The marks of the two economics case studies tested were increased from 30 marks to 45 marks per case study. Essays were also removed from the examination format. Topics such as international trade were also removed.

Students need to learn the relevant examination skills to address higher order thinking questions in the case studies. They also need to learn how to apply the relevant economics concepts to analyse real world economic events that feature in the case study questions.


Candidates are expected to:

AO1: Knowledge and Understanding

•Demonstrate knowledge and understanding of economic concepts, theories and principles.

AO2: Interpretation and Evaluation of Information

•Interpret economic information presented in textual, numerical or graphical form.

•Make valid inferences from information presented and evaluate the reliability of information given.

AO3: Application and Analysis

•Apply relevant economic concepts, theories and principles to analyse contemporary issues, perspectives and policy choices.

•Construct coherent economic arguments.

AO4: Evaluation

•Evaluate critically contemporary issues, perspectives and policy choices.

•Recognise unstated assumptions and evaluate their relevance.

•Synthesise economic arguments to arrive at well-reasoned judgements and decisions


There will be two compulsory case studies. Candidates are required to answer all questions for each case study. Each case study carries 45 marks and constitutes 50% of the total marks. About 18 marks of each set of case study questions will be for data response questions, and about 27 marks will be for higher-order questions.