ECONOMICS - A Level
A Level the next step in the GCE qualification, is offered in Pakistan by a variety of private institutions based on the examination standards of the UK. Spanning across Pre-Engineering, Business, Computing, Art or Pre-Medical
Cambridge A Level Economics Subject Introduction (9708)
The Cambridge A Level Economics syllabus evolves an understanding of economic theory, terminology and principles. The students study Economics of different countries. They also learn to work with simple economics data and to use the tools of economics analysis. Learners apply the understanding of economics to current economic issues.
Why economic is an important subject in A Levels:
The Cambridge A Level Economics syllabus establishes a foundation for further study, including Cambridge International AS & A Level Economics, or the same. It helps students in learning more skills they need for their next step in education or in their professional life.
What does economics have to do with law?
Economics has even been applied to criminal law as society tries to develop laws and punishments that deter deviant behavior. A strong economic background can help lawyers to enter the specific areas: Finance, by better understanding how stock, bond, and other financial markets work. Law and economics share with alternative branches of economics the supposition that individuals are rational and answer to incentives.
Course Contents
Government macroeconomic intervention
- Government macroeconomic policy objectives
- Links between macroeconomic problems and their interrelatedness
- Effectiveness of policy options to meet all macroeconomic objectives
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
How you will be assessed
Paper 1
- AS Level Multiple Choice 1 hour 30 marks 30
- multiple-choice questions Questions are based on the AS Level subject content.
- Externally assessed 33% of the AS Level 17% of the A Level
Paper 2
- AS Level Data Response and Essays 2 hours 60 marks
- Section A: one data response question (20 marks)
- Section B: one essay from a choice of two focusing mainly on microeconomics; there are two parts to each essay question (20 marks)
- Section C: one essay from a choice of two focusing mainly on macroeconomics; there are two parts to each essay question (20 marks) Questions are based on the AS Level subject content.
- Externally assessed 67% of the AS Level 33% of the A Level
Paper 3
- A Level Multiple Choice 1 hour 15 minutes 30 marks 30
- multiple-choice questions Questions are based on the A Level subject content; knowledge of material from the AS Level subject content is assumed.
- Externally assessed 17% of the A Level
Paper 4
- A Level Data Response and Essays 2 hours 60 marks
- Section A: one data response question (20 marks)
- Section B: one essay from a choice of two focusing mainly on microeconomics; the essay questions are unstructured with no parts (20 marks)
- Section C: one essay from a choice of two focusing mainly on macroeconomics; the essay questions are unstructured with no parts (20 marks) Questions are based on the A Level subject content; knowledge of material from the AS Level subject content is assumed.
- Externally assessed 33% of the A Level