EDEXCEL A LEVEL ECONOMICS
A QUESTION PAPER 1 (MARKETS
AND BUSINESS BEHAVIOURS
)JUNE 2023.
, surname names
Number Number
Morning (Time: 2 hours) Paper
9EC0/01
A
Advanced
Marks
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
• There
centre number and candidate number.
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
• Calculators may be used.
– use this as a guide as to how much time to spend on each question.
Advice
•• Read each question carefully before you start to answer it.
Check your answers if you have time at the end.
Turn over
P72980A
©2023 Pearson Education Ltd.
N:1/1/1/1/1/1/1
,
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
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 In a major reform of its command economy, the Cuban government will allow small
private businesses to operate in most fields. Free market economists have long called
for the role of small business to be expanded to help jump-start the economy and to
create jobs.
(Source adapted from: https://www.telegraph.co.uk/news/2021/02/07/
cuba-allows-massive-expansion-private-businesses/)
(a) With reference to the information provided, explain one advantage of a free
market economy.
(4)
DO NOT WRITE IN THIS AREA
. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................
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2
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A QUESTION PAPER 1 (MARKETS
AND BUSINESS BEHAVIOURS
)JUNE 2023.
, surname names
Number Number
Morning (Time: 2 hours) Paper
9EC0/01
A
Advanced
Marks
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
• There
centre number and candidate number.
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
• Calculators may be used.
– use this as a guide as to how much time to spend on each question.
Advice
•• Read each question carefully before you start to answer it.
Check your answers if you have time at the end.
Turn over
P72980A
©2023 Pearson Education Ltd.
N:1/1/1/1/1/1/1
,
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
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 In a major reform of its command economy, the Cuban government will allow small
private businesses to operate in most fields. Free market economists have long called
for the role of small business to be expanded to help jump-start the economy and to
create jobs.
(Source adapted from: https://www.telegraph.co.uk/news/2021/02/07/
cuba-allows-massive-expansion-private-businesses/)
(a) With reference to the information provided, explain one advantage of a free
market economy.
(4)
DO NOT WRITE IN THIS AREA
. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. .. . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . ......................
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