Economics 9708/41 Oct Nov 2019 | Cambridge AS Level Past Papers With Mark Scheme

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

1. The role of economic growth in reducing poverty and inequality.
2. Rationale behind exchange rate reductions and their economic impact during crises.
3. Evidence of monetary policy failures in addressing weak economic recovery post-2008 crisis.
4. Analysis of the ‘prisoner’s dilemma’ concept as applied to market economies and central bank policies.
5. Relationships between competition, monopolies, and market efficiency.
6. Use of Lorenz curves and Gini coefficients to analyze income inequality and related policy implications.
7. Comparison of HDI and GDP in measuring living standards and their limitations.