      Answer Section

      UNIT 17 MONETARY AND DEVELOPMENT POLICIES

      17.1 Quantity Theory of Money

      Answer Section

      17.2 Macroeconomic policies

      Answer Section

      17.3 Automatic stablizers

      Answer Section

      17.4 Multiple topics of chapter 17

      Answer Section

      UNIT 18 EMPLOYMENT AND UNEMPLOYMENT

      18.1 Types of Unemployment

      Answer Section

      18.2 Effects of Unemployment

      Answer Section

      18.3 Labour force and labour productivity

      Answer Section

      UNIT 19 MACROECONOMIC OBJECTIVES AND CONFLICTS

      19.1 Short run phillips curve

      Answer Section

      19.2 Government macroeconomic aims

      Answer Section

      19.3 Approaches of macroeconomics

      Answer Section

      UNIT 20 OTHERS

      20.1 Aggregate demand and supply

      Answer Section

      20.2 Elasticity

      Answer Section

      20.3 Absolute and percentage values

      Answer Section

      20.4 General questions

      Answer Section

      YEARLY PAPERS

      March 2017 Paper 32

      Answer Key

      May 2017 Paper 32

      Answer Key

      October 2017 Paper 32

      Answer Key

      2018 Paper 32

      Answer Key

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