AL Economics The Father of Economics Syllabus Adam

AL Economics

The Father of Economics Syllabus Adam Smith (1723 -1790)

Another great economist Syllabus Steven N. S. Cheung (1935 - )

Steven N. S. Cheung: He is one of the most famous Chinese Economists in the world. He specializes in price theory and property rights. He taught in the School of Economics and Finance, University of Hong Kong for over 15 years.

The subject Syllabus

The Subject Economics is a science which rests on the postulate of constrained maximization (or the axiom of selfishness) to explain and predict behaviour. In other words, Economics is a study of how people make choice among options subject to constraints.

Syllabus

Syllabus Paper I 1. The scope of economic analysis 2. The law of demand the theorem of exchange 3. The cost and the supply 4. Government and economic organizations 5. The factor market 6. The problem of social cost Paper II 7. Income and employment 8. Money 9. The price level 10. International trade and finance

The Public Examination Syllabus

The Public Examination Paper I : Microeconomics (3 hours) Section A : Multiple Choice (30 questions, 40 marks) Section B : Short Questions (about 4 – 5 questions, 40 marks) Section C : Short Questions (about 4 questions, 40 marks) Paper II : Section A Section B Section C Macroeconomics (3 hours) : Multiple Choice (30 questions, 40 marks) : Short Questions (about 4 – 5 questions, 40 marks) : Short Questions (about 4 questions, 40 marks)

Syllabus School Assessment

Assessment 1. Examination 2. Tests 3. Project for F. 6 students (An application of Economic theories and principles on current issues. ) 4. Reading Scheme

Syllabus Course Text

Text Book Chan & Kwok, A-level Micro Economics, Revised Edition, Golden Crown Publication