Our economics A-level notes are designed to simplify complex concepts and make revision easier. Download our comprehensive 9708 notes today and boost your understanding of economics.
Understanding the Assessment Structure
The A-Level Economics (9708) assessment is structured to evaluate your understanding of both AS and A Level content. Here’s a breakdown of the papers:
Paper 1 and Paper 3: Multiple Choice
- Paper 1 (AS Level): 1 hour, 30 multiple-choice questions based on AS Level content.
- Paper 3 (A Level): 1 hour 15 minutes, 30 multiple-choice questions based on A Level content.
Paper 2 and Paper 4: Data Response and Essays
- Paper 2 (AS Level): 2 hours, featuring one data response question and two essay questions (microeconomics and macroeconomics).
- Paper 4 (A-Level): 2 hours, featuring one data response question and two unstructured essay questions.
Each paper contributes to your overall grade, so it’s crucial to approach them with a thorough understanding of the syllabus and ample practice.
9708 Syllabus Overview
The A-Level Economics 9708 syllabus is divided into two key stages: AS Level and A Level. Each section covers fundamental economic theories and their applications, equipping students with analytical skills crucial for understanding microeconomics and macroeconomics.
AS Level Economics Topics
- Basic Economic Ideas and Resource Allocation
- Scarcity, choice, and opportunity cost
- Economic methodology
- Factors of production
- Resource allocation in different economic systems
- Production possibility curves
- Classification of goods and services
- The Price System and the Microeconomy
- Demand and supply curves
- Price elasticity (demand, income, and supply)
- Interaction of demand and supply
- Consumer and producer surplus
- Government Microeconomic Intervention
- Reasons and methods for government intervention
- Effects of government policies
- Addressing income and wealth inequality
- The Macroeconomy
- National income statistics
- Circular flow of income
- Aggregate Demand and Aggregate Supply (AD/AS)
- Economic growth
- Unemployment and price stability
For more detailed exam structure and syllabus information kindly visit Cambridge International
Strategies for Success: Mastering Advanced Economic Concepts
To excel in a level of economics, it’s crucial to:
- Develop a thorough understanding of both AS and A Level syllabus content.
- Cultivate strong analytical and evaluative skills.
- Practice consistently with past papers to familiarize yourself with the exam format and question styles.
- Engaging with 9708 past papers allows you to practice applying economic theory to real-world scenarios, and understand the expectations of the examiners.
- Utilize effective A-level economics notes to consolidate your learning.
Our notes and all study materials are designed to simplify complex topics, making it easier to grasp and apply them effectively. Additionally, practicing with past papers helps reinforce your understanding and improves exam performance. check out our collection of past papers for targeted practice. This practice ensures you’re well-prepared for the exams.