Economics Syllabus
CARIBBEAN EXAMINATIONS COUNCIL
Caribbean Advanced Proficiency Examination
CAPE
®
ECONOMICS
SYLLABUS
Effective for examinations from May/June 2010
CXC A20/U2/09
Published by the Caribbean Examinations Council
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form, or by any means electronic, photocopying, recording or otherwise without prior permission of the author or publisher.
Correspondence related to the syllabus should be addressed to:
The Pro-Registrar
Caribbean Examinations Council
Caenwood Centre
37 Arnold Road, Kingston 5, Jamaica, W.I.
Telephone: (876) 630-5200
Facsimile Number: (876) 967- 4972
E-mail address: cxcwzo@cxc.org
Website: www.cxc.org
Copyright © 2009 by Caribbean Examinations
Council The Garrison, St Michael BB14038, Barbados
CXC A20/U2/09
Contents
RATIONALE ........................................................................................................................................... 1
AIMS ........................................................................................................................................................ 2
SKILLS AND ABILITIES TO BE ASSESSED ...................................................................................... 2
PRE-REQUISITES OF THE SYLLABUS.............................................................................................. 3
STRUCTURE OF THE SYLLABUS ..................................................................................................... 3
UNIT 1:
MICROECONOMICS
MODULE 1: METHODOLOGY: DEMAND AND SUPPLY ......................................................... 4
MODULE 2: MARKET STRUCTURE, MARKET FAILURE AND INTERVENTION……. ........ 12
MODULE 3: DISTRIBUTION THEORY ........................................................................................ 17
UNIT 2:
MACROECONOMICS
MODULE 1: MODELS OF THE MACROECONOMY
Caribbean Advanced Proficiency Examination
CAPE
®
ECONOMICS
SYLLABUS
Effective for examinations from May/June 2010
CXC A20/U2/09
Published by the Caribbean Examinations Council
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form, or by any means electronic, photocopying, recording or otherwise without prior permission of the author or publisher.
Correspondence related to the syllabus should be addressed to:
The Pro-Registrar
Caribbean Examinations Council
Caenwood Centre
37 Arnold Road, Kingston 5, Jamaica, W.I.
Telephone: (876) 630-5200
Facsimile Number: (876) 967- 4972
E-mail address: cxcwzo@cxc.org
Website: www.cxc.org
Copyright © 2009 by Caribbean Examinations
Council The Garrison, St Michael BB14038, Barbados
CXC A20/U2/09
Contents
RATIONALE ........................................................................................................................................... 1
AIMS ........................................................................................................................................................ 2
SKILLS AND ABILITIES TO BE ASSESSED ...................................................................................... 2
PRE-REQUISITES OF THE SYLLABUS.............................................................................................. 3
STRUCTURE OF THE SYLLABUS ..................................................................................................... 3
UNIT 1:
MICROECONOMICS
MODULE 1: METHODOLOGY: DEMAND AND SUPPLY ......................................................... 4
MODULE 2: MARKET STRUCTURE, MARKET FAILURE AND INTERVENTION……. ........ 12
MODULE 3: DISTRIBUTION THEORY ........................................................................................ 17
UNIT 2:
MACROECONOMICS
MODULE 1: MODELS OF THE MACROECONOMY