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9708 Economics · May/June 2021 · Paper 32

Paper and mark scheme

Board
Cambridge International
Level
AS & A Level
Subject
Economics
Code
9708
Year
2021
Session
May/June
Component
3
Variant
2

Questions in this paper

  1. Question 1Efficiency and market failure1 mark
  2. Question 2Government policies to achieve efficient resource allocation and correct market failure1 mark
  3. Question 3Private costs and benefits, externalities and social costs and benefits1 mark
  4. Question 4Utility1 mark
  5. Question 5Indifference curves and budget lines1 mark
  6. Question 6Differing objectives and policies of firms1 mark
  7. Question 7Growth and survival of firms1 mark
  8. Question 8Types of cost, revenue and profit, short-run and long-run production1 mark
  9. Question 9Different market structures1 mark
  10. Question 10Government policies to achieve efficient resource allocation and correct market failure1 mark
  11. Question 11Different market structures1 mark
  12. Question 12Differing objectives and policies of firms1 mark
  13. Question 13Government policies to achieve efficient resource allocation and correct market failure1 mark
  14. Question 14Government policies to achieve efficient resource allocation and correct market failure1 mark
  15. Question 15Equity and redistribution of income and wealth1 mark
  16. Question 16Labour market forces and government intervention1 mark
  17. Question 17Labour market forces and government intervention1 mark
  18. Question 18Economic growth and sustainability1 mark
  19. Question 19Economic development1 mark
  20. Question 20Economic development1 mark
  21. Question 21Employment/unemployment1 mark
  22. Question 22Employment/unemployment1 mark
  23. Question 23Economic growth and sustainability1 mark
  24. Question 24The circular flow of income1 mark
  25. Question 25Money and banking1 mark
  26. Question 26Money and banking1 mark
  27. Question 27Relationship between countries at different levels of development1 mark
  28. Question 28Employment/unemployment1 mark
  29. Question 29Effectiveness of policy options to meet all macroeconomic objectives1 mark
  30. Question 30Effectiveness of policy options to meet all macroeconomic objectives1 mark