Time
1 hour 45 minutes
Higher level 30%
Questions in this paper are drawn from the four units of the syllabus.
Students may use a calculator. A scientific calculator is sufficient. If using a graphic display calculator (GDC), do not use the graphing function to plot, for example, demand and supply graphs from algebraic functions. It does not work well because of the reversal of the dependent (Q) and independent (P) variables on the axes.
(See the “Relevant AOs in more detail” section in this document for more detail.) Answers should demonstrate the following assessment objectives (AOs).
AO1—knowledge and understanding AO2—application and analysis
AO3—synthesis and evaluation (only for part (b) answers) AO4—use and application of appropriate skills
See teaching point 1.