1 mark
Q1 Pick out which listed situation counts as a market failure (housing bubble, regulation costs, a loss-making firm leaving, side effects).
Edexcel · 9EC0 / 8EC0 / WEC11–14
All 18 questions from the Edexcel International A Level Unit 1, May 2025 Economics paper (9EC0 / 8EC0 / WEC11–14), worth 100 marks in total. The main topics tested are Elasticity (3), Elasticity of supply (2), Externalities (2), Price determination (2).
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 → Examiner report → Open in the searchable bank →
Q1 Pick out which listed situation counts as a market failure (housing bubble, regulation costs, a loss-making firm leaving, side effects).
Q2 Deduce what raising Thailand's capped domestic air fare by 3.75% does to the shortage in that market.
Q3 Say why shoppers bought 6% fewer Procter & Gamble goods after its 2022 price rise of 10%.
Q4 Read off a vegan cheesecake demand diagram how sales revenue shifts when a slice goes from $3 to $4.
Q5 Classify Venezuela and Sweden from a 2023 chart splitting state and private shares of spending.
Q6 Work out what a 5% price rise does to sales, from PED figures for Lindt, Mars, Mondelez and Hershey bars.
Q10 Work out how responsive green coffee bean output was to the price change between February 2023 and February 2024.
Q11 Set out, with a labelled frontier sketch, what net inward migration of about a million people in 2023 does to US productive potential.
Q7 Sketch the spillover gains from the 1.3 million Filipinos who studied online in 2021.
Q8 Give one benefit of using specialist trades rather than generalists when building a house.
Q9 Distinguish substitute from complementary goods, using cross elasticity figures linking hot drink prices to biscuit and chilled drink sales.
Q12(a) Say what a public good is, as used of South Africa's coastal lighthouses in Extract A.
Q12(b) Analyse two reasons container freight rates climbed so steeply, with a market diagram, using Figure 1 and the Red Sea extract.
Q12(c) Contrast responsive with unresponsive supply, drawing on the extract about how long new container ships take to build.
Q12(d) Examine two spillover costs that container shipping imposes on third parties, using the environmental extract.
Q12(e) Discuss what could be gained from paying producers of ship wind sails a subsidy, with a market diagram.
Q13 Assess, with a market diagram, the micro gains from electric vehicle sales rising from 1.18m in 2017 to 13.8m in 2023.
Q14 Assess, with a market diagram, the micro gains from the plastic packaging levies the UK, Spain and Italy charge per tonne.
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