Economics (A) 8EC0/01 May June 2018 | Edexcel AS Level Past Papers With Mark Scheme

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1. Normative and Positive Statements in Economics – Identification of economic statements as normative or positive using real-world policy examples.

2. Price Elasticity of Demand for Newspapers – Calculation of price elasticity based on sales data for the Daily Mail and factors influencing consumer demand.

3. Functions of the Price Mechanism in Markets – Analysis of how price signals guide dentists in providing private or NHS treatment.

4. Income Changes and Demand for Public Transport – Explanation of whether bus travel is a normal or inferior good based on household income shifts.

5. Consumer Surplus and Public Broadcasting – Assessment of how the BBC’s licence fee pricing affects consumer surplus in media consumption.

6. Government Intervention in Energy Markets – Evaluation of the microeconomic impact of maximum price controls on energy supply and demand.

Edexcel AS Level Economics A (8EC0) Jun 2018

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Classification: Edexcel Paper 1

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Economics (A) 8EC0/01 May June 2018 | Edexcel AS Level Past Papers With Mark Scheme

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