Edexcel 8 mark question Examine two possible factors which may have influenced demand for rail travel since 2008 Edexcel A-Level Economics Paper 1 June 2020 Extract With reference to Figure 2, examine two possible factors which may have influenced demand for rail travel since 2008. (8 marks) One factor that might have caused an increase in the demand for rail travel since 2008 might have been an
Edexcel 8 mark question Examine two possible reasons for the change in price elasticity of demand for electricity over time Edexcel A-Level Economics Paper 1 June 2018 Extract The price elasticity of demand for electricity in the UK is estimated to be -0.35 in the short run and -0.85 in the long run. With reference to Extract A and your own knowledge, examine two possible reasons for
Edexcel 8 mark question Examine two likely benefits for the Rwandan economy of the growth in the country’s population Edexcel A-Level Economics Paper 2 June 2021 Extract With reference to the information provided, examine two likely benefits for the Rwandan economy of the growth in the country’s population. (8 marks) An increase in population can contribute towards economic growth. Rwanda's population grew from around 9.
Edexcel 8 mark question Examine the likely impact of the ‘freeze in income tax thresholds’ on aggregate demand Edexcel A-Level Economics Paper 2 June 2024 Extract With reference to Figure 4 and Extract A, examine the likely impact of the ‘freeze in income tax thresholds’ (Extract A line 1) on aggregate demand. (8 marks) A freeze in income taxes is likely to cause a decrease in aggregate
Edexcel 8 mark question Examine two factors influencing the short‑run aggregate supply of the German economy Edexcel A-Level Economics Paper 2 June 2025 Extract With reference to Extract A, examine two factors influencing the short‑run aggregate supply of the German economy. (8 marks) One factor that might have caused a decrease in short-run aggregate supply (SRAS) in the German economy could be the
Edexcel 12 mark question Discuss the likely effectiveness of ‘measures to open up and increase competition’ in the UK energy market Edexcel A-Level Economics Paper 1 June 2018 Extract With reference to Extract A, discuss the likely effectiveness of ‘measures to open up and increase competition’ in the UK energy market. (12 marks) A 'temporary price cap' is likely to be effective as it should make the UK
Edexcel 12 mark question Discuss the possible impact of supermarket monopsony power on both food suppliers and consumers Edexcel A-Level Economics Paper 1 June 2017 Extract With reference to Figure 2 and Extract A, discuss the possible impact of supermarket monopsony power on both food suppliers and consumers. (12 marks) Monopsony power is where a buyer in a market has significant bargaining power when buying factors of
Edexcel 12 mark question Discuss one likely reason for the rise in BT’s profit Edexcel A-Level Economics Paper 1 June 2019 Extract Discuss one likely reason for the rise in BT’s profit (Figure 2, Extracts B and C). Use a cost and revenue diagram to support your answer. (12 marks) One main reason that Extract B mentions that BT 'reported a
Edexcel 12 mark question Discuss whether the rail network can be considered to be a natural monopoly Edexcel A-Level Economics Paper 1 June 2020 Extract With reference to Extract A, paragraph 3, discuss whether the rail network can be considered to be a natural monopoly. (12 marks) On the one hand, the rail network can be considered a natural monopoly. This is a market structure where
Edexcel 12 mark question Discuss the likely private and external benefits of viewing educational websites and TV programmes Edexcel A-Level Economics Paper 1 June 2023 Extract With reference to Extract C, discuss the likely private and external benefits of viewing educational websites and TV programmes. (12 marks) Private benefit is the benefit directly to the consumer, whereas external benefit is the benefit to a third party from
Edexcel 12 mark question Discuss the proposed government subsidy to prevent Thomas Cook from reaching its shut-down point Edexcel A-Level Economics Paper 1 June 2021 Extract With reference to Extract C, discuss the proposed government subsidy to prevent Thomas Cook from reaching its shut-down point. (12 marks) One reason in favour of the proposed subsidy is that it could have prevented Thomas Cook from shutting down
Edexcel 12 mark question Discuss the likely impact of ‘rising costs’ for coffee shops on their profitability Edexcel A-Level Economics Paper 1 June 2022 Extract Using a cost and revenue diagram, discuss the likely impact of ‘rising costs’ for coffee shops on their profitability (Extract A, line 2). (12 marks) Rising costs is likely to reduce coffee shops’ profitability. Extract A mentions firms having to cover
Y12 Macroeconomics Notes Quantitative Easing | A-Level Economics Notes These revision notes cover everything you need to know about Quantitative Easing 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
Edexcel 12 mark question Discuss the potential conflicts between macroeconomic objectives when the central bank attempts to control inflation Edexcel A-Level Economics Paper 2 June 2019 Extract With reference to Extract C, discuss the potential conflicts between macroeconomic objectives when the central bank attempts to control inflation. (12 marks) Extract c line 15 mentions concerns of 'rising inflation'. The central bank are likely to respond with
Edexcel 12 mark question Discuss the problems for the Ivory Coast of dependency on cocoa for a large proportion of their exports Edexcel A-Level Economics Paper 2 June 2020 Insert Discuss the problems for the Ivory Coast of dependency on cocoa for a large proportion of their exports. Refer to Figure 2 in your answer. (12 marks) Primary products are raw materials and natural resources that often come from agriculture. One
Edexcel 12 mark question Discuss methods the UK government could use to increase tax revenue Edexcel A-Level Economics Paper 2 June 2022 Extract With reference to Extract C and your own knowledge, discuss methods the UK government could use to increase tax revenue. (12 marks) One method to increase tax revenue would be to raise corporation tax which has been announced to rise to
Edexcel 12 mark question Discuss the impact of the planned investment by Intel in a new semiconductor factory on Germany’s aggregate demand Edexcel A-Level Economics Paper 2 June 2015 Extract With reference to Extract B, discuss the impact of the planned investment by Intel in a new semiconductor factory on Germany’s aggregate demand. Use an aggregate demand and aggregate supply diagram in your answer. (12 marks) The impact of this
Edexcel 12 mark question Discuss the use of quantitative easing in preventing deflation Edexcel A-Level Economics Paper 2 June 2024 Extract With reference to Extract B, discuss the use of quantitative easing in preventing deflation. (12 marks) Quantitative easing can be useful in preventing deflation as it can promote economic growth. As money supply increases, high street interest rates fall. This means
Edexcel 15 mark question Discuss the role of the financial sector in the growth and development of developing countries Edexcel A-Level Economics Paper 2 June 2018 Extract Discuss the role of the financial sector in the growth and development of developing countries. (15 marks) One way the financial sector can be impactful is through microfinance schemes. Microfinance refers to small loans provided to entrepreneurs who lack access to
Edexcel 15 mark question Discuss policies, other than import tariffs, that the Rwandan government could use to develop its manufacturing industries Edexcel A-Level Economics Paper 2 June 2021 Extract Discuss policies, other than import tariffs, that the Rwandan government could use to develop its manufacturing industries. (15 marks) One policy the Rwandan government can use to develop its manufacturing industries is lower corporation taxes. This means that firms can keep
Y13 Macroeconomics Notes Inequality (Macroeconomics) | A-Level Economics Notes These revision notes cover everything you need to know about Inequality for A-Level Economics. They're designed for students studying Edexcel A-Level Economics, and Edexcel International A-Level Economics. Written by Jaisul Naik, UCL Economics graduate and A-Level Economics tutor since 2017. Please note: this topic
Y13 Microeconomics Notes Shutdown Points | A-Level Economics Notes These revision notes cover everything you need to know about Shutdown Points 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
Edexcel 15 mark question Discuss market-orientated strategies the Angolan government could use to improve development Edexcel A-Level Economics Paper 2 June 2023 Extract Discuss market-orientated strategies the Angolan government could use to improve development. (15 marks) Paragraph 1 One market-based strategy that the Angolan government can use to increase economic development is to reduce corporation taxes. Lower corporation taxes mean that firms
Edexcel 15 mark question Discuss the benefits of an increase in infrastructure spending on the UK economy Edexcel A-Level Economics Paper 1 June 2022 Extract With reference to Extract B, discuss the benefits of an increase in infrastructure spending on the UK economy. Use an aggregate demand and aggregate supply diagram to support your answer. (15 marks) Paragraph 1 One benefit of an increase in infrastructure
Edexcel 15 mark question Discuss ‘looser fiscal policy’ and ‘supply-side reforms’ that may be used by governments of Eurozone countries to increase economic growth Edexcel A-Level Economics Paper 1 June 2017 Extract Discuss ‘looser fiscal policy’ and ‘supply-side reforms’ (Extract A, lines 20 and 21) that may be used by governments of Eurozone countries to increase economic growth. (15 marks) Looser fiscal policy refers to expansionary fiscal policy, which is when the