Economics 2281/22 Oct Nov 2024 | Cambridge O-Level Past Papers With Mark Scheme

1. Labour Market & Economic Indicators | Employment & Unemployment in Jordan – Calculating employment in different sectors, identifying components of the current account, and explaining structural unemployment.

2. Market Structure & Business Growth | Mergers in the Tourism Industry – Analyzing cost reduction, quality improvements, and competitive advantages of firm mergers.

3. Demographics & Economic Impact | Birth Rate & Population Growth – Examining relationships between birth rates, average age, and their effects on demand and resources.

4. Demand & Supply Analysis | Clothing Market & Population Growth – Using a demand-supply diagram to predict changes in the clothing market due to population increase.

5. Renewable Energy & Government Spending | Costs vs. Long-Term Benefits – Weighing economic and environmental impacts of investing in renewable energy.

6. Monetary Policy & Interest Rates | Effects on Inflation & Investment – Evaluating the consequences of raising interest rates on inflation, investment, and foreign exchange rates.

7. International Trade & Economic Growth | Free Trade Agreements & Growth Factors – Discussing the impact of free trade on production, employment, and consumer choices.

8. Market Systems & Poverty | Causes & Effects in Madagascar’s Economy – Analyzing the persistence of poverty in a market economy and evaluating policy solutions.

9. Sectoral Growth & Employment | Tertiary Sector Expansion in South Africa – Assessing how tertiary sector growth improves living standards and its effect on employment.

10. Trade Unions & Economic Implications | Worker Rights vs. Business Costs – Examining the impact of increased trade union membership on wages, productivity, and inflation.