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Economics 9708/31 Oct Nov 2022 | Cambridge AS Level Past Papers With Mark Scheme

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1. Exploring economic efficiency through Pareto optimality, externalities, and equi-marginal utility rule applications.

2. Examining market structures like oligopolies and monopolistic competition, focusing on pricing strategies, barriers to entry, and price discrimination.

3. Analyzing labor market dynamics including monopsony effects, minimum wage impacts, and long-term labor productivity implications.

4. Macroeconomic concepts including GDP calculation adjustments, unemployment causes, and monetarist views on inflation and aggregate supply.

5. Investigating fiscal and monetary policies, such as expansionary measures, liquidity management, and quantitative easing for boosting output.

6. Evaluating development economics topics, including multinational investment effects, dependency on primary production, and diversification challenges in low-income economies.
CIE AS & A Level Economics (9708) Nov 2022

Laura Bellini

Classification: Paper 3
Page count: 12
Viewed: 77
Last update: 20 days ago
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