Oxford Cambridge and RSA
Thursday 22 May 2025 – Afternoon
GCSE (9–1) Economics
J205/02 National and International Economics
Time allowed: 1 hour 30 minutes
You can use:
*1859511602*
• a scientific or graphical calculator
• an HB pencil
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
OCR OXFORD CAMBRIDGE AND RSA GCSE ECONOMICS J205/02
NATIONAL AND INTERNATIONAL ECONOMICS QUESTIONS MAY 2025
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra space use
the lined pages at the end of this booklet. The question numbers must be clearly shown.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 80.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document has 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025 [603/0143/0] OCR is an exempt Charity
DC (DE/CT) 345085/2 Turn over
for more: tyrionpapers.com
, 2
Section A
Write your answer to each question in the box provided.
1 A government increases its budget deficit.
What is the most likely cost of this decision?
An increase in:
A debt interest
B exports
C government spending
D unemployment
Your answer [1]
2 The claimant count:
A cannot be used to measure the rate of unemployment
B includes people receiving jobseeker’s allowance
C measures the different causes of unemployment
D uses the CPI to measure the level of unemployment
Your answer [1]
3 What is the most likely cause of structural unemployment?
A Different jobs are available in the summer
B High levels of occupational immobility
C Increased migration into the country
D The closure of some discount food stores
Your answer [1]
© OCR 2025
for more: tyrionpapers.com
, 3
4 How might an increase in interest rates affect the economy?
A Decrease unemployment
B Improve price stability
C Increase economic growth
D Increase inflation
Your answer [1]
5 A consumer is planning a holiday.
They found a villa that cost €3480 when the exchange rate was £1 = €1.20.
By the time they booked the villa the exchange rate had changed to £1 = €1.16. What
happened to the Sterling price of the villa for the consumer?
A Decreased by £400
B Decreased by £139.20
C Increased by £100
D Remained unchanged
Your answer [1]
6 What is the most likely cost of globalisation for consumers in developed countries?
A Dominant global brands
B Higher prices
C Increased immigration
D Lower prices
Your answer [1]
© OCR 2025 Turn over
for more: tyrionpapers.com
Thursday 22 May 2025 – Afternoon
GCSE (9–1) Economics
J205/02 National and International Economics
Time allowed: 1 hour 30 minutes
You can use:
*1859511602*
• a scientific or graphical calculator
• an HB pencil
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
OCR OXFORD CAMBRIDGE AND RSA GCSE ECONOMICS J205/02
NATIONAL AND INTERNATIONAL ECONOMICS QUESTIONS MAY 2025
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra space use
the lined pages at the end of this booklet. The question numbers must be clearly shown.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 80.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document has 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025 [603/0143/0] OCR is an exempt Charity
DC (DE/CT) 345085/2 Turn over
for more: tyrionpapers.com
, 2
Section A
Write your answer to each question in the box provided.
1 A government increases its budget deficit.
What is the most likely cost of this decision?
An increase in:
A debt interest
B exports
C government spending
D unemployment
Your answer [1]
2 The claimant count:
A cannot be used to measure the rate of unemployment
B includes people receiving jobseeker’s allowance
C measures the different causes of unemployment
D uses the CPI to measure the level of unemployment
Your answer [1]
3 What is the most likely cause of structural unemployment?
A Different jobs are available in the summer
B High levels of occupational immobility
C Increased migration into the country
D The closure of some discount food stores
Your answer [1]
© OCR 2025
for more: tyrionpapers.com
, 3
4 How might an increase in interest rates affect the economy?
A Decrease unemployment
B Improve price stability
C Increase economic growth
D Increase inflation
Your answer [1]
5 A consumer is planning a holiday.
They found a villa that cost €3480 when the exchange rate was £1 = €1.20.
By the time they booked the villa the exchange rate had changed to £1 = €1.16. What
happened to the Sterling price of the villa for the consumer?
A Decreased by £400
B Decreased by £139.20
C Increased by £100
D Remained unchanged
Your answer [1]
6 What is the most likely cost of globalisation for consumers in developed countries?
A Dominant global brands
B Higher prices
C Increased immigration
D Lower prices
Your answer [1]
© OCR 2025 Turn over
for more: tyrionpapers.com
