syllabus for cie

8/13/2019 SYLLABUS FOR CIE

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AS/A Level Economics 9708Unit 1: Introductory ideas and the price system

Recommended Prior Knowledge This Unit starts the course by introducing basic ideas and tools of analysis. Students’ personal experiences as consumer, worker and observer can be drawn into theexposition of the content.

ContextThe material includes demand and supply which will be developed in the following Unit and also used to explain the setting of exchange rates and the effects of sometypes of government intervention. Comparative advantage is introduced and will form the basis of international trade in a later Unit.

OutlineThe Unit considers the basic ideas of economics and its methods with introductory models of demand and supply and comparative advantage explored.

AO Learning outcomes Suggested Teaching activi ties Learning resources

The outcomes indicate the abilities and

skills candidates need to develop inrelation to each section of the syllabus

The following activities may be incorporated into standard exposition of

the subject contentThe activities are intended to encourage student involvement

Book references:

Anderton refers to Anderton Economics(third edition) (Causeway Press)

Bamford refers to Bamford AS Leveland A Level Economics (first edition)(CUP)

Gillespie refers to Gillespie AS & ALevel Economics Through Diagrams

(new edition) (OUP)

Stanlake refers to Stanlake`sIntroductory Economics by S J Grant(seventh edition) (Longman)

Website references:http://www.bized.ac.ukhttp://www.imf.org

http://www.jusbiz.org

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w w w . X t r e m

e P a p e r s . c o m

http://www.bized.ac.uk/

http://www.imf.org/

http://www.jusbiz.org/

http://www.jusbiz.org/

http://www.imf.org/

http://www.bized.ac.uk/




http://www.oheschools.org

http://www.s-cool.co.ukhttp://www.tutor2u.nethttp://www.worldbank.orghttp://www.wto.org

Candidates should

• understand the context ofeconomics

• be aware of the skills involved

• consider the ‘economist’s toolkit’

Survey the weeks news items to establish economic content. Bamford Introduction

Stanlake Chap 1

Newspapers and magazines:

Business Weekhttp://www.businessweek.com The Economisthttp://www.economist.com The Financial Times

http://www.news.ft.com The Guardianhttp://www.guardian.co.uk The Independenthttp://www.independent.co.uk The Telegraph

http://www.telegraph.co.uk The Times http://www.timesonline.co.uk Television:BBC http://www.bbc.co.ukCNN http://www.cnn.com Students should also be encouraged touse appropriate newspapers,

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http://www.oheschools.org/

http://www.s-cool.co.uk/

http://www.tutor2u.net/

http://www.worldbank.org/

http://www.wto.org/

http://www.businessweek.com/

http://www.economist.com/

http://www.news.ft.com/

http://www.guardian.co.uk/

http://www.independent.co.uk/

http://www.telegraph.co.uk/

http://www.timesonline.co.uk/

http://www.bbc.co.uk/

http://www.cnn.com/

http://www.cnn.com/

http://www.bbc.co.uk/

http://www.timesonline.co.uk/

http://www.telegraph.co.uk/

http://www.independent.co.uk/

http://www.guardian.co.uk/

http://www.news.ft.com/

http://www.economist.com/

http://www.businessweek.com/

http://www.wto.org/

http://www.worldbank.org/

http://www.tutor2u.net/

http://www.s-cool.co.uk/

http://www.oheschools.org/




magazines and television programmes

in their own country and region

Review past exam papers to establish nature of approach and content http://www.cie.org.ukhttp://www.cambridgestudents.org.ukhttp://www.learncie.org.uk

1e Candidates should distinguish

between a positive and normativestatement

Survey press headlines to identify and contrast positive and normative

statements

Anderton Unit 45

Bamford Introduction

Gillespie Page 1

Stanlake Chap 1

Tutor2u Positive and NormativeEconomics

1d Candidates should understand theconcept of the margin and relatedecisions to marginal changes

Contrast marginal and average idea by use of numerical data e.g.weekly film attendances, golf round scores or goals scored each gameby footballers

Anderton Unit 47

Bamford Chap 9

Gillespie Pages 27, 29 and 30

Stanlake Chap 13

S-cool Costs and their curves

Tutor2u Marginal Costs

1g Candidates should be familiar with theeconomist’s classification of resourcesapply the classification to economicactivities

Analyse inputs in contrasting production activities e.g. manufacturingand farming activity

Cotton choices activity

Anderton Unit 2

Bamford Chap 1

Gillespie Page 1

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http://www.cie.org.uk/

http://www.cambridgestudents.org.uk/

http://www.learncie.org.uk/

http://www.learncie.org.uk/

http://www.cambridgestudents.org.uk/

http://www.cie.org.uk/




Stanlake Chap 5

Bized Learning materials EconomicsTopic 1, Introductory micro-economics,

Jusbiz The real price of cotton

Tutor2u Factors of Production

1a Candidates should

•

understand the nature of wantsand resources and the resultingeconomic problems

• recognise the operation ofopportunity cost

• apply opportunity cost to differentchoices

Role play e.g. shipwreck, survival (Economics and Business Education

Association resource}

Analyse scarcity for individual, company and nation

Apply opportunity cost to family e.g. holiday and government e.g. publicspending decisions

Anderton Unit 1

Bamford Chap 1

Gillespie Pages 1 and 2

Stanlake Chap 1

Bized Learning materials EconomicsTopic 1, Introductory micro-economics

Oheschools Unit 1 The problems ofhealth care

S-cool Scarcity and Opportunity Cost

Tutor2u Opportunity Cost

Tutor2u Scarcity

1c Candidates should

• understand the nature of theproduction possibility curve

• employ production possibilitycurves to illustrate the basiceconomic problem andopportunity cost

• interpret the production possibility

curve diagram

Introduce plotting graphs of ppcs

Examine alternative shapes of curves and significance of movements

Analyse effects of range of changes moving between and within curves

Anderton Unit 1

Bamford Chap 1

Gillespie Pages 2 and 3

Stanlake Chap 2

Bized Learning materials Economics

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Topic 1, Introductory micro-economics

Oheschools Unit 1 The problems ofhealth care

Tutor2u Production Possibility Frontier

Tutor2u Shifts in the ProductionPossibility Frontier

1i Candidates should• understand the functions and

characteristics of money and itsimportance for economicprogress

• recognise the drawbacks ofbarter

Role play exchange without money

Analyse suitability of selected items to serve as money highlightingweaknesses

Anderton Unit 82

Bamford Chap 1

Gillespie Page 67

Stanlake Chap 7

Bized Learning materials Economics

Topic 8, Money

Tutor2u Money and its Functions

1h Candidates should understand thenature, benefits and limits of division oflabourcontrast the operation of division oflabour in different settings

pin factory, Ford model T and automated production case studiesstudent research on division of labour within a selected organisation withreport backdiscussion of modern working conditions and motivation

Anderton Unit 2Bamford Chap 1Stanlake Chap 6Bized Learning materials EconomicsTopic 1, Introductory micro-economics;Topic 3, Firms and virtual developingcountry copper field trip

4a Candidates should distinguishbetween absolute and comparativeadvantageapply the principle to demonstrate thebenefits of division of labour

Apply to individual’s employment

work numerical exampletranslate to production possibility curve approach

Anderton Unit 14Bamford Chap 4Bized Learning materials EconomicsTopic 11, International economics andvirtual developing country trade field tripTutor2u Theory of Comparative Advantage

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Tutor2u Comparative Advantage –

Worked Examples

2a/b

c

d

Candidates should understand thenature of individual and marketdemand curvesanalyse the factors which influencedemand curvesdistinguish between a shift in andmovement along a curve

collate student observation of demand/price relationshipsurvey factors underlying demand for specified products e.g. oil,holidays, CDs, DVDs etcgraph demand schedules and their movements

Anderton Unit 4Bamford Chap 2Gillespie Pages 4, 5 and 6Stanlake Chap 8Bized Learning materials EconomicsTopic 2, MarketsOheschools Unit 2 The free market

approachS-cool The Demand CurveTutor2u Theory of Demand

2f

g

Candidates should understand thenature of individual and market supplycurvesanalyse the factors which influencesupply curves

show the effect of the introduction ofan indirect tax or subsidydistinguish between a shift in andmovement along a curve

examine producer maximisation motivationanalyse changing supply conditions for different productsgraph supply schedules and their movements

Anderton Unit 5Bamford Chap 2Gillespie Pages 10, 11 and 13Stanlake Chap 10Bized Learning materials Economics

Topic 2, MarketsOheschools Unit 2 The free marketapproachS-cool The Supply CurveTutor2u Theory of Supply

1f Candidates should appreciate theneed for ‘ceteris paribus’ in supply anddemand analysisidentify the elements left unchanged inthe application of the assumption

consider range of outcomes without assumption Anderton Units 4 and 5Bamford Chap 2

2i Candidates should understand thesetting of an equilibrium priceuse diagrams to represent changingconditionsanalyse the effects of changes invariablesapply the analysis to different products

discuss operation of familiar market e.g. produce or sharesstudy price behaviour in a commodity marketplot changes to equilibriumstudent analysis of given changes on equilibrium and interrelationshipsbetween products with report backdetermining the price of a house simulation (virtual learning arcade)the interrelationship between markets simulation (virtual learning

Anderton Unit 6Bamford Chap 2Gillespie Pages 12 and 13Stanlake Chaps 11 and 12Bized Learning materials EconomicsTopic 2, Markets; virtual learningarcade; virtual developing country rural

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and markets

recognise the relationships betweendifferent products and services e.g. joint demand and joint supply

arcade) life field trip Oheschools Unit 2 The

free market approachS-cool The Equilibrium PriceS-cool Real World ApplicationsTutor2u Equilibrium Market Price

2j Candidates should understand theconcept of consumer surplusillustrate consumer surplusrecognise consumer surplus indiagrams

discuss consumer behaviourexamine the demand curve diagram

Anderton Unit 4Bamford Chap 2Gillespie Page 23Stanlake Chap 8Tutor2u Consumer Surplus

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