2025 Pearson Edexcel GCE AS Level In Economics A (8EC0) Paper 2 The Uk economy – Performance and policies ACTUAL QUESTION PAPER AND MARKING SCHEME (MERGED)

surname names


Number Number




Morning (Time: 1 hour 30 minutes) Paper
� �


Advanced Subsidiary A
PAPER 2: The UK Economy – Performance and Policies




Instructions

• Use black ink or ball-point pen.
centre number and candidate number.
There are two sections in this question paper.

• InneedSection
.
B, answer all of questions 6(a) to 6(e) and one question from 6(f) or 6(g). – there maybe more space than you


Information

• The total mark for this paper is 80.
– 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.

Turn over

, BLANK PAGE

QUESTION 1 BEGINS ON THE NEXT PAGE

, SECTION A

Answer ALL questions. Write your answers in the spaces provided.

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 25 minutes on this section.

Use the data to support your answers where relevant. You may annotate and
include diagrams in your answers.

1 Between January 2020 and December 2020, the rate of unemployment in the UK increased from 3.9% to 5.2%. This
was as a result of the UK economy experiencing a recession.

(a) Which one of the following best describes this cause of unemployment?
(1)
A Cyclical

B Frictional

C Seasonal

D Structural


(b) With reference to the information above, explain one possible effect of the increase in the rate of
unemployment on the UK government budget.
(3)

... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. . . .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. . . .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . . .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. . . .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. . . .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . . .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................




... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. . . . ......................



(Total for Question 1 = 4 marks)

, 2 The table shows average UK house prices between January 2023 and March 2023.


Month and year Average house price (£)

January 2023 286321

February 2023 284152

March 2023 281555

(Source: adapted from https://landregistry.data.gov.uk/)


(a) Which one of the following can be deduced from the table?


A Between January 2023 and February 2023, average UK house prices fell by £2 597 (1)
B The average UK house price in March 2023 is 16.65% higher than in January 2023

C The index number of average UK house prices for March 2023 is 100

D The ratio of the average UK house price in February 2023 to the average UK house price in
March 2023 is 1: 0.99