Economics 9708/33 May June 2023 | Cambridge AS Level Past Papers With Mark Scheme

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1. Utility and allocation analysis using marginal utility diagrams and Pareto efficiency to assess satisfaction and resource distribution.

2. Types of economic efficiency, such as productive, allocative, and dynamic, with examples like cost curve shifts and market conditions.

3. Market structures and firm behavior, including monopolistic competition, revenue maximization, and price elasticity changes post-mergers.

4. Public policies addressing market failures, externalities, and sustainability, using tools like regulations, subsidies, and Lorenz curves for inequality measurement.

5. Unemployment categories and macroeconomic models like deflationary gaps, supply-side stimuli, and the impact of fiscal-monetary combinations on growth.

6. Kuznets curve for income inequality analysis, Lorenz curve-based Gini coefficient calculation, and the effects of multinational corporations on developing economies.