AS & A Level Economics (9708) — October–November 2023, Paper 41

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

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Question 1 · 20 marks · The macroeconomy - government finance and national debt

With reference to Table 1.1, what indicates that Japan's government had borrowed substantially?

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Question 2 · 20 marks · The price system and the microeconomy - market failure and government intervention (merit goods)

The provision of health care by the public sector is inefficient and therefore all health care should be provided by firms operating in the private sector. Evaluate this comment.

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Question 3 · 20 marks · The price system and the microeconomy - growth and survival of firms / market structure

A government allows the merger of two large firms in the same industry. With the help of a diagram, evaluate the view that this merger should not have been allowed.

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Question 4 · 20 marks · The macroeconomy - monetary policy and unemployment

Assess the extent to which monetary policy can be used effectively to solve the problem of unemployment.

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Question 5 · 20 marks · International economic issues - globalisation and economic development

To what extent do you agree with the view that globalisation benefits high-income countries at the expense of low-income countries?

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← October–November 2023 Paper 42 · October–November 2023 Paper 33 →

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