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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
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. Basic economic ideas and resource allocation

Syllabus
9708–2026–2027
Section
1
Level
AS

Exam analysis

Most tested topics

  1. Scarcity, choice and opportunity cost
  2. Economic methodology
  3. Factors of production
  4. Resource allocation in different economic systems
  5. Production possibility curves
  6. Classification of goods and services