CAPE Economics EconomicsEconomicsEconomicsEconomicsEconomics

micsEcon CAPE? conomic Economics oEmmcoiicncssoEEmccooinc SYLLABUS

SPECIMEN PAPER MARK SCHEME

SUBJECT REPORTS

Macmillan Education Ltd 4 Crinan Street, London, N1 9XW A division of Macmillan Publishers Limited Companies and representatives throughout the world

macmillan-

ISBN 978-0-230-48238-8 AER

? Caribbean Examinations Council (CXC?) 2022 cxc-

The author has asserted their right to be identified as the author of this work in accordance with the Copyright, Design and Patents Act 1988.

First published 2014

This revised version published 2022

Permission to copy The material in this book is copyright. However, the publisher grants permission for copies to be made without fee. Individuals may make copies for their own use or for use by classes of which they are in charge; institutions may make copies for use within and by the staff and students of that institution. For copying in any other circumstances, prior permission in writing must be obtained from Macmillan Publishers Limited. Under no circumstances may the material in this book be used, in part or in its entirety, for commercial gain. It must not be sold in any format.

Designed by Macmillan Education Limited Cover design by Macmillan Education Limited and Red Giraffe

CAPE? Economics Free Resources LIST OF CONTENTS

CAPE? Economics Syllabus Extract

3

CAPE? Economics Syllabus

4

CAPE? Economics Specimen Papers & Mark Schemes:

67

CAPE? Economics Subject Reports:

2004 Subject Report

199

2005 Subject Report

213

2006 Subject Report

225

2007 Subject Report

236

2008 Subject Report Rest of Caribbean

243

2009 Subject Report

251

2010 Subject Report

260

2011 Subject Report

271

2012 Subject Report

284

2013 Subject Report

300

2014 Subject Report

316

2015 Subject Report

340

2018 Subject Report

363

2019 Subject Report

383

2021 Subject Report - Unit 1

401

2021 Subject Report - Unit 2

436

Economics

Economics is the study of how society provides for itself by making the most efficient use of scarce resources so that both private and social welfare may be improved. The CAPE Economics Syllabus is intended to promote knowledge and understanding of the principles and concepts of economics and to foster an appreciation of the various methods used by economists in analysing economic problems. The knowledge and skills acquired will enable students to contribute to the economic and social development of the Caribbean.

The syllabus is arranged into two Units. Each Unit consists of three Modules.

UNIT 1: MICROECONOMICS

Module 1 ? Module 2 ? Module 3 ?

Methodology: Demand and Supply Market Structure, Market Failure and Intervention Distribution Theory

UNIT 2: MACROECONOMICS

Module 1 ? Module 2 ? Module 3 ?

Models of the Macroeconomy Macroeconomic Problems and Policies Growth, Sustainable Development and Global Relations

Caribbean Advanced Proficiency Examination?

SYLLABUS ECONOMICS

CXC A20/U2/09

Effective for examinations from May?June 2010

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