Course Content
Price System, Microeconomy: Consumer Theory
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Topic Questions (MCQ – EASY): Utility
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Topic Questions (MCQ – HARD): Utility
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Topic Questions (MCQ – EASY): Indifference curves and budget lines
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Topic Questions (MCQ – HARD): Indifference curves and budget lines
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Price System, Microeconomy: Efficiency and market failure, Private costs and benefits, externalities and social costs and benefits
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Price System, Microeconomy: Types of cost, revenue and profit, short-run and long-run production
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Price System, Microeconomy: Different market structures
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Price System, Microeconomy: Growth and survival of firms; Differing objectives and policies of firms
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Government MICROeconomic intervention
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Labour market forces and government intervention
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Macroeconomy: circular flow of income
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Macroeconomy: Economic growth and sustainability, Employment, Money and banking
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Government MACROeconomic intervention
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International economic issues
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CAIE A2 Economics – Topic Questions
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