Economics 9708/23 Oct Nov 2019 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Comparison of inflation rates in China and India and evaluation of the CPI as a measure of inflation in BRICS economies.
2. Analysis of aggregate demand and supply reasons for differing inflation rates in BRICS economies.
3. Explanation of changes in China’s terms of trade and their implications for the economy.
4. Discussion of factors determining India’s ability to compete with China in world markets.
5. Assessment of the impact of supply-demand changes on the global chocolate market and policy solutions for health issues from chocolate consumption.
6. Evaluation of nationalized versus privatized railway systems and their market effectiveness in India.