Cambridge IAL Economics case studies
Cambridge IAL Economics · Put your knowledge to work in context.
Cambridge International AS & A Level Economics (9708) is a Cambridge Advanced qualification offered under the Cambridge International AS & A Level family. The syllabus page describes it as teaching students to explain and analyse economic issues and arguments, evaluate economic information, and organise, present and communicate ideas and judgements clearly. It suits learners who want a structured, internationally recognised grounding in economics, whether they stop at AS Level or continue to the full A Level and then to university study in economics, business or related fields. The subject content spans fundamental economic ideas: an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation, and the causes and consequences of inflation, alongside the theory of the firm, market failure, macroeconomic theory and policy, and economic growth and development. The Cambridge IAL Economics case studies are 5 cases and about 2,260 words.
1Rent Ceiling in Valdora
In the city of Valdora, median monthly rent rose from 800 to 1,150 pesos over three years. The city council imposes a legal rent ceiling of 900 pesos.
456 words, about 2 min2Peg Under Pressure in Maran
The Republic of Maran pegs its currency to the US dollar at 5.0. The current account deficit is 7% of GDP, and foreign reserves have fallen from 40bn to 22bn in twelve months.
417 words, about 2 min3Measuring Slack and the Cost of Living
The national statistics office reports a working-age population of 20 million. The labour force is 12 million, of whom 10.8 million are employed.
418 words, about 2 min4Energy Shock and Expectations in Caldera
In the small open economy of Caldera, a 60% rise in imported energy prices and a 15% currency depreciation push headline consumer price inflation to 11%. Core inflation, excluding food and energy, is 4.5%.
484 words, about 2 min5Waste-Merger Review
Two waste-management firms, A and B, propose a merger. In the local market A has 40% share and B 28%; four fringe firms each have 8%.
485 words, about 2 min