Economics 9708/11 May June 2020 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of economic transitions, such as from centrally planned to market economies, and their effects on unemployment and prices.
2. Identification of goods like merit, public, and demerit goods, and their societal implications.
3. Evaluation of market dynamics, including supply curve shifts, tax implications, and pricing strategies in competitive markets.
4. Examination of fiscal, monetary, and exchange rate policies on aggregate demand, supply, and national output.
5. Discussion of terms of trade changes, protectionist measures, and their effects on a country's trade balance and economic stability.
6. Impacts of exchange rate adjustments under different systems and their terminology, such as depreciation versus devaluation.