Economics 9708/13 Oct Nov 2022 | Cambridge AS Level Past Papers With Mark Scheme

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1. Analyzing factors affecting production quality, including labor, capital, and enterprise improvements.
2. Understanding consumer surplus, producer surplus, and price elasticity in various market scenarios.
3. Evaluating government interventions in pricing, subsidies, tariffs, and public goods provision for efficiency.
4. Exploring the effects of monetary and fiscal policies on inflation, deflation, and aggregate demand and supply dynamics.
5. Examining international trade, terms of trade, and balance of payments, focusing on services and exchange rate impacts.
6. Assessing policies addressing income inequality, unemployment, and inflation, including their trade-offs and macroeconomic implications.