Paper 4: A Level Data Response and Essays · 9708/42

Cambridge International (CAIE) A-level Paper 4, June 2024

All 8 written questions from Cambridge International (CAIE) A-level Paper 4 (June 2024), A Level Data Response and Essays. Case studies: Developments in the electric vehicle (EV) industry. Each question shows its marks and topic, and opens the question paper and mark scheme at the right page.

Question paper Mark scheme

Section A

Case study

Developments in the electric vehicle (EV) industry

In the extracts: ICE, Singapore Independent, Applied Energy, Saudi Arabia, GNI

Q1(a)Explain3 marks

Explain what is meant by internal economies of scale, using an example from the information.

TopicTypes of cost, revenue and profit, short-run and long-run production

Question paper p.3 Mark scheme p.7 Open in the tool

Q1(b)Consider3 marks

Consider what is meant by minimum efficient scale and to what extent the data in Table 1.1 suggest this has been achieved.

TopicTypes of cost, revenue and profit, short-run and long-run production7.3 Efficiency and market failure

Question paper p.3 Mark scheme p.7 Open in the tool

Q1(c)Analyse6 marks

Analyse, with the aid of a diagram, the likely impact of the change to EV on the labour market for workers producing ICE in southern Germany.

TopicLabour market forces and government intervention11.5 Relationship between countries at different levels of development7.5 Types of cost, revenue and profit, short-run and long-run production

Question paper p.3 Mark scheme p.7 Open in the tool

Q1(d)Evaluate8 marks

Evaluate the likely macroeconomic effects of the switch to EV for both Saudi Arabia and Singapore.

TopicEconomic growth and sustainability

Question paper p.3 Mark scheme p.8 Open in the tool

Section B

Q2OptionalEvaluate20 marks

Market failure exists in all economies. Evaluate, with the aid of a diagram(s), the meaning of market failure and two policies a government may use to correct market failure.

TopicGovernment policies to achieve efficient resource allocation and correct market failure

Question paper p.3 Mark scheme p.9 Open in the tool Draw it: negative externality diagram Or: indirect tax diagram

Q3OptionalEvaluate20 marks

Evaluate, with the aid of a diagram(s), whether excess profit (supernormal profit) is always necessary for the continued existence of firms in perfect competition and monopoly.

TopicDifferent market structures11.5 Relationship between countries at different levels of development

Question paper p.3 Mark scheme p.11 Open in the tool Draw it: monopoly diagram

Section C

Q4OptionalEvaluate20 marks

In 2022, many countries experienced a high rate of inflation caused by disruptions to the supply of goods and services arising from the Covid-19 pandemic and the conflict between Russia and Ukraine. In one country, the government cut taxes and the central bank raised interest rates. Evaluate the likely impact of these policies on that government’s ability to control inflation.

TopicEffectiveness of policy options to meet all macroeconomic objectives

Question paper p.3 Mark scheme p.12 Open in the tool Practise the AD/AS diagram

Q5OptionalEvaluate20 marks

Evaluate the likely impact of globalisation on a low-income country’s standard of living.

TopicGlobalisation11.3 Economic development11.4 Characteristics of countries at different levels of development

Question paper p.3 Mark scheme p.14 Open in the tool

Question text is quoted from the question papers, © Cambridge University Press & Assessment (UCLES), for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.

Section A

Developments in the electric vehicle (EV) industry

Section B

Section C

Other years of Cambridge International (CAIE) A-level Paper 4

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