Jaisul Naik

Edexcel 25 Mark Question

Evaluate the factors which may have caused this increase in income inequality.

Edexcel A-Level Economics 25 Mark Question Over the past 25 years, income inequality has been increasing in many developed countries. For example, from 2007 to 2011 Spain’s Gini coefficient rose by 6.0 percentage points, and Ireland’s by 6.6 percentage points. Evaluate the factors which may have

Edexcel 25 Mark Question

Evaluate possible economic causes of income and wealth inequalities within a country such as Brazil

Edexcel A-Level Economics 25 Mark Question In terms of income distribution and wealth distribution Brazil is one of the most unequal countries in the world. Its income Gini coefficient is 0.449 and it is ranked number 2 in the world for its wealth inequality. Evaluate possible economic causes of

AQA 25 mark question

Evaluate the view that increasing taxation is the best way to reduce a budget deficit

Evaluate the view that increasing taxation is the best way to reduce a budget deficit. (June 2024) Plan * Paragraph 1: * Argument: on the one hand, increasing taxation can be beneficial as it can reduce the budget deficit whilst also reducing inflation * Diagram: left shift in AD * Evaluation: depends on the

AQA 25 mark question

Assess the view that very low interest rates are good for the UK economy

AQA A-Level Economics Paper 2 June 2023 Insert Use the extracts and your knowledge of economics to assess the view that very low interest rates are good for the UK economy. (25 marks) Plan * Paragraph 1 * Argument: on the one hand, low interest rates are good as they can stimulate

AQA 25 mark question

Evaluate the view that the main objectives of UK government macroeconomic policy can be achieved without conflicting with each other

AQA A-Level Economics Paper 2 June 2020 Evaluate the view that the main objectives of UK government macroeconomic policy can be achieved without conflicting with each other. (June 2020) Plan * Paragraph 1 * Argument: on the one hand I would argue that the main objectives cannot be achieved without conflict, especially

AQA 25 mark question

Evaluate policies which could be used to boost South Korea’s exports and increase its trade surplus

AQA A-Level Economics Paper 1 June 2021 Insert Using the data in the extracts and your knowledge of economics, evaluate policies which could be used to boost South Korea’s exports and increase its trade surplus. (25 marks) Plan * Paragraph 1 * Argument: one policy that can be used to increase

AQA 25 mark question

Assess the view that a rise in Ireland's corporation tax rate is likely to have a damaging effect on its macroeconomic performance

AQA A-Level Economics Paper 2 June 2023 Insert Assess the view that a rise in Ireland's corporation tax rate is likely to have a damaging effect on its macroeconomic performance. (25 marks) * Paragraph 1 * Argument: on the one hand, higher corporation tax rates are damaging as they can

IAL 20 mark question

Edexcel International A-Level Economics | 20-mark question | Unit 2

In 2016, the GDP of Argentina was forecast to contract by 2% and consumer price inflation was predicted to increase by 4%. Evaluate supply-side policies that would help Argentina achieve economic growth without inflationary pressure. (Specimen) ‘The availability of credit has a significant influence over the level of consumption.’ Evaluate

Edexcel 25 Mark Question

Evaluate the effects of the growth of trading blocs such as the TFTA on global trading patterns

Edexcel A-Level Economics 25 Mark Question Three of Africa’s main trading blocs have agreed to form the Tripartite Free Trade Agreement (TFTA). This will create one of the world’s largest free trade areas, stretching across 26 countries with a combined GDP of around £1trillion. Evaluate the effects of

Edexcel 25 Mark Question

Evaluate the potential trade-offs between environmental protection and other macroeconomic objectives

Edexcel A-Level Economics 25 Mark Question It has been estimated that if climate change led to the world’s temperature rising 2.5°C compared to the temperature in 2010, then global GDP per capita would be 15% lower by 2100. If temperatures rise by 4°C compared to the

Edexcel 25 Mark Question

Evaluate the likely impact of globalisation on the global economy

Edexcel A-Level Economics 25 Mark Question With global economic growth slowing and inequality rising, the case against globalisation is strengthening. But there are also many benefits to globalisation. Global trade and international trade agreements allow countries to focus on their strengths and share expertise, as well as reducing risk through

Edexcel 25 Mark Question

Evaluate macroeconomic policies that could be used to increase international competitiveness in the UK’s export markets

Edexcel A-Level Economics 25 Mark Question In 2022 the value of UK exports fell by 14% compared with 2020. In contrast, the global average increase in exports was 8.2% over the same time period. The UK’s competitiveness also fell, dropping five places from 18th in 2021 to 23rd

Edexcel 25 Mark Question

Evaluate macroeconomic policies, apart from monetary policy, the UK government could use to reduce inflation.

Edexcel A-Level Economics 25 Mark Question UK inflation, as measured by the CPI, rose to 10.1% in the 12 months to July 2022, compared to 2.0% in the 12 months to July 2021. Evaluate macroeconomic policies, apart from monetary policy, the UK government could use to reduce inflation.

Edexcel 25 Mark Question

Evaluate the likely impact of cutting tax rates as a policy to increase economic growth

In 2018, the United States Government cut the corporation tax rate (tax on company profits) from 35% to 21%. Income tax rates for US citizens were also reduced: for example, the top rate of income tax was cut from 39.6% to 37%. Evaluate the likely impact of cutting tax

Edexcel 25 Mark Question

Evaluate the effectiveness of quantitative easing during ‘a significant recession’

Edexcel A-Level Economics 25 Mark Question The European Central Bank introduced a new round of quantitative easing (QE) in March 2020, purchasing up to €750 billion of assets. The objective of this QE was to reduce the serious risks to the effectiveness of monetary policy resulting from a significant recession.

Edexcel 25 Mark Question

Evaluate the likely macroeconomic consequences of a significant fall in global oil prices

Edexcel A-Level Economics 25 Mark Question Global oil prices fell from a 2008 peak of $147 a barrel to $27 in 2016. Evaluate the likely macroeconomic consequences of a significant fall in global oil prices. (June 2017) Plan * Paragraph 1 * Argument: one impact of a fall in oil prices is

Edexcel 25 Mark Question

Evaluate the likely impact of an increase in protectionism on the global economy

Edexcel A-Level Economics Paper 2 June 2022 Both China and the United States have been gradually increasing the tariffs imposed on each other’s exports as their trade dispute continues. The IMF estimated that the trade dispute between China and the United States would reduce global GDP growth by 0.

Edexcel 25 Mark Question

Evaluate macroeconomic policies that could be used to reduce a current account deficit

In 2021 Brazil’s current account deficit on the balance of payments was US$46.12 billion. The Central Bank of Brazil intervened to sell its own currency, the real, on September 23rd 2022. This was the first time it has intervened in foreign currency markets since December 2021. Evaluate

Y12 Macroeconomics Notes

Trade-offs between Macroeconomic Objectives | A-Level Economics Notes

These revision notes cover everything you need to know about Macroeconomic Trade-offs 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. Evaluate the trade-off between

Y13 Microeconomics Notes

Natural Monopoly | A-Level Economics Notes

These revision notes cover everything you need to know about Natural Monopoly 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 a natural

AQA 10 mark question

Explain two possible reasons, other than a change in income, for the rise in the price of food over the period shown

AS-Level Economics Specimen paper Extract B (line 1) states that ‘In recent years, food prices have risen faster than incomes.’ Explain two possible reasons, other than a change in income, for the rise in the price of food over the period shown. (10 marks) A market is a place where

Y12 Microeconomics Notes

Government Failure | A-Level Economics Notes

These revision notes cover everything you need to know about Government Failure 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 government failure?

AQA 15 mark question

Explain how rules of thumb and irrationality can affect consumers’ demand for goods and services

AQA A-Level Economics Paper 1 June 2021 Explain how rules of thumb and irrationality can affect consumers’ demand for goods and services. (June 2019) Firstly, consumers' demand can be affected by bounded rationality despite the assumption that all agents are rational. This happens due to a lack of information,

AQA GCSE Economics | 15 Mark Question

AQA GCSE Economics Paper 1 Do you think the government should intervene further in the UK supermarket industry? Use Figure 6 and 7 and your own economic knowledge to justify your view. (Specimen) | Extract Do you think the UK government should intervene to reduce market failure in the box coffee

Edexcel 15 mark question

Discuss the likely benefits of price discrimination to rail passengers. Use a diagram to support your answer

Edexcel A-Level Economics Paper 1 June 2020 Extract Discuss the likely benefits of price discrimination to rail passengers. Use a diagram to support your answer. (15 marks) Paragraph 1 One benefit of price discrimination to rail passengers is an increase in quality. Price discrimination allow monopolies such as railway companies