1 minute read
GENERAL ECONOMICS
Study Guide GCE A LEVEL ECONOMICS
The Examination Skills Guide
Advertisement
by Christabelle Soh The skills covered in this book are organized by question type. The first section covers the skills needed to answer case study questions and the second section covers the skills needed to answer essay questions. Each skill is illustrated using worked examples of examination-type materials and questions. At the end of each section, a summary of the skills required is provided to enable students to do a quick revision before the relevant papers. Contents: Introduction: The Performance Formula and How Much You will Benefit from this Book; The Structure of a Case Study Question: The H1 Economics Case Study Question (8823 Syllabus) and the H2 Economics Case Study Question (9757 syllabus); Understanding the Case Material: Reading Skills and Interpreting Numerical/ Graphical Data; Answering the Case Study Questions: Question Analysis and How to Score for Each Question Type; Answering the Essay Questions: Point Selection, Point Development, and How to Write an Evaluation; When the Usual Tools Fails: Strategies for Atypical Questions. Readership: GCE A Level Economics Students taking H1 or H2 Economics, GCE A Level Economics Teachers.
120pp Oct 2021 978-981-122-485-0 US$48 £40 978-981-122-413-3(pbk) US$18 £15 Textbook PRODUCTION ECONOMICS
An Empirical Approach
by Charles B Moss (University of Florida, USA) Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential problem is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer’s choice. Contents: Basic Notions of Production Functions; Estimation of the Primal; Empirical Examples of the Primal; Cost and Profit Functions; Estimating Dual Relationships; Technical Change and Efficiency; Differential Models of Production; Topics and Applications; Conclusions and Suggestions for Further Research.
Readership: For graduate students in agricultural and general economics, as well as for researchers.
