AL 9708 Economics P2 Topical | 2002-2022 | Saeed Afzal

 1,350

Series: 9708 AS Economics Topical  P2 with Mark Scheme
Syllabus: CAIE 2023-2025
Pattern: Topic-wise Questions with Mark Scheme

Author: Saeed Afzal
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Publisher: Students Resource Airport Road
Compiler: Saeed Afzal
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Content for Paper 2 Topical

CHAPTER 1: BASIC ECONOMICS IDEAS
1.1 Scarcity, Opportunity, Cost, PPC 6
1.2 Classification of Goods  and Policies to Deal with These Goods 17
1.3 Economic Systems, Nationalisation, Privatisation 34
CHAPTER 2: DEMAND, SUPPLY, MARKET EQUILIBRIUM
2.1 Determinants of Demand and Supply 46
2.2 Market Equilibrium & Changes in Market Equilibrium 48
CHAPTER 3: ELASTICITY OF DEMAND AND SUPPLY
3.1 Types of Elasticity, PED, XED, YED, PES 56
3.2 Practical use of the knowledge of YED, XED, PED, PES 64
3.3 Determinants of PED, PES 75
CHAPTER 4: GOVERNMENT INTERVENTION IN MICRO ECONOMICS
4.1 Producer & Consumer Surplus and Government Intervention  (Indirect Tax, Subsidy) 84
4.2 Government Intervention  in Price Mechanism and Price Controls 91
CHAPTER 5: MODERN AD & AS, MEASURING NATIONAL INCOME & ECONOMIC GROWTH
5.1 AS, AD, Equilibrium level of National Income 98
5.2 Factors, Causes and Effects of Economic Growth 102
5.3 Government Policies to Promote Economic Growth 115
CHAPTER 6: MONEY, INFLATION AND DEFLATION
6.1 Functions & Characteristics of Money (A2). Specialization and Division of Labour (AS) 126
6.2 Causes, Reasons & Types of inflation 130
6.3 Consequences, Effects of Inflation & Deflation 139
6.4 Measurement of Inflation with Problems 147
UNIT 7: INTERNATIONAL TRADE
7.1 Classical Theories of Absolute and Comparative Advantage with Limitations 150
7.2 ToT, Determinants of ToT, Effects of Changes in ToT 155
7.3 Methods of Protectionism, Arguments in Favour and against Protectionism 159
7.4 International Economic Integration (not included in AS 2023-2025 Syllabus ) 165
UNIT 8:  EXCHANGE RATES
8.1 Determination of Exchange Rate (ER) 168
8.2 Flexible ER (AS Level). Fixed ER and Managed Floating ER (A2) 169
8.3 Effects of Appreciation and Depreciation of Currency 175
UNIT 9: BALANCE OF PAYMENT (BoP) CURRENT ACCOUNT
9.1 Structure of (BoP) Current Account 178
9.2 Causes of (BoP) Current Account Disequilibrium. (BoP) Current Account Deficit & Surplus 179
9.3 Effects of (BoP) Current Account Deficit or Surplus 181
UNIT 10: APPLICATION OF GOVERNMENT  POLICIES MACRO ECONOMIC POLICES
10.1 Government Macro Economic Policies 184
10.2 Government Policies to Correct (BoP) Current Account Deficit 190
10.3 Government Policies to Control Different Types of Inflation and Deflation 195
UNIT 11: REASONS FOR INEQUALITIES AND POLICIES TO REDUCE INCOME INEQUALITIES. GINI COEFFICIENT 
11.1 Reasons for Inequalities and Policies to reduce Income inequalities. Gini Co–efficient 202
UNIT 12: UNEMPLOYMENT
12.1 Causes, Types, consequences and measurement of unemployment. Polices to reduce unemployment 208
UNIT 13: DATA RESPONSE QUESTIONS
A. Price Theory 218
B. Money and Inflation 274
C. International Economics 304
D.

 

New Topics are included in AS Level Syllabus. (These topics are shifted from A2)

i.              Measuring National Income.

ii.             Economic growth and unemployment.

iii.            Income inequalities

(Questions can be asked from these topics in data response)

Cambridge Specimen Paper 2 for 2023-2025 Exams 400

 

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AL 9708 Economics P2 Topical | 2002-2022 | Saeed Afzal
 1,350