Economics 9708/33 Oct Nov 2012 | Cambridge AS Level Past Papers With Mark Scheme

The PDF file can be downloaded for reference. Key questions include:

1. Analysis of allocative and productive efficiency on the production possibility curve.
2. Utility maximization through consumer choices and adjustments in purchasing behavior.
3. Impacts of changes in marginal productivity and labor costs on firms' decisions in competitive markets.
4. Effects of government regulations, such as congestion charges and trade union policies, on market efficiency and inflation control.
5. Distinctions between cyclical and long-run economic growth using production possibility curve shifts.
6. Implications of foreign direct investment in developing economies, focusing on technology transfer and economic development.