Economics 9708/32 Oct Nov 2014 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of productive efficiency and conditions for minimizing production costs.
2. Examination of consumer behavior for utility maximization using price and quantity relationships.
3. Evaluation of labor market dynamics, including marginal costs of labor and trade union negotiations.
4. Discussion of cartel behavior and its regulation through quotas, with a focus on production and profit impacts.
5. Exploration of macroeconomic policies, such as reflationary fiscal measures and monetary policies, on growth and balance of payments.
6. Assessment of the Human Development Index changes and the implications of labor productivity growth on economic development.