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Cambridge International AS & A Level Economics (9708)

1. Basic economic ideas and resource allocation

1.1 Scarcity, choice and opportunity cost

1.2 Economic methodology

1.3 Factors of production

1.4 Resource allocation in different economic systems

1.5 Production possibility curves

1.6 Classification of goods and services

1.6.1—Free and private goods

1.6.2—Public goods

1.6.3—Merit goods

1.6.4—Demerit goods

2. The price system and the microeconomy

3. Government microeconomy intervention

4. The Macroeconomy

5. Government macroeconomic intervention

6. International economic issues

A-Level/CAIE/Economics//AS/Concept/1. Basic economic ideas and resource allocation/1.6 Classification of goods and services/1.6.2—Public goods

1. Basic economic ideas and resource allocation

Syllabus: 9708–2026–2027
Section: 1
Level: AS

Exam analysis

Most tested topics

Scarcity, choice and opportunity cost
Economic methodology
Factors of production
Resource allocation in different economic systems
Production possibility curves
Classification of goods and services