Exam (elaborations)
Edexcel A-Level Economics (A) 2024 Paper 2
Institution
PEARSON (PEARSON)
Edexcel A-Level Economics (A) 2024 Paper 2
[Show more]
Preview 4 out of 36 pages
Uploaded on
September 17, 2024
Number of pages
36
Written in
2024/2025
Type
Exam (elaborations)
Contains
Only questions
Study Level
A/AS Level
Examinator
PEARSON (PEARSON)
Subject
Economics A
Unit
The National and Global Economy
All documents for this subject (4)
$6.83
Also available in package deal from $11.62
Added
Add to cart
Add to wishlist
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
Also available in package deal (7)
Edexcel A-Level Economics (A) Paper 2 and Mark Scheme 2024
Edexcel A-Level Economics (A) 2024 Papers 1,2 and 3
1. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1
2. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2
3. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3
Show more
Edexcel A-Level Economics (A) Paper 1,2 and 3 WITH ALL Mark Schemes 2024
1. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1 mark scheme
2. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1
3. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2
4. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2 mark scheme
5. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3 mark scheme
6. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3
Show more
Edexcel AS Level Economics (A) Paper 1,2 and A-Level Economics (A) Papers 1,2 and 3 ALL WITH MARK SCHEMES 2024
1. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1 mark scheme
2. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1
3. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2
4. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2 mark scheme
5. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3 mark scheme
6. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3
7. Exam (elaborations) - Edexcel as level 2024 economics (a) paper 1 mark scheme
8. Exam (elaborations) - Edexcel as level 2024 economics (a) paper 1
9. Exam (elaborations) - Edexcel as level 2024 economics (a) paper 2 mark scheme
10. Exam (elaborations) - Edexcel as level 2024 economics (a) paper 2
Show more
Edexcel AS Level Economics (A) Paper 1,2 and A-Level Economics (A) Papers 1,2 and 3 2024
1. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1
2. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2
3. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3
4. Exam (elaborations) - Edexcel as level 2024 economics (a) paper 1
5. Exam (elaborations) - Edexcel as level 2024 economics (a) paper 2
Show more
Edexcel AS Level Mathematics AND Edexcel A-Level Economics (A) 2024 ALL PAPERS AND MARK SCHEMES
1. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1 mark scheme
2. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1
3. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2
4. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2 mark scheme
5. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3 mark scheme
6. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3
7. Exam (elaborations) - Edexcel as level pure mathematics paper 1 2024
8. Exam (elaborations) - Edexcel as level pure mathematics paper 1 mark scheme 2024
9. Exam (elaborations) - Edexcel as level statistics paper 2024
10. Exam (elaborations) - Edexcel as level statistics mark scheme 2024
11. Exam (elaborations) - Edexcel as level mechanics mark scheme 2024
12. Exam (elaborations) - Edexcel as level mechanics paper 2024
Show more
Edexcel A-Level Mathematics AND Edexcel A-Level Economics (A) 2024 ALL PAPERS AND MARK SCHEMES
1. Other - Edexcel a-level pure mathematics 2024 paper 1
2. Exam (elaborations) - Edexcel a-level mechanics mark scheme 2024
3. Exam (elaborations) - Edexcel a-level statistics mark scheme 2024
4. Exam (elaborations) - Edexcel a-level mechanics paper 2024
5. Exam (elaborations) - Edexcel a-level pure mathematics paper 2 2024
6. Exam (elaborations) - Edexcel a-level pure mathematics paper 2 mark scheme 2024
7. Exam (elaborations) - Edexcel a-level pure mathematics 2024 paper 1 mark scheme
8. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1 mark scheme
9. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 1
10. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2
11. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 2 mark scheme
12. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3 mark scheme
13. Exam (elaborations) - Edexcel a-level economics (a) 2024 paper 3
14. Exam (elaborations) - Edexcel a-level statistics paper 2024
Show more
Please check the examination details below before entering your candidate information
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Monday 20 May 2024
Afternoon (Time: 2 hours) Paper
reference 9EC0/02
Economics A
Advanced
PAPER 2: The National and Global Economy
You do not need any other materials. Total Marks
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
centre number and candidate number.
• There are three sections in this question paper. Answer all questions
from Section A and Section B. Answer one question from Section C.
• Answer the questions in the spaces provided
– there may be more space than you need.
Information
•• The total mark for this paper is 100.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
• Calculators may be used.
Advice
•• Read each question carefully before you start to answer it.
Check your answers if you have time at the end.
Turn over
P74000A
©2024 Pearson Education Ltd.
F:1/1/1/1/1/1/1/1
*P74000A0136*
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Some questions must be answered with a cross in a box . If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross .
You are advised to spend 30 minutes on this section.
Use the data to support your answers where relevant. You may annotate and
include diagrams in your answers.
1 UK household savings as a percentage of household disposable income,
quarter 1 (Q1) 2015 to quarter 3 (Q3) 2021
25
%
20
15
10
5
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2015 2016 2017 2018 2019 2020 2021
(Source: https://www.ons.gov.uk/economy/grossdomesticproductgdp/timeseries/dgd8/ukea)
(a) With reference to the chart above, which one of the following is correct?
(1)
UK household savings as a percentage of household disposable income:
A fell in 2015
B fell throughout the time period shown
C were the highest in Q1 2017
D were the highest in Q2 2020
2
*P74000A0236*
, (b) In Q4 of 2015 average household disposable income was £26 300.
Calculate the total amount of money saved by the average household in Q4
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
of 2015.
(2)
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
(c) Explain one likely reason for the change in total household savings from Q1 2020
to Q2 2020.
(2)
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
(Total for Question 1 = 5 marks)
3
*P74000A0336* Turn over
, 2 Investment in the European Union, percentage of GDP, January 2019 to October 2021
25
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
% 24.2
24
23.4 23.5
23.3
23 22.7 22.8
22.2 22.4 22.5
22
22
21.4
20.8
21
20
0
January April July October January April July October January April July October
2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021
(Source: adapted from https://www.ceicdata.com/en/indicator/
european-union/investment--nominal-gdp)
(a) Which one of the following is the percentage point fall in investment between
April 2020 and July 2020?
(1)
A 0.1
B 0.6
C 2.1
D 8.9
4
*P74000A0436*