Economics 9708/43 Oct Nov 2017 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of positive versus normative statements and classification of economic opinions in the context of capitalism.
2. Explanation of cartels, their operations, and why they are considered harmful to public interest.
3. Evaluation of the concept of economies of scale in international trade and its implications for firms.
4. Discussion of whether the statement "Big is bad" about large corporations is supported by evidence in the article.
5. Exploration of labor market outcomes when subsidies are reduced, using perfect and imperfect wage determination theories.
6. Consideration of whether economic growth rates alone can classify countries as developed or developing and the motivations behind growth targets in developing nations.