Oxford Cambridge and RSA - 2025
Thursday 5 June 2025 – Morning
A Level Economics
H460/03 Themes in economics
Time allowed: 2 hours
(Verified Question Paper With Mark
Scheme Combined June 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 28 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025
OCR is an exempt
[601/4799/4] DC
Charity Turn over
(DE/FC) 345028/5
, 2
Section A
Write your answer to each question in the box provided.
1 Which point on the diagram represents productive efficiency for the firm?
Costs
/ es
reven MC
u
AC
AR
O Q1 Q2 Q3 Q4 Quantity
MR
A Q1
B Q2
C Q3
D Q4
Your answer [1]
2 In the diagram what represents the opportunity cost of increasing production of
wheat from W1 to W2?
Corn
C1
C
2
C3
O C C2 to C3
D W2 to W3
A C1 to C2
B C1 to C3
© OCR
2025
, 3
W1 W2 Wheat
W3
Your answer [1]
© OCR Turn over
2025
Thursday 5 June 2025 – Morning
A Level Economics
H460/03 Themes in economics
Time allowed: 2 hours
(Verified Question Paper With Mark
Scheme Combined June 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 28 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025
OCR is an exempt
[601/4799/4] DC
Charity Turn over
(DE/FC) 345028/5
, 2
Section A
Write your answer to each question in the box provided.
1 Which point on the diagram represents productive efficiency for the firm?
Costs
/ es
reven MC
u
AC
AR
O Q1 Q2 Q3 Q4 Quantity
MR
A Q1
B Q2
C Q3
D Q4
Your answer [1]
2 In the diagram what represents the opportunity cost of increasing production of
wheat from W1 to W2?
Corn
C1
C
2
C3
O C C2 to C3
D W2 to W3
A C1 to C2
B C1 to C3
© OCR
2025
, 3
W1 W2 Wheat
W3
Your answer [1]
© OCR Turn over
2025
