Economics 9708/42 March 2017 | Cambridge AS Level Past Papers With Mark Scheme

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1. Definition and examples of supply-side policies, including their role in addressing economic challenges.
2. Relationship between interest rates, investment, and employment trends, supported by empirical data.
3. Economic effects of rising house prices on consumer confidence and spending versus falling oil prices on inflation.
4. Evaluation of Finance Ministers' influence on the economy compared to other factors like international trade and monetary policy.
5. Use of indifference curve analysis to explain changes in demand and consumer equilibrium caused by price variations.
6. Discussion on labor market dynamics, including the absence of trade unions and its implications for efficiency and fairness.