Economics 9708/23 Oct Nov 2018 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of passenger trends in the Indian air travel market since 1971 and the factors affecting demand and supply.
2. Effects of the Indian government's aviation fuel tax increase on market dynamics and tax incidence between producers and airline operators.
3. Evaluation of the impact of removing the 5/20 rule on the Indian economy.
4. Reasons why some goods cannot be private goods, with examples.
5. Impact of currency devaluation (e.g., the Chinese yuan) on domestic and international economies.
6. Causes and benefits of increased aggregate supply, analyzed through aggregate demand and supply interactions.