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Students learn how to explain and analyse economic issues and arguments, evaluate economic information, and organise, present and communicate ideas and judgements clearly.
The syllabus covers a range of fundamental economic ideas, including an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation, and the causes and consequences of inflation. Students also study the theory of the firm, market failure, macroeconomic theory and policy, and economic growth and development.
The syllabus year refers to the year in which the examination will be taken.
We revise our qualifications regularly to make sure that they continue to meet the needs of learners, schools and higher education institutions around the world and reflect current thinking. In response to teacher feedback, we have rebalanced the division of content between Cambridge International AS & A Level. We have considered the relevance of topics to real-life situations, as well as increasing the focus on international and global issues such as climate change. Please see the 2023-2025 syllabus document for full details on the changes.
The updated syllabus is for examination from June 2023 onwards. Examinations are available in March 2023 for India only. Please see the 2023-2025 syllabus above for full details.
We are developing a comprehensive range of materials to help you teach the updated syllabus. These resources will be available from June 2021 onwards (before first teaching) through our School Support Hub and include:
Face-to-face and online training will be available. For up-to-date information, visit our Events and training calendar.
Cambridge International AS & A Level Economics (Second edition) (Hodder Education)
Build strong subject knowledge and skills and an international outlook with expert author guidance and in-depth coverage of the revised Cambridge International AS & A Level Economics syllabus (9708).
Read more on the Hodder Education website
Economics for Cambridge International AS & A Level (Fourth edition) (Cambridge University Press)
Introduce students to the world of economics and apply their studies to real-life scenarios with global and local case studies. Also includes bridging content between Cambridge IGCSE and International AS & A Level, plus preparing for assessment guidance.
Read more on the Cambridge University Press website
For some subjects, the syllabus states that Grade Descriptions will be made available after first assessment in 2020, 2021 or 2022.
Publication of grade descriptions was paused in response to the Covid-19 pandemic and the temporary changes to the grading standard that have been in place for 2020, 2021 and 2022. We are currently working on producing these grade descriptions. This work will make sure that grade descriptions reflect examination outcomes appropriately and are based on the more stable grading standard that we expect to have in place for June 2023 onwards.
From 2020, we have made some changes to the wording and layout of the front covers of our question papers to reflect the new Cambridge International branding and to make instructions clearer for candidates - learn more.
We provide a wide range of support so that teachers can give their learners the best possible preparation for Cambridge programmes and qualifications. For teachers at registered Cambridge schools, support materials for specific syllabuses are available from the School Support Hub (username and password required).
Sign up for updates about changes to the syllabuses you teach