1 mark
Q1(a) Multiple choice picking the example of cyclical unemployment.
Edexcel · 4EC1
All 23 questions from the Edexcel iGCSE Paper 2R, June 2022 Economics paper (4EC1), worth 80 marks in total. The main topics tested are Inflation (4), Exchange rates (2), International trade (2), Poverty (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(a) Multiple choice picking the example of cyclical unemployment.
Q1(b) Multiple choice naming a government-driven fall in the exchange rate.
Q1(c) Give the meaning of exports.
Q1(d) Set out how education bears on inequality and poverty.
Q1(e) Work out the inflation between 2015 and 2019 from the index figures.
Q1(f) Diagram question: show what a subsidy does to the price and quantity of renewable energy.
Q1(g) Give the likely effect of a UK interest rate cut on sterling.
Q1(h) Data response: the downsides of free trade for domestic firms inside a free trade area.
Q2(a) Multiple choice naming the concept of gaining one thing at the cost of another.
Q2(b) Multiple choice on what a central bank does.
Q2(c) Name a type of inflation.
Q2(d) Give the meaning of a fiscal surplus.
Q2(e) Give one drawback of deregulation - Indonesia case.
Q2(f) Diagram question: fill in the three stages of the economic cycle missing from the diagram.
Q2(g) Data response: does infrastructure spending cut Canadian unemployment?
Q3(a) Multiple choice describing shoe leather costs.
Q3(b) Multiple choice on what could produce a current account surplus.
Q3(c) Give one reason Kazakhstan put quotas on wheat and flour imports.
Q3(d) Data response: deflation and Singaporean consumer confidence.
Q3(e) Data response: benefit payments as a way of redistributing UK income.
Q4(a) Work out to 2 d.p. the percentage rise in GDP per head between 2018 and 2019.
Q4(b) Data response: what falling unemployment does to tax revenues - Vietnam case.
Q4(c) Data response: weigh up fuel taxes as environmental protection - Vietnam case.
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