Economics 9708/33 May June 2020 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Role of positive externalities, marginal social costs, and benefits in improving resource allocation.
2. Utility analysis, indifference curves, and consumer equilibrium in decision-making.
3. Competitive and monopolistic market structures, including efficiency, cartels, and pricing objectives.
4. Macroeconomic relationships between labour migration, economic growth, and wage pressures.
5. Impacts of fiscal and monetary policies like quantitative easing, taxation, and government securities on growth and inflation.
6. Analysis of protectionist measures, including tariffs, and their effects on trade, producer surplus, and market efficiency.