A Level

Economics

Syllabus 9708Cambridge International

Cambridge A Level Economics (9708) covers micro and macroeconomics at university-introductory level — market failure, fiscal policy, monetary policy, international trade and economic development. Four papers including data response and essay-based assessment. Strong choice for Economics, Business, Finance and PPE applications.

Key topics

Microeconomics — demand-supply, elasticity, market failure
Theory of the firm — costs, revenue, market structures
Macroeconomics — AD/AS, inflation, unemployment, growth
Government policy — fiscal, monetary, supply-side
International economics — trade, exchange rates, balance of payments
Economic development & globalisation

Exam tips

01Diagrams are non-negotiable — every answer that can be illustrated, must be illustrated.
02Define-explain-illustrate-evaluate is the universal essay structure.
03For 25-mark essays, write a clear introduction with definitions and 4 well-developed paragraphs.
04Stay updated on global events (oil, inflation, BREXIT, US-China trade) — examiners reward real-world context.
05Practice past papers from at least the last 5 sessions — pattern recognition is half the battle.