Economics 9708/33 May June 2014 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of production possibility curve scenarios, differentiating between productive and allocative efficiency.
2. Examination of labor demand and the implications of wage changes on employment levels.
3. Assessment of the effects of market structures, such as monopolies and perfect competition, on price and output levels.
4. Evaluation of fiscal and monetary policy combinations to address unemployment and budget deficits.
5. Discussion of foreign direct investment in developing economies, focusing on income flows, wages, and tax revenues.
6. Exploration of exchange rate impacts, inflation control measures, and their interaction with macroeconomic objectives in fixed exchange rate systems.