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Cambridge International AS & A Level Economics (9708)
1. Basic economic ideas and resource allocation
2. The price system and the microeconomy
2.1 Demand and supply curves
2.2 Price elasticity, income elasticity and cross elasticity of demand
2.3 Price elasticity of supply
2.4 The interaction of demand and supply
2.5 Consumer and producer surplus
3. Government microeconomy intervention
4. The Macroeconomy
5. Government macroeconomic intervention
6. International economic issues
A-Level/CAIE/Economics//AS/Concept/2. The price system and the microeconomy

2. The price system and the microeconomy

Syllabus
9708–2026–2027
Section
2
Level
AS

Exam analysis

Most tested topics

  1. Demand and supply curves
  2. Price elasticity, income elasticity and cross elasticity of demand
  3. Price elasticity of supply
  4. The interaction of demand and supply
  5. Consumer and producer surplus