Economics 9708/31 May June 2013 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Effects of equal pay legislation on wages, employment, and gender substitution in labor markets.
2. Marginal utility and consumer equilibrium in determining consumption choices at given price levels.
3. Analysis of diminishing marginal returns and cost structures in production decisions.
4. Role of cost-benefit analysis in unemployment reduction policies, including social and skill-related impacts.
5. Supply-side policies like trade union reforms and their influence on inflationary pressures.
6. Indicators of economic development, including sectoral employment data and policy measures for managing trade surpluses and inflation in varying exchange rate systems.