Economics 9708/04 May June 2005 | Cambridge AS Level Past Papers With Mark Scheme

You can download the full PDF file for reference. Key questions extracted:

1. Evaluation of Botswana's market structure in the diamond industry, focusing on monopoly characteristics.
2. Analysis of the advantages of economic diversification for developing economies like Botswana.
3. Explanation of the impact of increased consumer spending on national income using China's example.
4. Assessment of government policies to combat recession, with a focus on the German economy.
5. Exploration of oligopolistic market behaviors, including price competition and advertising strategies, using Gillette and Energizer as examples.
6. Discussion of the efficiency of resource allocation under the market system and its limitations.