Economics 9708/32 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 Pareto efficiency through welfare gains and resource allocation.
2. Analysis of cost-benefit components, including external costs in public projects.
3. Evaluation of consumer equilibrium using marginal utility and price comparisons.
4. Effects of monopsony and minimum wage on labor markets and total wages.
5. Comparison of Keynesian and Monetarist views on economic stability and supply dynamics.
6. Influence of macroeconomic policies on unemployment, inflation, and economic growth.