Economics 9708/33 May June 2010 | Cambridge AS Level Past Papers With Mark Scheme

Download the PDF file for reference and detailed examination of the questions.

- Explanation of economic efficiency and its relation to market outcomes.
- Impact of marginal utility on consumer choices and its role in demand curves.
- Firm decisions in competitive markets regarding labor and production adjustments.
- Government interventions in addressing market failures and their impact on welfare and prices.
- Evaluation of macroeconomic objectives, including inflation control, and their effect on employment and income.
- Trade policies such as import quotas and their effects on the balance of trade and terms of trade.