Economics (A) 9EC0/01 November 2021 | Edexcel A Level Past Papers With Mark Scheme

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Edexcel
A Level
Economics A (9EC0)

1. Positive vs normative statements, migration, wage level changes, labour supply, economic impact of emigration
2. Cobalt market, supply shift, price fall, Chinese subsidies, DRC production, profit expectations, market forces
3. Price discrimination, River Island discounts, student pricing, marginal revenue and cost, market segmentation, firm behavior
4. Theatre revenue calculation, government subsidy, cost coverage, production efficiency, ticket pricing, allocative efficiency
5. Perfect competition, lemon market, normal profit, allocative/productive efficiency, short-run losses, market equilibrium
6. Principal-agent problem, Thomas Cook collapse, emissions reduction, social optimum, market failure, government subsidy

Edexcel A Level Economics A (9EC0) Nov 2021

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Classification: Edexcel Paper 1

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Economics (A) 9EC0/01 November 2021 | Edexcel A Level Past Papers With Mark Scheme

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