Supply of Labour — Edexcel Past Paper Questions

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’. This would require additional spending on education. Just half of all 16 to 19 year-olds study mathematics. Yet in a world where data is everywhere and statistics are vital in every job, the workforce will require more analytical skills than ever before. Evaluate the likely microeconomic effects of increased spending on education.

One of two options in Section C — candidates answered this or the other.

1.3.2 Externalities · 3.5.2 Supply of Labour

Examine two factors which might influence the supply of labour in the electronics industry.

3.5.2 Supply of Labour

Evaluate the microeconomic and macroeconomic effects of labour shortages in the UK, or a developed economy of your choice.

One of two options in Section B — candidates answered this or the other.

3.5.2 Supply of Labour · 2.1.3 Employment and Unemployment

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.

One of two options in Section C — candidates answered this or the other.

3.5.2 Supply of Labour

Discuss the likely effects of changes in the level of migration on firms such as HCWs in the UK. Use a labour market diagram and the information provided to support your answer.

3.5.2 Supply of Labour

With reference to Extract C and your own knowledge, discuss policies businesses and government might implement to reduce labour immobility to benefit the energy sector.

3.5.2 Supply of Labour