Economics 9708/03 Oct Nov 2005 | Cambridge AS Level Past Papers With Mark Scheme

You can download the PDF file for complete details.

1. Analysis of subsidies and their role in addressing external benefits for improved resource allocation.
2. Diminishing marginal utility application in consumer purchasing decisions at varying price levels.
3. Impacts of minimum wages and labor market equilibrium on employment levels in competitive industries.
4. Monetarist perspectives on money supply increases and their effects on unemployment and inflation.
5. Long-run potential output growth versus short-run economic activity effects on inflation and productivity.
6. Role of foreign direct investment in influencing visible trade balances and services in developing economies.