Aat Study Text: Intermediate Paper 8 - Economics and Statistics (4/90)

Aat Study Text: Intermediate Paper 8 - Economics and Statistics (4/90)

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One of a series of regularly updated Study Texts providing coverage of the examinations of the Association of Accounting Technicians (AAT), this workbook covers the entire syllabus and includes numerous questions from past examinations with full suggested solutions. The text is structured along the lines of the syllabus itself, and attempts to describe each topic to the level of knowledge required for the examination, in language and with numerical examples that students with little or no expertise in either economics or statistics can understand. Each part of the text ends with a bank of questions, some of them drawn from past AAT examination papers, together with full suggested solutions. The text has been revised to meet the requirements of the 1988 syllabus. A companion Practice and Revision Kit (principally comprising progressively arranged series of questions and solutions) is also available.
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Product details

  • Paperback | 625 pages
  • 205 x 290mm
  • BPP Publishing Ltd
  • London, United Kingdom
  • Revised
  • Revised edition
  • 0862773490
  • 9780862773496

Table of contents

Part 1 Economics: introduction to economics and economic concepts; demand theory - supply and demand; applications of demand theory; price and income elasticity of demand; theory of consumer behaviour; theory of the firm - costs and output; perfect and imperfect competition-monopoly ; public policy towards monopolies and mergers; interest and wages; national income; national income and the economic role of government; determination of national income - Keynesian analysis; the multiplier, the accelerator and trade cycles; fiscal policy and taxation; inflation and unemployment; prices and incomes policies; monetary policy; the nature and function of money; the role of central and commercial banks; credit creation and the money supply; the capital and money markets in the UK; international trade; the balance of payments; exchange rates. Part 2 Statistics: collection of data; presentation of data - frequency distributions and tables, charts and histograms, graphs; averages; dispersion; time series analysis - moving averages and seasonal variations; correlation, regression and forecasting; probability; sampling, significance testing and quality control.
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