AS & A Level Economics (9708) — May–June 2023, Paper 43

5 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.

Start with Question 1 →
Question 1 · 20 marks · Business economics - concentration ratios and market structure

The article refers to concentration ratios. Explain what is meant by a concentration ratio and how it is calculated.

Answer this question and get it marked →
Question 2 · 20 marks · Government microeconomic intervention - subsidies and merit goods

To improve allocative efficiency economists frequently advise governments to remove existing subsidies to the private sector providers of education. With the help of a diagram,…

Answer this question and get it marked →
Question 3 · 20 marks · Business economics - price discrimination

Some firms frequently use price discrimination. Assess the view that when this occurs, price discrimination will always benefit the producer at the expense of the consumer and…

Answer this question and get it marked →
Question 4 · 20 marks · Government macroeconomic intervention - fiscal policy, unemployment and the balance of payments

An increase in a government's budget surplus will increase unemployment in the short run but it will make it easier to control a balance of payments deficit on the current account…

Answer this question and get it marked →
Question 5 · 20 marks · The macroeconomy - economic growth, development and living standards

To what extent do you agree that an increase in productivity will lead to a higher standard of living in low-income countries? [20]

Answer this question and get it marked →

← October–November 2023 Paper 11 · May–June 2023 Paper 42 →

← All AS & A Level Economics (9708) past papers