Economics 9708/31 Oct Nov 2018 | Cambridge AS Level Past Papers With Mark Scheme
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1. External costs, social costs, and internalizing negative externalities using taxation or market mechanisms.
2. Consumer equilibrium shifts: budget constraints and preferences influencing market behavior.
3. Analysis of monopolistic practices, price discrimination, and integration strategies in different market structures.
4. Wage determination, monopsony exploitation, and policy interventions to address labor market imbalances.
5. Keynesian perspectives on reducing unemployment and stimulating economic growth through fiscal and monetary measures.
6. Economic policies addressing inflationary gaps, recession impacts, and Phillips curve relationships.

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