Economics 9708/32 March 2024 | Cambridge AS Level Past Papers With Mark Scheme

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1. Understanding marginal utility, indifference curves, and social benefit concepts through practical examples.
2. Identifying market structures like monopolistic competition, oligopoly, and their impact on dynamic efficiency and costs.
3. Evaluating government intervention failures, market forces in addressing negative externalities, and employment trends.
4. Analyzing economic tools like Lorenz curves, income tax impacts, and employment shifts in developing economies.
5. Exploring inflation management strategies through monetary policies, exchange rate mechanisms, and wage-productivity dynamics.
6. Examining macroeconomic trade-offs in policies like currency devaluation, structural unemployment, and protectionism in global trade.