Economics 9708/13 May June 2024 | Cambridge AS Level Past Papers With Mark Scheme

Download the PDF file for reference and detailed examination of the questions.

- Public goods, opportunity cost, and division of labor as fundamental economic concepts.
- Market dynamics involving supply and demand shifts, price elasticity, and the impact of taxation.
- Aggregate demand and supply analysis, including the effects of government policies on economic growth and inflation.
- Fiscal and monetary policy interactions in managing deflation, inflation, and economic stabilization.
- Trade policies and balance of payments, focusing on comparative advantage, import duties, and export services.
- Effects of specialization, multilateral vs. bilateral trade benefits, and terms of trade improvement factors.