Economics 9708/33 May June 2013 | Cambridge AS Level Past Papers With Mark Scheme

The user can download the PDF file for detailed review. Key questions summarized:

1. Analysis of labor market dynamics, including wage adjustments, unemployment trends, and the effects of equal pay legislation.
2. Examination of utility theory in consumer decision-making, focusing on marginal utility and optimal purchase quantities.
3. Discussion of production efficiencies, diminishing returns, and cost structures in firm-level production.
4. Evaluation of government policies on fiscal balance, unemployment reduction, and their implications for economic stability and inflation.
5. Assessment of international trade impacts, focusing on comparative advantage, exchange rate systems, and trade balances.
6. Examination of inflation-output trade-offs, including supply-side policy measures to reduce inflationary pressures and enhance productivity.