Oxford Cambridge and RSA - 2025
Wednesday 14 May 2025 – Afternoon
GCSE (9–1) Economics
J205/01 Introduction to Economics
Time allowed: 1 hour 30 minutes
(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 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025
OCR is an exempt
[603/0143/0] DC
Charity Turn over
(ST/CGW) 343979/5
, 2
Section A
Write your answer to each question in the box provided.
1 One factor of production is labour.
The quantity of labour in an economy depends on the
A ability of entrepreneurs to organise it
B amount of land able to support people
C availability of human resources
D provision of education
Your answer [1]
2 What is meant by scarce resources?
A Economic choice means that resources are used in the best way possible
B Resources must not be overused so they can be replaced
C The existence of finite resources and the need to choose between uses
D Where there are insufficient resources to satisfy all wants
Your answer [1]
3 A clothing retailer decides to sell its goods to consumers on the internet.
According to an economist, what is this an example of?
A A market
B An exchange
C Demand
D Supply
Your answer [1]
© OCR
2025
, 3
4 Diagram X
Diagram Y Diagram Z
Price Price Price
D
D D
0 Quantity Quantity Quantity
0
0
Consumer Consumer Consumers A+B
A B
What does Diagram Z show?
A Changes in tastes of consumers
B Market demand of consumers
C Perfectly inelastic demand
D Shift in the demand curve
Your answer [1]
5 The actions of one firm in a market has a considerable effect on other firms.
What type of market is this most likely to be?
A Competitive
B Monopoly
C Oligopoly
D Specialist
Your answer [1]
© OCR Turn over
2025
Wednesday 14 May 2025 – Afternoon
GCSE (9–1) Economics
J205/01 Introduction to Economics
Time allowed: 1 hour 30 minutes
(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 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025
OCR is an exempt
[603/0143/0] DC
Charity Turn over
(ST/CGW) 343979/5
, 2
Section A
Write your answer to each question in the box provided.
1 One factor of production is labour.
The quantity of labour in an economy depends on the
A ability of entrepreneurs to organise it
B amount of land able to support people
C availability of human resources
D provision of education
Your answer [1]
2 What is meant by scarce resources?
A Economic choice means that resources are used in the best way possible
B Resources must not be overused so they can be replaced
C The existence of finite resources and the need to choose between uses
D Where there are insufficient resources to satisfy all wants
Your answer [1]
3 A clothing retailer decides to sell its goods to consumers on the internet.
According to an economist, what is this an example of?
A A market
B An exchange
C Demand
D Supply
Your answer [1]
© OCR
2025
, 3
4 Diagram X
Diagram Y Diagram Z
Price Price Price
D
D D
0 Quantity Quantity Quantity
0
0
Consumer Consumer Consumers A+B
A B
What does Diagram Z show?
A Changes in tastes of consumers
B Market demand of consumers
C Perfectly inelastic demand
D Shift in the demand curve
Your answer [1]
5 The actions of one firm in a market has a considerable effect on other firms.
What type of market is this most likely to be?
A Competitive
B Monopoly
C Oligopoly
D Specialist
Your answer [1]
© OCR Turn over
2025
