AQA · 7136 / 7135

A Level Paper 2, Nov 2021

14questions
200marks
10topics

All 14 questions from the AQA A Level Paper 2, Nov 2021 Economics paper (7136 / 7135), worth 200 marks in total. The main topics tested are Fiscal policy (3), Exchange rate systems (2), Determinants of aggregate demand (2), Financial markets and assets (1).

Each question is summarised in our own words with its mark tariff, command word and specification point, and links through to the official paper.

Question paper → Mark scheme → Open in the searchable bank →

2 marksA Level · Paper 2 · Context 1

Work out the average yield on Greek government debt across the charted period.

4.2.4.1Financial markets and assetsUsing the dataWritten
4 marksA Level · Paper 2 · Context 1

Use chart data to show one country facing greater borrowing difficulties than another in a given year.

4.2.5.1Fiscal policyExplain howWritten
9 marksA Level · Paper 2 · Context 1

Diagram question on how cuts in state spending can cost jobs in private firms.

4.2.5.1Fiscal policyWith the help of a diagramWritten
25 marksA Level · Paper 2 · Context 1

Evaluate whether a growing stock of accumulated government borrowing harms a country.

4.2.5.1Fiscal policyUsing the dataWritten
2 marksA Level · Paper 2 · Context 2

Calculate the yearly change in South Korean consumer prices to the end of a stated year.

4.2.3.3Inflation and deflationUsing the dataWritten
4 marksA Level · Paper 2 · Context 2

Use chart data to explain why South Korea's monetary authority might lower borrowing costs again.

4.2.4.3Central banks and monetary policyExplain howWritten
9 marksA Level · Paper 2 · Context 2

Diagram question on how spending on research can raise an economy's long-term growth path.

4.2.2.6Long-run aggregate supplyWith the help of a diagramWritten
25 marksA Level · Paper 2 · Context 2

Evaluate measures that might lift South Korean overseas sales and widen its trade surplus.

4.2.6.3Balance of paymentsUsing the dataWritten
15 marksA Level · Paper 2 · Essay 1

Explain the steps authorities can take to stop their currency appreciating.

4.2.6.4Exchange rate systemsExplain howWritten
25 marksA Level · Paper 2 · Essay 1

Evaluate what a lasting appreciation of sterling means for prices and welfare in Britain.

4.2.6.4Exchange rate systemsEvaluateWritten
15 marksA Level · Paper 2 · Essay 2

Explain why household spending in an economy may be increasing.

4.2.2.3Determinants of aggregate demandExplainWritten
25 marksA Level · Paper 2 · Essay 2

Judge whether Britain gains when households put aside less of their income.

4.2.2.3Determinants of aggregate demandTo what extentWritten
15 marksA Level · Paper 2 · Essay 3

Explain what high street banks do within the wider economy.

4.2.4.2Commercial and investment banksExplainWritten
25 marksA Level · Paper 2 · Essay 3

Assess measures for smoothing out booms and slumps in Britain.

4.2.3.1Economic growth and the cycleAssessWritten

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