Economics 9708/02 May June 2006 | Cambridge AS Level Past Papers With Mark Scheme

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1. Identifying the causes of the global cereal market crisis in 2012, including poor harvests, biofuel demand, and population growth.
2. Comparing the effects of rising cereal prices on developed and developing countries, with a focus on food security.
3. Using supply and demand diagrams to illustrate how subsidies affect the price and quantity of rice produced in India.
4. Explaining the opportunity costs associated with India’s government spending on food subsidies.
5. Discussing whether food subsidies are a long-term solution to global food shortages and their economic sustainability.
6. Analyzing the potential benefits and challenges of shifting Malawi's resources from tobacco production to tourism.