A-Level Economics exam practice by topic

This section is designed to help Edexcel A-Level Economics students practice exam-style questions by topic. The questions are organised by themes to make your revision more focused and efficient:

Theme 1 and Theme 2: For first-year A-Level students, covering foundational microeconomics and macroeconomics topics.

Theme 3 and Theme 4: For second-year A-Level students, focusing on advanced concepts.

Practicing specific questions on topics you’ve just studied is one of the best ways to consolidate your knowledge and identify areas where you feel less confident.

How to Use This Section:

1. Choose a Topic: Select a topic you’ve recently covered or feel weak in.

2. Practice the Questions: Work through the provided exam-style questions.

3. Review the Mark Scheme: After attempting the questions, go through the mark scheme thoroughly to:

• Identify what examiners are looking for.

• Make notes on how you can improve your answers.

4. Refine Your Skills: Use the feedback from your practice to enhance your understanding and exam technique.

Edexcel - Theme 1

PPF & Opp Cost
PPF &Opp Cost (Ans)
Normative vs Positive
Normative vs Positive (Ans)
Demand/ Supply
Demand/ Supply (Ans)
Types of economies
Types of economies (Ans)
Specialisation
Specialisation (Ans)
Elasticities
Elasticities (Ans)
Externalities
Externalities (Ans)
Market failure
Market failure (Ans)
Government failure
Government failure (Ans)
Subsidies
Subsidies (Ans)
Indirect tax
Indirect tax (Ans)
Government intervention
Government intervention (Ans)
Tradable pollution permits
Tradable pollution permits (Ans)
Rational/Irrational Behaviour
Rational/Irrational Behaviour (Ans)

Edexcel - Theme 2

Economic growth
Economic growth (Ans)
Unemployment
Unemployment (Ans)
Inflation
Inflation (Ans)
AD/AS
AD/AS (Ans)
Demand side policies
Demand side policies (Ans)
Supply side policies
Supply side policies (Ans)
Balance of payments
Balance of payments (Ans)
Conflicts between objectives
Conflicts between objectives (Ans)
National Income
National Income (Ans)

Edexcel - Theme 3

Revenue/Cost/Profit
Revenue/Cost/Profit (Ans)
Business objectives
Business objectives (Ans)
Monopolistic competition
Monopolistic competition (Ans)
Perfect competition
Perfect competition (Ans)
Oligopoly
Oligopoly (Ans)
Monopoly
Monopoly (Ans)
Labour market
Labour market (Ans)
Government intervention
Government intervention (Ans)
Business growth
Business growth (Ans)
Monopsony
Monopsony (Ans)
Contestability
Contestability (Ans)
Efficiency
Efficiency (Ans)

Edexcel - Theme 4

Trading Blocs + WTO
Trading Blocs + WTO (Ans)
The Financial Sector
The Financial Sector (Ans)
Developing economies
Developing economies (Ans)
Protectionism
Protectionism (Ans)
Poverty + Inequality
Poverty + Inequality (Ans)
BoP, ERs + Int competition
BoP, ERs + Int competition (Ans)
Globalisation + Trade
Globalisation + Trade (Ans)
Role of state in economy
Role of state in economy (Ans)