Economics 9708/32 March 2019 | Cambridge AS Level Past Papers With Mark Scheme

The user can download the PDF file for detailed review. Key questions summarized:

1. Examination of social versus private costs and benefits to evaluate project feasibility and efficiency in resource allocation.
2. Analysis of monopoly and revenue-maximization behaviors, including price and output decisions.
3. Understanding the effects of government interventions such as minimum wages, taxes, and policies addressing externalities in markets.
4. Application of national income data to calculate GDP and assess economic performance, including the role of imports, exports, and subsidies.
5. Discussion of macroeconomic tools like fiscal and monetary policies to address unemployment, inflation, and economic growth.
6. Evaluation of global economic development metrics such as the Kuznets curve, GNP adjustments, and trade policies.