Cambridge Cambridge International AS & A Level Economics 9708 · 1.2

Economic methodology

Code: 1.2
In: 1 Basic economic ideas and resource allocation (AS Level)
Course: Cambridge International AS & A Level Economics 9708
Board: Cambridge

Grade boundaries·Cambridge command words

Codes and titles are read by a script from Cambridge's published specification and have not been checked by a person. What each point covers is in the specification itself: Cambridge’s specification.

Points under 1.2

1.2.1 economics as a social science
1.2.2 positive and normative statements (the distinction between facts and value judgements)
1.2.3 meaning of the term ceteris paribus
1.2.4 importance of the time period (short run, long run, very long run)

Points in 1 Basic economic ideas and resource allocation (AS Level)

1.1 Scarcity, choice and opportunity cost
1.2 Economic methodology
1.3 Factors of production
1.4 Resource allocation in different economic systems
1.5 Production possibility curves
1.6 Classification of goods and services