Economics 9708/01 Oct Nov 2005 | Cambridge AS Level Past Papers With Mark Scheme

The user can download the PDF file for detailed review. Key questions summarized:

1. Analysis of the production possibility curve to explore opportunity costs, economic growth, and resource allocation efficiency.
2. Examination of market structures and dynamics, including elasticity of demand, consumer surplus, and the effects of taxes or subsidies.
3. Exploration of comparative advantage and trade patterns, focusing on specialization and terms of trade adjustments.
4. Evaluation of cost-benefit analysis and public goods provision in government policy decision-making.
5. Discussion of inflationary pressures, balance of payments issues, and the role of monetary and fiscal policies in economic stability.
6. Assessment of macroeconomic measures, including exchange rate adjustments, foreign investments, and their implications for trade balances.