ECONOMICS
Paper 2 How the Economy Works Merged with mark scheme
Please write clearly in block capitals.
Candidate number
Centre number
Surname
Forename(s)
Candidate signature
I declare this is my own work.
GCSE
ECONOMICS
Paper 2 How the Economy Works
Thursday 22 May 2025 Afternoon Time allowed: 1 hour 45 minutes
Materials For Examiner’s Use
You may use a calculator.
Section Mark
Instructions
A
• Use black ink or black ball-point pen. Draw diagrams in pencil.
• Fill in the boxes at the top of this page. B
• Answer all questions.
• You must answer the questions in the spaces provided. Do not write on TOTAL
blank pages.
• If you need extra space for your answer(s), use the lined pages at the end of this book. Write the
question number against your answer(s).
• Do all rough work in this book. Cross through any work you do not want to be marked.
Information
• The marks for questions are shown in brackets.
• The maximum mark for this paper is 80.
, 2
Do not write
• Questions should be answered in continuous prose. You will be assessed on your ability to:
– use good English
– organise information clearly
– use specialist vocabulary where appropriate.
*Jun258136201* 8136/2
IB/H/Jun25/G4002/E7
IB/H/Jun25/8136/2
,3
Do not
write
outside the
box
Turn over ►
IB/H/Jun25/8136/2
, 4
Do not write
*02*
Table 1 shows the unemployment rate in an economy between 2020 and 2024. Table
0 2 1
Year Unemployment rate (%)
2020 6.2
2021 5.9
2022 4.5
2023 4.9
2024 5.1
Using Table 1, the average (mean) unemployment rate over this period to one decimal
place is:
[1 mark]
A 5.1%
B 5.2%
C 5.3%
D 5.4%
IB/H/Jun25/8136/2