Economics 9708/42 Oct Nov 2011 | Cambridge AS Level Past Papers With Mark Scheme

Download the attached file to view the complete content. Key questions extracted:

1. Comparison of GDP changes in Japan and the UK between 2005–2009 and their economic implications.
2. Analysis of the relationship between currency weakness and export growth in the UK.
3. Evaluation of whether changes in GDP in Japan and the UK were driven by similar or distinct factors.
4. Application of the equi-marginal principle in consumer expenditure and economic efficiency.
5. Economic analysis of small versus large firms in terms of costs, scale, and market benefits.
6. Impact of macroeconomic and microeconomic policies on recession recovery strategies.