1 mark
Q1(a) Multiple choice picking the example of seasonal unemployment.
Edexcel · 4EC1
All 23 questions from the Edexcel iGCSE Paper 2R, June 2025 Economics paper (4EC1), worth 80 marks in total. The main topics tested are Inflation (2), Balance of payments (2), Exchange rates (2), Taxation (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 seasonal unemployment.
Q1(b) Multiple choice on what causes cost-push inflation.
Q1(c) Give the meaning of a current account deficit.
Q1(d) Say how a country gains from putting quotas on imports.
Q1(e) Convert a GBP750 smartphone into euros at GBP1 = EUR1.18.
Q1(f) Diagram question: a tariff on Chinese coal - show the effect on equilibrium price and quantity.
Q1(g) Give one environmental gain from pollution permits - the UK case (context: permits for airlines).
Q1(h) Data response: why GDP measures growth usefully - India (7.2% in 2023).
Q2(a) Multiple choice on how the share of income paid in tax behaves under a progressive system.
Q2(b) Multiple choice on what a depreciation does to exports and imports.
Q2(c) Name a trade-off that comes with inflation.
Q2(d) Give the meaning of a direct tax.
Q2(e) Give one downside of handing school meals in North Tyneside to a private provider.
Q2(f) Diagram question: fill in the three stages of the economic cycle missing from the diagram.
Q2(g) Data response: the environmental case for subsidising solar-powered stoves in Rwanda (context: a $17m scheme reaching 500 000+ households).
Q3(a) Multiple choice on what comes with trading bloc membership.
Q3(b) Multiple choice working the visible trade balance in $bn from the trade data given.
Q3(c) Give one drawback of running a fiscal deficit - the US case (context: a rise from $1.6tn to $2.6tn).
Q3(d) Data response: how rising inflation drives shoe leather costs for UK consumers (context: CPI up from 3.9% to 4%).
Q3(e) Data response: how far monetary policy can bring unemployment down - France case (context: 7.2% unemployment and a 4.5% ECB rate).
Q4(a) Work out to 2 d.p. what share of Ghana's population worked on small cocoa farms in 2024.
Q4(b) Data response: how road infrastructure spending benefits - Ghana case (context: a $50m highway linking central and northern regions).
Q4(c) Data response: weigh up what globalisation does for Ghana's cocoa farmers (context: farmers on $2 a day against 16% profit growth for chocolate manufacturers).
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