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AS A Level Economics

A & AS Level Economics syllabus aims to:

provide a basis of factual knowledge of economics encourage the student to develop:

  • a facility for self-expression, not only in writing but also in using additional aids, such as statistics and diagrams, where appropriate the habit of using works of reference as sources of data specific to economics
  • the habit of reading critically to gain information about the changing economy we live in
  • an appreciation of the methods of study used by the economist, and of the most effective ways economic data may be analysed, correlated, discussed and presented.

Topics covered1  What is economic efficiency
2  Ceteris paribus
3  Normative and Positive Statements
4  Choices are made at the margin
5  What is an economic system
6  Scarcity, Choice and resource allocation
7  Qualities of good money 
8  What is money?
9  Mixed economy | features, advantages and disadvantages
10  Planned economy | features, advantages and disadvantages
11  Market economic system | features, advantages and disadvantages
12  Production Possibility Curve
13 
Factors of production
14  Specialisation or Division of labour

basic-economic-problem-a-levels

 

Topics covered1  Monopsony in the labour market 

2  Arguments in favour of and against minimum wages 

3  Government intervention through minimum wages
4  Role of trade unions in wage determination
5  Changes in the demand and supply of labour
6  Wage determination under free market forces
7  Shifts in Labour Supply
8  Supply of labour
9  factors affecting demand for labour
10  Demand for labour and wage determination
11  Demand for labour
12  Labour Market | An Introduction
13  Budget Line
14  Production in the Short run
15  Equi-marginal Principle
16  Law of diminishing marginal utility
17  Price Elasticity of Supply
18  Price Elasticity of demand
19   Consumer Surplus
20  Production in the Long run

price-system-theory-of-firm-a-level

Two Unit has been added. More Units will be added soon. So keep in touch!!

Scheme of Assessement

Cambridge International A & AS Level Economics

Syllabus code 9708

Centres and candidates may choose to:

  • take all Advanced Level (A Level) and Advanced Subsidiary Level (AS Level) components at one exam session, leading to the full A Level qualification (Papers 1, 2, 3 and 4)
  • take the AS Level components (Papers 1 and 2) at one exam session and, having received the AS qualification, take both A Level components (Papers 3 and 4) at a later session, leading to the full A Level qualification
  • take the AS Level components only (Papers 1 and 2) at one exam session, leading to the AS qualification.

Examinations

Cambridge International A & AS Level Economics

Syllabus code 9708

Paper 1 [1 hour]
30 multiple choice questions (Core)
Paper 2 [1 hour 30 mins]
(a) Data response (Core) 1 question
(b) Structured essay (Core) 1 from a choice of 3
Paper 3 [1 hour]
30 multiple choice questions (Supplement)
Paper 4 [2 hours 15 mins]
(a) Data response (Supplement) 1 question
(b) Essays (Supplement) 2 from a choice of 6


Students appearing for AS Level have to sit for only Paper 1 and Paper 2

Students appearing for A level have to sit for all the four papers i.e. Paper 1,2,3 and 4.

Papers 3 and 4 test the topics in the Supplement, but also require a knowledge and understanding of the topics in the Core.
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