Click any chapter to read the full notes. AS content is units 1–6 (chapters 1–29); A Level content is units 7–11 (chapters 30–53). Everything is free and bilingual (EN/中文).

AS

Unit 1 — Basic economic ideas and resource allocation

6 chapters Unit 1 practice hub →

• Ch 1 · Scarcity, Choice and Opportunity Cost
• Ch 2 · Economic Methodology
• Ch 3 · Factors of Production
• Ch 4 · Resource Allocation in Different Economic Systems
• Ch 5 · Production Possibility Curves
• Ch 6 · Classification of Goods and Services

AS

Unit 2 — The price system and the microeconomy

5 chapters Unit 2 practice hub →

• Ch 7 · Demand and Supply Curves
• Ch 8 · Price Elasticity, Income Elasticity, and Cross Elasticity of Demand
• Ch 9 · Price Elasticity of Supply
• Ch 10 · The Interaction of Demand and Supply
• Ch 11 · Consumer and Producer Surplus

AS

Unit 3 — Government microeconomic intervention

3 chapters Unit 3 practice hub →

• Ch 12 · Reasons for Government Intervention in Markets
• Ch 13 · Methods and Effects of Government Intervention in Markets
• Ch 14 · Addressing Income and Wealth Inequality

AS

Unit 4 — The macroeconomy (AS)

6 chapters Unit 4 practice hub →

• Ch 15 · National Income Statistics
• Ch 16 · Introduction to the Circular Flow of Income
• Ch 17 · Aggregate Demand and Aggregate Supply Analysis
• Ch 18 · Economic Growth
• Ch 19 · Unemployment
• Ch 20 · Price Stability

AS

Unit 5 — Government macroeconomic intervention (AS)

4 chapters Unit 5 practice hub →

• Ch 21 · Government Macroeconomic Policy Objectives
• Ch 22 · Fiscal Policy
• Ch 23 · Monetary Policy
• Ch 24 · Supply-side Policy

AS

Unit 6 — International economic issues (AS)

5 chapters Unit 6 practice hub →

• Ch 25 · The Reasons for International Trade
• Ch 26 · Protectionism
• Ch 27 · Current Account of the Balance of Payments
• Ch 28 · Exchange Rates
• Ch 29 · Policies to Correct Imbalances in the Current Account of the Balance of Payments

A Level

Unit 7 — The price system and the microeconomy (A Level)

5 chapters Unit 7 practice hub →

• Ch 30 · Utility
• Ch 31 · Indifference Curves and Budget Lines
• Ch 32 · Efficiency and Market Failure
• Ch 33 · Private Costs and Benefits, Externalities, and Social Costs and Benefits
• Ch 34 · Types of Cost, Revenue and Profit, Short-Run and Long-Run Production

A Level

Unit 8 — Government microeconomic intervention (A Level)

6 chapters Unit 8 practice hub →

• Ch 35 · Different Market Structures
• Ch 36 · Growth and Survival of Firms
• Ch 37 · Differing Objectives and Policies of Firms
• Ch 38 · Government Policies to Achieve Efficient Resource Allocation and Correct Market Failure
• Ch 39 · Equity and Redistribution of Income and Wealth
• Ch 40 · Labour Market Forces and Government Intervention

A Level

Unit 9 — The macroeconomy (A Level)

4 chapters Unit 9 practice hub →

• Ch 41 · The Circular Flow of Income
• Ch 42 · Economic Growth and Sustainability
• Ch 43 · Employment and Unemployment
• Ch 44 · Money and Banking

A Level

Unit 10 — Government macroeconomic intervention (A Level)

3 chapters Unit 10 practice hub →

• Ch 45 · Government Macroeconomic Policy Objectives
• Ch 46 · Links Between Macroeconomic Problems and Their Interrelatedness
• Ch 47 · Effectiveness of Policy Options to Meet All Macroeconomic Objectives

A Level

Unit 11 — International economic issues (A Level)

6 chapters Unit 11 practice hub →

• Ch 48 · Policies to Correct Disequilibrium in the Balance of Payments
• Ch 49 · Exchange Rates
• Ch 50 · Economic Development
• Ch 51 · Characteristics of Countries at Different Levels of Development
• Ch 52 · Relationship Between Countries at Different Levels of Development
• Ch 53 · Globalisation

This is a free, unofficial Cambridge 9708 Economics revision resource and is not affiliated with Cambridge Assessment International Education.