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Economics (9708)
6 sections available · 29 chapters available
Free Economics (9708) study notes for Cambridge International AS Level students. Each chapter breaks down a key concept with examples and practice prompts you can turn into AI drills in the thinka app.
The price system and the microeconomy (AS Level)
Demand and supply curves
Price elasticity, income elasticity and cross elasticity of demand
Price elasticity of supply
The interaction of demand and supply
Consumer and producer surplus
Basic economic ideas and resource allocation (AS Level)
Scarcity, choice and opportunity cost
Economic methodology
Factors of production
Resource allocation in different economic systems
Production possibility curves
Classification of goods and services
Government microeconomy intervention (AS Level)
Reasons for government intervention in markets
Methods and effects of government intervention in markets
Addressing income and wealth inequality
The Macroeconomy (AS Level)
National income statistics
Introduction to the circular flow of income
Aggregate Demand and Aggregate Supply analysis
Economic growth
Unemployment
Price stability
Government macroeconomic intervention (AS Level)
Government macroeconomic policy objectives
Fiscal policy
Monetary policy
Supply-side policy
International economic issues (AS Level)
The reasons for international trade
Protectionism
Current account of the balance of payments
Exchange rates
Policies to correct imbalances in the current account of the balance of payments
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