Economics 9708/32 Oct Nov 2018 | Cambridge AS Level Past Papers With Mark Scheme

The PDF file can be downloaded for reference. Key questions include:

1. Examination of positive externalities, social benefits, and their implications for allocative efficiency.
2. Use of cost-benefit analysis to assess infrastructure projects and achieve social cost-benefit alignment.
3. Indifference curve applications to consumer choice and price elasticity in different markets.
4. Evaluation of profit maximization strategies, technological changes, and impacts on industry dynamics.
5. Keynesian and monetary theories in managing interest rates, investment, and money supply.
6. Long-term economic growth drivers, unemployment types, and structural changes in sectoral contributions to GDP.