Economics 9708/42 Oct Nov 2015 | Cambridge AS Level Past Papers With Mark Scheme

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1. Analysis of China’s real GDP growth rates, including their resilience during uncertain economic conditions and the global financial crisis.

2. Economic inefficiencies from rapid urbanization in China, such as pollution, overcrowding, and resource strain, alongside sustainable urban planning initiatives.

3. Market failures in China, including environmental degradation and traffic congestion, with government intervention methods like setting standards and promoting partnerships.

4. Consumer behavior predictions based on rational decision-making and producer-driven markets, discussing the balance of power between consumers and producers.

5. The Keynesian liquidity preference theory for money demand, analyzing changes in demand under different income levels and interest rate scenarios.

6. Discussion on economic indicators for comparing economies, focusing on their reliability and utility in assessing national and international economic performance.