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  • PEARSON (PEARSON)
  • Economics A
  • Unit 1 - Introduction to markets and market failure
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1.2 How Markets Work- A level Economics Edexcel Exam Questions

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2024/2025 Written for academic year
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PEARSON (PEARSON)
Course
Unit 1 - Introduction to markets and market failure
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Memorsing content can only take you so far, so use exam questions effectively to prepare yourself for the actual exam. This document will help you do so, it contains a mix of exam style questions with extract/sources just like the real exam. The marks are for AS level but you can just as easily use it in your A level since the content assessed will be the same, eg an AS 20 Marker is equivalent to an A level 25 Marker.

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UNIT ASSESSMENT




Edexcel A Level
Economics
Unit Assessment

1.2 How Markets
Work
(Edition 1)
h 1 hour
h The maximum mark for this unit assessment is 50




Name


Centre Name

, Edexcel A Level Economics (A)
Unit Assessment
1.2 How Markets Work

Section A
ANSWER ALL THE QUESTIONS

1a Define the term ‘normal good’.
(1 mark)




1b Provide one function of the price mechanism.
(1 mark)




Page 2 Edexcel A Level Economics Unit Assessment www.tutor2u.net/economics

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Study Level
A/AS Level
Subject
Economics A
Uploaded on
August 13, 2024
Number of pages
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Written in
2024/2025
Type
Exam (elaborations)
Contains
Only questions
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  • a level
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  • economics
  • edexcel
  • exam questions
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  • extract included
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