Economics 9708/22 Oct Nov 2023 | Cambridge AS Level Past Papers With Mark Scheme

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1. Assessing the price volatility in the oil market and its impact on global oil producers and petrostates.
2. Analyzing supply constraints in electric car production due to lithium shortages and policy measures to address this.
3. Evaluating the unemployment type caused by diversification in petrostates and its potential economic impact.
4. Exploring the challenges and advantages of economic diversification in Venezuela compared to Saudi Arabia.
5. Understanding price elasticity concepts and their practical applications in determining business strategies for sales growth.
6. Examining the implications of changes in terms of trade and balance of trade on macroeconomic performance and international competitiveness.