Economics 9708/33 Oct Nov 2017 | Cambridge AS Level Past Papers With Mark Scheme

Download the attached file to view the complete content. Key questions extracted:

1. Evaluation of subsidies for public goods like museums and their external benefits.
2. Analysis of resource misallocation using marginal cost and benefit metrics.
3. Role of market structures (e.g., monopoly and oligopoly) in pricing strategies and competition barriers.
4. Impacts of demographic shifts on economic indicators such as employment and education requirements.
5. Measurement of national income and analysis of deflationary gaps in closed economies.
6. Fiscal and monetary policy approaches to address poverty traps and economic inequalities.