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9708 Economics · May/June 2025 · Paper 12

Paper and mark scheme

Board
Cambridge International
Level
AS & A Level
Subject
Economics
Code
9708
Year
2025
Session
May/June
Component
1
Variant
2

Questions in this paper

  1. Question 1Economic methodology1 mark
  2. Question 2Scarcity, choice and opportunity cost1 mark
  3. Question 3Classification of goods and services1 mark
  4. Question 4Factors of production1 mark
  5. Question 5Production possibility curves1 mark
  6. Question 6The interaction of demand and supply1 mark
  7. Question 7Price elasticity, income elasticity and cross elasticity of demand1 mark
  8. Question 8Price elasticity of supply1 mark
  9. Question 9Consumer and producer surplus1 mark
  10. Question 10Factors of production1 mark
  11. Question 11Methods and effects of government intervention in markets1 mark
  12. Question 12Addressing income and wealth inequality1 mark
  13. Question 13Reasons for government intervention in markets1 mark
  14. Question 14Methods and effects of government intervention in markets1 mark
  15. Question 15Methods and effects of government intervention in markets1 mark
  16. Question 16Price stability1 mark
  17. Question 17Introduction to the circular flow of income1 mark
  18. Question 18Aggregate Demand and Aggregate Supply analysis1 mark
  19. Question 19Unemployment1 mark
  20. Question 20National income statistics1 mark
  21. Question 21Monetary policy1 mark
  22. Question 22Fiscal policy1 mark
  23. Question 23Fiscal policy1 mark
  24. Question 24Supply-side policy1 mark
  25. Question 25Fiscal policy1 mark
  26. Question 26Protectionism1 mark
  27. Question 27Current account of the balance of payments1 mark
  28. Question 28The reasons for international trade1 mark
  29. Question 29Policies to correct imbalances in the current account of the balance of payments1 mark
  30. Question 30Exchange rates1 mark