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Economics
Cambridge AS & A Level · 9708
Taken by AS and A Level students
AS Level29 topics
1.1Scarcity, choice and opportunity cost
1.2Economic methodology
1.3Factors of production
1.4Resource allocation in different economic systems
1.5Production possibility curves
1.6Classification of goods and services
2.1Demand and supply curves
2.2Price elasticity, income elasticity and cross elasticity of demand
2.3Price elasticity of supply
2.4The interaction of demand and supply
2.5Consumer and producer surplus
3.1Reasons for government intervention in markets
3.2Methods and effects of government intervention in markets
3.3Addressing income and wealth inequality
4.1National income statistics
4.2Introduction to the circular flow of income
4.3Aggregate Demand and Aggregate Supply analysis
4.4Economic growth
4.5Unemployment
4.6Price stability
5.1Government macroeconomic policy objectives
5.2Fiscal policy
5.3Monetary policy
5.4Supply-side policy
6.1The reasons for international trade
6.2Protectionism
6.3Current account of the balance of payments
6.4Exchange rates
6.5Policies to correct imbalances in the current account of the balance of payments