AQA 10 mark question Explain two reasons why the demand for library services has fallen AQA AS-Level Paper 1 June 2018 Insert Extract B (lines 2–3) states: ‘a recent survey found that only a third of adults had box used a library in the previous year, a significant fall since data collection began in 2005’. Explain two reasons why the demand for library services
AQA 10 mark question Explain how an increase in Bank Rate may lead to a reduction in the rate of inflation AQA AS-Level Paper 2 June 2024 Insert Extract B (lines 11–12) states: ‘In response, as inflation rose above the target rate, the Bank of England's Monetary Policy Committee acted by increasing Bank Rate.’ Explain how an increase in Bank Rate may lead to a reduction in the
Edexcel 25 Mark Question Evaluate the microeconomic and macroeconomic effects of rapid increases in population in India Edexcel A-Level Economics Paper 3 June 2025 Insert Evaluate the microeconomic and macroeconomic effects of rapid increases in population in India. (June 2025) Plan * Paragraph 1 * Argument: one microeconomic effect of an increase in population is an increase in labour supply * Diagram: increase in labour supply, fall in costs for
Edexcel Exam Technique Edexcel A-Level Economics Paper 3 Checklist Microeconomic effects 1. costs and revenue 2. externalities 3. labour demand or labour supply 4. occupational and geographical mobility of labour Macroeconomic effects 1. AD/SRAS/LRAS 2. Tariffs/removing tariffs 3. Development Microeconomic policies Market failure 1. indirect taxes 2. subsidies 3. maximum prices 4. minimum prices 5. pollution
Y13 Macroeconomics Notes Trade | A-Level Economics Notes These revision notes cover everything you need to know about Trade for A-Level Economics. They're designed for students studying AQA A-Level Economics, Edexcel A-Level Economics, and Edexcel International A-Level Economics. Written by Jaisul Naik, UCL Economics graduate and A-Level Economics tutor since 2017. What is free trade? Free
Model Paragraphs Contractionary Fiscal Policy to Reduce a Current Account Deficit | A-Level Economics Model Paragraph Contractionary fiscal policy Contractionary fiscal policy can be another measure to reduce a country's current account deficit. It occurs when the government either increases taxes or decreases spending to influence the economy. One example is increasing income taxes. As disposable incomes fall, spending decreases. This is costly, but
Model Paragraphs Supply-Side Policies to Reduce a Current Account Deficit | A-Level Economics Model Paragraph Supply-side policies Supply-side policies can be used to reduce a current account deficit. They are a range of policies aimed at increasing the economy’s productive potential. For instance, the government can increase spending on infrastructure. If the government improves transport links, this can allow UK businesses to become more
Model Paragraphs Effects of Deflation | A-Level Economics Model Paragraph Disadvantage of Deflation Deflation can be damaging, as it can trigger a deflationary spiral. Deflation is when there is a fall in the average price level. When prices first fall in the economy, people form an expectation that prices will continue to fall. Because of this expectation, consumers are likely
Model Paragraphs Effects of Inflation | A-Level Economics Model Paragraph Disadvantage of Inflation Inflation is damaging to the economy as it can cause a wage-price spiral. Inflation is when there is an increase in the average price level in the economy. When workers see an increase in the rate of inflation, they realise that the cost of living will be
Y13 Microeconomics Notes Economies of Scale | A-Level Economics Notes These revision notes cover everything you need to know about Economies of Scale for A-Level Economics. They're designed for students studying AQA A-Level Economics, Edexcel A-Level Economics, and Edexcel International A-Level Economics. Written by Jaisul Naik, UCL Economics graduate and A-Level Economics tutor since 2017. What are economies
IAL 20 mark question Evaluate the possible benefits of a demerger Edexcel International A-Level Economics Unit 3 October 2022 In January 2022 the Australian firm Peak Minerals demerged from Vertex Minerals. The main reason for the demerger was to enable Peak Minerals to focus on copper and gold mining production in Western Australia. Evaluate the possible benefits of a demerger. Illustrate
Edexcel 25 Mark Question Evaluate the factors that might influence the supply of labour in an occupation of your choice Edexcel A-Level Economics 25 Mark Question Some occupations in the UK are facing large labour shortages. Hard-to-fill vacancies include qualified chefs, software engineers, construction workers and qualified nurses. Evaluate the factors that might influence the supply of labour in an occupation of your choice. (June 2022) Paragraph 1 * Argument: one
Edexcel 25 Mark Question Evaluate the likely microeconomic effects of such a tax Edexcel A-Level Economics 25 Mark Question In 2015 a report by Public Health England recommended the imposition of a 20% tax on the sale of soft drinks that contain high levels of sugar. Evaluate the likely microeconomic effects of such a tax. (June 2017) Plan * Paragraph 1 * Argument: another effect
Edexcel 25 Mark Question Evaluate the likely microeconomic effects of increased spending on education Edexcel A-Level Economics 25 Mark Question In 2023, the UK prime minister Rishi Sunak said that he wanted to see all students in England study some form of mathematics until they reach the age of 18 to ‘ensure that they leave school better equipped for the jobs of the future’
Edexcel 25 Mark Question Evaluate the likely private costs and external costs involved in such major power station construction projects In September 2016 the government approved the building of an £18 billion nuclear power station, Hinkley Point C, which will supply 7% of UK electricity for up to 60 years. The power station is funded by Chinese and French investment. Evaluate the likely private costs and external costs involved in
Edexcel 25 Mark Question Evaluate possible methods of government intervention to control household energy bills in the UK Edexcel A-Level Economics 25 Mark Essay Plan The average UK household energy bill (gas and electric combined) rose 80% from £1971 in 2021 to £3549 in 2022. Evaluate possible methods of government intervention to control household energy bills in the UK. (June 2023) Paragraph 1 * Argument: one method to control
Edexcel 25 Mark Question Evaluate the impact of a large fiscal deficit and national debt on a country’s economy Edexcel A-Level Economics 25 Mark Question Japan’s budget deficit for 2017/18 is expected to be 4.6% of GDP. Its national debt is forecast to increase to above 250% of GDP by 2019. Evaluate the impact of a large fiscal deficit and national debt on a country’s
Edexcel 25 Mark Question Evaluate the likely impact of measures which a government could take to reduce the economy’s national debt Edexcel A-Level Economics 25 Mark Question In 2012, it was estimated that Japan’s national debt was equal to 214.3% of its GDP, and Greece’s national debt was equal to 161.3% of its GDP. Evaluate the likely impact of measures which a government could take to reduce
Model Paragraphs Evaluate the Advantage of a Minimum Wage to Workers | A-Level Economics Model Paragraph A minimum wage benefits workers by increasing their wages. A minimum wage is the wage rate set above the equilibrium, below which it is illegal to hire workers. As the wage rises from W1 to W2, the supply of labor expands while the demand for labor contracts. This leads to
IAL 20 mark question Evaluate measures that a government could introduce to promote competition and contestability Edexcel International A-Level Economics Unit 3 January 2025 In 2007 the Government of Indonesia set up the Kredit Usaha programme. The aim of this programme was to support small businesses by offering subsidies and low-cost loans. In 2022 the amount that a business could borrow was increased significantly. Evaluate measures
IAL 20 mark question Evaluate the economic benefits of government intervention in labour markets Edexcel International A-Level Economics Unit 3 October 2024 In 2023 the Government of Mexico intervened in the country’s labour market by: * increasing the daily minimum wage by 20% to 207.44 pesos * setting a maximum of 48 hours per week for a full‑time employee. Evaluate the economic benefits
Paper 3 10 Mark Question To what extent, if at all, do the data suggest that people living in the South East (SE) of England are better off than people living in the North East (NE) of England? AQA A-Level Economics June 2024 10 Mark Question To what extent, if at all, do the data suggest that people living in the South East (SE) of England are better off than people living in the North East (NE) of England? (10 marks) Whether one group of people are better
Edexcel 25 Mark Question Evaluate whether a monopoly is likely to operate efficiently Edexcel A-Level Economics 25 Mark Question Tesla held an 82% market share of the electric vehicle market in the United States during the first half of 2020. Evaluate whether a monopoly is likely to operate efficiently. Refer to at least one monopoly of your choice. (June 2022) Plan * Paragraph 1
Paper 3 10 Mark Question AQA A-Level Economics Paper 3 | 10 Mark Question Exam technique Timings: I would recommend spending up to 20 minutes on the 10 mark question in Paper 3 Structure: I would recommend writing a short introduction, 3 or 4 short paragraphs and a short conclusion. How to write a perfect introduction: I would recommend writing the key definitions and
AQA 25 mark question Assess the impact of a persistent current account deficit on the macroeconomic performance of the UK economy AQA A-Level Economics Paper 2 June 2018 Using the data in the extracts and your knowledge of economics, assess the impact of a persistent current account deficit on the macroeconomic performance of the UK economy. (25 marks) Plan * Introduction: current account deficit, macroeconomic objectives * Paragraph 1: * Argument: on the one