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Economics A · Edexcel 9EC0 · Paper 1: Markets and business behaviour · June 2017

Edexcel A Level Economics A Paper 1: Markets and business behaviour June 2017 examiner report (9EC0/01)

2h 100 marks

Examiner report

  1. Q1 - 5 marks - Elasticities of demand, Price determination and market equilibrium
  2. Q2 - 5 marks - Elasticities of demand
  3. Q3 - 5 marks - Indirect taxes and subsidies
  4. Q4 - 5 marks - Contestable markets
  5. Q5 - 5 marks - Costs of production
  6. Q6 - 50 marks - Business growth and integration, Competition policy and regulation of firms, Oligopoly
  7. Q7 - 25 marks - Elasticities of demand, Externalities, Indirect taxes and subsidies
  8. Q8 - 25 marks - Business objectives, Normal and supernormal profit