Economics
Syllabus 2017What is GCE A/L Economics?
Economics provides students with analytical frameworks to understand how societies allocate scarce resources among competing uses, covering microeconomic foundations and macroeconomic policies.
Below you'll find the official syllabus topics and free past papers for Economics.
Aims
- 1.Understand core economic principles, price mechanism, and market structures.
- 2.Analyze national income, fiscal policy, monetary policy, and international trade.
- 3.Evaluate economic growth, development challenges, and Sri Lankan economy.
Syllabus
| # | Topic | Periods |
|---|---|---|
| 1 | Basic Concepts of Economics and Economic Systems | 30 |
| 2 | Price Theory: Demand, Supply, and Market Equilibrium | 70 |
| 3 | Elasticity and Government Market Intervention | 40 |
| 4 | Theory of Production and Cost of Production | 50 |
| 5 | Market Structures: Perfect and Imperfect Competition | 40 |
| 6 | National Accounting and Measurement of National Income | 60 |
| 7 | Macroeconomic Equilibrium and Aggregate Demand/Supply | 50 |
| 8 | Money, Banking, and Monetary Policy | 60 |
| 9 | Public Finance and Fiscal Policy | 50 |
| 10 | International Trade, Balance of Payments, and Exchange Rates | 60 |
| 11 | Economic Growth, Development and Sri Lankan Economy | 50 |