EdexcelAS LevelPaper 1October 202010 marksTheme 1
Assess the likely impact of these drop-out rates on the allocation of resources within an economy.
1.2.7 The Price Mechanism · 1.1.3 The Economic Problem
The Economic Problem — Edexcel Past Paper Questions
4 questions on The Economic Problem (Edexcel specification 1.1.3) from the A-Level Economics papers, 2018–2020. Every question links to the official mark scheme at the page its answer begins on.
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EdexcelAS LevelPaper 1June 20195 marksTheme 1
With reference to Extract A and Figure 2, explain how the health care market in the UK illustrates the economic problem.
EdexcelA LevelPaper 3June 20195 marksTheme 1Theme 4
With reference to Extract D line 21, explain why ‘opportunity cost’ is a problem for governments of developing countries when servicing debt.
EdexcelAS LevelPaper 1June 20184 marksTheme 1
Using examples from the information provided, explain what is meant by renewable and non-renewable energy.
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Related topics
- 1.1.6 Types of Economies 5 questions
- 1.2.1 Rational Decision Making 4 questions
- 1.2.2 Demand 5 questions
- 1.2.3 Elasticities of Demand 14 questions
- 1.2.5 Price Elasticity of Supply 5 questions
- 1.2.6 Price Determination 12 questions
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