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

Paperback:

Publisher: Students Resource Airport Road

Compiler: Saeed Afzal

Product Dimensions: 7.8 x 1.25 x 10.9 inches

Shipping Weight: 1kg

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

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

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      Description

      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 CO–EFFICIENT 

      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.

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