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Curriculum

Economics

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O-LEVEL Economics Course Outlines

 PLAN 2024-2025

Economics Subject Code: 9708 AS Levels

Foundation Course 
Students will be able to use critical thinking skills within the discipline of economics about economic matters. Present viewpoints and alternative hypothesis on economic issues. Recognize underlying assumptions in economic models. Demonstrate ability to use the economic tools of analysis.                                                                                                  Powe Point and presentations and other visual aids will be used in week lecture as per need.                                                                                                                                                                               During every week Past Paper topical questions will be discussed and Quiz will be taken.
Week Topic Details
Week 1 1-6 July  1.1 Scarcity, choice and opportunity
cost
Week 2 1-6 July  1.2 Economic methodology
1.3 Factors of production
Week 3 8-13 July 1.4 Resource allocation in different
economic systems
Week 4 8-13 July 1.5 Production possibility curves
Week 5 15-20 July 1.6 Classification of goods and services
Week 6 15-20 July 2.1 Demand and supply curves
Week 7 22-27 July 2.2 Price elasticity, income elasticity
and cross elasticity of demand   2.3 Price elasticity of supply
Week 8 22-27 July 2.4 The interaction of demand and
supply 
Week 9 29 July – 3 Aug 2.5 Consumer and producer surplus
Week 10 29 July – 3 Aug 3.1 Reasons for government
intervention in markets
3.2 Methods and effects of government
intervention in markets
Week 11  5 – 10 Aug 3.3 Addressing income and wealth
inequality
Week 12 5 – 10 Aug 4.1 National income statistics
4.2 Introduction to the circular flow of
income
Week 13 12 – 17 Aug 4.3 Aggregate Demand and Aggregate
Supply analysis
Week 14 12 – 17 Aug 4.4 Economic growth
Week 15 19 – 24 Aug 4.5 Unemployment
Week 16 19 – 24 Aug 4.6 Price stability
Week 17 26 – 31 Aug 5.1 Government macroeconomic policy
objectives
Week 18 26 – 31 Aug 5.2 Fiscal policy
Week 19 2 – 7 Sep  5.3 Monetary policy
Week 20 2 – 7 Sep  5.4 Supply-side policy
Week 21 9 – 14 Sep 6.1 The reasons for international trade
Week 22 9 – 14 Sep 6.2 Protectionism
Week 23 16 – 21 Sep 6.3 Current account of the balance of
payments
Week 24 16 – 21 Sep 6.4 Exchange rates
Week 25 23 – 28 Sep Policies to correct imbalances in the
current account of the balance of
payments
Week 26 23 – 28 Sep Revision