Edexcel · 9EC0 / 8EC0 / WEC11–14

Price determination

45questions
289marks
28series
2016–2025years

Price determination comes up in 45 questions across the Edexcel A Level, AS and International A Level past papers (9EC0 / 8EC0 / WEC11–14), worth 289 marks between them. They run from 2016 to 2025 and appear on A Level Paper 1, AS Level Paper 1, International A Level Unit 1.

Tariffs run from 1 to 20 marks. The commonest instructions are Analyse (19), Explain (6), Draw/Diagram (5). Specification points covered: 1.2.6, 1.3.4.1.

Open these in the searchable bank →

June 2025 1 question

3 marksAS Level · Paper 1 · Section A

Q4(b) Explain the way market forces work to remove a surplus of coffee.

1.2.6Price determinationExplainShort answer

May 2025 2 questions

6 marksInternational A Level · Unit 1 · Section C

Q12(b) Analyse two reasons container freight rates climbed so steeply, with a market diagram, using Figure 1 and the Red Sea extract.

1.3.4.1Price determinationAnalyseData response essay
20 marksInternational A Level · Unit 1 · Section D

Q13 Assess, with a market diagram, the micro gains from electric vehicle sales rising from 1.18m in 2017 to 13.8m in 2023.

1.3.4.1Price determinationEvaluateEssay (choice)

Jan 2025 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(b) Analyse one supply and one demand cause of cocoa's roughly 68% price jump to 2023, with a diagram.

1.3.4.1Price determinationAnalyseData response essay

Oct 2024 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(b) Analyse one demand-side and one supply-side reason the uranium price more than doubled from 2020 to 2023, with a diagram.

1.3.4.1Price determinationAnalyseData response essay

June 2024 2 questions

2 marksAS Level · Paper 1 · Section A

Q2(c) On a demand and supply diagram, show what the cyclone does to vanilla bean prices, Madagascar being 75–80% of world supply.

1.2.6Price determinationDraw/DiagramShort answer
5 marksA Level · Paper 1 · Section B

Q6(a) Explain, using Extract A plus a supply and demand diagram, why electronic device prices moved as chip prices climbed past $1 from $0.20.

1.2.6Price determinationExplainData response essay

May 2024 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(b) Supported by a diagram, analyse two influences that drove world rice prices upward between July 2022 and July 2023.

1.3.4.1Price determinationAnalyseData response essay

Jan 2024 2 questions

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse one demand and one supply cause of the 147% jump in world chicken prices, with a diagram.

1.3.4.1Price determinationAnalyseData response essay
20 marksInternational A Level · Unit 1 · Section D

Q13 Evaluate the microeconomic consequences of natural disasters becoming more frequent, with a diagram.

1.3.4.1Price determinationEvaluateEssay (choice)

Oct 2023 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse one demand cause and one supply cause of the world fertiliser price rise from early 2021 to spring 2022, with a diagram.

1.3.4.1Price determinationAnalyseData response essay

June 2023 2 questions

1 markAS Level · Paper 1 · Section A

Q1(c) State what is meant by an equilibrium price (short definition).

1.2.6Price determinationDefineShort answer
15 marksAS Level · Paper 1 · Section B

Q6(e) Discuss why streaming television has been getting dearer, supporting the answer with a demand and supply diagram.

1.2.6Price determinationDiscussData response essay

May 2023 2 questions

6 marksInternational A Level · Unit 1 · Section C

Q12(c) With a supply and demand diagram, analyse two forces behind lithium's steep price increase up to October 2022.

1.3.4.1Price determinationAnalyseData response essay
4 marksInternational A Level · Unit 1 · Section B

Q7 Draw a diagram showing how a Spanish heatwave cutting olive output affects the global olive market.

1.3.4.1Price determinationDraw/DiagramShort answer

Jan 2023 2 questions

6 marksInternational A Level · Unit 1 · Section C

Q12(b) Using Extract A's opening paragraph and a demand-and-supply sketch, analyse two forces that lifted house prices over the year from March 2020.

1.3.4.1Price determinationAnalyseData response essay
20 marksInternational A Level · Unit 1 · Section D

Q14 Assess how fertiliser costs quadrupling would hit farmers and households, including one diagram covering the effect on farmers.

1.3.4.1Price determinationEvaluateEssay (choice)

Oct 2022 2 questions

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse, using Extract A, two causes of the average 20% jump in semiconductor prices; supply and demand diagram required.

1.3.4.1Price determinationAnalyseData response essay
8 marksInternational A Level · Unit 1 · Section C

Q12(d) Examine two probable consequences for car manufacturers of excess demand in semiconductors, drawing on Extract B and Figure 1.

1.3.4.1Price determinationExamineData response essay

June 2022 2 questions

4 marksA Level · Paper 1 · Section A

Q1(b) Sketch demand and supply for Disney+ services, showing how the shift in subscriber numbers moves that market's equilibrium.

1.2.6Price determinationDraw/DiagramShort answer
5 marksAS Level · Paper 1 · Section B

Q6(a) Explain what the 2020 Total Allowable Catches would do to cod prices, supported by a demand and supply diagram.

1.2.6Price determinationExplainData response essay

May 2022 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse two drivers of copper's sharp world price rise from May to December 2020, using Figure 1, Extract A and a demand-and-supply diagram.

1.3.4.1Price determinationAnalyseData response essay

Jan 2022 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Examine two forces pushing the world cotton price up between 1 April 2020 and 1 January 2021, using the supply and demand diagram alongside Figure 1 and Extract A.

1.3.4.1Price determinationAnalyseData response essay

Nov 2021 2 questions

4 marksA Level · Paper 1 · Section A

Q2(a) Using the data given, show on a demand and supply diagram why cobalt cheapened over the year to June 2019 (context: China trimming EV subsidies, new small DRC mines).

1.2.6Price determinationDraw/DiagramShort answer
1 markA Level · Paper 1 · Section A

Q2(b) Read off the cobalt price graph and state the percentage drop recorded from June 2018 to June 2019.

1.2.6Price determinationCalculate (MCQ)Multiple choice

Oct 2021 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(b) Taking Figure 1 with Extract A, analyse why rubber's world price slid from $1.67 to $1.35 per kg across January to May 2020; support this with a supply and demand diagram.

1.3.4.1Price determinationAnalyseData response essay

May 2021 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Give two reasons why world sugar prices slid in the twelve months to August 2018, with Figure 1, Extract A and a demand-and-supply diagram.

1.3.4.1Price determinationAnalyseData response essay

Jan 2021 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Drawing on Figure 1 and Extract A, analyse the drop in world oil prices during early 2020; include a supply and demand diagram.

1.3.4.1Price determinationAnalyseData response essay

Oct 2020 3 questions

15 marksAS Level · Paper 1 · Section B

Q6(e) Discuss the gains from letting universities set higher fees on certain degree courses, using Figure 1 and Extract A.

1.2.6Price determinationDiscussData response essay
2 marksInternational A Level · Unit 1 · Section C

Q12(a) State what 'equilibrium' means, as Extract A uses the word.

1.3.4.1Price determinationDefineData response essay
6 marksInternational A Level · Unit 1 · Section C

Q12(c) Account for the 2018 fall in palm oil prices in two ways, drawing on the data and a supply and demand diagram.

1.3.4.1Price determinationAnalyseData response essay

Jan 2020 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse the sharp rise in vanilla prices across 2014 to 2018, citing Figure 2 and Extract A, and include a supply and demand diagram.

1.3.4.1Price determinationAnalyseData response essay

Oct 2019 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse, using a demand and supply diagram, one cause of the sharp 2017 fall in plastic waste prices after China's import ban.

1.3.4.1Price determinationAnalyseData response essay

June 2019 2 questions

4 marksA Level · Paper 1 · Section A

Q2(a) Show, on a demand/supply diagram, how Hurricane Harvey affected the US oil market at micro level once almost a quarter of production capacity shut.

1.2.6Price determinationDraw/DiagramShort answer
15 marksAS Level · Paper 1 · Section B

Q6(e) Discuss what is pushing up the cost of treatment in private hospitals, with a supply and demand diagram.

1.2.6Price determinationDiscussData response essay

May 2019 1 question

6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse one cause of lamb becoming dearer through 2017, citing Figure 2 and Extract A, and include a supply and demand diagram.

1.3.4.1Price determinationAnalyseData response essay

Jan 2019 2 questions

4 marksInternational A Level · Unit 1 · Section B

Q10 Using a table of quantity demanded and supplied of bottled water at each price, calculate the new equilibrium price after an advertising campaign raises demand by 100 bottles at every price, showing workings.

1.3.4.1Price determinationCalculateShort answer
6 marksInternational A Level · Unit 1 · Section C

Q12(c) Analyse one cause of cocoa beans dropping under $2 000 a tonne by April 2017, using Figure 1 and Extract A, with a supply and demand diagram.

1.3.4.1Price determinationAnalyseData response essay

June 2018 5 questions

2 marksA Level · Paper 1 · Section A

Q3(a) An estate agent charges 1.3% to sell a house; calculate the fee it collects on a £489 000 sale.

1.2.6Price determinationCalculateShort answer
1 markA Level · Paper 1 · Section A

Q3(b) Given average house prices of £489 000 in London and £127 000 in the North East, identify the ratio of the two.

1.2.6Price determinationCalculate (MCQ)Multiple choice
2 marksA Level · Paper 1 · Section A

Q3(c) Set out one reason average house prices might differ so much between London and England's North East.

1.2.6Price determinationExplainShort answer
5 marksA Level · Paper 1 · Section B

Q6(a) Using Figure 1, explain one cause of the broad direction taken by real gas and electricity prices.

1.2.6Price determinationExplainData response essay
5 marksAS Level · Paper 1 · Section B

Q6(a) Using Figure 1 and Extract A, account for uranium hitting a 13-year low price in 2016, with a supply and demand diagram.

1.2.6Price determinationExplainData response essay

June 2017 1 question

4 marksA Level · Paper 1 · Section A

Q1(a) From the e-cigarette kit schedule, work out where price and quantity settle once demand gains 3 000 units and supply gains 1 000 units at every price.

1.2.6Price determinationCalculateShort answer

June 2016 1 question

4 marksAS Level · Paper 1 · Section B

Q6(d) From Figure 2, calculate the percentage move in house prices from the opening quarter of 2009 to the opening quarter of 2015.

1.2.6Price determinationCalculateData response essay

Related topics

About this page. Each question is described in our own words — a short summary of what it asks, never the examiner’s wording. No exam paper text, extract, figure or table is reproduced. The links go to the awarding body’s own question paper, mark scheme and examiner report, published free by Pearson and AQA. Specification codes and topic labels are our own classification.

Built and checked by an experienced economics tutor. Not a Pearson or AQA service and not endorsed by either board. © The Economics Tutor · theeconomicstutor.co.uk