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9708 Economics · May/June 2024 · Paper 12

Paper and mark scheme

Board
Cambridge International
Level
AS & A Level
Subject
Economics
Code
9708
Year
2024
Session
May/June
Component
1
Variant
2

Questions in this paper

  1. Question 1Production possibility curves1 mark
  2. Question 2Classification of goods and services1 mark
  3. Question 3Classification of goods and services1 mark
  4. Question 4Scarcity, choice and opportunity cost1 mark
  5. Question 5Factors of production1 mark
  6. Question 6The interaction of demand and supply1 mark
  7. Question 7Price elasticity of supply1 mark
  8. Question 8Price elasticity, income elasticity and cross elasticity of demand1 mark
  9. Question 9Demand and supply curves1 mark
  10. Question 10Consumer and producer surplus1 mark
  11. Question 11The interaction of demand and supply1 mark
  12. Question 12Methods and effects of government intervention in markets1 mark
  13. Question 13Classification of goods and services1 mark
  14. Question 14Methods and effects of government intervention in markets1 mark
  15. Question 15Fiscal policy1 mark
  16. Question 16Price stability1 mark
  17. Question 17Price stability1 mark
  18. Question 18Economic growth1 mark
  19. Question 19National income statistics1 mark
  20. Question 20Government macroeconomic policy objectives1 mark
  21. Question 21Monetary policy1 mark
  22. Question 22Monetary policy1 mark
  23. Question 23Government macroeconomic policy objectives1 mark
  24. Question 24Policies to correct imbalances in the current account of the balance of payments1 mark
  25. Question 25Protectionism1 mark
  26. Question 26Current account of the balance of payments1 mark
  27. Question 27The reasons for international trade1 mark
  28. Question 28The reasons for international trade1 mark
  29. Question 29Exchange rates1 mark
  30. Question 30Current account of the balance of payments1 mark