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Economics 7136 Paper 1 June 2017, AQA A Level Past Papers with Mark Schemes

The exam evaluates concepts in microeconomics and market failure, including privatization, competition, and wage inequality. Section A explores the impacts of Royal Mail's privatization, focusing on monopoly regulation, Universal Postal Service obligations, and market innovation, alongside gender pay disparities, marginal revenue product, and policy interventions for wage equality. Section B offers essays on monopolistic competition, poverty, and market failures like sugary drink overconsumption. It examines price determination, poverty causes, market-based solutions, and taxation effectiveness in reducing unhealthy consumption. Emphasis is on diagrams, theoretical application, and evaluation of government policies addressing market inefficiencies and socio-economic challenges.
AQA A-Level Economics (7136) Jun 2017

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Classification: AQA Paper 1
Page count: 8
Viewed: 16
Last update: 4 months ago
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