A Level Economics CAIE

A Level Economics CAIE

Dates Available

• Week 1: 29 March – 2 April
• Week 2: 5 April – 9 April
• Week 3: 12 April – 16 April

Boards

CAIE 9708

Length of Course

20 hour course

Times

2pm to 6pm

The CAIE Economics A level syllabus is distinctive, with one paper of multiple-choice questions and one written paper containing extended writing and resource-response. The seminars are all four hours long and will cover examination technique and practice, with some scaffolding of knowledge. The course is broadly organised as follows, though tutors may choose to be flexible in their approach to suit the needs of the students and the flow of each session:

Monday (PM)

Topic 7: The Price System and the Microeconomy

Utility; indifference curves and budget lines; efficiency and market failure; private costs and benefits, externalities and social costs and benefits; types of cost, revenue and profit; short-run and long-run production; different market structures; growth and survival of firms; differing objectives and policies of firms.

Tuesday (PM)

Topic 8: Government Microeconomic Intervention

Government policies to achieve efficient resource allocation and correct market failure; equity and redistribution of income and wealth; labour market forces and government intervention.

Wednesday (PM)

Topic 9: The Macroeconomy

The circular flow of income; economic growth and sustainability; employment/unemployment; money and banking.

Thursday (PM)

Topic 10: Government Macroeconomic Intervention

Government macroeconomic policy objectives; links between macroeconomic problems and their interrelatedness; effectiveness of policy options to meet all macroeconomic objectives.

Friday (PM)

Topic 11: International Economic Issues

Policies to correct disequilibrium in the balance of payments; exchange rates; economic development; characteristics of countries at different levels of development; relationship between countries at different levels of development; globalisation.