Economics 9708/11 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

You can download the full PDF file for reference. Key questions extracted:

1. Analysis of production possibility curves for two economies, focusing on opportunity cost and growth prospects.
2. Discussion of demand and supply shifts for goods, incorporating price elasticity and government interventions.
3. Examination of externalities, cost-benefit analysis, and market failures in resource allocation.
4. Evaluation of trade protection measures, terms of trade changes, and their economic impacts.
5. Assessment of inflation trends, exchange rate movements, and their influence on trade balances.
6. Exploration of foreign direct investment impacts on balance of trade and current account adjustments.