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Cambridge International AS and A Level Economics (9708)

A Level Economics, from diagram to judgement.

Your tutor explains each diagram shift, helps you structure data-response answers and essays, and pushes you to evaluate and reach a judgement.

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Explain why a maximum price set below the equilibrium price creates a shortage.[3 marks]

This is worth 3 marks. They go for:

  • At the lower price, quantity demanded rises (1 mark)
  • At the lower price, quantity supplied falls (1 mark)
  • Quantity demanded is greater than quantity supplied, so there is excess demand: a shortage (1 mark)

Examiner tip: Draw the diagram with the maximum price below equilibrium and label the shortage. It often earns marks of its own.

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Assessment

How Cambridge International AS and A Level Economics is assessed

AS Level is Papers 1 and 2. The full A Level adds Papers 3 and 4, either all in one series or staged, with AS taken first.

Syllabus 9708, for exams in 2026–2028.

AS Level (Papers 1–2)

  • Paper 1: AS Level Multiple Choice

    30 multiple-choice questions

    Time
    1 h
    Marks
    30
    Weight
    33% of AS, 17% of A Level

  • Paper 2: AS Level Data Response and Essays

    One data-response question, then two essays (one mainly micro, one mainly macro), each in two parts

    Time
    2 h
    Marks
    60
    Weight
    67% of AS, 33% of A Level

A Level adds Papers 3 and 4

  • Paper 3: A Level Multiple Choice

    30 multiple-choice questions

    Time
    1 h 15 min
    Marks
    30
    Weight
    17% of A Level

  • Paper 4: A Level Data Response and Essays

    Same three sections as Paper 2, with essays not split into parts

    Time
    2 h
    Marks
    60
    Weight
    33% of A Level

There is no coursework. Every paper is a written exam.

From the official Cambridge International syllabus, checked October 2026. Read the syllabus

Syllabus content

What’s on the Cambridge International A Level Economics syllabus

AS Level

  • Basic economic ideas and resource allocation
  • The price system and the microeconomy
  • Government microeconomic intervention
  • The macroeconomy
  • Government macroeconomic intervention
  • International economic issues

A Level

  • The price system and the microeconomy
  • Government microeconomic intervention
  • The macroeconomy
  • Government macroeconomic intervention
  • International economic issues

Where marks are lost

Common Cambridge International A Level Economics mistakes

  • Shifting the curve when the price changes.

    A change in the good’s own price is a movement along the demand curve. Other factors, such as income, shift the curve.

  • Saying lower inflation means prices fall.

    Inflation is a sustained rise in the general price level. When inflation falls, prices are still rising, only more slowly.

  • Ending an essay with “it depends”.

    Say what it depends on and why, then reach a judgement. Evaluation needs a conclusion, not just a list of both sides.

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  • ChloeStep by step
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  • JadeQuick revision
  • LucasChallenger
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FAQ

Cambridge International A Level Economics questions, answered.

Yes. Your tutor helps you plan, then gives feedback on analysis and evaluation. The challenger pushes you to weigh both sides and reach a judgement.

Yes. Paste or photograph the data and your tutor helps you pick out trends, calculate changes and link the data to theory.

Yes. Sketch your diagram on the whiteboard or send a photo, and your tutor checks the axes, labels and shifts.

Yes. The free plan includes 5 tutor messages and 15 minutes of calls a day. Pro and Max give you more when exams get close.

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More Cambridge International A Level subjects

Economics in other curricula