Methodology

This list is based on analysis of Cambridge International A-Level Economics 9708 past papers (2019–2024), examiner reports, mark schemes and syllabus. Topics are ranked by frequency and mark allocation. Examiner reports emphasise application and evaluation.

Top 10 most frequently tested topics

1. Demand and supply; market equilibrium

Evidence: Foundation for microeconomics. Examiner reports note diagram labelling and shift analysis.

Covers: demand and supply curves; equilibrium; shifts; consumer and producer surplus.

2. Elasticity (PED, PES, YED, XED)

Evidence: Elasticity appears in most papers. Examiner reports note formula and application errors.

Covers: PED; PES; YED; XED; factors; applications to policy.

3. Market failure and government intervention

Evidence: Externalities, merit/demerit goods, public goods. Core to extended questions.

Covers: market failure types; externalities; taxes; subsidies; regulation; asymmetric information.

4. Macroeconomic objectives (inflation, unemployment, growth)

Evidence: Macro indicators and policies. Examiner reports note definition completeness.

Covers: inflation causes and effects; unemployment types; economic growth; balance of payments.

5. Fiscal and monetary policy

Evidence: Government spending; taxation; interest rates. Data response and essay.

Covers: fiscal policy; monetary policy; aggregate demand; limitations.

6. Application to data and context

Evidence: Examiner reports repeatedly note copying without analysis. Data response requires application.

Covers: using extract data; interpreting graphs; referencing figures; context-specific analysis.

7. Costs, revenue and market structures

Evidence: Firm behaviour; perfect competition; monopoly. Examiner reports note diagram accuracy.

Covers: cost curves; revenue; profit; market structures; efficiency.

8. International trade and exchange rates

Evidence: Comparative advantage; protectionism; exchange rates. Appears in macro sections.

Covers: trade; exchange rates; balance of payments; protectionism.

9. Labour markets

Evidence: Wage determination; labour market failure. Microeconomics.

Covers: demand and supply of labour; wage determination; trade unions; minimum wage.

10. Evaluation and assessment

Evidence: Levels-based marking. Examiner reports note incomplete evaluation.

Covers: strengths and limitations; time horizon; magnitude; relative importance; conclusion.

Revision priority

Use the data—examiner reports flag copying without analysis. Diagram labelling and complete definitions matter. Evaluation must include limitations and conclusion. See common mistakes.

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Sources: Cambridge past papers 2019–2024, examiner reports, syllabus.