AQA 15 mark question Explain how an appreciation of its currency is likely to affect a country’s rate of economic growth AQA A-Level Economics Paper 2 June 2020 Explain how an appreciation of its currency is likely to affect a country’s rate of economic growth. Exchange rates are the value of one currency in terms of another. A currency appreciation means that the price of the currency has increased.
AQA 15 mark question Explain how fiscal policy can be used to try to improve the supply side of an economy AQA A-Level Economics Paper 2 June 2018 Explain how fiscal policy can be used to try to improve the supply side of an economy. (15 marks) 1. Fiscal policy is the manipulation of government spending and taxation. 2. Usually, this is done to influence the level of aggregate demand
AQA 15 mark question Explain how perfect competition should lead to outcomes which are both productively and allocatively efficient AQA A-Level Economics Paper 1 June 2021 Explain how perfect competition should lead to outcomes which are both productively and allocatively efficient. (15 marks)
AQA 15 mark question Explain how the price mechanism allocates resources in a market economy. AQA A-Level Economics Paper 1 June 2022 Explain how the price mechanism allocates resources in a market economy. (15 marks) In the free market, equilibrium is the price and quantity at which demand meets supply. The price mechanism has three functions (ration, incentive and signal) and this solves the
IAL 20 mark question Edexcel International A-Level Economics | 20-mark question | Unit 3 In July 2017 the German retailer Metro Group demerged into two independent companies. Its wholesale and food division became New Metro and a separate consumer electronics business, CECONOMY, was formed. Evaluate the possible benefits of a demerger for the business and its workforce. Illustrate your answer with an appropriate diagram(
Y13 Microeconomics Notes Costs and Revenue | A-Level Economics Notes These revision notes cover everything you need to know about Revenue and Costs 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
Edexcel 8 mark question Examine the likely effects on the profitability of Indonesian rice farmers of the government’s increased investment in dams Edexcel A-Level Economics Paper 3 June 2018 Extract Examine the likely effects on the profitability of Indonesian rice farmers of the government’s increased investment in dams (Extract E, lines 43-48). Use a cost and revenue diagram to support your answer. (8 marks) A-Level Economics Tutoring I
AQA 15 mark question Explain how the multiplier and accelerator affect the overall level of economic activity AQA A-Level Economics Paper 2 June 2024 Explain how the multiplier and accelerator affect the overall level of economic activity. (15 marks) 1. The overall level of economic activity could be measured as the level of output, income or expenditure. 2. Real GDP measures the total value of goods
IAL 20 mark question Edexcel International A-Level Economics | 20-mark question | Unit 4 In 2016, the volume of world trade grew more slowly than world real GDP for the first time in 15 years. Evaluate factors that might have caused this slow growth in world trade. (Specimen) In the three months after the UK’s vote to leave the European Union in June
Edexcel 8 mark question Examine two factors which might explain the change in the rate of Eurozone inflation Edexcel A-Level Economics Paper 2 June 2017 Extracts With reference to the information provided and your own knowledge, examine two factors which might explain the change in the rate of Eurozone inflation as shown in Figure 2. (8 marks)
Edexcel 8 mark question Edexcel A-Level Economics | 8 mark question Edexcel A-Level Economics Paper 1 Examine two reasons Cineworld plans to merge with CCI. (Specimen) Examine measures the government might use to restrict the monopsony power of supermarkets. (June 2017) | Extract The price elasticity of demand for electricity in the UK is estimated to be -0.35 in the
Edexcel 10 mark question Edexcel A-Level Economics | 10 mark question Edexcel A-Level Economics Paper 1 Apart from price discrimination, assess one pricing and one non-pricing strategy Cineworld could adopt to increase sales. (Specimen) Assess the extent to which ‘information gaps’ (Extract B, lines 5 and 6) and ‘irrational behaviour’ (Extract B, line 11) are the main causes of
Y12 Microeconomics Notes PES | A-Level Economics Notes These revision notes cover everything you need to know about PES 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.
Past Papers Edexcel A-Level Economics Past Papers 2025 Edexcel A-Level Economics Past Papers June 2017 Edexcel A-Level Economics Paper 1 June 2017 | QP | MS | ER Edexcel A-Level Economics Paper 2 June 2017 | QP | MS | ER Edexcel A-Level Economics Paper 3 June 2017 | QP | MS | ER Edexcel A-Level Economics Past Papers June 2018 Edexcel
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AQA 10 mark question AQA AS-Level Economics | 10 mark question AQA AS-Level Economics Paper 1 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. (Specimen) | Insert | Model Answer Extract E
AQA 25 mark question AQA A-Level Economics | 25 mark question AQA A-Level Economics Paper 1 Using the data in the extracts and your economic knowledge, assess whether you agree that fixing a maximum price for energy that is sold to households is the best way of dealing with market failure in the UK energy industry? (Specimen) | Insert | Using the
AQA 9 mark question AQA A-Level Economics | 9 mark question A-Level Economics Paper 1 Extract B (lines 11–12) states that there is ‘no evidence of collusion between energy suppliers to date.’ With the help of a diagram, explain how collusion between energy suppliers could affect the retail prices paid by consumers. (Specimen) Extract F (lines 9–10) states
AQA 15 mark question AQA A-Level Economics | 15 mark question AQA A-Level Economics Paper 1 Explain why firms, such as Apple, might be able to charge different prices for the same product in different markets. (Specimen) Using examples to illustrate your answer, explain how anchoring and loss aversion can affect an individual’s choices when deciding how to spend
Y12 Microeconomics Notes PED | A-Level Economics Notes These revision notes cover everything you need to know about PED 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.
Y12 Microeconomics Notes Elasticity | A-Level Economics Notes These revision notes cover everything you need to know about Elasticity 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.
Y12 Microeconomics Notes YED | A-Level Economics Notes These revision notes cover everything you need to know about YED 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.
Y12 Microeconomics Notes XED | A-Level Economics Notes These revision notes cover everything you need to know about XED 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.