Economics 9708/31 May June 2023 | Cambridge AS Level Past Papers With Mark Scheme

Download the PDF file for detailed reference.

1. Exploring marginal utility, Pareto improvements, and their implications for consumer behavior.
2. Identifying efficiency types, including dynamic, allocative, and productive efficiency, in firm behavior.
3. Evaluating government interventions addressing market failures like public goods and external costs.
4. Assessing structural and frictional unemployment and sustainable policy responses in specific sectors.
5. Understanding macroeconomic dynamics, including the deflationary gap, fiscal-monetary policy combinations, and productivity growth in developing economies.
6. Examining global trends, such as urbanization, Lorenz curves for income distribution, and the Kuznets curve for income inequality.