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Economics 9708/21 May June 2023 | Cambridge AS Level Past Papers With Mark Scheme

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1. Analysis of unemployment trends in India, including seasonal and frictional unemployment and their economic implications on income inequality and poverty.

2. Agricultural sector's impact on seasonal unemployment, with specific reference to labor absorption variations in non-peak months like December.

3. Measurement challenges for unemployment in India, including labor force participation increases and regional or informational constraints.

4. Policy measures to enhance employment, such as improving labor mobility, better job market information, and diversifying non-agricultural sectors.

5. Comparative analysis of public goods versus merit goods, focusing on education's classification and its broader socio-economic impacts.

6. Cost-push versus demand-pull inflation explanations with AD/AS diagrams, alongside policy debates on using monetary or supply-side measures to combat inflation.

Laura Bellini

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