AS & A Level Economics (9708) — May–June 2025, Paper 22

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 · 5. Government macroeconomic intervention

Identify the overall change in the unemployment rate in South Africa between January 2020 and October 2022.

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Question 2 · 20 marks · 2. The price system and the microeconomy

With the help of examples, explain the difference between public goods and free goods and consider whether a market economy can ever produce public goods.

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Question 3 · 20 marks · 2. The price system and the microeconomy

Explain three reasons, associated with costs of production, why the supply curve for a particular market may shift to the right and consider the extent to which government…

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Question 4 · 20 marks · 4. The macroeconomy

With the help of an AD/AS diagram(s), explain one demand-side and one supply-side cause of deflation and consider which is likely to be more damaging to an economy. Candidates are…

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Question 5 · 20 marks · 6. International economic issues

With the help of a diagram, explain two ways in which a fall in the balance of trade in goods may affect the value of a floating exchange rate and consider the extent to which a…

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