Past Papers
Multimedia
Forum
QuizHub
Tutorial
School

Economics (A) 8EC0/01 May June 2020 | Edexcel AS Level Past Papers With Mark Scheme

1. Free Market Economy and Price Mechanism – Explanation of how a free market allocates resources efficiently using price signals.

2. Price Elasticity of Demand and Business Strategies – Analysis of how firms reduce price elasticity to maintain stable revenue.

3. Subsidies and Opportunity Costs – Evaluation of the trade-offs governments face when providing subsidies, such as in the energy sector.

4. Government Intervention and Specific Taxes – Discussion on why governments impose taxes on goods with negative externalities like cigarettes.

5. Public Transport Demand and Policy Effects – Assessment of how government policies, such as fuel tax reductions or subsidies, impact demand for public transport.

6. Higher Education Market and Student Debt – Examination of the effects of tuition fees, debt accumulation, and student drop-out rates on economic efficiency.

omer uner

Classification: Edexcel Paper 1
Page count: 36
Viewed: 14
Last update: 2 months ago
Crash report
Create Quiz

Related paper

Releated questions

Related Past Papers