Economics 9708/11 Oct Nov 2009 | Cambridge AS Level Past Papers With Mark Scheme

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1. Economic problem analysis focusing on scarcity, opportunity cost, and production possibility curve shifts.

2. Price elasticity effects on demand and supply, with a specific focus on agricultural and consumer goods markets.

3. Government policies, such as subsidies, tariffs, and price controls, and their impact on market behavior.

4. Comparative advantage and the benefits of free trade agreements, focusing on trade between Canada and the EU.

5. Exchange rate fluctuations and their effects on trade balances, exports, and national income.

6. Government interventions in market failures, including fiscal policies, cost-benefit analysis, and public goods provision.