AS Economics

Cambridge Assessment International Examination’s goals for its Economics courses include:

• know and understand the terminology, concepts, theories and principles of economics
• express ideas in writing and using statistics and diagrams, or other methods, where appropriate
• develop the habit of using works of reference as sources of information specific to economics
• read critically to gain information about the changes in the wider economic and social environment
• appreciate the methods of study that economists use, and the most effective ways economic information may be analysed, correlated, discussed, evaluated and presented
• develop an interest in and enthusiasm for economics that could lead to further study

AS candidates study the following topics:

1. Basic economic ideas and resource allocation
2. The price system and the microeconomy
3. Government microeconomic intervention
4. The macroeconomy
5. Government macroeconomic intervention
6. International economic issues