Economics 9708/43 May June 2012 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of unemployment changes relative to negative economic growth rates using European country data.
2. Discussion of the impact of government policies such as raising retirement age, reducing public spending, and increasing taxes on growth and unemployment.
3. Evaluation of differences between productive efficiency and allocative efficiency, and the role of government intervention.
4. Examination of the substitution and income effects of price changes on normal and inferior goods using budget line diagrams.
5. Assessment of whether oligopoly is the most realistic market structure in a mixed economy compared to other structures.
6. Discussion of the implications of population growth control on economic development in developing countries.