2013年11月IB经济SL真题下载-Paper1
Microeconomics
1. (a) Using a diagram, explain why demerit goods are considered to be an example of market failure.
(b) Evaluate two possible government responses that could be used to address the problem of demerit goods.
2. (a) Explain three determinants of price elasticity of demand (PED).
(b) Examine the role of PED for firms making decisions regarding price changes and their effect on total revenue.
Macroeconomics
3. (a) Distinguish between the causes of cyclical (demand-deficient) unemployment and structural unemployment.
(b) Evaluate government policies used to deal with cyclical unemployment.
4. (a) Explain how a producer price index could be useful in predicting future inflation.
(b) To what extent can supply-side policies help in fighting inflation?
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