5 questions on Wage Determination (Edexcel specification 3.5.3) from the A-Level Economics papers, 2017–2024. Every question links to the official mark scheme at the page its answer begins on.
The question search could not load. Every question is still listed by topic below, and all the mark scheme links work.
Evaluate the microeconomic and macroeconomic factors that explain gender-based wage differences in the UK oil and gas industry.
One of two options in Section A — candidates answered this or the other.
Evaluate the microeconomic and macroeconomic effects of significant increases in the minimum wage. Refer to restaurants or other food delivery services in your answer.
One of two options in Section A — candidates answered this or the other.
The national living wage, the minimum wage for 25-year-olds and over, is expected to rise to more than £10.50 an hour in 2024 compared with £8.72 in 2020. The wage does not apply to the UK’s self-employed and ‘gig economy’ workers. Some economists said the increase was ambitious. Business groups warned that employers in sectors such as social care could be hit hard. In large parts of the north of England the living wage has already reached two-thirds of local median earnings, said Professor Shackleton. (Source adapted from: https://www.theguardian.com/uk-news/2020/mar/11/budget-2020-national-living-wage-national-insurance) Evaluate the disadvantages of a significant increase in the national living wage on a specific labour market, such as that for social care workers.
One of two options in Section C — candidates answered this or the other.
In July 2017 it was announced that only a third of the BBC’s 96 top earning presenters were women and that its seven highest-paid presenters were all men. According to the High Pay Centre, in 2018, UK chief executives can earn 120 times more than the average full-time worker earning £28 758. With reference to an industry of your choice, evaluate why wage differences exist within the UK labour market.
One of two options in Section C — candidates answered this or the other.
Discuss the likely impact of the National Living Wage on the profitability of firms. Use a cost and revenue diagram in your answer.
No questions match that search.
Try a broader term — for example monopoly, inflation, exchange rates, externalities or 25 marks.
Past papers show you the question — feedback shows you the marks. Send an essay for examiner-style marking, or work through the topics you keep losing marks on with a specialist tutor.