Economics 9708/31 Oct Nov 2010 | Cambridge AS Level Past Papers With Mark Scheme

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

- Economic efficiency conditions, including operating on the production possibility curve and addressing externalities.
- Utility and consumer behavior analysis through marginal utility and equilibrium adjustments.
- Labor market analysis covering marginal costs, economic rents, and wage elasticity.
- Market structures, tax policies, and their impact on resource allocation and welfare distribution.
- Macroeconomic theories, including Keynesian and monetarist perspectives on inflation, money supply, and output.
- Trade policies, such as import quotas, and their effects on the balance of trade and terms of trade.