w w w e tr .X m eP UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Advanced Subsidiary Level and GCE Advanced Level e ap .c rs om MARK SCHEME for the October/November 2009 question paper for the guidance of teachers 9708 ECONOMICS 9708/22 Paper 22 (Data Response and Essay – Core)‚ maximum raw mark 40 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award
Premium Public good Cost Supply and demand
the opportunity cost‚ unemployment‚ discouragement of investment and savings‚ and shortage of goods. Positive effects include the reserve bank adjust their real interest rates and encourage investment in non-monetary capital projects. However the economics in today’s time believe that an economy is said to be in a favorable and a stable condition only if the inflation rate is steady or favorably low(as compared to zero or negative). Most of the most developed countries have managed sustain an inflation
Premium Inflation
were shaped by the trade-off between opportunity and risk. Three broad environmental factors determined the trade-off. The first was the prevailing political economy‚ including the policies of both host and home governments‚ and the international legal framework. The second was the market and resources of the host country. The third factor was competition from local firms. The impact of these factors on corporate strategies is explored‚ as shown in Fig. 1‚ during the three eras in the modern history
Free Developed country Developing country Emerging markets
ECONOMIC HISTORY Only study guide for ECS2608 J. Inggs Department of Economics University of South Africa Pretoria © 2012 University of South Africa All rights reserved Printed and published by the University of South Africa Muckleneuk‚ Pretoria Page-layout by the Department ECS2608/1/2012-2014 iii ECS2608/1/12-14 Contents ECONOMIC HISTORY OF THE WORLD Important topics and specific national examples between the two World Wars Chapter Page 1 HOW THE STUDY GUIDE
Premium World War I World War II
19th Century Theories 1. Continental thought in the early 19th Century was shaped by a philosophy that rejected material things in favor of a search for inner truth. This philosophy was (a) Cartesian rationalism. (b) classical economics. (c) Marxian economics. (d) social rationalism. (e) dialectical materialism. 2. A school of thought influenced by Auguste Comte’s determinism‚ and which contended that Ricardians “confined the observations on which they based their reasoning to the small
Premium Economics Adam Smith John Stuart Mill
RECAP - MODULE OUTCOMES Introduction to macroeconomics Measuring performance of the economy The Monetary Sector The Public Sector Macroeconomic Theories Inflation Unemployment Economic growth and development The foreign sector THE PUBLIC SECTOR: STUDY UNIT 4 What are Your Views on Fiscal Policy and How Fiscal Policy Affects You? Roles of Government in a mixed economy 1. Establishing and enforcing rules of exchange such as Property rights‚ Contract law
Free Monetary policy Inflation Macroeconomics
Week 5: Legal Focus Paper Jamie Franklin BSA 502 April 22‚ 2013 James Francisco PhD Week 5: Legal Focus Paper The legal department of Kudler Fine Foods is very informal. The legal counsel is Anne Shousha which is Kathy’s sister in law. Kathy handles all the legal issues personally with Anne. Through telephone calls and a couple of formal meetings all legal issues are handled for a fee of $100 per hour for only the formal meetings. The phone calls are free. So far‚ there have
Premium Insurance Corporation Risk
What is the oldest painting of an area called Bangladesh? What is the oldest sculpture? Where to go to see sculptures and Fine Arts? The answer to get to see a number of ancient fine arts testimony is- National Museum’s Collection -situated in Dhaka; and also in Rajshahi’s Borendra Museum‚ Mohasthangor of Bogra‚ Moynamoti of Comilla‚ and Rajshahi’s Paharpur Museum. Because of Geographical reason most of the areas Bangladesh is silted. Soft soil and marshy land surrounded by small and huge rivers
Premium Bangladesh Art Bengal
YEARSNARRATIVELANGUAGE DEVELOPMENT ------------------------------------------------------------------------------------------------------------------------ OBSERVATION DETAILS: OBSERVATION NO. 1 Title: Physical Observation Aim/Rationale: Assess fine and motor skills Details of Setting: Creche Method Used: Checklist Time Observation Started: 12:15Finished: 12:25 Lenth of Observation:10 minDate of observation: 03.10.2012 Initial of Child/ren being observed: AC Age/Ages:6 monthsGender:
Premium Observation Infant Fine motor skill
command economy. In mixed economy both the private and public sector need to co-exist to overcome the weakness of one another. Most countries practice mixed economy for a number of reasons as mentioned below. Where there is free market enterprise economic forces are unfettered. Supply and demand determine the prices of goods and services. Prices in turn tell businesses what to produce‚ if the people want more of a particular good than the economy is producing the price of the good rises. That catches
Premium Market economy Economics Capitalism