Economics 9708/41 May June 2015 | Cambridge AS Level Past Papers With Mark Scheme

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1. Assessing India's decreasing economic growth due to coal shortages, electricity generation constraints, and infrastructure challenges.

2. Analyzing the relationship between government policies on Coal India, business disadvantages, and overall economic growth using monopoly concepts.

3. Exploring the role of governments in achieving efficient resource use, particularly regarding harmful gas reductions and environmental policies.

4. Examining wage rate determination in perfectly competitive labor markets and the impact of government wage caps and union strikes on labor dynamics.

5. Investigating product differentiation motivations and characteristics in market structures, alongside connections between marginal cost, diminishing returns, and economies of scale.

6. Evaluating national income impacts of investments in open versus closed economies and discussing government policies to influence investment levels.

7. Explaining GDP calculation, differences from net national income, and evaluating whether reducing population size is the best approach for developing countries to achieve growth.