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The economic problem: Edexcel A‑Level Economics A questions

Every Edexcel A-Level Economics A exam question on 1.1.3 The economic problem, 2016–2025, with its mark scheme and examiner’s report.

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784 questions

  1. Q1(a)

    June 2025 · AS Paper 1

    1 mark1.1.3 The economic problem
    The whole paper ↗
    June 2025 AS Paper 1, question 1(a): Spending on capital goods in the UK rose by 4.8% in Quarter 4, 2022. Which one of the following is an example of a capital good? (1) A A computer B Savings in t

  2. Q1(b)

    June 2025 · AS Paper 1

    3 marks1.1.3 The economic problem
    The whole paper ↗
    June 2025 AS Paper 1, question 1(b): Using an example from your own knowledge, explain the distinction between renewable and non-renewable resources. (3)

  3. Q1(a)

    June 2024 · AS Paper 1

    3 marks1.1.3 The economic problem
    The whole paper ↗
    June 2024 AS Paper 1, question 1(a): With reference to the information provided, explain the distinction between renewable and non‑renewable resources. (3) 1 Scarcity of non‑renewable resources, su

  4. Q1(b)

    June 2024 · AS Paper 1

    1 mark1.1.3 The economic problem
    The whole paper ↗
    June 2024 AS Paper 1, question 1(b): Which one of the following best describes ‘scarcity’? (1) A An extension of the demand curve B Excess supply C Insufficient resources to satisfy wants D The mis

  5. Q4(b)

    June 2024 · AS Paper 1

    3 marks1.1.3 The economic problem
    The whole paper ↗
    June 2024 AS Paper 1, question 4(b): With reference to the information above, explain what is meant by ‘opportunity cost’. (3) 4 Statement 1 Finland has schools with an average class size of 19.6 S

  6. Q3(b)

    October 2020 · AS Paper 1

    3 marks1.1.3 The economic problem
    The whole paper ↗
    October 2020 AS Paper 1, question 3(b): Explain an opportunity cost to the government of granting subsidies to energy suppliers to install loft insulation. (3) 3 The ‘Energy Company Obligation’ is the

  7. Q2(a)

    June 2019 · Paper 3

    5 marks1.1.3 The economic problem4.3.2 Factors influencing growth and development
    The whole paper ↗
    June 2019 Paper 3, question 2(a): With reference to Extract D line 21, explain why ‘opportunity cost’ is a problem for governments of developing countries when servicing debt. (5) Read Figures 2

  8. Q6(a)

    June 2019 · AS Paper 1

    5 marks1.1.3 The economic problem
    The whole paper ↗
    June 2019 AS Paper 1, question 6(a): With reference to Extract A and Figure 2, explain how the health care market in the UK illustrates the economic problem. (5) Read Figure 1 and 2 and the followi

  9. Q6(d)

    June 2018 · AS Paper 1

    4 marks1.1.3 The economic problem
    The whole paper ↗
    June 2018 AS Paper 1, question 6(d): Using examples from the information provided, explain what is meant by renewable and non-renewable energy. (4) Read Figure 1 and the following extracts (A to C)
All 9 questions on The economic problem, as a list
  1. June 2025, AS Paper 1, Q1(a) (1 mark): Spending on capital goods in the UK rose by 4.8% in Quarter 4, 2022. Which one of the following is an example of a capital good? (1) A A computer B Savings in t
  2. June 2025, AS Paper 1, Q1(b) (3 marks): Using an example from your own knowledge, explain the distinction between renewable and non-renewable resources. (3)
  3. June 2024, AS Paper 1, Q1(a) (3 marks): With reference to the information provided, explain the distinction between renewable and non‑renewable resources. (3) 1 Scarcity of non‑renewable resources, su
  4. June 2024, AS Paper 1, Q1(b) (1 mark): Which one of the following best describes ‘scarcity’? (1) A An extension of the demand curve B Excess supply C Insufficient resources to satisfy wants D The mis
  5. June 2024, AS Paper 1, Q4(b) (3 marks): With reference to the information above, explain what is meant by ‘opportunity cost’. (3) 4 Statement 1 Finland has schools with an average class size of 19.6 S
  6. October 2020, AS Paper 1, Q3(b) (3 marks): Explain an opportunity cost to the government of granting subsidies to energy suppliers to install loft insulation. (3) 3 The ‘Energy Company Obligation’ is the
  7. June 2019, Paper 3, Q2(a) (5 marks): With reference to Extract D line 21, explain why ‘opportunity cost’ is a problem for governments of developing countries when servicing debt. (5) Read Figures 2
  8. June 2019, AS Paper 1, Q6(a) (5 marks): With reference to Extract A and Figure 2, explain how the health care market in the UK illustrates the economic problem. (5) Read Figure 1 and 2 and the followi
  9. June 2018, AS Paper 1, Q6(d) (4 marks): Using examples from the information provided, explain what is meant by renewable and non-renewable energy. (4) Read Figure 1 and the following extracts (A to C)

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