Economics 9708/43 Oct Nov 2022 | Cambridge AS Level Past Papers With Mark Scheme

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1. Evaluating the economic and environmental effects of palm oil production, including trends in demand, fiscal policies affecting biodiesel, and poverty reduction in producing nations.

2. Analyzing the use of cost-benefit analysis for public goods provision and assessing the relationship between Pareto optimality, efficiency, and societal equity.

3. Discussing market concentration in oligopolies, its impact on pricing policies, and the implications of limit pricing for monopolies on market competition and consumer costs.

4. Exploring government policies to enhance the labor supply, comparing labor productivity impacts on monopsony and perfectly competitive labor markets.

5. Evaluating export-led growth in recessionary conditions using circular flow diagrams and debating the dual effects of new technology on efficiency and unemployment.

6. Assessing the significance of high dependency ratios in developing economies as a determinant of low living standards.

7. Analyzing the transition from fixed to floating exchange rates, focusing on short-term unemployment and long-term inflation effects.