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

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

All 8 written questions from Cambridge International (CAIE) A-level Paper 4 (March 2024), A Level Data Response and Essays. Case studies: French electricity prices. 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

French electricity prices

In the extracts: France, French, UK and France, European

Q1(a)Identify5 marks

Identify what caused the rise in the electricity prices and explain whether it can be concluded from the article that the price rise was an example of market failure.

TopicEfficiency and market failure

Question paper p.2 Mark scheme p.8 Open in the tool

Q1(b)4 marks

Is there any evidence in the article that the French government’s decisions will increase competition or efficiency in the energy market?

TopicEfficiency and market failure

Question paper p.2 Mark scheme p.8 Open in the tool

Q1(c)(i)Distinguish3 marks

Distinguish between equality and equity.

TopicEquity and policies towards income and wealth redistribution

Question paper p.2 Mark scheme p.8 Open in the tool

Q1(c)(ii)Consider8 marks

Consider whether the actions of the French government on electricity prices might be thought to increase either equality or equity for consumers and producers.

TopicEquity and policies towards income and wealth redistribution

Question paper p.2 Mark scheme p.9 Open in the tool

Section B

Q2OptionalAssess20 marks

With the help of a diagram, assess the effectiveness of a government’s intervention in the price mechanism to address the causes of climate change.

TopicGovernment policies to achieve efficient resource allocation and correct market failure7.4 Private costs and benefits, externalities and social costs and benefits11.6 Globalisation

Question paper p.3 Mark scheme p.10 Open in the tool Draw it: negative externality diagram Or: indirect tax diagram

Q3OptionalEvaluate20 marks

The introduction of a trade union into a perfectly competitive labour market will always lead to higher wage levels and a higher level of unemployment. With the help of a diagram, evaluate this statement.

TopicLabour market forces and government intervention

Question paper p.3 Mark scheme p.12 Open in the tool

Section C

Q4OptionalAssess20 marks

With the help of a diagram, assess the effectiveness of government policies which might be used to reduce cost-push inflation.

TopicEffectiveness of policy options to meet all macroeconomic objectives

Question paper p.3 Mark scheme p.14 Open in the tool Draw it: AD/AS diagram

Q5OptionalEvaluate20 marks

Globalisation will help to achieve economic growth in high-income economies and this will automatically improve living standards. Evaluate this statement.

TopicGlobalisation9.2 Economic growth and sustainability11.3 Economic development

Question paper p.3 Mark scheme p.16 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

French electricity prices

Section B

Section C

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