Economics 9708/13 Oct Nov 2020 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Assessment of inefficiency when operating within a production possibility curve.
2. Analysis of government policies like subsidies and minimum pricing on market equilibrium and consumption behavior.
3. Calculation and evaluation of comparative advantage based on opportunity cost.
4. Effects of exchange rate systems, inflation, and monetary policies on economic growth and trade balances.
5. Relationship between fiscal and monetary policies in addressing deflation and unemployment.
6. Interpretation of balance of payments data, terms of trade, and their implications for economic competitiveness.