Cambridge Economics · IGCSE, AS & A Level

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Step-by-step courses for Cambridge IGCSE (0455), AS and A Level (9708). Every syllabus point has a study note, key terms and diagram practice, then past-paper questions that show you exactly where marks are slipping.

Try a real questionAS · The price system and the microeconomy

The price of a good rises and total expenditure on the good increases. What can be concluded about the price elasticity of demand for the good?

Built by a practising Cambridge Economics teacher and examiner, with more than a decade of teaching A Level and IGCSE Economics.

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Lessons follow the syllabus in order. The study note, key terms and diagrams in every lesson are free to read, no account needed.

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Three steps to better grades

1
Learn the topic

Each lesson starts with a study note written for your level, then the key terms and diagrams the examiner expects you to know.

2
Practise real past papers

Answer past-paper questions with an explanation after each one, or sit a full paper against the clock. Written answers get examiner-style AI feedback.

3
Fix your weak spots

Your dashboard shows the topics costing you the most marks, each linked to the note, flashcards and questions that fix it.

Paper 4 marking

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Your answer

“A depreciation of the exchange rate makes exports cheaper in foreign markets and imports more expensive domestically. Assuming the Marshall-Lerner condition holds, the current account should improve. However, in the short run the J-curve effect means the deficit may initially worsen because demand for imports is price inelastic…”

Submitted for marking · Paper 4, 12-mark question
Examiner-style feedback
9 / 12
StrengthAccurate use of the Marshall-Lerner condition and the J-curve to analyse the effect of depreciation on the current account.
StrengthClear chain of analysis linking price changes to export and import demand.
To improveEvaluate the significance of your points — for example, how elasticities change over time, or the role of income effects abroad.
Multiple Choice
Paper 1 & 3 — MCQ

Full CIE 9708 past papers with two modes: Practice gives you an explanation the moment you answer. Exam mode runs a 60-minute countdown — no hints, no feedback, just like the real exam.

  • AS Level (Paper 1) & A2 Level (Paper 3)
  • Every option A to D explained
  • Topic accuracy tracked automatically
  • Retry wrong questions in Practice mode
Browse MCQ papers125 interactive papers available
AI-Marked Essays
Paper 4 — Written

Write your answer, submit, and receive detailed examiner-style feedback marked against the real CIE mark scheme — level awarded, marks out of 25, specific strengths, and actionable improvements.

  • Marked against real CIE mark scheme bands
  • Level awarded + marks scored (e.g. 18/25)
  • Named strengths and specific improvements
  • Full sample answer revealed after marking
Browse Paper 48 topics available