QUESTION PAPER 3
(MICROECONOMICS AND
MACROECONOMICS ) JUNE 2023.
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Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Monday 5 June 2023
Morning (Time: 2 hours)
Paper
reference 9EC0/03
Economics A ⬟ ⬟
Advanced
PAPER 3: Microeconomics and Macroeconomics
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
•• In Section A,B, answer
are two sections in this question paper.
In Section answer all questions 1(a) to 1(c) and one question from 1(d) or 1(e).
all questions 2(a) to 2(c) and one question from 2(d) or 2(e).
• 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
P72982A
©2023 Pearson Education Ltd.
N:1/1/1/1
,
, SECTION A
Read Figures 1 and 2 and the following extracts (A and B) before answering Question 1.
DO NOT WRITE IN THIS AREA
Answer ALL Questions 1(a) to 1(c), and EITHER Question 1(d) OR 1(e).
Write your answers in the spaces provided.
You are advised to spend 1 hour on this section.
Question 1
The UK economy
Figure 1: UK gas prices in pence per therm, August 2002 to August 2022
600
500
400
Pence
DO NOT WRITE IN THIS AREA
per 300
therm
200
100
0
Aug Aug Aug
2002 2012 2022
Figure 2: UK inflation, CPI, August 2002 to August 2022
10
9.9
8
6
DO NOT WRITE IN THIS AREA
(%)
4
2
0
–2
Aug Aug Aug
2002 2012 2022
2
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