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9708 · Cambridge International AS Level

9708/21

Paper 2

Economics · June 2024 · Variant 1

Relative difficulty

Standard · 3.2/5
Relative difficulty

3.2 / 5

Total marks

130

Duration

180 min

Most tested topic

Government Policy Intervention and Macroeconomic Management

Cohort performance

Session statistics from official examination reports

Total marks

130

Duration

180 min

Session difficulty

3.2 / 5

Key examiner messages

Top priorities from the principal examiner before you revise

1

In the Data Response section, candidates who secured high marks demonstrated precise graphical interpretation.

2

For example, calculating the percentage change in the balance of trade required recognizing that a negative value represents a deficit, meaning an increase from −858 -858 −858 to −410 -410 −410 is a reduction in the deficit.

3

In the essay sections, high-scoring essays on planned versus mixed economies (Q2b) and price elasticity of supply versus cross elasticity of demand (Q3b) avoided generalities and utilized precise economic frameworks.

4

The 12-mark essays are graded using a level-of-response mark scheme where candidates must show structured analysis and balanced evaluation with a justified conclusion to access the top level (9-12 marks).

Question difficulty map

How candidates performed on each question in this series

No data available in official reports

Assessment objectives

Skill and AO weighting from official examiner commentary

Knowledge & Understanding5
Application (AO1/AO2)3
Analysis (AO2)2
Evaluation (AO3)1

Skill weighting

Shows the skill mix this paper tested most heavily.

Knowledge & UnderstandingKnowledge &UnderstandingApplication (AO1/AO2)Application(AO1/AO2)Analysis (AO2)Analysis (AO2)Evaluation (AO3)Evaluation (AO3)
SkillWeightShare
  • Knowledge & Understanding

    Weight: 5100%
  • Application (AO1/AO2)

    Weight: 360%
  • Analysis (AO2)

    Weight: 240%
  • Evaluation (AO3)

    Weight: 120%

Method marks watchlist

Where working, steps, or method marks were commonly lost

No data available in official reports

Recurring mistakes across years

Themes examiners flag in multiple recent sessions for this subject

No data available in official reports

Question choice intelligence

Mean scores and popularity for optional questions (HKDSE electives)

No data available in official reports

Level exemplars

What candidate scripts at each grade level looked like

No data available in official reports

Grade & admission context

How marks relate to grade thresholds and entry standards

Report type

Cambridge Principal Examiner Report — component performance and international standards

Level A

Approx. 56% of maximum mark

Level B

Approx. 47% of maximum mark

Level C

Approx. 38% of maximum mark

Level D

Approx. 29% of maximum mark

Level E

Approx. 21% of maximum mark

Deep insights

What top candidates did

Techniques and approaches examiners rewarded in this series

No data available in official reports

Command word playbook

How to match each command word to the expected response style

ChooseFrequency: 30

Match the expected response style for “Choose” questions.

AssessFrequency: 6

Match the expected response style for “Assess” questions.

ExplainFrequency: 5

Give reasons and link mechanism to outcome; each point needs a because/so chain.

ConsiderFrequency: 5

Match the expected response style for “Consider” questions.

IdentifyFrequency: 1

Name or point to the specific feature asked for — avoid extra explanation.

CalculateFrequency: 1

Show formula, substitution, and unit; method marks need visible working.

Time traps

Sections where candidates spent disproportionate time relative to marks

Paper 11 Multiple C…40m / 20 marks

Min per mark: 2

Paper 21 Section A …40m / 20 marks

Min per mark: 2

Paper 21 Section B …40m / 20 marks

Min per mark: 2

Syllabus traceability

Topics linked to questions and mark weighting in this session

Fiscal policy (Government macroeconomic intervention (AS Level))

14 marks this session

Government macroeconomic policy objectives (Government macroeconomic intervention (AS Level))

13 marks this session

Resource allocation in different economic systems (Basic economic ideas and resource allocation (AS Level))

12 marks this session

MCQ trap analytics

Commonly chosen wrong options from examiner commentary

No data available in official reports

Topic heatmap across years

Mark concentration by topic and exam year for this subject

Mark intensity

LowHigh
Topic
2023
2024
2025
Σ

Production possibility curves

21
21

Fiscal policy

21
21

Unemployment (The Macroeconomy (AS Level))

15
15

Monetary policy

14
14

Fiscal policy (Government macroeconomic intervention (AS Level))

14
14

Government macroeconomic policy objectives (Government macroeconomic intervention (AS Level))

13
13

Supply-side policy (Government macroeconomic intervention (AS Level))

13
13

Resource allocation in different economic systems (Basic economic ideas and resource allocation (AS Level))

12
12

Difficulty trend

How session difficulty has shifted across recent years

202320242025
2023 June 2023 · 3.5/52024 June 2024 · 3.2/52025 June 2025 · 3.4/5

Paper comparison

Marks and duration breakdown across papers in this session

Paper 11 (Multiple Choice):

30 marks60 min

Paper 21 (Data Response & Essays):

100 marks120 min

Marks you can still earn

Where valid approaches outside the mark scheme may still gain credit

  • Failing to compare fiscal policy interventions with alternative monetary or supply-side frameworks in macro essays.

Practise what examiners flagged

Target weak topics from this report inside the Revui app

Self-diagnostic checklist

Key actions before you sit this paper — copy and tick off as you revise

  • 1Message

    In the Data Response section, candidates who secured high marks demonstrated precise graphical interpretation.

  • 2Message

    For example, calculating the percentage change in the balance of trade required recognizing that a negative value represents a deficit, meaning an increase from −858 -858 −858 to −410 -410 −410 is a reduction in the deficit.

  • 3Message

    In the essay sections, high-scoring essays on planned versus mixed economies (Q2b) and price elasticity of supply versus cross elasticity of demand (Q3b) avoided generalities and utilized precise economic frameworks.

  • 4Message

    The 12-mark essays are graded using a level-of-response mark scheme where candidates must show structured analysis and balanced evaluation with a justified conclusion to access the top level (9-12 marks).

Teacher briefing pack

One-page session summary for tutors and classroom review

June 2024 2024

Economics

In the Data Response section, candidates who secured high marks demonstrated precise graphical interpretation. For example, calculating the percentage change in the balance of trade required recognizing that a negative value represents a deficit, meaning an increase from −858 -85

  • In the Data Response section, candidates who secured high marks demonstrated precise graphical interpretation.

  • For example, calculating the percentage change in the balance of trade required recognizing that a negative value represents a deficit, meaning an increase from −858 -858 −858 to −410 -410 −410 is a reduction in the deficit.

  • In the essay sections, high-scoring essays on planned versus mixed economies (Q2b) and price elasticity of supply versus cross elasticity of demand (Q3b) avoided generalities and utilized precise economic frameworks.

Total marks
130
Duration
180 min
Session difficulty
3.2 / 5

Session analysis

In the Data Response section, candidates who secured high marks demonstrated precise graphical interpretation. For example, calculating the percentage change in the balance of trade required recognizing that a negative value represents a deficit, meaning an increase from −858 -858 −858 to −410 -410 −410 is a reduction in the deficit. In the essay sections, high-scoring essays on planned versus mixed economies (Q2b) and price elasticity of supply versus cross elasticity of demand (Q3b) avoided generalities and utilized precise economic frameworks. The 12-mark essays are graded using a level-of-response mark scheme where candidates must show structured analysis and balanced evaluation with a justified conclusion to access the top level (9-12 marks).

Updated Jun 12, 2026

Paper breakdown

Paper 11 (Multiple Choice):

30 marks60 min

Paper 21 (Data Response & Essays):

100 marks120 min

Top chapters

Fiscal policy (Government macroeconomic intervention (AS Level))14 marks
Government macroeconomic policy objectives (Government macroeconomic intervention (AS Level))13 marks
Resource allocation in different economic systems (Basic economic ideas and resource allocation (AS Level))12 marks

Exam structure insights

Marks by chapter

See where the marks were concentrated so revision time goes to the highest-value topics.

Fiscal policy (Government macro14 marks
Government macroeconomic policy13 marks
Resource allocation in differen12 marks
Price elasticity of supply (The12 marks
Aggregate Demand and Aggregate11 marks
Price elasticity, income elasti9 marks
Classification of goods and ser9 marks
Unemployment (The Macroeconomy9 marks

Mark accessibility

Estimate which marks were basic, mid-level, or high-difficulty.

77% within easy or medium reach

45
55
30
Easy: 45 marksMedium: 55 marksHard: 30 marks

Command word frequency

Spot common command words so answers match the expected response style.

Choose30 times
Assess6 times
Explain5 times
Consider5 times
Identify1 times
Calculate1 times

Question type mix

Compare the mark share of each paper section and question type.

130Marks
  • Essay

    (Part B)

    48·4·37%

  • Essay

    (Part A)

    32·4·25%

  • Multiple Choice

    30·30·23%

  • Data Response

    20·6·15%

Study ROI

Bigger bubbles recur more often; higher bubbles carry more marks, helping you rank revision priorities.

DifficultyRecurrence %Fiscal policy (Gov…Elasticities (The …Classification of …Aggregate Demand a…Current account of…

Time vs marks

Compare marks with suggested time allocation to plan exam pacing.

MarksMinutesMarks / min

Paper 11 Multiple C…

0.50 m/min
20
40

Paper 21 Section A …

0.50 m/min
20
40

Paper 21 Section B …

0.50 m/min
20
40

Total marks

60

Total time

120 min

Avg pace

0.50

Next-year prediction

Topics worth watching next year, with the reason shown directly below each bar.

Exchange Rates & Monetary Policy Interrelation

85%

85%

Market Failure & Indirect Tax/Subsidy Graphical Analysis

80%

80%

Exam tips

Paper format

Duration
2h
Total marks
60

June 2024

View full examiner insights for this session

View full examiner insights for this session

Analysis is paraphrased for study purposes. Always verify against the official examiner report and mark scheme.

9708/21 — Cambridge International AS Level Economics (June 2024) | Revui