Study A Level Economics (9708) Online
Explore the foundations of microeconomics, macroeconomics, government intervention, and international trade, developing skills to analyse and evaluate real-world economic issues.
Videos for Each Economics Lesson
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Our A Level Economics videos use clear visuals to break down important and difficult topics, making it easier for you to grasp complex topics.
- End-of-lesson quiz after completion of the video
- In-depth visual explanation of each lesson
- Diagnostic Report to identify your strengths and weaknesses
Overview
CAIE A Level Economics (9708) develops a strong foundation in economic theory and its real-world applications. Students study topics such as scarcity and choice, demand and supply, elasticity, market structures, government intervention, national income, economic growth, unemployment, inflation, fiscal and monetary policy, international trade, exchange rates, development economics, and globalisation.
Exam Board
Cambridge Assessment International Examination
Hours of Study
Learn at your own pace
Approx. 385 hours plus time for assignments
Mode of Study
100% online learning
Level
AS and A2 Level
Revision Notes for Each Lesson of Economics
Prepared by our Subject Tutors, these downloadable notes for A Level Economics provide summarised content for each important topic, perfect for a quick 5-minute revision.
Notes available for A Levels subjects- Summarised content of important topics
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- Teacher-made notes
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Course Content
Key topics
- 1.1 Scarcity, choice and opportunity cost
- 1.2 Economic methodology
- 1.3 Factors of production
- 1.4 Resource allocation in different economic systems
- 1.5 Production possibility curves
- 1.6 Classification of goods and services
- 2.1 Demand and supply curves
- 2.2 Price elasticity, income elasticity and cross elasticity of demand
- 2.3 Price elasticity of supply
- 2.4 The interaction of demand and supply
- 2.5 Consumer and producer surplus
- 3.1 Reasons for government intervention in markets
- 3.2 Methods and effects of government intervention in markets
- 3.3 Addressing income and wealth inequality
- 4.1 National income statistics
- 4.2 Introduction to the circular flow of income
- 4.3 Aggregate Demand and Aggregate Supply analysis
- 4.4 Economic growth
- 4.5 Unemployment
- 4.6 Price stability
- 5.1 Government macroeconomic policy objectives
- 5.2 Fiscal policy
- 5.3 Monetary policy
- 5.4 Supply-side policy
- 6.1 The reasons for international trade
- 6.2 Protectionism
- 6.3 Current account of the balance of payments
- 6.4 Exchange rates
- 6.5 Policies to correct imbalances in the current account of the balance of payments
AS Level candidates also study practical skills.
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Assessments & exams
- Paper 1: A 1-hour multiple-choice paper consisting of 30 questions that test your understanding of core AS Level topics.
- Paper 2: A 2-hour structured data response and essay-based written paper. It includes topics from both Microeconomics and Macroeconomics, and data response questions of the AS Level topics.
- Paper 3: A 1-hour and 15-minute multiple-choice paper consisting of 30 questions that test your understanding of core A2 Level topics.
- Paper 4: A 2-hour structured data response and essay-based written paper. It includes topics from both advanced Microeconomics and Macroeconomics, and data response questions mostly from the A2 Level topics.
AS Level Economics
A2 Level Economics
Mock exams
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Diagnostic Report
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